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Sherwood Swim & Racquet Club

  • Greensboro, NC
  • Tax-exempt since Nov. 1964
  • EIN: 56-0773705

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$614k (2023)

20112023 $0$200k$400k$600k$800k$1M

Expenses
$680k (2023)

20112023 $0$200k$400k$600k$800k

Total Assets
$2.76M (2023)

20112023 $0$1M$2M$3M

Total Liabilities
$671k (2023)

20112023 $0$200k$400k$600k$800k$1M$1.2M
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$613,649
Expenses
$680,400
Net Income
-$66,751
Net Assets
$2,089,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $343,187
55.9%
Program Services $270,410
44.1%
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $260,530
38.3%
Assets/Debt
Total Assets $2,760,206
Total Liabilities $670,991
Net Assets $2,089,215
Compensation
Key Employees and Officers Compensation Related Other
Katie Rossabi (President) $0 $0 $0
Teresa Russell (Secretary) $0 $0 $0

Document Links

990
Filed on Feb. 21, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$696,841
Expenses
$639,199
Net Income
$57,642
Net Assets
$2,155,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $414,202
59.4%
Program Services $282,619
40.6%
Investment Income $20
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $263,059
41.2%
Assets/Debt
Total Assets $2,855,577
Total Liabilities $699,611
Net Assets $2,155,966
Compensation
Key Employees and Officers Compensation Related Other
Sally Bowman (Vice President) $0 $0 $0
Rhonda Barrett (Director) $0 $0 $0
Brian Eachus (Sec Treasurer) $0 $0 $0
Trent Heberling (Director) $0 $0 $0
Heather Caldwell (Director) $0 $0 $0
Tj Driscoll (Co President) $0 $0 $0
Tony Giberti (Director) $0 $0 $0
Clifford Thompson (Director) $0 $0 $0
Jj Thompson (Director) $0 $0 $0
David Rapp (Director) $0 $0 $0
Ramona Barrett (Director) $0 $0 $0
Vince Howard (Co President) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$740,225
Expenses
$635,552
Net Income
$104,673
Net Assets
$2,098,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $484,883
65.5%
Program Services $242,294
32.7%
Investment Income $13,048
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $177,531
27.9%
Assets/Debt
Total Assets $2,834,744
Total Liabilities $736,420
Net Assets $2,098,324
Compensation
Key Employees and Officers Compensation Related Other
Sally Bowman (President) $0 $0 $0
Rhonda Barrett (Director) $0 $0 $0
Brian Eachus (Director) $0 $0 $0
Will Willis (Vice President) $0 $0 $0
Heather Caldwell (Director) $0 $0 $0
Tj Driscoll (Legal Counsel) $0 $0 $0
Tony Giberti (Director) $0 $0 $0
Clifford Thompson (Director) $0 $0 $0
Jj Thompson (Director) $0 $0 $0
David Rapp (Director) $0 $0 $0
Kevin Redding (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$609,142
Expenses
$585,001
Net Income
$24,141
Net Assets
$1,993,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $334,220
54.9%
Program Services $269,300
44.2%
Investment Income $5,622
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $172,300
29.5%
Assets/Debt
Total Assets $2,763,204
Total Liabilities $769,553
Net Assets $1,993,651
Compensation
Key Employees and Officers Compensation Related Other
Will Willis (President) $0 $0 $0
Rhonda Barrett (Director) $0 $0 $0
Sam Bostian (Director) $0 $0 $0
Sally Bowman (President Elect) $0 $0 $0
Heather Caldwell (Director) $0 $0 $0
Tj Driscoll (Legal Counsel) $0 $0 $0
Rachel Duke (Director) $0 $0 $0
Lindsay Jones (Vice President) $0 $0 $0
Chris Lowe (Director) $0 $0 $0
David Rapp (Director) $0 $0 $0
Kevin Redding (Director) $0 $0 $0
Teresa Marie Russell (Secretary/Treas) $0 $0 $0
Kim Taylor (Director) $0 $0 $0
Riley Walker (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 31, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$744,981
Expenses
$648,151
Net Income
$96,830
Net Assets
$1,969,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $472,951
63.5%
Program Services $264,119
35.5%
Investment Income $7,911
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $169,023
26.1%
Assets/Debt
Total Assets $2,783,982
Total Liabilities $814,472
Net Assets $1,969,510

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$657,999
Expenses
$680,253
Net Income
-$22,254
Net Assets
$1,872,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $412,973
62.8%
Program Services $241,207
36.7%
Investment Income $3,819
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $153,429
22.6%
Assets/Debt
Total Assets $2,727,347
Total Liabilities $854,667
Net Assets $1,872,680

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$716,819
Expenses
$675,714
Net Income
$41,105
Net Assets
$1,893,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $417,593
58.3%
Program Services $296,666
41.4%
Investment Income $2,560
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $147,696
21.9%
Assets/Debt
Total Assets $2,785,266
Total Liabilities $891,484
Net Assets $1,893,782

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$765,094
Expenses
$659,440
Net Income
$105,654
Net Assets
$1,852,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $440,453
57.6%
Program Services $320,379
41.9%
Investment Income $4,262
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $109,523
16.6%
Assets/Debt
Total Assets $2,820,398
Total Liabilities $967,721
Net Assets $1,852,677

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$734,298
Expenses
$629,571
Net Income
$104,727
Net Assets
$1,747,023
Notable Sources of Revenue Percent of Total Revenue
Contributions $434,681
59.2%
Program Services $296,030
40.3%
Investment Income $3,587
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,600
1.8%
Assets/Debt
Total Assets $2,741,149
Total Liabilities $994,126
Net Assets $1,747,023

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$718,414
Expenses
$661,338
Net Income
$57,076
Net Assets
$1,643,546
Notable Sources of Revenue Percent of Total Revenue
Contributions $423,670
59.0%
Program Services $291,897
40.6%
Investment Income $2,847
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,950
1.4%
Assets/Debt
Total Assets $2,685,867
Total Liabilities $1,042,321
Net Assets $1,643,546

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$681,747
Expenses
$629,521
Net Income
$52,226
Net Assets
$1,586,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $408,203
59.9%
Program Services $272,010
39.9%
Investment Income $1,534
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $71,722
11.4%
Assets/Debt
Total Assets $2,546,937
Total Liabilities $960,467
Net Assets $1,586,470

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$658,374
Expenses
$629,752
Net Income
$28,622
Net Assets
$1,534,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $396,117
60.2%
Program Services $256,531
39.0%
Investment Income $5,726
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $229,990
36.5%
Assets/Debt
Total Assets $2,520,072
Total Liabilities $985,828
Net Assets $1,534,244

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$805,445
Expenses
$665,666
Net Income
$139,779
Net Assets
$1,505,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $526,029
65.3%
Program Services $275,205
34.2%
Investment Income $4,211
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $277,374
41.7%
Assets/Debt
Total Assets $2,491,627
Total Liabilities $986,155
Net Assets $1,505,472

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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