Worthington Swim Club Boosters Inc

Nonprofit profile at a glance

EIN
237025497
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Worthington, OH, USA
Phone
6145587137
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Support N.E.C.

Reported finances

Revenue
$101,112
Expenses
$76,964
Assets
$97,391

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ERIN SOGAL (PRESIDENT)

People named in this filing

  • SHELLY BOWLING (TREASURER)
  • ERIN SOGAL (PRESIDENT)
  • JESSICA MCGUIRE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To facilitate competitive swimming in the community

What it reported doing in 2024

Host swim meets that are a regional draw. We have 500 swimmers participating in each swim meet. Each swimmer also has friends and family that are present to provide support; the attendance averages over 1,000 for the weekend of a competition.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.3%; rating input score 73
  • Program expense ratio: 96.4%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.9%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 67; 67th 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: -1.4% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 73.3% of revenue deployed · 96.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $74K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.