Frog Hollow Swim And Tennis Club
Frog Hollow Swim And Tennis Club: Declining Revenue and Asset Trends
EIN: 221696867 · South Amboy, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $372K |
| Total Expenses | $420K |
| Program Spending | 70% |
| Net Assets | $220K |
| Transparency Score | 45/100 |
Is Frog Hollow Swim And Tennis Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frog Hollow Swim And Tennis Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Frog Hollow Swim And Tennis Club
Frog Hollow Swim And Tennis Club (EIN: 221696867) is a nonprofit organization based in South Amboy, NJ. The organization reported total revenue of $372K and total assets of $692K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frog Hollow Swim And Tennis Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frog Hollow Swim And Tennis Club is a small nonprofit that has been operating for 61 years, with 6 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $372K |
| Total Expenses | $420K |
| Surplus / Deficit | $-47,912 |
| Total Assets | $692K |
| Total Liabilities | $472K |
| Net Assets | $220K |
| Operating Margin | -12.9% |
| Debt-to-Asset Ratio | 68.2% |
| Months of Reserves | 19.8 months |
Financial Health Grade: C
In 2017, Frog Hollow Swim And Tennis Club reported a deficit of $48K with expenses exceeding revenue, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 68.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2017), Frog Hollow Swim And Tennis Club's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +0.0% | +0.6% | -6.6% |
| 2016 | +24.5% | +24.9% | -10.8% |
| 2014 | -9.8% | +1.2% | -3.0% |
| 2013 | +27.0% | +30.8% | +10.8% |
| 2012 | +9.8% | +13.1% | +11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Frog Hollow Swim And Tennis Club with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Frog Hollow Swim And Tennis Club allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which may indicate a volunteer-run organization or that compensation is not disclosed in a standard manner.
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 Frog Hollow Swim And Tennis Club's IRS 990 filings:
- Consistent decline in total revenue over the past several years, from $371,600 in 2017 to $237,064 in 2011.
- Significant decrease in total assets from $856,291 in 2013 to $692,342 in 2017.
- The 'c0%' reported for compensation across all years raises questions about how leadership is compensated or if it's entirely volunteer-based.
- Expenses consistently exceed revenue in multiple years (e.g., 2017: revenue $371,600, expenses $419,512; 2016: revenue $371,512, expenses $416,887).
Strengths
The following positive indicators were identified for Frog Hollow Swim And Tennis Club:
- Maintains a substantial asset base relative to its revenue, with $692,342 in assets against $371,600 in revenue in 2017.
- Consistent operation over several years, indicating a stable presence in the community despite financial fluctuations.
Frequently Asked Questions about Frog Hollow Swim And Tennis Club
Is Frog Hollow Swim And Tennis Club a legitimate charity?
Frog Hollow Swim And Tennis Club (EIN: 221696867) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. Total revenue: $372K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Frog Hollow Swim And Tennis Club spend its money?
Frog Hollow Swim And Tennis Club directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Frog Hollow Swim And Tennis Club tax-deductible?
Frog Hollow Swim And Tennis Club is registered as a tax-exempt nonprofit (EIN: 221696867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Frog Hollow Swim And Tennis Club's spending goes to programs?
Frog Hollow Swim And Tennis Club directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Frog Hollow Swim And Tennis Club located?
Frog Hollow Swim And Tennis Club is headquartered in South Amboy, New Jersey and files with the IRS under EIN 221696867.
How many years of IRS 990 filings does Frog Hollow Swim And Tennis Club have?
Frog Hollow Swim And Tennis Club has 6 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 $372K in total revenue.
What does Frog Hollow Swim And Tennis Club do?
Frog Hollow Swim And Tennis Club is a nonprofit organization in the Unknown sector, located in South Amboy, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Frog Hollow Swim And Tennis Club have?
Frog Hollow Swim And Tennis Club reported total revenue of $371,600. Based on 6 IRS 990 filings on record.
What are Frog Hollow Swim And Tennis Club's total assets?
Frog Hollow Swim And Tennis Club holds total assets of $692,342 as reported in IRS 990 filings.
Where is Frog Hollow Swim And Tennis Club located?
Frog Hollow Swim And Tennis Club is based in South Amboy, New Jersey.
What is Frog Hollow Swim And Tennis Club's EIN?
Frog Hollow Swim And Tennis Club's Employer Identification Number (EIN) is 221696867. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Frog Hollow Swim And Tennis Club?
Frog Hollow Swim And Tennis Club is classified under NTEE code Unknown (Unknown).
Is Frog Hollow Swim And Tennis Club a registered 501(c)(3)?
