Hurricane Swim Club

Hurricane Swim Club experiences significant revenue decline and operates with zero officer compensation.

EIN: 10440996 · Hermon, ME · NTEE: N66I · Updated: 2026-03-28

$13KRevenue
$8KAssets
70/100Mission Score (Good)
N66I

About Hurricane Swim Club

Hurricane Swim Club (EIN: 10440996) is a nonprofit organization based in Hermon, ME, classified under NTEE code N66I. The organization reported total revenue of $13K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hurricane Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hurricane Swim Club, a small organization based in Hermon, ME, exhibits a declining revenue trend over the past several years, from a high of $66,744 in 2014 to $13,053 in its latest filing. This significant decrease in financial activity suggests potential operational challenges or a reduction in program scope. Despite the revenue decline, the organization has consistently maintained zero liabilities across all reported periods, indicating sound financial management in terms of debt. However, its assets have also decreased from a peak of $15,384 in 2012 to $7,518 currently, which aligns with the overall reduction in financial scale. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of Officer Compensation at 0% across all filings suggests that the organization is run by volunteers, which can be a positive indicator of efficiency by minimizing overhead. The fact that expenses have often exceeded revenue in several periods (e.g., 2019, 2016, 2015, 2013) indicates that the organization has been drawing down its reserves or operating at a deficit, which is not sustainable long-term without a reversal in revenue trends. In terms of transparency, the organization has a consistent filing history with 8 filings, which is a positive sign of compliance. The absence of officer compensation simplifies the analysis of executive pay, as there is none. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated. Given its small size and volunteer-run nature, the organization appears to be transparent in its basic financial reporting, but more granular data would be needed for a comprehensive transparency assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hurricane Swim Club with a Mission Score of 70 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

According to IRS 990 filings, Hurricane Swim Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, indicating that the organization's officers are volunteers and do not receive salaries, which is highly efficient for an organization of this size.

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 Hurricane Swim Club's IRS 990 filings:

Strengths

The following positive indicators were identified for Hurricane Swim Club:

Frequently Asked Questions about Hurricane Swim Club

Is Hurricane Swim Club financially stable given its declining revenue?

The organization's revenue has significantly decreased from $66,744 in 2014 to $13,053 in the latest period. While it maintains zero liabilities, the consistent trend of expenses exceeding revenue in several years (e.g., 2019, 2016, 2015) suggests potential long-term financial instability if this trend continues without new funding sources.

How does the lack of officer compensation impact the organization?

The 0% officer compensation indicates a volunteer-run model, which significantly reduces administrative overhead and allows more funds to potentially be directed towards programs. However, it might also limit the capacity for full-time professional management and growth.

What caused the substantial drop in revenue since 2014?

The provided data does not specify the reasons for the revenue decline from $66,744 in 2014 to $13,053 in the latest period. This could be due to reduced donations, fewer program participants, or changes in funding opportunities.

Filing History

IRS 990 filing history for Hurricane Swim Club showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2012–2019), Hurricane Swim Club's revenue has declined by 58%, moving from $52K to $22K. Total assets decreased by 46.3% over the same period, from $15K to $8K. Total functional expenses fell by 52.2%, from $47K to $23K. In its most recent filing year (2019), Hurricane Swim Club reported a deficit of $645, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2019 $22K $23K $8K $0
2018 $36K $35K $9K $0 View 990
2017 $44K $43K $7K $0 View 990
2016 $42K $44K $6K $0 View 990
2015 $59K $65K $8K $0 View 990
2014 $67K $67K $13K $0 View 990
2013 $54K $56K $13K $0 View 990
2012 $52K $47K $15K $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Hurricane Swim 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.

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