Quick charity verification for Teaneck Swim Club Inc (EIN: 222138641)
Verdict: Teaneck Swim Club Inc shows mixed signals
65/100Mission Score
$281KRevenue
$230KAssets
3Red Flags
2Strengths
Red Flags
Consistent reporting of 0% compensation for all officers, directors, trustees, and key employees across multiple years (e.g., 2023, 2022, 2021) may obscure actual compensation or benefits.
Total assets have nearly halved from $720,152 in 2016 to $364,958 in 2023, indicating a significant erosion of the organization's financial base.
The organization has consistently reported net losses (expenses exceeding revenue) in recent years, such as $96,910 in 2023 ($399,141 expenses vs. $302,131 revenue) and $75,104 in 2022, which is unsustainable long-term.
Strengths
Despite financial challenges, the organization has maintained operations for many years, demonstrating resilience.
The consistent reporting of 0% compensation for key personnel suggests a strong volunteer commitment to the mission.
Spending Breakdown
How Teaneck Swim Club Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Teaneck Swim Club Inc
Is Teaneck Swim Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Teaneck Swim Club Inc (EIN: 222138641) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Teaneck Swim Club Inc a good charity to donate to?
Teaneck Swim Club Inc has a Mission Score of 65/100. Revenue: $281K. Assets: $230K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Teaneck Swim Club Inc?
The Employer Identification Number (EIN) for Teaneck Swim Club Inc is 222138641. 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 Teaneck Swim Club Inc spend its money?
Teaneck Swim Club Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Teaneck Swim Club Inc's tax-exempt status?
You can verify Teaneck Swim Club Inc's tax-exempt status using EIN 222138641 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
Teaneck Swim Club Inc is a unknown nonprofit based in Teaneck, New Jersey, with reported revenue of $281K and assets of $230K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is consistently reported as $0 across all available filings, which, while potentially indicating a volunteer-led structure, lacks transparency regarding any indirect benefits or non-cash compensation. Revenue has declined -23% across 13 filing periods.