Civic Intelligence

Pacific Swimming Inc

990 • Fiscal year 2016 • EIN 94-2701340

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 18, 2017

4533 Tuolumne WayConcord, CA 94521

(925) 825-6041

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

36th percentile

$7,200

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

72nd percentile

10%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-28%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,424,792

Up $317,300 (+10%) from 2015

Net Assets

Up

$3,346,775

Up $304,547 (+10%) from 2015

Liabilities

Up

$78,017

Up $12,753 (+20%) from 2015

Revenue

Down

$1,183,971

Down $454,273 (-28%) from 2015

Expenses

Up

$1,043,094

Up $28,767 (+2.8%) from 2015

Net Income

Down

$140,877

Down $483,040 (-77%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,467,819Liabilities 2011: $265,277Net Assets 2011: $2,202,5422011Assets 2012: $2,707,443Liabilities 2012: $370,496Net Assets 2012: $2,336,9472012Assets 2013: $3,040,764Liabilities 2013: $395,026Net Assets 2013: $2,645,7382013Assets 2014: $2,825,449Liabilities 2014: $52,802Net Assets 2014: $2,772,6472014Assets 2015: $3,107,492Liabilities 2015: $65,264Net Assets 2015: $3,042,2282015Assets 2016: $3,424,792Liabilities 2016: $78,017Net Assets 2016: $3,346,7752016Assets 2017: $3,789,299Liabilities 2017: $75,410Net Assets 2017: $3,713,8892017Assets 2018: $4,115,822Liabilities 2018: $130,132Net Assets 2018: $3,985,6902018Assets 2019: $4,155,850Liabilities 2019: $148,808Net Assets 2019: $4,007,0422019Assets 2020: $4,008,895Liabilities 2020: $689,646Net Assets 2020: $3,319,2492020Assets 2021: $4,330,217Liabilities 2021: $560,152Net Assets 2021: $3,770,0652021Assets 2022: $4,051,424Liabilities 2022: $274,549Net Assets 2022: $3,776,8752022Assets 2023: $4,479,004Liabilities 2023: $101,004Net Assets 2023: $4,378,0002023Assets 2024: $5,245,596Liabilities 2024: $92,342Net Assets 2024: $5,153,2542024Assets 2025: $5,635,244Liabilities 2025: $87,263Net Assets 2025: $5,547,9812025

Highlighted filing

2016

Assets$3,424,792
Liabilities$78,017
Net Assets$3,346,775

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,970,319Expenses 2011: $1,709,939Net Income 2011: $260,3802011Expenses 2012: $2,119,0812012Revenue 2013: $2,080,775Expenses 2013: $1,953,440Net Income 2013: $127,3352013Revenue 2014: $713,694Expenses 2014: $704,198Net Income 2014: $9,4962014Revenue 2015: $1,638,244Expenses 2015: $1,014,327Net Income 2015: $623,9172015Revenue 2016: $1,183,971Expenses 2016: $1,043,094Net Income 2016: $140,8772016Revenue 2017: $1,289,271Expenses 2017: $1,074,966Net Income 2017: $214,3052017Revenue 2018: $1,465,582Expenses 2018: $1,277,719Net Income 2018: $187,8632018Revenue 2019: $1,229,911Expenses 2019: $1,279,578Net Income 2019: -$49,6672019Revenue 2020: $983,590Expenses 2020: $1,814,495Net Income 2020: -$830,9052020Revenue 2021: $683,662Expenses 2021: $427,071Net Income 2021: $256,5912021Revenue 2022: $1,283,445Expenses 2022: $668,588Net Income 2022: $614,8572022Revenue 2023: $1,365,825Expenses 2023: $949,444Net Income 2023: $416,3812023Revenue 2024: $1,372,808Expenses 2024: $986,008Net Income 2024: $386,8002024Revenue 2025: $1,489,446Expenses 2025: $1,220,506Net Income 2025: $268,9402025

Highlighted filing

2016

Revenue$1,183,971
Expenses$1,043,094
Net Income$140,877
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 18, 2017
Return Version
2015v3.0
Gross Receipts
$1,810,115
Mission and Program Overview

Mission

Inspiring a passion for swimming and making a difference in the lives of our members.

