Highridge Swim & Tennis Club
EIN: 50282650 · Lincoln, RI
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $220K |
| Net Assets | $-53,646 |
Is Highridge Swim & Tennis Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Highridge Swim & Tennis Club
Highridge Swim & Tennis Club (EIN: 50282650) is a nonprofit organization based in Lincoln, RI. The organization reported total revenue of $189K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highridge Swim & Tennis Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highridge Swim & Tennis Club is a small nonprofit that has been operating for 66 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $220K |
| Surplus / Deficit | $-31,659 |
| Total Assets | $32K |
| Total Liabilities | $86K |
| Net Assets | $-53,646 |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 266.2% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2016, Highridge Swim & Tennis Club reported a deficit of $32K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 266.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Highridge Swim & Tennis Club's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.4% | -8.2% | -26.7% |
| 2015 | -17.5% | +1.2% | -19.6% |
| 2014 | +5.2% | +1.6% | -26.9% |
| 2013 | -16.0% | -16.3% | -18.5% |
| 2012 | -8.2% | +6.8% | -29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Highridge Swim & Tennis Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Highridge Swim & Tennis Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 266.2%.
Frequently Asked Questions about Highridge Swim & Tennis Club
Is Highridge Swim & Tennis Club a legitimate charity?
Highridge Swim & Tennis Club (EIN: 50282650) is a registered tax-exempt nonprofit based in Rhode Island. It has 6 years of IRS 990 filings on record. Total revenue: $189K. No red flags identified. Financial health grade: D.
How does Highridge Swim & Tennis Club spend its money?
Highridge Swim & Tennis Club reported $189K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Highridge Swim & Tennis Club tax-deductible?
Highridge Swim & Tennis Club is registered as a tax-exempt nonprofit (EIN: 50282650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Highridge Swim & Tennis Club located?
Highridge Swim & Tennis Club is headquartered in Lincoln, Rhode Island and files with the IRS under EIN 50282650.
How many years of IRS 990 filings does Highridge Swim & Tennis Club have?
Highridge Swim & 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 $189K in total revenue.
Filing History
IRS 990 filing history for Highridge Swim & Tennis Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Highridge Swim & Tennis Club's revenue has declined by 31.4%, moving from $275K to $189K. Total assets decreased by 75.4% over the same period, from $131K to $32K. Total functional expenses fell by 15.7%, from $261K to $220K. In its most recent filing year (2016), Highridge Swim & Tennis Club reported a deficit of $32K, with expenses exceeding revenue. The organization holds $86K in liabilities against $32K in assets (debt-to-asset ratio: 266.2%), resulting in net assets of $-53,646.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $189K | $220K | $32K | $86K | — | — |
| 2015 | $184K | $240K | $44K | $66K | — | View 990 |
| 2014 | $223K | $237K | $55K | $21K | — | View 990 |
| 2013 | $212K | $233K | $75K | $27K | — | View 990 |
| 2012 | $252K | $279K | $92K | $23K | — | View 990 |
| 2011 | $275K | $261K | $131K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $189K, expenses of $220K, and assets of $32K (revenue +2.4% year-over-year).
- 2015: Revenue of $184K, expenses of $240K, and assets of $44K (revenue -17.5% year-over-year).
- 2014: Revenue of $223K, expenses of $237K, and assets of $55K (revenue +5.2% year-over-year).
- 2013: Revenue of $212K, expenses of $233K, and assets of $75K (revenue -16.0% year-over-year).
- 2012: Revenue of $252K, expenses of $279K, and assets of $92K (revenue -8.2% year-over-year).
- 2011: Revenue of $275K, expenses of $261K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highridge Swim & Tennis Club:
Data Sources and Methodology
This transparency report for Highridge Swim & 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.