Frog Hollow Swim And Tennis Club appears in IRS records (EIN: 221696867). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Frog Hollow Swim And Tennis Club file IRS Form 990?
Yes, Frog Hollow Swim And Tennis Club has 6 IRS Form 990 filings on record. The most recent covers tax period 201712.
What was Frog Hollow Swim And Tennis Club's revenue in 2017?
In the 201712 filing period, Frog Hollow Swim And Tennis Club reported total revenue of $371,600, total expenses of $419,512, and net assets of $692,342.
Is Frog Hollow Swim And Tennis Club's revenue growing or declining?
Frog Hollow Swim And Tennis Club's revenue is relatively stable. Revenue went from $371,512 (201612) to $371,600 (201712), a 0.0% change. Based on 6 filings on record.
What is Frog Hollow Swim And Tennis Club's most recent 990 filing?
The most recent IRS Form 990 filing for Frog Hollow Swim And Tennis Club covers tax period 201712. It shows revenue of $371,600, expenses of $419,512, total assets of $692,342, and liabilities of $472,000.
How much does Frog Hollow Swim And Tennis Club spend on programs vs administration?
Based on IRS 990 analysis, Frog Hollow Swim And Tennis Club allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Frog Hollow Swim And Tennis Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Frog Hollow Swim And Tennis Club shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 2 strengths noted.
What are the red flags for Frog Hollow Swim And Tennis Club?
The following concerns were identified: Consistent decline in total revenue over the past several years, from $371,600 in 2017 to $237,064 in 2011.. Significant decrease in total assets from $856,291 in 2013 to $692,342 in 2017.. The 'c0%' reported for compensation across all years raises questions about how leadership is compensated or if it's entirely volunteer-based.. Expenses consistently exceed revenue in multiple years (e.g., 2017: revenue $371,600, expenses $419,512; 2016: revenue $371,512, expenses $416,887).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Frog Hollow Swim And Tennis Club's strengths?
Positive indicators for Frog Hollow Swim And Tennis Club include: Maintains a substantial asset base relative to its revenue, with $692,342 in assets against $371,600 in revenue in 2017.. Consistent operation over several years, indicating a stable presence in the community despite financial fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Frog Hollow Swim And Tennis Club compensate executives?
Executive compensation is reported as 0% across all available filings, which may indicate a volunteer-run organization or that compensation is not disclosed in a standard manner. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in revenue and assets, and what strategies are in place to reverse these trends?
The provided data does not specify the reasons for the decline, but it's a critical area for further investigation to understand operational challenges or market shifts affecting the club.
Given the reported 0% compensation, how does the organization sustain its leadership and operational management?
This suggests a strong reliance on volunteer efforts or that compensation is handled through non-traditional means not captured in the 'c' field, which warrants clarification for transparency.
Filing History
IRS 990 filing history for Frog Hollow Swim And Tennis Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2017), Frog Hollow Swim And Tennis Club's revenue has grown by 56.8%, moving from $237K to $372K. Total assets decreased by 0.2% over the same period, from $694K to $692K. Total functional expenses rose by 88.3%, from $223K to $420K. In its most recent filing year (2017), Frog Hollow Swim And Tennis Club reported a deficit of $48K, with expenses exceeding revenue. The organization holds $472K in liabilities against $692K in assets (debt-to-asset ratio: 68.2%), resulting in net assets of $220K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $372K | $420K | $692K | $472K | — | View 990 |
| 2016 | $372K | $417K | $741K | $473K | — | View 990 |
| 2014 | $298K | $334K | $830K | $627K | — | View 990 |
| 2013 | $331K | $330K | $856K | $617K | — | View 990 |
| 2012 | $260K | $252K | $773K | $535K | — | View 990 |
| 2011 | $237K | $223K | $694K | $464K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $372K, expenses of $420K, and assets of $692K (revenue +0.0% year-over-year).
- 2016: Revenue of $372K, expenses of $417K, and assets of $741K (revenue +24.5% year-over-year).
- 2014: Revenue of $298K, expenses of $334K, and assets of $830K (revenue -9.8% year-over-year).
- 2013: Revenue of $331K, expenses of $330K, and assets of $856K (revenue +27.0% year-over-year).
- 2012: Revenue of $260K, expenses of $252K, and assets of $773K (revenue +9.8% year-over-year).
- 2011: Revenue of $237K, expenses of $223K, and assets of $694K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frog Hollow Swim And Tennis Club:
Data Sources and Methodology
This transparency report for Frog Hollow Swim And Tennis 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.