Highland Swimming Club
Highland Swimming Club: Consistent Operations, Limited Transparency
EIN: 221538361 · Fanwood, NJ · NTEE: N67Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $304K |
| Program Spending | 75% |
| Net Assets | $283K |
| Transparency Score | 65/100 |
Is Highland Swimming Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highland Swimming Club directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Highland Swimming Club
Highland Swimming Club (EIN: 221538361) is a nonprofit organization based in Fanwood, NJ, classified under NTEE code N67Z. The organization reported total revenue of $264K and total assets of $910K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Swimming Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Swimming Club is a small nonprofit that has been operating for 72 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $271K |
| Total Expenses | $304K |
| Surplus / Deficit | $-33,285 |
| Total Assets | $963K |
| Total Liabilities | $679K |
| Net Assets | $283K |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 70.6% |
| Months of Reserves | 38.0 months |
Financial Health Grade: C
In 2023, Highland Swimming Club reported a deficit of $33K with expenses exceeding revenue, holds 38.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.6% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Highland Swimming Club's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.1% | -6.0% | -3.5% |
| 2022 | +25.3% | +19.4% | +3.6% |
| 2021 | +5.7% | +5.1% | +1.0% |
| 2020 | +10.0% | +2.3% | +0.5% |
| 2019 | +17.1% | -0.6% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 Highland Swimming Club 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Highland Swimming Club allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.6%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for key employees are disclosed in the provided data.
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 Highland Swimming Club's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) across multiple years, e.g., $304,389 expenses vs. $271,104 revenue in 2023.
- Lack of specific executive compensation details makes it impossible to evaluate fairness or appropriateness.
- Limited public information on program details and impact beyond basic financial statements.
Strengths
The following positive indicators were identified for Highland Swimming Club:
- Maintains a stable asset base over several years, indicating financial resilience despite operating deficits.
- Consistent operation for many years, suggesting a dedicated community service.
- Zero lobbying expenses reported, indicating focus on direct mission.
Frequently Asked Questions about Highland Swimming Club
Is Highland Swimming Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Highland Swimming Club (EIN: 221538361) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Highland Swimming Club spend its money?
Highland Swimming Club directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Highland Swimming Club tax-deductible?
Highland Swimming Club is registered as a tax-exempt nonprofit (EIN: 221538361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Highland Swimming Club's spending goes to programs?
Highland Swimming Club directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Highland Swimming Club compare to similar nonprofits?
With a transparency score of 65/100 (Good), Highland Swimming Club is above average for NTEE category N67Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Highland Swimming Club located?
Highland Swimming Club is headquartered in Fanwood, New Jersey and files with the IRS under EIN 221538361. It is classified under NTEE code N67Z.
How many years of IRS 990 filings does Highland Swimming Club have?
Highland Swimming Club has 14 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 $264K in total revenue.
What does Highland Swimming Club do?
Highland Swimming Club is a nonprofit organization in the Recreation & Sports sector, located in Fanwood, New Jersey. It is classified under NTEE code N67Z.
How much revenue does Highland Swimming Club have?
Highland Swimming Club reported total revenue of $263,731. Based on 14 IRS 990 filings on record.
What are Highland Swimming Club's total assets?
Highland Swimming Club holds total assets of $909,883 as reported in IRS 990 filings.
Where is Highland Swimming Club located?
Highland Swimming Club is based in Fanwood, New Jersey.
What is Highland Swimming Club's EIN?
Highland Swimming Club's Employer Identification Number (EIN) is 221538361. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Highland Swimming Club?
Highland Swimming Club is classified under NTEE code N67Z (Recreation & Sports).
Is Highland Swimming Club a registered 501(c)(3)?
Yes, Highland Swimming Club is recognized as a tax-exempt organization by the IRS. EIN: 221538361.
Does Highland Swimming Club file IRS Form 990?
Yes, Highland Swimming Club has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Highland Swimming Club's revenue in 2023?
In the 202312 filing period, Highland Swimming Club reported total revenue of $271,104, total expenses of $304,389, and net assets of $962,904.
Is Highland Swimming Club's revenue growing or declining?
Highland Swimming Club's revenue is declining. Revenue went from $330,933 (202212) to $271,104 (202312), a -18.1% change. Based on 14 filings on record.
What is Highland Swimming Club's most recent 990 filing?
The most recent IRS Form 990 filing for Highland Swimming Club covers tax period 202312. It shows revenue of $271,104, expenses of $304,389, total assets of $962,904, and liabilities of $679,452.
