Quick charity verification for University Swimming Association Inc (EIN: 221688245)
Verdict: University Swimming Association Inc shows mixed signals
65/100Mission Score
$186KRevenue
$134KAssets
4Red Flags
2Strengths
Red Flags
Consistent net losses: Expenses have exceeded revenue in multiple years (e.g., 2023: revenue $178,932, expenses $194,993).
Declining net assets: Total assets have decreased by over 34% since 2015, from $197,948 to $130,860 in 2023.
Lack of executive compensation disclosure: The provided data indicates 0% compensation, which is unusual for an organization of this size and suggests a lack of transparency.
Limited revenue growth: Revenue has remained relatively stagnant over the past decade, with only modest increases from $133,906 in 2015 to $178,932 in 2023.
Strengths
Long-standing organization: The presence of financial data dating back to 2015 suggests a long operational history.
Consistent program delivery: Despite financial challenges, the organization has continued to operate and incur expenses, implying ongoing program delivery.
Spending Breakdown
How University Swimming Association Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 University Swimming Association Inc
Is University Swimming Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University Swimming Association Inc (EIN: 221688245) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is University Swimming Association Inc a good charity to donate to?
University Swimming Association Inc has a Mission Score of 65/100. Revenue: $186K. Assets: $134K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for University Swimming Association Inc?
The Employer Identification Number (EIN) for University Swimming Association Inc is 221688245. 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 University Swimming Association Inc spend its money?
University Swimming Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify University Swimming Association Inc's tax-exempt status?
You can verify University Swimming Association Inc's tax-exempt status using EIN 221688245 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
University Swimming Association Inc is a unknown nonprofit based in New Brunswick, New Jersey, with reported revenue of $186K and assets of $134K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. - Financial statements consistently show expenses exceeding revenue, leading to net losses in recent years.
- The organization's net assets have steadily declined from $197,948 in 2015 to $130,860 in 2023.
- No compensation information is available in the provided data, indicating a lack of transparency regarding executive pay. Executive compensation cannot be assessed as no compensation figures (c) were provided in the financial filings. Revenue has grown +16% across 12 filing periods.