Chelmsford Swimming & Tennis Club Inc
EIN: 42394051 · Chelmsford, MA
| Metric | Value |
|---|---|
| Total Revenue | $461K |
| Total Expenses | $404K |
| Net Assets | $165K |
Is Chelmsford Swimming & Tennis Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chelmsford Swimming & Tennis Club Inc
Chelmsford Swimming & Tennis Club Inc (EIN: 42394051) is a nonprofit organization based in Chelmsford, MA. The organization reported total revenue of $461K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chelmsford Swimming & Tennis Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chelmsford Swimming & Tennis Club Inc is a small nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $410K |
| Total Expenses | $404K |
| Surplus / Deficit | +$6K |
| Total Assets | $405K |
| Total Liabilities | $240K |
| Net Assets | $165K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 59.3% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Chelmsford Swimming & Tennis Club Inc reported a surplus of $6K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 59.3% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Chelmsford Swimming & Tennis Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +8.0% | -2.3% |
| 2022 | +6.6% | +2.7% | +5.3% |
| 2021 | +10.5% | +20.2% | -1.8% |
| 2020 | +8.3% | -8.2% | +50.9% |
| 2019 | -1.0% | +16.1% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chelmsford Swimming & Tennis Club 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 Chelmsford Swimming & Tennis Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.3%.
Frequently Asked Questions about Chelmsford Swimming & Tennis Club Inc
Is Chelmsford Swimming & Tennis Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chelmsford Swimming & Tennis Club Inc (EIN: 42394051) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chelmsford Swimming & Tennis Club Inc spend its money?
Detailed spending breakdown data is not yet available for Chelmsford Swimming & Tennis Club Inc. Check back for updated IRS 990 analysis.
Are donations to Chelmsford Swimming & Tennis Club Inc tax-deductible?
Chelmsford Swimming & Tennis Club Inc is registered as a tax-exempt nonprofit (EIN: 42394051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chelmsford Swimming & Tennis Club Inc located?
Chelmsford Swimming & Tennis Club Inc is headquartered in Chelmsford, Massachusetts and files with the IRS under EIN 42394051.
How many years of IRS 990 filings does Chelmsford Swimming & Tennis Club Inc have?
Chelmsford Swimming & Tennis Club Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $461K in total revenue.
Filing History
IRS 990 filing history for Chelmsford Swimming & Tennis Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Chelmsford Swimming & Tennis Club Inc's revenue has grown by 75.7%, moving from $233K to $410K. Total assets increased by 48.6% over the same period, from $272K to $405K. Total functional expenses rose by 53.3%, from $264K to $404K. In its most recent filing year (2023), Chelmsford Swimming & Tennis Club Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $240K in liabilities against $405K in assets (debt-to-asset ratio: 59.3%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $410K | $404K | $405K | $240K | — | — |
| 2022 | $392K | $374K | $414K | $256K | — | View 990 |
| 2021 | $368K | $364K | $393K | $249K | — | View 990 |
| 2020 | $333K | $303K | $400K | $253K | — | View 990 |
| 2019 | $307K | $330K | $265K | $159K | — | — |
| 2018 | $310K | $284K | $297K | $169K | — | View 990 |
| 2017 | $308K | $277K | $289K | $184K | — | View 990 |
| 2016 | $316K | $264K | $262K | $188K | — | View 990 |
| 2015 | $262K | $260K | $234K | $208K | — | View 990 |
| 2014 | $257K | $278K | $237K | $203K | — | View 990 |
| 2013 | $253K | $255K | $259K | $210K | — | View 990 |
| 2012 | $237K | $278K | $269K | $220K | — | View 990 |
| 2011 | $228K | $264K | $315K | $223K | — | View 990 |
| 2010 | $233K | $264K | $272K | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $410K, expenses of $404K, and assets of $405K (revenue +4.6% year-over-year).
- 2022: Revenue of $392K, expenses of $374K, and assets of $414K (revenue +6.6% year-over-year).
- 2021: Revenue of $368K, expenses of $364K, and assets of $393K (revenue +10.5% year-over-year).
- 2020: Revenue of $333K, expenses of $303K, and assets of $400K (revenue +8.3% year-over-year).
- 2019: Revenue of $307K, expenses of $330K, and assets of $265K (revenue -1.0% year-over-year).
- 2018: Revenue of $310K, expenses of $284K, and assets of $297K (revenue +0.9% year-over-year).
- 2017: Revenue of $308K, expenses of $277K, and assets of $289K (revenue -2.7% year-over-year).
- 2016: Revenue of $316K, expenses of $264K, and assets of $262K (revenue +20.8% year-over-year).
- 2015: Revenue of $262K, expenses of $260K, and assets of $234K (revenue +1.8% year-over-year).
- 2014: Revenue of $257K, expenses of $278K, and assets of $237K (revenue +1.6% year-over-year).
- 2013: Revenue of $253K, expenses of $255K, and assets of $259K (revenue +6.9% year-over-year).
- 2012: Revenue of $237K, expenses of $278K, and assets of $269K (revenue +3.7% year-over-year).
- 2011: Revenue of $228K, expenses of $264K, and assets of $315K (revenue -2.2% year-over-year).
- 2010: Revenue of $233K, expenses of $264K, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chelmsford Swimming & Tennis Club Inc:
Data Sources and Methodology
This transparency report for Chelmsford Swimming & Tennis Club 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.