Fairfield Crest Swim Club
EIN: 510104626 · Newark, DE
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $90K |
| Net Assets | $40K |
Is Fairfield Crest Swim Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairfield Crest Swim Club
Fairfield Crest Swim Club (EIN: 510104626) is a nonprofit organization based in Newark, DE. The organization reported total revenue of $103K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfield Crest Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfield Crest Swim Club is a small nonprofit that has been operating for 59 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $90K |
| Surplus / Deficit | $-19,227 |
| Total Assets | $40K |
| Total Liabilities | $108 |
| Net Assets | $40K |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Fairfield Crest Swim Club reported a deficit of $19K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Fairfield Crest Swim Club's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.0% | +12.8% | -32.7% |
| 2022 | -8.1% | -8.4% | +17.6% |
| 2021 | +40.0% | +46.7% | +22.5% |
| 2020 | -25.0% | -31.2% | +29.8% |
| 2019 | +20.8% | +27.0% | +20.4% |
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 Fairfield Crest Swim Club 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 Fairfield Crest Swim Club 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Fairfield Crest Swim Club
Is Fairfield Crest Swim Club a legitimate charity?
Fairfield Crest Swim Club (EIN: 510104626) is a registered tax-exempt nonprofit based in Delaware. It has 12 years of IRS 990 filings on record. Total revenue: $103K. No red flags identified. Financial health grade: B.
How does Fairfield Crest Swim Club spend its money?
Fairfield Crest Swim Club reported $103K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairfield Crest Swim Club tax-deductible?
Fairfield Crest Swim Club is registered as a tax-exempt nonprofit (EIN: 510104626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairfield Crest Swim Club located?
Fairfield Crest Swim Club is headquartered in Newark, Delaware and files with the IRS under EIN 510104626.
How many years of IRS 990 filings does Fairfield Crest Swim Club have?
Fairfield Crest 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 $103K in total revenue.
Filing History
IRS 990 filing history for Fairfield Crest Swim Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fairfield Crest Swim Club's revenue has declined by 0.7%, moving from $71K to $71K. Total assets increased by 215.9% over the same period, from $13K to $40K. Total functional expenses rose by 24.2%, from $72K to $90K. In its most recent filing year (2023), Fairfield Crest Swim Club reported a deficit of $19K, with expenses exceeding revenue. The organization holds $108 in liabilities against $40K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $90K | $40K | $108 | — | — |
| 2022 | $88K | $80K | $59K | $188 | — | View 990 |
| 2021 | $96K | $87K | $50K | $11 | — | — |
| 2020 | $69K | $59K | $41K | $0 | — | View 990 |
| 2019 | $92K | $86K | $32K | $0 | — | View 990 |
| 2018 | $76K | $68K | $26K | $0 | — | View 990 |
| 2017 | $77K | $75K | $20K | $0 | — | View 990 |
| 2016 | $67K | $67K | $18K | $0 | — | View 990 |
| 2015 | $64K | $66K | $13K | $0 | — | View 990 |
| 2014 | $75K | $88K | $16K | $0 | — | View 990 |
| 2013 | $78K | $72K | $19K | $0 | — | View 990 |
| 2011 | $71K | $72K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $90K, and assets of $40K (revenue -20.0% year-over-year).
- 2022: Revenue of $88K, expenses of $80K, and assets of $59K (revenue -8.1% year-over-year).
- 2021: Revenue of $96K, expenses of $87K, and assets of $50K (revenue +40.0% year-over-year).
- 2020: Revenue of $69K, expenses of $59K, and assets of $41K (revenue -25.0% year-over-year).
- 2019: Revenue of $92K, expenses of $86K, and assets of $32K (revenue +20.8% year-over-year).
- 2018: Revenue of $76K, expenses of $68K, and assets of $26K (revenue -1.3% year-over-year).
- 2017: Revenue of $77K, expenses of $75K, and assets of $20K (revenue +15.3% year-over-year).
- 2016: Revenue of $67K, expenses of $67K, and assets of $18K (revenue +4.6% year-over-year).
- 2015: Revenue of $64K, expenses of $66K, and assets of $13K (revenue -14.8% year-over-year).
- 2014: Revenue of $75K, expenses of $88K, and assets of $16K (revenue -4.6% year-over-year).
- 2013: Revenue of $78K, expenses of $72K, and assets of $19K (revenue +10.0% year-over-year).
- 2011: Revenue of $71K, expenses of $72K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfield Crest Swim Club:
Data Sources and Methodology
This transparency report for Fairfield Crest 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.