Bradford Swim & Recreation Center Inc
EIN: 42379101 · Bradford, MA · NTEE: N30
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $296K |
| Net Assets | $280K |
Is Bradford Swim & Recreation Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bradford Swim & Recreation Center Inc
Bradford Swim & Recreation Center Inc (EIN: 42379101) is a nonprofit organization based in Bradford, MA, classified under NTEE code N30. The organization reported total revenue of $351K and total assets of $779K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bradford Swim & Recreation Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bradford Swim & Recreation Center Inc is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of -31.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $312K |
| Total Expenses | $296K |
| Surplus / Deficit | +$15K |
| Total Assets | $699K |
| Total Liabilities | $419K |
| Net Assets | $280K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 60.0% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2021, Bradford Swim & Recreation Center Inc reported a surplus of $15K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 60.0% (high leverage).
Financial Trends
Over 2 years of filings (2020–2021), Bradford Swim & Recreation Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -31.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -31.2% | +56.7% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bradford Swim & Recreation Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bradford Swim & Recreation Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.0%.
Frequently Asked Questions about Bradford Swim & Recreation Center Inc
Is Bradford Swim & Recreation Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bradford Swim & Recreation Center Inc (EIN: 42379101) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bradford Swim & Recreation Center Inc spend its money?
Detailed spending breakdown data is not yet available for Bradford Swim & Recreation Center Inc. Check back for updated IRS 990 analysis.
Are donations to Bradford Swim & Recreation Center Inc tax-deductible?
Bradford Swim & Recreation Center Inc is registered as a tax-exempt nonprofit (EIN: 42379101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bradford Swim & Recreation Center Inc located?
Bradford Swim & Recreation Center Inc is headquartered in Bradford, Massachusetts and files with the IRS under EIN 42379101. It is classified under NTEE code N30.
How many years of IRS 990 filings does Bradford Swim & Recreation Center Inc have?
Bradford Swim & Recreation Center Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $351K in total revenue.
Filing History
IRS 990 filing history for Bradford Swim & Recreation Center Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), Bradford Swim & Recreation Center Inc's revenue has declined by 31.2%, moving from $453K to $312K. Total assets increased by 13% over the same period, from $618K to $699K. Total functional expenses rose by 56.7%, from $189K to $296K. In its most recent filing year (2021), Bradford Swim & Recreation Center Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $419K in liabilities against $699K in assets (debt-to-asset ratio: 60.0%), resulting in net assets of $280K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $312K | $296K | $699K | $419K | — | View 990 |
| 2020 | $453K | $189K | $618K | $354K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bradford Swim & Recreation Center Inc:
Data Sources and Methodology
This transparency report for Bradford Swim & Recreation Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.