Long Island Swimming
Long Island Swimming shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 113230107 · Garden City, NY · NTEE: N67 · Updated: 2026-03-28
Is Long Island Swimming Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Island Swimming directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Island Swimming
Long Island Swimming (EIN: 113230107) is a nonprofit organization based in Garden City, NY, classified under NTEE code N67. The organization reported total revenue of $3.9M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Island Swimming'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 Long Island Swimming with a Mission Score of 85 out of 100 (Excellent). 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, Long Island Swimming 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
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation is categorized differently, which is highly unusual for an organization of its size with over $3 million in annual revenue.
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 Long Island Swimming's IRS 990 filings:
- Unusually high liabilities relative to assets in recent years ($2.95M liabilities vs $5.08M assets in 2023)
- Consistent 0% reported officer compensation for an organization of this size, which may obscure actual leadership compensation or operational structure.
Strengths
The following positive indicators were identified for Long Island Swimming:
- Consistent revenue growth over the past decade, from $1.3M in 2014 to $3.3M in 2023.
- Strong asset accumulation, reaching over $5 million in 2023.
- Long history of IRS 990 filings (13 periods), indicating good transparency and compliance.
- Positive net assets maintained throughout its history, demonstrating financial stability.
Frequently Asked Questions about Long Island Swimming
Is Long Island Swimming a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Swimming (EIN: 113230107) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Long Island Swimming spend its money?
Long Island Swimming directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Island Swimming tax-deductible?
Long Island Swimming is registered as a tax-exempt nonprofit (EIN: 113230107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Long Island Swimming manage to operate with 0% reported officer compensation given its scale?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues exceeding $3 million. This could indicate a volunteer-led executive team, or that executive compensation is categorized under other expense lines, or paid through a related entity not directly reported as officer compensation on the 990 summary. Further review of the full 990 forms, specifically Part VII, Section A, would be necessary to understand the compensation structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, one would need to examine the full IRS Form 990, specifically Part IX, Statement of Functional Expenses, to see how the $3,624,195 in expenses for 2023 was allocated.
Is the recent increase in liabilities a concern for the organization's financial health?
Long Island Swimming's liabilities have increased significantly, from $23,025 in 2015 to $2,955,366 in 2023. While assets have also grown to $5,089,850, the ratio of liabilities to assets has increased. This warrants monitoring, though it's not necessarily a red flag if these liabilities are tied to long-term investments or assets, such as property or facilities. A deeper dive into the balance sheet would clarify the nature of these liabilities.
Filing History
IRS 990 filing history for Long Island Swimming showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Island Swimming's revenue has grown by 266.6%, moving from $920K to $3.4M. Total assets increased by 506.1% over the same period, from $840K to $5.1M. Total functional expenses rose by 256.3%, from $1.0M to $3.6M. In its most recent filing year (2023), Long Island Swimming reported a deficit of $253K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $5.1M in assets (debt-to-asset ratio: 58.1%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.6M | $5.1M | $3.0M | — | View 990 |
| 2022 | $3.0M | $2.8M | $5.8M | $3.4M | — | View 990 |
| 2021 | $2.3M | $2.3M | $4.1M | $1.9M | — | View 990 |
| 2020 | $2.2M | $1.9M | $4.0M | $1.8M | — | View 990 |
| 2019 | $2.7M | $2.4M | $4.0M | $2.1M | — | View 990 |
| 2018 | $2.6M | $2.5M | $3.6M | $2.0M | — | View 990 |
| 2017 | $2.6M | $2.2M | $3.5M | $1.9M | — | View 990 |
| 2016 | $1.4M | $1.5M | $2.1M | $926K | — | View 990 |
| 2015 | $1.5M | $1.3M | $1.3M | $23K | — | View 990 |
| 2014 | $1.3M | $1.2M | $1.2M | $35K | — | View 990 |
| 2013 | $1.1M | $1.1M | $1.0M | $21K | — | View 990 |
| 2012 | $1.1M | $953K | $950K | $16K | — | View 990 |
| 2011 | $920K | $1.0M | $840K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.6M, and assets of $5.1M (revenue +13.1% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.8M, and assets of $5.8M (revenue +27.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.3M, and assets of $4.1M (revenue +4.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.9M, and assets of $4.0M (revenue -15.3% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.4M, and assets of $4.0M (revenue +3.4% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $3.6M (revenue -0.3% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $3.5M (revenue +83.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.5M, and assets of $2.1M (revenue -7.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $1.3M (revenue +11.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +18.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue +7.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $953K, and assets of $950K (revenue +15.2% year-over-year).
- 2011: Revenue of $920K, expenses of $1.0M, and assets of $840K.
Data Sources and Methodology
This transparency report for Long Island Swimming 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.