Quick charity verification for Hurricane Swim Club (EIN: 10440996)
Verdict: Hurricane Swim Club appears trustworthy
70/100Mission Score
$13KRevenue
$8KAssets
3Red Flags
3Strengths
Red Flags
Significant and consistent decline in annual revenue over several years (from $66,744 in 2014 to $13,053 currently).
Expenses frequently exceeding revenue (e.g., 2019, 2016, 2015, 2013), indicating reliance on reserves or operating at a deficit.
Decreasing asset base from $15,384 in 2012 to $7,518 currently, aligning with the overall financial contraction.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and high efficiency in executive pay.
Maintained zero liabilities across all reported periods, demonstrating sound debt management.
Consistent IRS 990 filing history (8 filings), indicating good compliance and transparency in basic reporting.
Spending Breakdown
How Hurricane Swim Club allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Hurricane Swim Club
Is Hurricane Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Hurricane Swim Club (EIN: 10440996) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Hurricane Swim Club a good charity to donate to?
Hurricane Swim Club has a Mission Score of 70/100. Revenue: $13K. Assets: $8K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hurricane Swim Club?
The Employer Identification Number (EIN) for Hurricane Swim Club is 10440996. 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 Hurricane Swim Club spend its money?
Hurricane Swim Club allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hurricane Swim Club's tax-exempt status?
You can verify Hurricane Swim Club's tax-exempt status using EIN 10440996 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
Hurricane Swim Club, a small organization based in Hermon, ME, exhibits a declining revenue trend over the past several years, from a high of $66,744 in 2014 to $13,053 in its latest filing. This significant decrease in financial activity suggests potential operational challenges or a reduction in program scope. Despite the revenue decline, the organization has consistently maintained zero liabilities across all reported periods, indicating sound financial management in terms of debt. However, its assets have also decreased from a peak of $15,384 in 2012 to $7,518 currently, which aligns with the overall reduction in financial scale.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of Officer Compensation at 0% across all filings suggests that the organization is run by volunteers, which can be a positive indicator of efficiency by minimizing overhead. The fact that expenses have often exceeded revenue in several periods (e.g., 2019, 2016, 2015, 2013) indicates that the organization has been drawing down its reserves or operating at a deficit, which is not sustainable long-term without a reversal in revenue trends.
In terms of transparency, the organization has a consistent filing history with 8 filings, which is a positive sign of compliance. The absence of officer compensation simplifies the analysis of executive pay, as there is none. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated. Given its small size and volunteer-run nature, the organization appears to be transparent in its basic financial reporting, but more granular data would be needed for a comprehensive transparency assessment.