Swim Torrance
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Fosters amateur sports competition for a youth swim team. For fiscal year 2024 it reported $832K in revenue, $891K in expenses, and $561K in net assets.Pt I
Summary of the Filing
Where the work happens
The third phase of the program includes participation in moe and higher level meets. Aspirations are for the swimmers to participate in high school swim teams along with Swim Torrance, to improve individual swim records, to qualify for junior and senior olympics, etc.
The third phase of the program includes participation in moe and higher level meets. Aspirations are for the swimmers to participate in high school swim teams along with Swim Torrance, to improve individual swim records, to qualify for junior and senior olympics, etc.
The swimmers are advanced to the second level once they have become competent swimmers,have aged up and have matured physically and technically. The swimmers add in strength training. The swimmers attend meets grouped by age and skill level.
The swimmers are advanced to the second level once they have become competent swimmers,have aged up and have matured physically and technically. The swimmers add in strength training. The swimmers attend meets grouped by age and skill level.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 94% | — | — |
| Overhead ratio | 6% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -14% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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