The objectives and primary purpose of pacific swimming shall be the education, instruction and training of individuals to develop and improve their capabilities in the sport of swimming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,406,744$2,505,562▲ $98,818
Cash and Non-Interest-Bearing Accounts$652,855$857,782▲ $204,927
Prepaid Expenses and Deferred Charges$21,801$20,169▼ $1,632
Accounts Receivable$8,500$17,605▲ $9,105
Inventories for Sale or Use$7,102$15,010▲ $7,908
Land, Buildings, and Equipment, Net$10,490$8,664▼ $1,826
Total Assets$3,107,492$3,424,792▲ $317,300
Liabilities
Accounts Payable and Accrued Expenses$65,059$74,348▲ $9,289
Other Liabilities-$3,669-
Deferred Revenue$205--
Total Liabilities$65,264$78,017▲ $12,753
Net Assets / Fund Balance
Unrestricted Net Assets$3,042,228$3,346,775▲ $304,547
Total Net Assets Fund Balance$3,042,228$3,346,775▲ $304,547
Total Liabilities and Net Assets / Fund Balance$3,107,492$3,424,792▲ $317,300

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,664$25,404$34,068
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy SeigristRegistrationFT$7,200$7,200

Board Members and Trustees

NameTitle
David BenjaminChair, Zone
James StretchChair, Zone
Jim MorefieldChair, Zone
Kevin TwoheyChair, Zone
Michael PiccardoChair, Zone
Todd KrohnVice Chair-d
Leo LinVice Chair-o
Paul ReidlAdmin. Revie
Joey SementelliAge Group Vi
David CottamAt-large Mem
Larry RiceAt-large Mem
Marie LinAt-large Mem
Susi JacksonAt-large Mem
Veronica HernandezAt-large Mem
Jennifer MalickCamps Comm C
Don HeidaryClub Develop
Jon PallesonCoach Rep-ag
Pam ReddingDisability S
Kent YoshiwaraDiversity Co
Jennifer WintersFinance and
John BitterGeneral Chai
George ClevelandMeet Managem
Michael DavisOfficials Ch
Marcia BenjaminOpen Water C
Clint BentonParlimemtari
Rick BeebeRecords Chai
Debbi TuckerSecretary
Lehla IrwinSenior Vice
Michala RoanSr Athlete R
Mary RuddellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$404,614
Program Service Revenue
$713,827
Investment Income
$39,612
Other Revenue
$25,918
Change in Net Assets
$140,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$776,711
Salaries, Compensation, and Employee Benefits$238,428
Grants and Similar Amounts Paid$27,955
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,978$83,450-$238,428
All Other Expenses$151,978$1,481-$153,459
Other Expenses$57,438--$57,438
Office Expenses-$32,898-$32,898
Fees for Services Other-$32,575-$32,575
Grants to Domestic Orgs$27,955--$27,955
Fees for Service Investment Mgmnt Fees-$25,432-$25,432
Advertising-$3,811-$3,811
Depreciation Depletion$1,826--$1,826
Total Functional Expenses$863,447$179,647$0$1,043,094
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,006
Accrued Expenses$663
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

David benjamin marcia benjamin zone 2 chair openwtr chr married couple

Form 990, Page 6, Part VI, Line 7B

Only the elected and appointed board members are entiltled to a vote monthly. At the house of delegates(november and may/june) each member club is entitled to vote.

Form 990, Page 6, Part VI, Line 11B

Section c disclosure 19 pacific swimming maintains a website www.pacswim.org where its governing documents, bylaws, rules and regulations and policies and procedures are accessible to members and public. A copy of conflict of interest policy is contained in the policies and procedures document of the organization, available on its website. The financial statements are maintained by the treasurer. A copy of the financial statements and the irs form 990 is available to members and the public by requesting it from the tresurer. Instructions and contact information are available on the pacific swimming website- www.pacswim.org

Form 990, Page 6, Part VI, Line 12C

Part vi-goverance, management and disclosure section b policies 12c the bod adopted a conflict of interest statement to be signed annually each year. The secretary is responsible for collecting and monitoring that all members have turned a signed form each year.

