Hill Farm Swim Club Inc
EIN: 390972429 · Madison, WI
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $360K |
| Net Assets | $292K |
Is Hill Farm Swim Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hill Farm Swim Club Inc
Hill Farm Swim Club Inc (EIN: 390972429) is a nonprofit organization based in Madison, WI. The organization reported total revenue of $421K and total assets of $718K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hill Farm Swim Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hill Farm Swim Club Inc is a small nonprofit that has been operating for 65 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $360K |
| Surplus / Deficit | $-1,109 |
| Total Assets | $758K |
| Total Liabilities | $466K |
| Net Assets | $292K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 61.4% |
| Months of Reserves | 25.3 months |
Financial Health Grade: C
In 2023, Hill Farm Swim Club Inc reported a deficit of $1K with expenses exceeding revenue, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 61.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hill Farm Swim Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +3.6% | -4.3% |
| 2022 | -6.6% | +13.1% | -5.9% |
| 2021 | +37.5% | +9.1% | -3.1% |
| 2020 | -13.4% | +19.5% | -4.8% |
| 2019 | +1.7% | -18.0% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hill Farm Swim Club Inc 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 Hill Farm Swim Club Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.4%.
Frequently Asked Questions about Hill Farm Swim Club Inc
Is Hill Farm Swim Club Inc a legitimate charity?
Hill Farm Swim Club Inc (EIN: 390972429) is a registered tax-exempt nonprofit based in Wisconsin. It has 14 years of IRS 990 filings on record. Total revenue: $421K. No red flags identified. Financial health grade: C.
How does Hill Farm Swim Club Inc spend its money?
Hill Farm Swim Club Inc reported $421K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hill Farm Swim Club Inc tax-deductible?
Hill Farm Swim Club Inc is registered as a tax-exempt nonprofit (EIN: 390972429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hill Farm Swim Club Inc located?
Hill Farm Swim Club Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 390972429.
How many years of IRS 990 filings does Hill Farm Swim Club Inc have?
Hill Farm Swim Club Inc 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 $421K in total revenue.
Filing History
IRS 990 filing history for Hill Farm Swim Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hill Farm Swim Club Inc's revenue has grown by 19.2%, moving from $301K to $359K. Total assets decreased by 46.9% over the same period, from $1.4M to $758K. Total functional expenses rose by 27.8%, from $281K to $360K. In its most recent filing year (2023), Hill Farm Swim Club Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $466K in liabilities against $758K in assets (debt-to-asset ratio: 61.4%), resulting in net assets of $292K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $359K | $360K | $758K | $466K | — | — |
| 2022 | $325K | $347K | $792K | $494K | — | View 990 |
| 2021 | $349K | $307K | $843K | $523K | — | View 990 |
| 2020 | $253K | $281K | $870K | $602K | — | View 990 |
| 2019 | $293K | $235K | $914K | $617K | — | View 990 |
| 2018 | $288K | $287K | $967K | $644K | — | View 990 |
| 2017 | $262K | $284K | $987K | $665K | — | View 990 |
| 2016 | $257K | $270K | $1.0M | $699K | — | View 990 |
| 2015 | $248K | $268K | $1.1M | $732K | — | View 990 |
| 2014 | $240K | $266K | $1.1M | $763K | — | View 990 |
| 2013 | $249K | $270K | $1.2M | $802K | — | View 990 |
| 2012 | $249K | $283K | $1.3M | $828K | — | View 990 |
| 2011 | $247K | $286K | $1.3M | $854K | — | View 990 |
| 2010 | $301K | $281K | $1.4M | $922K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $359K, expenses of $360K, and assets of $758K (revenue +10.2% year-over-year).
- 2022: Revenue of $325K, expenses of $347K, and assets of $792K (revenue -6.6% year-over-year).
- 2021: Revenue of $349K, expenses of $307K, and assets of $843K (revenue +37.5% year-over-year).
- 2020: Revenue of $253K, expenses of $281K, and assets of $870K (revenue -13.4% year-over-year).
- 2019: Revenue of $293K, expenses of $235K, and assets of $914K (revenue +1.7% year-over-year).
- 2018: Revenue of $288K, expenses of $287K, and assets of $967K (revenue +9.8% year-over-year).
- 2017: Revenue of $262K, expenses of $284K, and assets of $987K (revenue +2.0% year-over-year).
- 2016: Revenue of $257K, expenses of $270K, and assets of $1.0M (revenue +3.6% year-over-year).
- 2015: Revenue of $248K, expenses of $268K, and assets of $1.1M (revenue +3.1% year-over-year).
- 2014: Revenue of $240K, expenses of $266K, and assets of $1.1M (revenue -3.4% year-over-year).
- 2013: Revenue of $249K, expenses of $270K, and assets of $1.2M (revenue -0.2% year-over-year).
- 2012: Revenue of $249K, expenses of $283K, and assets of $1.3M (revenue +1.1% year-over-year).
- 2011: Revenue of $247K, expenses of $286K, and assets of $1.3M (revenue -18.0% year-over-year).
- 2010: Revenue of $301K, expenses of $281K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hill Farm Swim Club Inc:
Data Sources and Methodology
This transparency report for Hill Farm 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.