Harrington Park Swim Club Inc
Harrington Park Swim Club: Consistent Operations, Limited Financial Growth
EIN: 221683459 · Harrington Pk, NJ · NTEE: N50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $201K |
| Total Expenses | $232K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-54,434 |
| Transparency Score | 65/100 |
Is Harrington Park 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 →
Harrington Park Swim Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harrington Park Swim Club Inc
Harrington Park Swim Club Inc (EIN: 221683459) is a nonprofit organization based in Harrington Pk, NJ, classified under NTEE code N50. The organization reported total revenue of $201K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harrington Park Swim Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harrington Park Swim Club Inc is a small nonprofit that has been operating for 2 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $232K |
| Surplus / Deficit | $-23,123 |
| Total Assets | $178K |
| Total Liabilities | $233K |
| Net Assets | $-54,434 |
| Operating Margin | -11.1% |
| Debt-to-Asset Ratio | 130.5% |
| Months of Reserves | 9.2 months |
Financial Health Grade: C
In 2023, Harrington Park Swim Club Inc reported a deficit of $23K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 130.5% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Harrington Park Swim Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +55.7% | -9.6% |
| 2021 | +4032.8% | +818.7% | +30.2% |
| 2020 | -96.8% | -90.9% | -7.0% |
| 2019 | -8.9% | +33.4% | -20.7% |
| 2018 | +16.4% | -28.0% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Harrington Park Swim Club Inc with a Mission Score of 65 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Harrington Park Swim Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.5%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimal-staff operation.
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 Harrington Park Swim Club Inc's IRS 990 filings:
- The organization's liabilities consistently exceed its assets, with liabilities of $232,825 against assets of $178,391 in 2023, suggesting potential long-term financial instability.
- Revenue has fluctuated significantly over the years, with a notable drop to $4,587 in 2020, indicating vulnerability to external factors.
- The consistent reporting of 0% compensation for all key personnel might mask indirect benefits or a reliance on unpaid labor, which could be unsustainable.
Strengths
The following positive indicators were identified for Harrington Park Swim Club Inc:
- The organization has maintained operations for many years, demonstrating resilience despite financial fluctuations.
- Consistent reporting of $0 executive compensation suggests a strong commitment to minimizing administrative overhead and maximizing resources for its mission.
- Total assets have remained relatively stable over time, indicating a consistent base of resources.
Frequently Asked Questions about Harrington Park Swim Club Inc
Is Harrington Park Swim Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Harrington Park Swim Club Inc (EIN: 221683459) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Harrington Park Swim Club Inc spend its money?
Harrington Park Swim Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harrington Park Swim Club Inc tax-deductible?
Harrington Park Swim Club Inc is registered as a tax-exempt nonprofit (EIN: 221683459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harrington Park Swim Club Inc CEO make?
Harrington Park Swim Club Inc's highest-compensated officer earns $0 annually. The organization reported $201K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harrington Park Swim Club Inc's spending goes to programs?
Harrington Park Swim Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harrington Park Swim Club Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Harrington Park Swim Club Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harrington Park Swim Club Inc located?
Harrington Park Swim Club Inc is headquartered in Harrington Pk, New Jersey and files with the IRS under EIN 221683459. It is classified under NTEE code N50.
How many years of IRS 990 filings does Harrington Park Swim Club Inc have?
Harrington Park Swim Club Inc 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 $201K in total revenue.
What does Harrington Park Swim Club Inc do?
Harrington Park Swim Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Harrington Pk, New Jersey. It is classified under NTEE code N50.
How much revenue does Harrington Park Swim Club Inc have?
Harrington Park Swim Club Inc reported total revenue of $200,578. Based on 12 IRS 990 filings on record.
What are Harrington Park Swim Club Inc's total assets?
Harrington Park Swim Club Inc holds total assets of $175,741 as reported in IRS 990 filings.
Where is Harrington Park Swim Club Inc located?
Harrington Park Swim Club Inc is based in Harrington Pk, New Jersey.
What is Harrington Park Swim Club Inc's EIN?
Harrington Park Swim Club Inc's Employer Identification Number (EIN) is 221683459. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Harrington Park Swim Club Inc?
Harrington Park Swim Club Inc is classified under NTEE code N50 (Recreation & Sports).
Is Harrington Park Swim Club Inc a registered 501(c)(3)?
Yes, Harrington Park Swim Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 221683459.
Does Harrington Park Swim Club Inc file IRS Form 990?
Yes, Harrington Park Swim Club Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Harrington Park Swim Club Inc's revenue in 2023?
In the 202312 filing period, Harrington Park Swim Club Inc reported total revenue of $208,436, total expenses of $231,559, and net assets of $178,391.
