Cumberland Hill Swimming Pool Association Llc
EIN: 264155093 · Lexington, KY · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $167K |
| Net Assets | $-39,301 |
Is Cumberland Hill Swimming Pool Association Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cumberland Hill Swimming Pool Association Llc
Cumberland Hill Swimming Pool Association Llc (EIN: 264155093) is a nonprofit organization based in Lexington, KY, classified under NTEE code N50. The organization reported total revenue of $164K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumberland Hill Swimming Pool Association Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cumberland Hill Swimming Pool Association Llc is a small nonprofit that has been operating for 2 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $167K |
| Surplus / Deficit | $-26,127 |
| Total Assets | $273K |
| Total Liabilities | $312K |
| Net Assets | $-39,301 |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 114.4% |
| Months of Reserves | 19.5 months |
Financial Health Grade: C
In 2023, Cumberland Hill Swimming Pool Association Llc reported a deficit of $26K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 114.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Cumberland Hill Swimming Pool Association Llc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -0.5% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cumberland Hill Swimming Pool Association Llc 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 Cumberland Hill Swimming Pool Association Llc 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 deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.4%.
Frequently Asked Questions about Cumberland Hill Swimming Pool Association Llc
Is Cumberland Hill Swimming Pool Association Llc a legitimate charity?
Cumberland Hill Swimming Pool Association Llc (EIN: 264155093) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. Total revenue: $164K. No red flags identified. Financial health grade: C.
How does Cumberland Hill Swimming Pool Association Llc spend its money?
Cumberland Hill Swimming Pool Association Llc reported $164K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cumberland Hill Swimming Pool Association Llc tax-deductible?
Cumberland Hill Swimming Pool Association Llc is registered as a tax-exempt nonprofit (EIN: 264155093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cumberland Hill Swimming Pool Association Llc located?
Cumberland Hill Swimming Pool Association Llc is headquartered in Lexington, Kentucky and files with the IRS under EIN 264155093. It is classified under NTEE code N50.
How many years of IRS 990 filings does Cumberland Hill Swimming Pool Association Llc have?
Cumberland Hill Swimming Pool Association Llc 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 $164K in total revenue.
Filing History
IRS 990 filing history for Cumberland Hill Swimming Pool Association Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Cumberland Hill Swimming Pool Association Llc's revenue has declined by 0.9%, moving from $143K to $141K. Total assets decreased by 4.4% over the same period, from $285K to $273K. Total functional expenses fell by 0.5%, from $168K to $167K. In its most recent filing year (2023), Cumberland Hill Swimming Pool Association Llc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $312K in liabilities against $273K in assets (debt-to-asset ratio: 114.4%), resulting in net assets of $-39,301.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $167K | $273K | $312K | — | — |
| 2022 | $143K | $168K | $285K | $298K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cumberland Hill Swimming Pool Association Llc:
Data Sources and Methodology
This transparency report for Cumberland Hill Swimming Pool Association Llc 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.