Friends Of Lake Swan Camp Inc
Friends Of Lake Swan Camp Inc shows consistent revenue growth and high program spending with no reported officer compensation.
EIN: 208168209 · Melrose, FL · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Program Spending | 89% |
| Net Assets | $1.9M |
| Transparency Score | 92/100 |
Is Friends Of Lake Swan Camp Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Lake Swan Camp Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Lake Swan Camp Inc
Friends Of Lake Swan Camp Inc (EIN: 208168209) is a nonprofit organization based in Melrose, FL, classified under NTEE code X11. The organization reported total revenue of $1.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Lake Swan Camp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Lake Swan Camp Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$281K |
| Total Assets | $1.9M |
| Total Liabilities | $33K |
| Net Assets | $1.9M |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2023, Friends Of Lake Swan Camp Inc reported a surplus of $281K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Lake Swan Camp Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.6% | +27.4% | +15.3% |
| 2022 | +21.0% | +31.4% | +13.1% |
| 2021 | +60.3% | +26.4% | +9.8% |
| 2020 | -44.3% | -34.1% | +1.9% |
| 2019 | -3.0% | +97.5% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Friends Of Lake Swan Camp Inc with a Mission Score of 92 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: 8%
- programs: 89%
- fundraising: 3%
According to IRS 990 filings, Friends Of Lake Swan Camp Inc allocates its expenses as follows: admin: 8%, programs: 89%, fundraising: 3%. With 89% 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 $281K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is a positive indicator 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.
Strengths
The following positive indicators were identified for Friends Of Lake Swan Camp Inc:
- High program spending ratio (89% in 2023)
- Consistent revenue growth (from $534,927 in 2020 to $1,406,466 in 2023)
- No reported officer compensation across all filings
- Steady asset growth and low liabilities
- Consistent IRS 990 filing history (13 filings)
Frequently Asked Questions about Friends Of Lake Swan Camp Inc
Is Friends Of Lake Swan Camp Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Lake Swan Camp Inc (EIN: 208168209) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Lake Swan Camp Inc spend its money?
Friends Of Lake Swan Camp Inc directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Lake Swan Camp Inc tax-deductible?
Friends Of Lake Swan Camp Inc is registered as a tax-exempt nonprofit (EIN: 208168209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Lake Swan Camp Inc's spending goes to programs?
Friends Of Lake Swan Camp Inc directs 89% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Lake Swan Camp Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of Lake Swan Camp Inc is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Lake Swan Camp Inc located?
Friends Of Lake Swan Camp Inc is headquartered in Melrose, Florida and files with the IRS under EIN 208168209. It is classified under NTEE code X11.
How many years of IRS 990 filings does Friends Of Lake Swan Camp Inc have?
Friends Of Lake Swan Camp 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 $1.3M in total revenue.
Is Friends Of Lake Swan Camp Inc a good charity?
Based on the financial data, Friends Of Lake Swan Camp Inc appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (89% in 2023), has growing revenues and assets, and reports no officer compensation, all of which are positive indicators of efficiency and donor trust.
How has the organization's revenue trended over the past few years?
Friends Of Lake Swan Camp Inc has shown strong revenue growth, increasing from $534,927 in 2020 to $1,406,466 in 2023, demonstrating increasing support and financial stability.
What is the organization's financial health based on its assets and liabilities?
The organization's financial health is strong, with assets growing from $1,354,263 in 2020 to $1,938,606 in 2023, while liabilities remain relatively low (e.g., $33,203 in 2023), indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Friends Of Lake Swan Camp Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Lake Swan Camp Inc's revenue has grown by 161.6%, moving from $538K to $1.4M. Total assets increased by 850.6% over the same period, from $204K to $1.9M. Total functional expenses rose by 115.1%, from $523K to $1.1M. In its most recent filing year (2023), Friends Of Lake Swan Camp Inc reported a surplus of $281K, with revenue exceeding expenses. The organization holds $33K in liabilities against $1.9M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $1.9M | $33K | — | — |
| 2022 | $1.0M | $884K | $1.7M | $56K | — | — |
| 2021 | $857K | $672K | $1.5M | $15K | — | View 990 |
| 2020 | $535K | $532K | $1.4M | $68K | — | — |
| 2019 | $961K | $807K | $1.3M | $36K | — | View 990 |
| 2018 | $991K | $409K | $1.3M | $120K | — | View 990 |
| 2017 | $1.0M | $897K | $1.0M | $76K | — | View 990 |
| 2016 | $963K | $814K | $901K | $70K | — | View 990 |
| 2015 | $884K | $792K | $783K | $101K | — | View 990 |
| 2014 | $761K | $660K | $630K | $40K | — | View 990 |
| 2013 | $794K | $551K | $542K | $53K | — | View 990 |
| 2012 | $601K | $523K | $285K | $39K | — | View 990 |
| 2011 | $538K | $523K | $204K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $1.9M (revenue +35.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $884K, and assets of $1.7M (revenue +21.0% year-over-year).
- 2021: Revenue of $857K, expenses of $672K, and assets of $1.5M (revenue +60.3% year-over-year).
- 2020: Revenue of $535K, expenses of $532K, and assets of $1.4M (revenue -44.3% year-over-year).
- 2019: Revenue of $961K, expenses of $807K, and assets of $1.3M (revenue -3.0% year-over-year).
- 2018: Revenue of $991K, expenses of $409K, and assets of $1.3M (revenue -3.7% year-over-year).
- 2017: Revenue of $1.0M, expenses of $897K, and assets of $1.0M (revenue +6.9% year-over-year).
- 2016: Revenue of $963K, expenses of $814K, and assets of $901K (revenue +8.9% year-over-year).
- 2015: Revenue of $884K, expenses of $792K, and assets of $783K (revenue +16.1% year-over-year).
- 2014: Revenue of $761K, expenses of $660K, and assets of $630K (revenue -4.1% year-over-year).
- 2013: Revenue of $794K, expenses of $551K, and assets of $542K (revenue +32.0% year-over-year).
- 2012: Revenue of $601K, expenses of $523K, and assets of $285K (revenue +11.8% year-over-year).
- 2011: Revenue of $538K, expenses of $523K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Lake Swan Camp Inc:
Data Sources and Methodology
This transparency report for Friends Of Lake Swan Camp 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.