Is Harrington Park Swim Club Inc's revenue growing or declining?
Harrington Park Swim Club Inc's revenue is growing. Revenue went from $189,571 (202112) to $208,436 (202312), a +10.0% change. Based on 12 filings on record.
What is Harrington Park Swim Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Harrington Park Swim Club Inc covers tax period 202312. It shows revenue of $208,436, expenses of $231,559, total assets of $178,391, and liabilities of $232,825.
How much does Harrington Park Swim Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Harrington Park Swim Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Harrington Park Swim Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Harrington Park Swim Club Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Harrington Park Swim Club Inc?
The following concerns were identified: The organization's liabilities consistently exceed its assets, with liabilities of $232,825 against assets of $178,391 in 2023, suggesting potential long-term financial instability.. Revenue has fluctuated significantly over the years, with a notable drop to $4,587 in 2020, indicating vulnerability to external factors.. The consistent reporting of 0% compensation for all key personnel might mask indirect benefits or a reliance on unpaid labor, which could be unsustainable.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Harrington Park Swim Club Inc's strengths?
Positive indicators for Harrington Park Swim Club Inc include: The organization has maintained operations for many years, demonstrating resilience despite financial fluctuations.. Consistent reporting of $0 executive compensation suggests a strong commitment to minimizing administrative overhead and maximizing resources for its mission.. Total assets have remained relatively stable over time, indicating a consistent base of resources.. These findings are derived from AI analysis of the organization's financial filings.
How does Harrington Park Swim Club Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimal-staff operation. 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 compensation for all key personnel, how does the organization sustain its operational leadership and management?
The consistent $0 compensation suggests a volunteer-driven model or that key operational roles are filled by individuals compensated through other means not disclosed in these specific filings, or by external entities.
What is the primary cause of the consistent deficit where liabilities exceed assets, and what strategies are in place to address this financial imbalance?
The data does not specify the primary cause, but it could stem from long-term debt, deferred revenue, or capital expenditures. Without further information, specific strategies to address this imbalance are unclear.
Filing History
IRS 990 filing history for Harrington Park Swim Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Harrington Park Swim Club Inc's revenue has grown by 2%, moving from $204K to $208K. Total assets decreased by 12.9% over the same period, from $205K to $178K. Total functional expenses rose by 6.8%, from $217K to $232K. In its most recent filing year (2023), Harrington Park Swim Club Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $233K in liabilities against $178K in assets (debt-to-asset ratio: 130.5%), resulting in net assets of $-54,434.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $232K | $178K | $233K | — | — |
| 2021 | $190K | $149K | $197K | $288K | — | — |
| 2020 | $5K | $16K | $152K | $283K | — | — |
| 2019 | $145K | $177K | $163K | $283K | — | — |
| 2018 | $159K | $133K | $206K | $293K | — | View 990 |
| 2017 | $136K | $184K | $171K | $285K | — | View 990 |
| 2016 | $156K | $228K | $212K | $245K | — | View 990 |
| 2015 | $0 | $178K | $198K | $248K | — | View 990 |
| 2014 | $180K | $215K | $174K | $265K | — | View 990 |
| 2013 | $226K | $229K | $194K | $249K | — | View 990 |
| 2012 | $184K | $184K | $183K | $235K | — | View 990 |
| 2011 | $204K | $217K | $205K | $257K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $232K, and assets of $178K (revenue +10.0% year-over-year).
- 2021: Revenue of $190K, expenses of $149K, and assets of $197K (revenue +4032.8% year-over-year).
- 2020: Revenue of $5K, expenses of $16K, and assets of $152K (revenue -96.8% year-over-year).
- 2019: Revenue of $145K, expenses of $177K, and assets of $163K (revenue -8.9% year-over-year).
- 2018: Revenue of $159K, expenses of $133K, and assets of $206K (revenue +16.4% year-over-year).
- 2017: Revenue of $136K, expenses of $184K, and assets of $171K (revenue -12.4% year-over-year).
- 2016: Revenue of $156K, expenses of $228K, and assets of $212K.
- 2015: Revenue of $0, expenses of $178K, and assets of $198K (revenue -100.0% year-over-year).
- 2014: Revenue of $180K, expenses of $215K, and assets of $174K (revenue -20.6% year-over-year).
- 2013: Revenue of $226K, expenses of $229K, and assets of $194K (revenue +23.0% year-over-year).
- 2012: Revenue of $184K, expenses of $184K, and assets of $183K (revenue -10.1% year-over-year).
- 2011: Revenue of $204K, expenses of $217K, and assets of $205K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harrington Park Swim Club Inc:
Data Sources and Methodology
This transparency report for Harrington Park 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.