Quick charity verification for Wedgewood Swim Club (EIN: 210686800)
Verdict: Wedgewood Swim Club appears trustworthy
92/100Mission Score
$632KRevenue
$1.3MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise efficiency calculations difficult without full 990 access.
Strengths
Consistent revenue generation, with latest revenue at $632,154.
Strong asset growth, reaching $1,339,168.
Significantly reduced liabilities over time, indicating improved financial health (e.g., $500 in 2022 compared to $481,567 in 2013).
0% reported officer compensation across all filings, indicating high volunteer engagement or efficient use of funds.
Consistent IRS 990 filing history, demonstrating transparency and accountability.
Spending Breakdown
How Wedgewood Swim Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Wedgewood Swim Club
Is Wedgewood Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Wedgewood Swim Club (EIN: 210686800) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Wedgewood Swim Club a good charity to donate to?
Wedgewood Swim Club has a Mission Score of 92/100. Revenue: $632K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wedgewood Swim Club?
The Employer Identification Number (EIN) for Wedgewood Swim Club is 210686800. 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 Wedgewood Swim Club spend its money?
Wedgewood Swim Club allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wedgewood Swim Club's tax-exempt status?
You can verify Wedgewood Swim Club's tax-exempt status using EIN 210686800 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
Wedgewood Swim Club demonstrates consistent financial operations, primarily focused on its recreational purpose. Over the past decade, the organization has maintained stable revenue streams, averaging around $380,000 annually, with a notable increase to $460,053 in 2022. Expenses have generally been managed within or close to revenue, indicating a sustainable operational model. The club's assets have shown steady growth, increasing from $920,528 in 2014 to $1,094,984 in 2022, suggesting good financial stewardship and investment in its facilities. Liabilities have fluctuated but were significantly reduced from highs in 2013-2015 (e.g., $481,567 in 2013) to minimal levels in recent years (e.g., $500 in 2022), which is a strong indicator of improved financial health and reduced debt burden.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 12 periods, providing a clear historical financial record. A key aspect of its financial health is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially indicating a high degree of community involvement and dedication. This practice, while beneficial for resource allocation, could also warrant further inquiry to understand the full compensation structure if any exists for key management roles. Overall, Wedgewood Swim Club appears to be a well-managed entity with a strong focus on its mission, supported by sound financial practices and a commitment to transparency through regular reporting.