Tornados Swim Team

Nonprofit profile at a glance

EIN
200202847
IRS 990-EZ coverage
2011–2022
Forms available
Form 990-EZ 2022
Location
Vancouver, WA, USA
Phone
7127200834
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$139,137
Expenses
$121,957
Assets
$40,662
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Jim Butler (President)
  • Jennifer Schlobohm (Vice President)

People named in this filing

  • Jim Butler (President)
  • Jennifer Schlobohm (Vice President)
  • Chantel Phed (Secretary)

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

Tornadoes Swim Team is a swim team that is run by community and parent volunteers to provide an opportunity for youth to swim on a team, and compete within the USA swimming regulations. The team provides an environment for youth to grow and develop the skills necessary to swim competitively, and prepare to be productive, positive and contributing citizens. The organization collects monthly fees/dues for each swimmer and uses those funds to rent pool space from a local YMCA & hire/pay coaches with collegiate/professional swimming experience. The fees are charged in a way to maintain a minimal reserve in the bank and support teambuilding events 2-3x per year.

What it reported doing in 2022

Tornadoes Swim Team consistently provided swimming instruction and competition support to over 80 swimmers throughout the year of 2022 a 33% increase over prior year.

Operating model

Revenue model
Membership-supported. 90% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - 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: 0
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 12.3%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: -5.2% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: -6.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 11 filing years from 2011 to 2022
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.