Southeast Tennessee Swimming Inc
Nonprofit profile at a glance
- EIN
- 923058506
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Mc Donald, TN, USA
- Phone
- 4234148401
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $112,746
- Expenses
- $120,185
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Brooke Erhard (President)
- Jodi Combs (Vice President)
People named in this filing
- Brooke Erhard (President)
- Tiffany Holt (Treasurer)
- Jodi Combs (Vice President)
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
Southeast Tennessee Swimming is a year round certified club team. We are a member of USA swimming. Our mission is provide kids a fun and challenging environment in which they can learn competitive swimming skills and higher level of racing performance. We focus on life lessons of goal setting, self discipline, and team work.
What it reported doing in 2024
We were able to raise enough money to have 4 kids on scholarship for the 24/25 taxable year. non-profit community competitive swim team and is not associated with any school.Therefore, we are able to offer a competitive swimming experience to any young person from our community regardless of school affiliation. We then partner with open-minded businesses that desire to enrich the community through offering an experience that most homeschooled and public school students would otherwise not have access to.
Operating model
- Revenue model
- Membership-supported. 89% of the money available for current operations came from membership dues.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.2%; rating input score 21
- Program expense ratio: 19.9%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -6.6%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -22.4% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -5.3% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 21.2% of revenue deployed · 19.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $24K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.