Quick charity verification for Haddontowne Swim Club (EIN: 210743650)
Verdict: Haddontowne Swim Club appears trustworthy
90/100Mission Score
$161KRevenue
$139KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses: Revenues frequently exceed expenses, as seen in 2023 ($199,293 revenue vs. $150,740 expenses).
Strong asset growth: Assets have more than doubled from $77,001 in 2014 to $174,233 in 2023.
Zero liabilities: The organization consistently reports $0 in liabilities, indicating no debt burden.
No officer compensation: 0% officer compensation across all filings suggests efficient use of funds for mission-related activities.
Positive net income trend: Most years show a positive difference between revenue and expenses, contributing to financial resilience.
Spending Breakdown
How Haddontowne Swim Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Haddontowne Swim Club
Is Haddontowne Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Haddontowne Swim Club (EIN: 210743650) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Haddontowne Swim Club a good charity to donate to?
Haddontowne Swim Club has a Mission Score of 90/100. Revenue: $161K. Assets: $139K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haddontowne Swim Club?
The Employer Identification Number (EIN) for Haddontowne Swim Club is 210743650. 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 Haddontowne Swim Club spend its money?
Haddontowne Swim Club allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haddontowne Swim Club's tax-exempt status?
You can verify Haddontowne Swim Club's tax-exempt status using EIN 210743650 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
Haddontowne Swim Club demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in 2023, the organization reported revenues of $199,293 against expenses of $150,740, resulting in a surplus. This trend of positive net income contributes to a healthy growth in assets, which have increased from $77,001 in 2014 to $174,233 in 2023. The organization consistently reports zero liabilities, indicating a strong balance sheet and responsible financial management without reliance on debt.
Regarding spending efficiency, the available data indicates that Haddontowne Swim Club operates with a focus on its core activities, as evidenced by the absence of reported officer compensation across all filings. This suggests that the organization is likely volunteer-run or has very low administrative overhead, which is a positive indicator for spending efficiency. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the overall financial health suggests resources are being managed effectively.
Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation enhances trust, as it implies that funds are primarily directed towards the club's operations rather than executive salaries. The consistent growth in assets and positive net income further supports the notion of a well-managed and financially sound organization, operating without significant financial risks.