Erlton Swim Club Inc
Erlton Swim Club Inc: Stable Finances, High Program Spending, but Limited Transparency
EIN: 221809767 · Cherry Hill, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $372K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $600K |
| Transparency Score | 75/100 |
Is Erlton Swim Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Erlton Swim Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Erlton Swim Club Inc
Erlton Swim Club Inc (EIN: 221809767) is a nonprofit organization based in Cherry Hill, NJ. The organization reported total revenue of $389K and total assets of $676K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erlton Swim Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erlton Swim Club Inc is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $376K |
| Total Expenses | $372K |
| Surplus / Deficit | +$5K |
| Total Assets | $696K |
| Total Liabilities | $95K |
| Net Assets | $600K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Erlton Swim Club Inc reported a surplus of $5K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Erlton Swim Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | -14.8% | -1.1% |
| 2022 | -2.0% | +32.1% | +4.9% |
| 2021 | +53.4% | +47.4% | -0.8% |
| 2020 | -19.8% | -3.3% | +5.7% |
| 2019 | +6.8% | -8.1% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Erlton Swim Club Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Erlton Swim Club Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.7%.
Executive Compensation Analysis
Erlton Swim Club Inc consistently reports $0 in compensation for all officers, directors, trustees, key employees, and highest compensated employees, suggesting a volunteer-led or very low-cost operational structure.
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 Erlton Swim Club Inc's IRS 990 filings:
- Lack of narrative program descriptions in Form 990s makes it difficult to assess specific impact.
- No public disclosure of executive compensation details beyond the $0 reported, which could indicate a lack of transparency if significant indirect benefits exist.
Strengths
The following positive indicators were identified for Erlton Swim Club Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $371,514 vs. revenue of $376,391).
- Stable revenue and asset base over several years, indicating financial resilience.
- Low administrative and fundraising costs, maximizing resources for direct services.
- Consistent positive net assets, demonstrating sound financial management.
Frequently Asked Questions about Erlton Swim Club Inc
Is Erlton Swim Club Inc a legitimate charity?
Erlton Swim Club Inc (EIN: 221809767) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $389K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Erlton Swim Club Inc spend its money?
Erlton Swim Club Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Erlton Swim Club Inc tax-deductible?
Erlton Swim Club Inc is registered as a tax-exempt nonprofit (EIN: 221809767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Erlton Swim Club Inc CEO make?
Erlton Swim Club Inc's highest-compensated officer earns $0 annually. The organization reported $389K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Erlton Swim Club Inc's spending goes to programs?
Erlton Swim Club Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Erlton Swim Club Inc located?
Erlton Swim Club Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 221809767.
How many years of IRS 990 filings does Erlton Swim Club Inc have?
Erlton Swim Club Inc has 13 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 $389K in total revenue.
What does Erlton Swim Club Inc do?
Erlton Swim Club Inc is a nonprofit organization in the Unknown sector, located in Cherry Hill, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Erlton Swim Club Inc have?
Erlton Swim Club Inc reported total revenue of $388,984. Based on 13 IRS 990 filings on record.
What are Erlton Swim Club Inc's total assets?
Erlton Swim Club Inc holds total assets of $675,544 as reported in IRS 990 filings.
Where is Erlton Swim Club Inc located?
Erlton Swim Club Inc is based in Cherry Hill, New Jersey.
What is Erlton Swim Club Inc's EIN?
Erlton Swim Club Inc's Employer Identification Number (EIN) is 221809767. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Erlton Swim Club Inc?
Erlton Swim Club Inc is classified under NTEE code Unknown (Unknown).
Is Erlton Swim Club Inc a registered 501(c)(3)?
Erlton Swim Club Inc appears in IRS records (EIN: 221809767). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Erlton Swim Club Inc file IRS Form 990?
Yes, Erlton Swim Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Erlton Swim Club Inc's revenue in 2023?
In the 202309 filing period, Erlton Swim Club Inc reported total revenue of $376,391, total expenses of $371,514, and net assets of $695,702.
Is Erlton Swim Club Inc's revenue growing or declining?
Erlton Swim Club Inc's revenue is relatively stable. Revenue went from $362,718 (202209) to $376,391 (202309), a +3.8% change. Based on 13 filings on record.
What is Erlton Swim Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Erlton Swim Club Inc covers tax period 202309. It shows revenue of $376,391, expenses of $371,514, total assets of $695,702, and liabilities of $95,260.
How much does Erlton Swim Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Erlton Swim Club Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Erlton Swim Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Erlton Swim Club Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Erlton Swim Club Inc?
