North Side Swim Team
Nonprofit profile at a glance
- EIN
- 843161110
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Ankeny, IA, USA
- Phone
- 3193219816
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $75,183
- Expenses
- $83,566
- Assets
- $20,935
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Elizabeth Weinheimer (Board Member)
- Scott Weinheimer (Head Coach)
- Ainslee Barnes (Treasuer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The North Side Swim Team develops high character athletes by providing them with a high quality, age appropriate, educational swim training experience and high caliber competition in a safe, healthy, positive environment at an affordable price to athletes from the North Side community and Central Iowa. The North Side Swim Team will help build and maintain the High School swim programs on the North Side of Des Moines into annual conference, regional and state contenders, while building a large aquatic base across the North Side.
What it reported doing in 2024
Facility Expenses. The team uses a 6-lane pool at a high school. This pays for usage & upkeep of the facility. The team also rents lanes at an 8-lane, 50-meter outdoor pool during the summer to train for the long course season.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 60.9%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11.2%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 29.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: -27.9% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 60.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $51K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.