Haddon Glen Swimming Club Inc

Haddon Glen Swimming Club Inc. maintains stable finances with no reported executive compensation.

EIN: 210728358 · Haddon Hgts, NJ · Updated: 2026-03-28

$451KRevenue
$479KAssets
85/100Mission Score (Excellent)
Haddon Glen Swimming Club Inc Financial Summary
MetricValue
Total Revenue$451K
Total Expenses$386K
Program Spending90%
CEO/Top Officer Pay$400,000
Net Assets$273K
Transparency Score85/100

Is Haddon Glen Swimming Club Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Haddon Glen Swimming Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Haddon Glen Swimming Club Inc

Haddon Glen Swimming Club Inc (EIN: 210728358) is a nonprofit organization based in Haddon Hgts, NJ. The organization reported total revenue of $451K and total assets of $479K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haddon Glen Swimming Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

65Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Haddon Glen Swimming Club Inc is a small nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$403K
Total Expenses$386K
Surplus / Deficit+$17K
Total Assets$401K
Total Liabilities$127K
Net Assets$273K
Operating Margin4.1%
Debt-to-Asset Ratio31.8%
Months of Reserves12.5 months

Financial Health Grade: A

In 2023, Haddon Glen Swimming Club Inc reported a surplus of $17K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Haddon Glen Swimming Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-18.5%-9.0%+2.6%
2022+51.5%+52.3%-16.6%
2021+70.2%+53.8%+32.5%
2020-32.3%-39.4%+106.0%
2019-5.0%-3.8%-8.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1961

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Haddon Glen Swimming Club Inc. demonstrates generally stable financial health, with revenues consistently exceeding expenses in recent years, leading to asset growth. For example, in 2023, revenue was $402,571 against expenses of $385,886, resulting in a surplus. The organization's assets have shown an upward trend, reaching $400,876 in 2023, indicating a healthy financial position. However, the NTEE code is unknown, which can sometimes hinder a full understanding of its specific programmatic focus and comparative efficiency within its sector. The absence of officer compensation reported across all filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for efficiency. The spending efficiency appears strong, primarily due to the reported 0% officer compensation, implying that a very high proportion of funds are likely directed towards operational costs related to the swimming club's activities rather than executive salaries. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the lack of executive pay suggests a lean operational model. Transparency is good in terms of consistent annual filings, but the unknown NTEE code and lack of detailed expense categorization in the provided data limit a deeper analysis of programmatic spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Haddon Glen Swimming Club Inc with a Mission Score of 85 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Haddon Glen Swimming Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:

$403KTotal Revenue
$386KTotal Expenses
$401KTotal Assets
$127KTotal Liabilities
$273KNet Assets
  • The organization reported a surplus of $17K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 31.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $400,000 annually.

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 Haddon Glen Swimming Club Inc's IRS 990 filings:

  • NTEE Code Unknown
  • Lack of detailed expense breakdown in provided data

Strengths

The following positive indicators were identified for Haddon Glen Swimming Club Inc:

  • Consistent revenue exceeding expenses in recent years
  • 0% officer compensation reported across all filings
  • Growing asset base, from $219,837 in 2014 to $400,876 in 2023
  • Regular IRS 990 filing history (13 filings)

Frequently Asked Questions about Haddon Glen Swimming Club Inc

Is Haddon Glen Swimming Club Inc a legitimate charity?

Haddon Glen Swimming Club Inc (EIN: 210728358) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $451K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Haddon Glen Swimming Club Inc spend its money?

Haddon Glen Swimming Club Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Haddon Glen Swimming Club Inc tax-deductible?

Haddon Glen Swimming Club Inc is registered as a tax-exempt nonprofit (EIN: 210728358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Haddon Glen Swimming Club Inc CEO make?

Haddon Glen Swimming Club Inc's highest-compensated officer earns $400,000 annually. The organization reported $451K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Haddon Glen Swimming Club Inc located?

Haddon Glen Swimming Club Inc is headquartered in Haddon Hgts, New Jersey and files with the IRS under EIN 210728358.

How many years of IRS 990 filings does Haddon Glen Swimming Club Inc have?

Haddon Glen Swimming 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 $451K in total revenue.

What is the specific NTEE code for Haddon Glen Swimming Club Inc.?

The NTEE code for Haddon Glen Swimming Club Inc. is currently unknown based on the provided data, which limits a precise understanding of its classification within the nonprofit sector.

How does Haddon Glen Swimming Club Inc. manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization is likely run by volunteers or that compensation for leadership roles is structured in a way that it is not reported as 'officer compensation' on the 990 forms, indicating a highly lean administrative model.

What are the primary program services provided by Haddon Glen Swimming Club Inc.?

Based on its name, Haddon Glen Swimming Club Inc. likely provides recreational swimming facilities and related activities to its members or community. The provided data does not offer a detailed breakdown of specific program services.

Has the organization experienced significant financial fluctuations over the past decade?

While there are year-to-year variations, the organization has shown a general trend of increasing revenue and assets since 2014, with revenues growing from $206,055 in 2014 to $402,571 in 2023, indicating overall financial growth and stability.

Filing History

IRS 990 filing history for Haddon Glen Swimming Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Haddon Glen Swimming Club Inc's revenue has grown by 83.1%, moving from $220K to $403K. Total assets increased by 154.6% over the same period, from $157K to $401K. Total functional expenses rose by 111.8%, from $182K to $386K. In its most recent filing year (2023), Haddon Glen Swimming Club Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $127K in liabilities against $401K in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $273K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $403K $386K $401K $127K View 990
2022 $494K $424K $391K $134K View 990
2021 $326K $278K $469K $238K View 990
2020 $192K $181K $354K $171K
2019 $283K $299K $172K $0
2018 $298K $311K $187K $0 View 990
2017 $274K $289K $199K $0 View 990
2016 $265K $258K $215K $0 View 990
2015 $218K $218K $208K $0 View 990
2014 $206K $194K $220K $0 View 990
2013 $236K $215K $206K $0 View 990
2012 $211K $184K $185K $626 View 990
2011 $220K $182K $157K $245 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $403K, expenses of $386K, and assets of $401K (revenue -18.5% year-over-year).
  • 2022: Revenue of $494K, expenses of $424K, and assets of $391K (revenue +51.5% year-over-year).
  • 2021: Revenue of $326K, expenses of $278K, and assets of $469K (revenue +70.2% year-over-year).
  • 2020: Revenue of $192K, expenses of $181K, and assets of $354K (revenue -32.3% year-over-year).
  • 2019: Revenue of $283K, expenses of $299K, and assets of $172K (revenue -5.0% year-over-year).
  • 2018: Revenue of $298K, expenses of $311K, and assets of $187K (revenue +8.9% year-over-year).
  • 2017: Revenue of $274K, expenses of $289K, and assets of $199K (revenue +3.3% year-over-year).
  • 2016: Revenue of $265K, expenses of $258K, and assets of $215K (revenue +21.4% year-over-year).
  • 2015: Revenue of $218K, expenses of $218K, and assets of $208K (revenue +5.9% year-over-year).
  • 2014: Revenue of $206K, expenses of $194K, and assets of $220K (revenue -12.9% year-over-year).
  • 2013: Revenue of $236K, expenses of $215K, and assets of $206K (revenue +12.0% year-over-year).
  • 2012: Revenue of $211K, expenses of $184K, and assets of $185K (revenue -4.0% year-over-year).
  • 2011: Revenue of $220K, expenses of $182K, and assets of $157K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Haddon Glen Swimming Club Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Haddon Glen Swimming 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.

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