Noblesville Swim Club
EIN: 351982869 · Noblesville, IN · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $573K |
| Total Expenses | $440K |
| Net Assets | $208K |
Is Noblesville Swim Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Noblesville Swim Club
Noblesville Swim Club (EIN: 351982869) is a nonprofit organization based in Noblesville, IN, classified under NTEE code N67. The organization reported total revenue of $573K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noblesville Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noblesville Swim Club is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $428K |
| Total Expenses | $440K |
| Surplus / Deficit | $-12,357 |
| Total Assets | $211K |
| Total Liabilities | $3K |
| Net Assets | $208K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Noblesville Swim Club reported a deficit of $12K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Noblesville Swim Club's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.0% | -8.0% | -6.0% |
| 2022 | +10.8% | +55.7% | -11.6% |
| 2021 | -18.1% | -31.3% | +121.8% |
| 2019 | -3.1% | -14.9% | +80.6% |
| 2018 | +12.3% | +23.5% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Noblesville Swim 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 Noblesville Swim 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Noblesville Swim Club
Is Noblesville Swim Club a legitimate charity?
Noblesville Swim Club (EIN: 351982869) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $573K. No red flags identified. Financial health grade: B.
How does Noblesville Swim Club spend its money?
Noblesville Swim Club reported $573K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Noblesville Swim Club tax-deductible?
Noblesville Swim Club is registered as a tax-exempt nonprofit (EIN: 351982869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Noblesville Swim Club located?
Noblesville Swim Club is headquartered in Noblesville, Indiana and files with the IRS under EIN 351982869. It is classified under NTEE code N67.
How many years of IRS 990 filings does Noblesville Swim Club have?
Noblesville Swim Club has 12 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 $573K in total revenue.
Filing History
IRS 990 filing history for Noblesville Swim Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Noblesville Swim Club's revenue has grown by 20.5%, moving from $355K to $428K. Total assets increased by 248.7% over the same period, from $61K to $211K. Total functional expenses rose by 27.8%, from $344K to $440K. In its most recent filing year (2023), Noblesville Swim Club reported a deficit of $12K, with expenses exceeding revenue. The organization holds $3K in liabilities against $211K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $208K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $428K | $440K | $211K | $3K | — | View 990 |
| 2022 | $455K | $478K | $225K | $4K | — | View 990 |
| 2021 | $411K | $307K | $254K | $10K | — | View 990 |
| 2019 | $501K | $447K | $115K | $380 | — | View 990 |
| 2018 | $517K | $525K | $63K | $3K | — | View 990 |
| 2017 | $461K | $425K | $72K | $4K | — | View 990 |
| 2016 | $440K | $443K | $34K | $2K | — | View 990 |
| 2015 | $398K | $387K | $36K | $964 | — | View 990 |
| 2014 | $372K | $397K | $28K | $3K | — | View 990 |
| 2013 | $400K | $398K | $51K | $1K | — | View 990 |
| 2012 | $349K | $361K | $50K | $1K | — | View 990 |
| 2011 | $355K | $344K | $61K | $390 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $428K, expenses of $440K, and assets of $211K (revenue -6.0% year-over-year).
- 2022: Revenue of $455K, expenses of $478K, and assets of $225K (revenue +10.8% year-over-year).
- 2021: Revenue of $411K, expenses of $307K, and assets of $254K (revenue -18.1% year-over-year).
- 2019: Revenue of $501K, expenses of $447K, and assets of $115K (revenue -3.1% year-over-year).
- 2018: Revenue of $517K, expenses of $525K, and assets of $63K (revenue +12.3% year-over-year).
- 2017: Revenue of $461K, expenses of $425K, and assets of $72K (revenue +4.8% year-over-year).
- 2016: Revenue of $440K, expenses of $443K, and assets of $34K (revenue +10.4% year-over-year).
- 2015: Revenue of $398K, expenses of $387K, and assets of $36K (revenue +7.1% year-over-year).
- 2014: Revenue of $372K, expenses of $397K, and assets of $28K (revenue -7.0% year-over-year).
- 2013: Revenue of $400K, expenses of $398K, and assets of $51K (revenue +14.4% year-over-year).
- 2012: Revenue of $349K, expenses of $361K, and assets of $50K (revenue -1.5% year-over-year).
- 2011: Revenue of $355K, expenses of $344K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noblesville Swim Club:
Data Sources and Methodology
This transparency report for Noblesville 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.