Swim Club at Indiana University

Nonprofit profile at a glance

EIN
842763374
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
Bloomington, IN, USA
Phone
8123225980
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$26,412
Expenses
$21,263
Assets
$44,148
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Munthira Raju (President)
  • Jackson Miller (Vice President of Programming)
  • Meghan Frost (Vice President of Financial Affairs)
  • Lauren Liston (Vice President of Communications)
  • Allie Aschliman (Vice President of Philanthropy)
  • Evan Lesniewski (Vice President of Member Relations)

People named in this filing

  • Munthira Raju (President)
  • Jackson Miller (Vice President of Programming)
  • Meghan Frost (Vice President of Financial Affairs)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

University recreational sports swim organization.

What it reported doing in 2022

Provided weekly coached practices to over 140 swimmers for an eight-month season. This includes a t-shirt and swim cap for each member along with a wide range of social events paid for by the organization.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.7%; rating input score 49
  • Program expense ratio: 60.5%; rating input score 60

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 19.5%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 2.08; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8.5% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: 30% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 12.4% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 48.7% of revenue deployed · 60.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $13K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 49/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.