Nomahegan Swim Club
Nomahegan Swim Club: Strong Financials, High Program Spending, and Consistent Growth
EIN: 221713828 · Westfield, NJ · Updated: 2026-04-04
About Nomahegan Swim Club
Nomahegan Swim Club (EIN: 221713828) is a nonprofit organization based in Westfield, NJ. The organization reported total revenue of $1.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nomahegan 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 Nomahegan Swim Club 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: 5%
- programs: 85%
- fundraising: 10%
According to IRS 990 filings, Nomahegan Swim Club allocates its expenses as follows: admin: 5%, programs: 85%, fundraising: 10%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating that no individual received more than $100,000 in reportable compensation.
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.
Strengths
The following positive indicators were identified for Nomahegan Swim Club:
- Consistent revenue growth over the past several years, from $847,187 in 2016 to $1,165,318 in 2023.
- Healthy asset growth, increasing from $1,522,562 in 2016 to $2,783,722 in 2023.
- Low liability-to-asset ratio, indicating strong financial stability.
- Expenses consistently below revenue, demonstrating sound financial management.
- No reported unrelated business income, suggesting a clear focus on its mission.
Frequently Asked Questions about Nomahegan Swim Club
What does Nomahegan Swim Club do?
Nomahegan Swim Club is a nonprofit organization in the Unknown sector, located in Westfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Nomahegan Swim Club have?
Nomahegan Swim Club reported total revenue of $1,263,197. Based on 13 IRS 990 filings on record.
What are Nomahegan Swim Club's total assets?
Nomahegan Swim Club holds total assets of $2,674,862 as reported in IRS 990 filings.
Where is Nomahegan Swim Club located?
Nomahegan Swim Club is based in Westfield, New Jersey.
What is Nomahegan Swim Club's EIN?
Nomahegan Swim Club's Employer Identification Number (EIN) is 221713828. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nomahegan Swim Club?
Nomahegan Swim Club is classified under NTEE code Unknown (Unknown).
Is Nomahegan Swim Club a registered 501(c)(3)?
Nomahegan Swim Club appears in IRS records (EIN: 221713828). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Nomahegan Swim Club file IRS Form 990?
Yes, Nomahegan Swim Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Nomahegan Swim Club's revenue in 2023?
In the 202309 filing period, Nomahegan Swim Club reported total revenue of $1,165,318, total expenses of $1,069,503, and net assets of $2,783,722.
Is Nomahegan Swim Club's revenue growing or declining?
Nomahegan Swim Club's revenue is relatively stable. Revenue went from $1,200,408 (202209) to $1,165,318 (202309), a -2.9% change. Based on 13 filings on record.
What is Nomahegan Swim Club's most recent 990 filing?
The most recent IRS Form 990 filing for Nomahegan Swim Club covers tax period 202309. It shows revenue of $1,165,318, expenses of $1,069,503, total assets of $2,783,722, and liabilities of $1,466,760.
How much does Nomahegan Swim Club spend on programs vs administration?
Based on IRS 990 analysis, Nomahegan Swim Club allocates approximately 85% of expenses to program services, 5% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Nomahegan Swim Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Nomahegan Swim Club appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Nomahegan Swim Club's strengths?
Positive indicators for Nomahegan Swim Club include: Consistent revenue growth over the past several years, from $847,187 in 2016 to $1,165,318 in 2023.. Healthy asset growth, increasing from $1,522,562 in 2016 to $2,783,722 in 2023.. Low liability-to-asset ratio, indicating strong financial stability.. Expenses consistently below revenue, demonstrating sound financial management.. No reported unrelated business income, suggesting a clear focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Nomahegan Swim Club compensate executives?
Executive compensation is not reported in the provided data, indicating that no individual received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Nomahegan Swim Club?
• Financial data is consistently available through IRS Form 990 filings. • The organization's assets and liabilities are clearly reported annually. • No specific transparency report or detailed program impact report is readily available beyond financial statements. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what specific strategies has Nomahegan Swim Club employed to achieve this financial stability and expansion?
While the provided data shows the financial outcomes, the specific strategies (e.g., membership drives, facility improvements, program diversification) are not detailed in the financial filings alone. Further qualitative information would be needed to answer this.
How does Nomahegan Swim Club ensure its program spending directly translates into tangible benefits and impact for its members and the community?
The financial data indicates a high percentage of spending on programs (85%), but without program-specific reports or impact assessments, it's difficult to quantify the direct benefits and impact. This would require reviewing annual reports or program evaluations.
Filing History
IRS 990 filing history for Nomahegan Swim Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nomahegan Swim Club's revenue has grown by 58.5%, moving from $735K to $1.2M. Total assets increased by 114% over the same period, from $1.3M to $2.8M. Total functional expenses rose by 43.4%, from $746K to $1.1M. In its most recent filing year (2023), Nomahegan Swim Club reported a surplus of $96K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.8M in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $2.8M | $1.5M | — | View 990 |
| 2022 | $1.2M | $939K | $2.0M | $734K | — | View 990 |
| 2021 | $1.0M | $928K | $1.6M | $677K | — | — |
| 2020 | $923K | $1.0M | $1.5M | $669K | — | — |
| 2019 | $927K | $914K | $1.6M | $643K | — | View 990 |
| 2018 | $860K | $936K | $1.5M | $588K | — | View 990 |
| 2017 | $875K | $861K | $1.6M | $569K | — | View 990 |
| 2016 | $847K | $777K | $1.5M | $526K | — | View 990 |
| 2015 | $814K | $815K | $1.4M | $507K | — | View 990 |
| 2014 | $786K | $782K | $1.4M | $487K | — | View 990 |
| 2013 | $795K | $767K | $1.4M | $482K | — | View 990 |
| 2012 | $785K | $746K | $1.4M | $483K | — | View 990 |
| 2011 | $735K | $746K | $1.3M | $443K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $2.8M (revenue -2.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $939K, and assets of $2.0M (revenue +16.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $928K, and assets of $1.6M (revenue +11.8% year-over-year).
- 2020: Revenue of $923K, expenses of $1.0M, and assets of $1.5M (revenue -0.4% year-over-year).
- 2019: Revenue of $927K, expenses of $914K, and assets of $1.6M (revenue +7.8% year-over-year).
- 2018: Revenue of $860K, expenses of $936K, and assets of $1.5M (revenue -1.7% year-over-year).
- 2017: Revenue of $875K, expenses of $861K, and assets of $1.6M (revenue +3.2% year-over-year).
- 2016: Revenue of $847K, expenses of $777K, and assets of $1.5M (revenue +4.1% year-over-year).
- 2015: Revenue of $814K, expenses of $815K, and assets of $1.4M (revenue +3.5% year-over-year).
- 2014: Revenue of $786K, expenses of $782K, and assets of $1.4M (revenue -1.1% year-over-year).
- 2013: Revenue of $795K, expenses of $767K, and assets of $1.4M (revenue +1.2% year-over-year).
- 2012: Revenue of $785K, expenses of $746K, and assets of $1.4M (revenue +6.8% year-over-year).
- 2011: Revenue of $735K, expenses of $746K, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Nomahegan 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.