Is Exeter Swimming Association Legit?

Quick charity verification for Exeter Swimming Association (EIN: 20353417)

Verdict: Exeter Swimming Association shows mixed signals

65/100Mission Score
$182KRevenue
$51KAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Exeter Swimming Association allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Exeter Swimming Association

Is Exeter Swimming Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Exeter Swimming Association (EIN: 20353417) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Exeter Swimming Association a good charity to donate to?

Exeter Swimming Association has a Mission Score of 65/100. Revenue: $182K. Assets: $51K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Exeter Swimming Association?

The Employer Identification Number (EIN) for Exeter Swimming Association is 20353417. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Exeter Swimming Association spend its money?

Exeter Swimming Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Exeter Swimming Association's tax-exempt status?

You can verify Exeter Swimming Association's tax-exempt status using EIN 20353417 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Exeter Swimming Association demonstrates a consistent operational deficit in recent years, with expenses exceeding revenue in 7 out of 8 reported periods. For instance, in 2020, expenses were $185,420 against revenues of $181,840, and in 2019, expenses were $273,553 against revenues of $263,150. This trend suggests a reliance on prior reserves or other funding mechanisms not immediately apparent from the revenue figures alone. The organization's assets have fluctuated, showing a significant drop from $76,344 in 2016 to $15,883 in 2019, before recovering to $50,506 in 2020. Liabilities have also been consistently present, sometimes exceeding assets, as seen in 2020 where liabilities were $56,957 against assets of $50,506. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational losses raise questions about long-term financial sustainability if not addressed. The absence of reported officer compensation across all filings indicates either a volunteer-led organization or that compensation falls below reporting thresholds, which can be a positive sign for resource allocation to mission-related activities. Transparency regarding specific spending categories (program vs. admin/fundraising) is limited by the provided data. While the consistent filing of IRS 990s indicates compliance, a deeper dive into the full filings would be necessary to fully evaluate spending efficiency and the allocation of funds. The organization's financial health appears somewhat precarious given the recurring deficits and fluctuating asset-to-liability ratios.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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