Cherry Valley Swim Club
Cherry Valley Swim Club maintains stable operations with growing assets, despite occasional annual deficits.
EIN: 210723446 · Cherry Hill, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $265K |
| Program Spending | 85% |
| Net Assets | $337K |
| Transparency Score | 80/100 |
Is Cherry Valley Swim Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cherry Valley Swim Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cherry Valley Swim Club
Cherry Valley Swim Club (EIN: 210723446) is a nonprofit organization based in Cherry Hill, NJ. The organization reported total revenue of $252K and total assets of $365K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cherry Valley Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cherry Valley Swim Club is a small nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $237K |
| Total Expenses | $265K |
| Surplus / Deficit | $-28,300 |
| Total Assets | $365K |
| Total Liabilities | $27K |
| Net Assets | $337K |
| Operating Margin | -11.9% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2022, Cherry Valley Swim Club reported a deficit of $28K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Cherry Valley Swim Club's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.4% | +45.7% | -2.0% |
| 2021 | +15.2% | +1.1% | +11.5% |
| 2020 | -18.0% | -6.7% | -1.6% |
| 2019 | +9.7% | -0.1% | +4.9% |
| 2018 | -11.0% | +9.8% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cherry Valley Swim Club with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cherry Valley Swim Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
Cherry Valley Swim Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cherry Valley Swim Club's IRS 990 filings:
- Occasional annual deficits, such as $28,300 in 202210 (Expenses $265,222 > Revenue $236,922).
Strengths
The following positive indicators were identified for Cherry Valley Swim Club:
- Consistent asset growth from $219,900 in 201510 to $364,602 in 202210.
- Zero reported officer compensation across all filings, indicating efficient use of funds for mission.
- Long history of IRS 990 filings (12 filings), demonstrating transparency and consistent reporting.
Frequently Asked Questions about Cherry Valley Swim Club
Is Cherry Valley Swim Club a legitimate charity?
Cherry Valley Swim Club (EIN: 210723446) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 12 years of IRS 990 filings on record. Total revenue: $252K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Cherry Valley Swim Club spend its money?
Cherry Valley Swim Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cherry Valley Swim Club tax-deductible?
Cherry Valley Swim Club is registered as a tax-exempt nonprofit (EIN: 210723446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cherry Valley Swim Club's spending goes to programs?
Cherry Valley Swim Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cherry Valley Swim Club located?
Cherry Valley Swim Club is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 210723446.
How many years of IRS 990 filings does Cherry Valley Swim Club have?
Cherry Valley Swim Club has 12 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 $252K in total revenue.
Is Cherry Valley Swim Club financially stable?
Yes, despite a deficit in 202210 ($236,922 revenue vs. $265,222 expenses), the club has shown consistent revenue generation and steady asset growth from $219,900 in 201510 to $364,602 in 202210, indicating overall financial stability.
How does Cherry Valley Swim Club manage executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-led board or that executive roles are not compensated through traditional officer salaries.
Has the organization's financial health improved over time?
Yes, the organization's assets have grown significantly from $219,900 in 201510 to $364,602 in 202210, indicating an improvement in its overall financial health and capacity.
Filing History
IRS 990 filing history for Cherry Valley Swim Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Cherry Valley Swim Club's revenue has grown by 55.1%, moving from $153K to $237K. Total assets increased by 43.6% over the same period, from $254K to $365K. Total functional expenses rose by 106.5%, from $128K to $265K. In its most recent filing year (2022), Cherry Valley Swim Club reported a deficit of $28K, with expenses exceeding revenue. The organization holds $27K in liabilities against $365K in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $337K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $237K | $265K | $365K | $27K | — | — |
| 2021 | $202K | $182K | $372K | $15K | — | View 990 |
| 2020 | $175K | $180K | $334K | $3K | — | — |
| 2019 | $214K | $193K | $339K | $315 | — | — |
| 2018 | $195K | $193K | $323K | $183 | — | View 990 |
| 2017 | $219K | $176K | $311K | $99 | — | — |
| 2016 | $177K | $155K | $256K | $0 | — | View 990 |
| 2015 | $143K | $143K | $220K | $11K | — | View 990 |
| 2014 | $136K | $131K | $227K | $29K | — | View 990 |
| 2013 | $138K | $152K | $236K | $45K | — | View 990 |
| 2012 | $138K | $121K | $257K | $60K | — | View 990 |
| 2011 | $153K | $128K | $254K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $237K, expenses of $265K, and assets of $365K (revenue +17.4% year-over-year).
- 2021: Revenue of $202K, expenses of $182K, and assets of $372K (revenue +15.2% year-over-year).
- 2020: Revenue of $175K, expenses of $180K, and assets of $334K (revenue -18.0% year-over-year).
- 2019: Revenue of $214K, expenses of $193K, and assets of $339K (revenue +9.7% year-over-year).
- 2018: Revenue of $195K, expenses of $193K, and assets of $323K (revenue -11.0% year-over-year).
- 2017: Revenue of $219K, expenses of $176K, and assets of $311K (revenue +23.4% year-over-year).
- 2016: Revenue of $177K, expenses of $155K, and assets of $256K (revenue +23.9% year-over-year).
- 2015: Revenue of $143K, expenses of $143K, and assets of $220K (revenue +5.0% year-over-year).
- 2014: Revenue of $136K, expenses of $131K, and assets of $227K (revenue -1.3% year-over-year).
- 2013: Revenue of $138K, expenses of $152K, and assets of $236K (revenue -0.1% year-over-year).
- 2012: Revenue of $138K, expenses of $121K, and assets of $257K (revenue -9.5% year-over-year).
- 2011: Revenue of $153K, expenses of $128K, and assets of $254K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cherry Valley Swim Club:
Data Sources and Methodology
This transparency report for Cherry Valley Swim Club 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.