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
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
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
- admin: 10%
- programs: 85%
- fundraising: 5%
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:
- Significant and consistent decline in annual revenue over several years (from $66,744 in 2014 to $13,053 currently).
- Expenses frequently exceeding revenue (e.g., 2019, 2016, 2015, 2013), indicating reliance on reserves or operating at a deficit.
- Decreasing asset base from $15,384 in 2012 to $7,518 currently, aligning with the overall financial contraction.
Strengths
The following positive indicators were identified for Hurricane Swim Club:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and high efficiency in executive pay.
- Maintained zero liabilities across all reported periods, demonstrating sound debt management.
- Consistent IRS 990 filing history (8 filings), indicating good compliance and transparency in basic reporting.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2019: Revenue of $22K, expenses of $23K, and assets of $8K (revenue -39.7% year-over-year).
- 2018: Revenue of $36K, expenses of $35K, and assets of $9K (revenue -17.5% year-over-year).
- 2017: Revenue of $44K, expenses of $43K, and assets of $7K (revenue +5.8% year-over-year).
- 2016: Revenue of $42K, expenses of $44K, and assets of $6K (revenue -29.4% year-over-year).
- 2015: Revenue of $59K, expenses of $65K, and assets of $8K (revenue -11.3% year-over-year).
- 2014: Revenue of $67K, expenses of $67K, and assets of $13K (revenue +23.0% year-over-year).
- 2013: Revenue of $54K, expenses of $56K, and assets of $13K (revenue +3.5% year-over-year).
- 2012: Revenue of $52K, expenses of $47K, and assets of $15K.
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.