How much does Highland Swimming Club spend on programs vs administration?
Based on IRS 990 analysis, Highland Swimming Club allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Highland Swimming Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Highland Swimming Club shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Highland Swimming Club?
The following concerns were identified: Consistent operating deficits (expenses exceeding revenue) across multiple years, e.g., $304,389 expenses vs. $271,104 revenue in 2023.. Lack of specific executive compensation details makes it impossible to evaluate fairness or appropriateness.. Limited public information on program details and impact beyond basic financial statements.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Highland Swimming Club's strengths?
Positive indicators for Highland Swimming Club include: Maintains a stable asset base over several years, indicating financial resilience despite operating deficits.. Consistent operation for many years, suggesting a dedicated community service.. Zero lobbying expenses reported, indicating focus on direct mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Highland Swimming Club compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for key employees are disclosed in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Highland Swimming Club sustain operations with consistent annual deficits, and what is the long-term strategy to address this trend?
The club appears to cover deficits through existing assets or other non-revenue income sources not detailed in the provided data. A long-term strategy for financial sustainability is not evident from the filings.
What specific programs does Highland Swimming Club offer, and how does it measure the impact of these programs on the community?
The provided data does not detail specific programs or their impact metrics. Further investigation into their website or annual reports would be necessary to answer this.
Filing History
IRS 990 filing history for Highland Swimming Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Highland Swimming Club's revenue has grown by 27.7%, moving from $212K to $271K. Total assets decreased by 21.3% over the same period, from $1.2M to $963K. Total functional expenses rose by 28.3%, from $237K to $304K. In its most recent filing year (2023), Highland Swimming Club reported a deficit of $33K, with expenses exceeding revenue. The organization holds $679K in liabilities against $963K in assets (debt-to-asset ratio: 70.6%), resulting in net assets of $283K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $271K | $304K | $963K | $679K | — | View 990 |
| 2022 | $331K | $324K | $997K | $715K | — | View 990 |
| 2021 | $264K | $271K | $963K | $702K | — | View 990 |
| 2020 | $250K | $258K | $954K | $709K | — | View 990 |
| 2019 | $227K | $252K | $949K | $716K | — | View 990 |
| 2018 | $194K | $254K | $1.0M | $700K | — | View 990 |
| 2017 | $192K | $236K | $954K | $581K | — | — |
| 2016 | $200K | $240K | $1.0M | $604K | — | View 990 |
| 2015 | $201K | $275K | $1.1M | $624K | — | View 990 |
| 2014 | $199K | $251K | $1.2M | $642K | — | View 990 |
| 2013 | $189K | $226K | $1.2M | $666K | — | View 990 |
| 2012 | $247K | $230K | $1.2M | $679K | — | View 990 |
| 2011 | $237K | $225K | $1.2M | $697K | — | View 990 |
| 2010 | $212K | $237K | $1.2M | $714K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $271K, expenses of $304K, and assets of $963K (revenue -18.1% year-over-year).
- 2022: Revenue of $331K, expenses of $324K, and assets of $997K (revenue +25.3% year-over-year).
- 2021: Revenue of $264K, expenses of $271K, and assets of $963K (revenue +5.7% year-over-year).
- 2020: Revenue of $250K, expenses of $258K, and assets of $954K (revenue +10.0% year-over-year).
- 2019: Revenue of $227K, expenses of $252K, and assets of $949K (revenue +17.1% year-over-year).
- 2018: Revenue of $194K, expenses of $254K, and assets of $1.0M (revenue +0.8% year-over-year).
- 2017: Revenue of $192K, expenses of $236K, and assets of $954K (revenue -3.9% year-over-year).
- 2016: Revenue of $200K, expenses of $240K, and assets of $1.0M (revenue -0.2% year-over-year).
- 2015: Revenue of $201K, expenses of $275K, and assets of $1.1M (revenue +0.6% year-over-year).
- 2014: Revenue of $199K, expenses of $251K, and assets of $1.2M (revenue +5.4% year-over-year).
- 2013: Revenue of $189K, expenses of $226K, and assets of $1.2M (revenue -23.5% year-over-year).
- 2012: Revenue of $247K, expenses of $230K, and assets of $1.2M (revenue +4.1% year-over-year).
- 2011: Revenue of $237K, expenses of $225K, and assets of $1.2M (revenue +11.8% year-over-year).
- 2010: Revenue of $212K, expenses of $237K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland Swimming Club:
Data Sources and Methodology
This transparency report for Highland Swimming 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.