Sigma Performance Swimming FY2020 filing

Tax-deductible

Colleyville, TX501(c)(3)Recreation & SportsEIN 27-0297684Revenue $837K in FY2020

On file with the IRSsigmaswimming.org3700 Bardolino, 76034-1468 · Colleyville, TXTax-exempt since Dec 2009Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Youth aquatic programs in the community. Includes swim lessons, water safety and drowning prevention. Youths developing a competitive swim team which receives local, regional, state and national titles.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$204K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$204K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $42
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$207K
165% of total assets
Concern: liabilities are 165% of assets; over 80%.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$837K
Spent
$955K
To programs
73%
Net assets
−$81K
By yearFY2020–FY2025
Revenue
$837K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$837K
FY2021$1.4M
FY2022$1.8M
FY2023$1.8M
FY2024$2.0M
FY2025$2.0M
Expenses
$955K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$955K
FY2021$1.3M
FY2022$1.8M
FY2023$1.8M
FY2024$2.1M
FY2025$1.9M
Net assets
−$81K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$81K
FY2021−$31K
FY2022$17K
FY2023$50K
FY2024−$93K
FY2025$51K

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $697K Management & general 27% · $258K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990; $204K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chairman/Pre
$168,040Pt VII · Sec A
$36,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Andrew Ha’s $240K as Chairman/President is at the 91st percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Andrew Ha$240,000$254,000$270,000$257,000$272,000$168,040
Karen Stinchcomb————$59,500$36,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Sigma Performance Swimming executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches youth swimming, water safety, and drowning prevention, developing competitive swim teams.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $697K · in their own filed words · FY2019
01

Swim instruction and coaching for competitive events and water safety inclusive of general management of the program.

$533Kprogram expense
02

Provision of facilities appropriate in developing swimming and competition skills throughout the geographic area centered around fort worth, texas.

$133Kprogram expense
03

Swim events to encourage youths in the art of fair competition and reaching personal and team goals.

$32Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$42

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$837K
Ln 12
Gifts and grantsLn 1h$653K
Fees for servicesLn 2g$175K
Other incomeLn 4–11$10K
Money outPt IX
$955K
Ln 25
Programscol B$697K
Managementcol C$258K
Owns and owesPt X
−$81K
net assets · Ln 32
Cash and savingsLn 1–2$126K
Total assetsLn 16$126K
LiabilitiesLn 26$207K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$653K
Government grantsLn 1e$10K
Fees for servicesLn 2g$175K
Other incomeLn 4–11$10K
Total revenueLn 12$837K
Assets in detailPt X, end of year
CashLn 1$126K
Cash and savings togetherLn 1–2$126K
Total assetsLn 16$126K
LiabilitiesLn 26$207K
Net assetsLn 32−$81K
OperationsPt I, VI
EmployeesI 5105
VolunteersI 6100
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$83K$126K
Total assetsLn 16$83K$126K
LiabilitiesLn 26$46K$207K
Net assetsLn 32$37K−$81K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$196K$196K
Other salaries and wagesLn 7$495K$495K
Payroll taxesLn 10$54K$38K$16K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$16K$16K
Information technologyLn 14$6K$6K
OccupancyLn 16$137K$133K$3K
Conferences, conventions and meetingsLn 19$72$72
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$39K$32K$7K
All other expensesLn 24e$446$446
Total functional expensesLn 25$955K$697K$258K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.0M$1.9M$144K$51K 990 PDF
FY2024 $2.0M$2.1M−$143K−$93K 990 PDF
FY2023 $1.8M$1.8M$33K$50K 990 PDF
FY2022 $1.8M$1.8M$48K$17K 990 PDF
FY2021 $1.4M$1.3M$50K−$31K 990 PDF
FY2020 Viewing $837K$955K−$118K−$81K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $837,058 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,053,036$652,789
I-9 Program service revenue$174,626
I-10 Investment income$0
I-11 Other revenue$9,643
I-12 Total revenuePrior year $1,053,036$837,058
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $719,521$745,080
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $318,503$210,099
I-18 Total expensesPrior year $1,038,024$955,179
I-19 Revenue less expensesPrior year $15,012−$118,121
Part VI · Governance 1 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $837,058 across 7 lines filed
Lines not itemized here account for $8,721 of total revenue; see the IRS return.
VIII-1b Membership dues$642,699
VIII-1e Government grants$10,000
VIII-1f All other contributions, gifts and grants$90
VIII-1h Total contributions, gifts and grants$652,789
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $173,698$173,698
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,850$1,850
VIII-12 Total revenueRelated to mission $184,269$837,058
Part IX · Statement of functional expenses $955,179 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $196,040$196,040
IX-7 Other salaries and wagesPrograms $494,599$494,599
IX-10 Payroll taxesPrograms $38,109 · Management $16,332$54,441
IX-11c Accounting feesManagement $3,600$3,600
IX-12 Advertising and promotionManagement $2,711$2,711
IX-13 Office expensesManagement $15,843$15,843
IX-14 Information technologyManagement $5,533$5,533
IX-16 OccupancyPrograms $133,087 · Management $3,435$136,522
IX-19 Conferences, conventions and meetingsManagement $72$72
IX-23 InsuranceManagement $6,690$6,690
IX-24 Other expenses (24a–d)Programs $31,504 · Management $7,178$38,682
IX-24e All other expensesManagement $446$446
IX-25 Total functional expensesPrograms $697,299 · Management $257,880 · Fundraising $0$955,179
Part X · Balance sheet $125,550 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $83,250$125,550
X-16 Total assetsStart of year $83,250$125,550
X-17 Accounts payable and accrued expensesStart of year $36,895$60,058
X-24 Unsecured notes and loans payable$146,700
X-26 Total liabilitiesStart of year $46,337$206,758
X-27 Net assets without donor restrictionsStart of year $36,913−$81,208
X-32 Total net assets or fund balancesStart of year $36,913−$81,208
X-33 Total liabilities and net assetsStart of year $83,250$125,550
Part XI · Reconciliation of net assets −$81,208 net assets at year end
XI-1 Total revenue$837,058
XI-2 Total expenses$955,179
XI-3 Revenue less expenses−$118,121
XI-4 Net assets at start of year$36,913
XI-10 Net assets at end of year−$81,208

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.