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.
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.