The following concerns were identified: Lack of narrative program descriptions in Form 990s makes it difficult to assess specific impact.. No public disclosure of executive compensation details beyond the $0 reported, which could indicate a lack of transparency if significant indirect benefits exist.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Erlton Swim Club Inc's strengths?
Positive indicators for Erlton Swim Club Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $371,514 vs. revenue of $376,391).. Stable revenue and asset base over several years, indicating financial resilience.. Low administrative and fundraising costs, maximizing resources for direct services.. Consistent positive net assets, demonstrating sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Erlton Swim Club Inc compensate executives?
Erlton Swim Club Inc consistently reports $0 in compensation for all officers, directors, trustees, key employees, and highest compensated employees, suggesting a volunteer-led or very low-cost operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all compensation, how does Erlton Swim Club Inc manage its operations and leadership, and what are the potential implications for long-term sustainability and governance?
The consistent $0 compensation suggests a volunteer-driven model, which can be highly efficient in terms of resource allocation to programs. However, it raises questions about the sustainability of leadership, potential for burnout, and the depth of professional expertise available for complex operational or strategic challenges. It also implies a strong community commitment to the club's mission.
With a significant portion of expenses allocated to programs, what specific activities or services constitute these 'programs' for a swim club, and how are their outcomes measured or reported?
For a swim club, 'programs' likely encompass pool maintenance, lifeguard salaries, swim lesson instructors, competitive team coaching, and facility utilities. Without narrative descriptions, it's unclear how the club measures the success of these programs, such as member satisfaction, swim skill improvement, or community engagement, beyond simply providing access to facilities.
Filing History
IRS 990 filing history for Erlton Swim Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Erlton Swim Club Inc's revenue has grown by 31.4%, moving from $286K to $376K. Total assets increased by 72.2% over the same period, from $404K to $696K. Total functional expenses rose by 40.7%, from $264K to $372K. In its most recent filing year (2023), Erlton Swim Club Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $95K in liabilities against $696K in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $600K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $376K | $372K | $696K | $95K | — | View 990 |
| 2022 | $363K | $436K | $704K | $108K | — | View 990 |
| 2021 | $370K | $330K | $671K | $120K | — | View 990 |
| 2020 | $241K | $224K | $676K | $165K | — | View 990 |
| 2019 | $301K | $231K | $640K | $146K | — | View 990 |
| 2018 | $282K | $252K | $594K | $154K | — | View 990 |
| 2017 | $287K | $274K | $579K | $168K | — | View 990 |
| 2016 | $275K | $239K | $576K | $178K | — | View 990 |
| 2015 | $273K | $314K | $550K | $187K | — | View 990 |
| 2014 | $255K | $258K | $600K | $197K | — | View 990 |
| 2013 | $235K | $222K | $405K | $187 | — | — |
| 2012 | $235K | $235K | $392K | $27 | — | View 990 |
| 2011 | $286K | $264K | $404K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $376K, expenses of $372K, and assets of $696K (revenue +3.8% year-over-year).
- 2022: Revenue of $363K, expenses of $436K, and assets of $704K (revenue -2.0% year-over-year).
- 2021: Revenue of $370K, expenses of $330K, and assets of $671K (revenue +53.4% year-over-year).
- 2020: Revenue of $241K, expenses of $224K, and assets of $676K (revenue -19.8% year-over-year).
- 2019: Revenue of $301K, expenses of $231K, and assets of $640K (revenue +6.8% year-over-year).
- 2018: Revenue of $282K, expenses of $252K, and assets of $594K (revenue -1.8% year-over-year).
- 2017: Revenue of $287K, expenses of $274K, and assets of $579K (revenue +4.2% year-over-year).
- 2016: Revenue of $275K, expenses of $239K, and assets of $576K (revenue +0.8% year-over-year).
- 2015: Revenue of $273K, expenses of $314K, and assets of $550K (revenue +6.9% year-over-year).
- 2014: Revenue of $255K, expenses of $258K, and assets of $600K (revenue +8.6% year-over-year).
- 2013: Revenue of $235K, expenses of $222K, and assets of $405K (revenue +-0.0% year-over-year).
- 2012: Revenue of $235K, expenses of $235K, and assets of $392K (revenue -17.8% year-over-year).
- 2011: Revenue of $286K, expenses of $264K, and assets of $404K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erlton Swim Club Inc:
Data Sources and Methodology
This transparency report for Erlton Swim 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.