Form 990, Page 6, Part VI, Line 15A

The board approves compensation of the organizattion's top official.

Form 990, Page 6, Part VI, Line 15B

The board approves compensation of the organizattion's officers and key employees.

Form 990, Page 6, Part VI, Line 19

Section c disclosure 19 pacific swimming maintains a website www.pacswim.org where its governing documents, bylaws, rules and regulations and policies and procedures are accessible to members and public. A copy of conflict of interest policy is contained in the policies and procedures document of the organization, available on its website. The financial statements are maintained by the treasurer. A copy of the financial statements and the irs form 990 is available to members and the public by requesting it from the tresurer. Instructions and contact information are available on the pacific swimming website- www.pacswim.org

Filing and Contact Details

Filer

Filer Name
Pacific Swimming
EIN
94-2701340
Phone
9258256041
Address
4533 TUOLUMNE WAY, CONCORD, CA 94521

Signing Officer

Name
Mary Ruddell
Title
Treasurer
Phone
9258256041
Signed
2017-01-18

Organization Details

Principal Officer
John Bitter
Formed
1980
Legal Domicile
CA
Voting Board Members
31
Independent Board Members
31
Employees
6
Volunteers
1,250

Preparer

Firm
Lmgw Certified Public Accountants Llp
Address
1475 SARATOGA AVE STE 100, SAN JOSE, CA 95129-4951
Preparer
Michael J Bryant CPA
Phone
4082521800
Supplemental Narrative

Additional Explanations

Form 990

Form 990 - organization's mission or most significant activities pacific swimming shall promote swimming for the benefit of swimmers of all ages and abilities in accordance with its bylaws, policies and procedures.

Form 990, Page 2, Part III, Line 4A

Volunteer management and supervision of usa swimming programs in northern california area for 135 clubs; non-athletes (coaches, officials and other volunteers) and athletes.

Form 990, Part IX, Line 24E

Meet expenses 42,270 0 0 volunteer expenses 37,472 0 0 diversity 28,876 0 0 events 12,278 0 0 camp expenses 9,627 0 0 equipment 9,331 0 0 contract 7,800 0 0 chair expense 4,324 0 0 foreign taxes paid 0 1,417 0 miscellaneous 0 64 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt1COACH REP-AG
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3SENIOR VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt4AT-LARGE MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt5REGISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR, ZONE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR, ZONE
IRS990/Form990PartVIISectionAGrp/TitleTxt8PARLIMEMTARI
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR, ZONE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIR, ZONE
IRS990/Form990PartVIISectionAGrp/TitleTxt11CAMPS COMM C
IRS990/Form990PartVIISectionAGrp/TitleTxt12CLUB DEVELOP
IRS990/Form990PartVIISectionAGrp/TitleTxt13DISABILITY S
IRS990/Form990PartVIISectionAGrp/TitleTxt14AGE GROUP VI
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IRS990/Form990PartVIISectionAGrp/TitleTxt17RECORDS CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt18AT-LARGE MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt19OPEN WATER C
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIVERSITY CO
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEET MANAGEM
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IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE CHAIR-O
IRS990/Form990PartVIISectionAGrp/TitleTxt28OFFICIALS CH
IRS990/Form990PartVIISectionAGrp/TitleTxt29SR ATHLETE R
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.64$0.09$5.55$1.49$1.22$0.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$0.09$5.15$1.37$0.99$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.10$4.38$1.37$0.95$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.27$3.78$1.28$0.67$0.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$0.56$3.77$0.68$0.43$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.69$3.32$0.98$1.81$0.83
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.15$4.01$1.23$1.28$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$0.13$3.99$1.47$1.28$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$0.08$3.71$1.29$1.07$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.42$0.08$3.35$1.18$1.04$0.14
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.07$3.04$1.64$1.01$0.62
2014Summary only. Only limited summary data is available for this year.$2.83$0.05$2.77$0.71$0.70$0.01
2013Detailed filing. Detailed filing data is available for this year.$3.04$0.40$2.65$2.08$1.95$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.37$2.34$2.12
2011Summary only. Only limited summary data is available for this year.$2.47$0.27$2.20$1.97$1.71$0.26
Peer Organizations

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