Oradell Swim Club Corp
Oradell Swim Club Corp: Stable Finances, Low Transparency
EIN: 221683270 · Oradell, NJ · NTEE: N67 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $450K |
| Total Expenses | $393K |
| Program Spending | 85% |
| Net Assets | $487K |
| Transparency Score | 75/100 |
Is Oradell Swim Club Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oradell Swim Club Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oradell Swim Club Corp
Oradell Swim Club Corp (EIN: 221683270) is a nonprofit organization based in Oradell, NJ, classified under NTEE code N67. The organization reported total revenue of $450K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oradell Swim Club Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oradell Swim Club Corp is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $442K |
| Total Expenses | $393K |
| Surplus / Deficit | +$48K |
| Total Assets | $487K |
| Net Assets | $487K |
| Operating Margin | 11.0% |
| Months of Reserves | 14.8 months |
Financial Health Grade: A
In 2023, Oradell Swim Club Corp reported a surplus of $48K with revenue exceeding expenses, holds 14.8 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2023), Oradell Swim Club Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +7.3% | +11.1% |
| 2022 | +2.1% | +11.1% | +10.1% |
| 2021 | +35.1% | +12.4% | -50.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oradell Swim Club Corp with a Mission Score of 75 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, Oradell Swim Club Corp 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, making it difficult to assess fairness, though overall expenses are reasonable given the 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 Oradell Swim Club Corp's IRS 990 filings:
- Lack of detailed program spending breakdown makes it hard to assess impact.
- No clear public reporting on executive compensation specifics.
- Significant decrease in assets from $811,012 in 2011 to $522,776 in 2023 without clear explanation.
Strengths
The following positive indicators were identified for Oradell Swim Club Corp:
- Consistent revenue generation over the past decade.
- Healthy asset base relative to annual revenue.
- Low fundraising costs, suggesting efficient member engagement.
Frequently Asked Questions about Oradell Swim Club Corp
Is Oradell Swim Club Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Oradell Swim Club Corp (EIN: 221683270) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Oradell Swim Club Corp spend its money?
Oradell Swim Club Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oradell Swim Club Corp tax-deductible?
Oradell Swim Club Corp is registered as a tax-exempt nonprofit (EIN: 221683270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oradell Swim Club Corp's spending goes to programs?
Oradell Swim Club Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oradell Swim Club Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Oradell Swim Club Corp is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oradell Swim Club Corp located?
Oradell Swim Club Corp is headquartered in Oradell, New Jersey and files with the IRS under EIN 221683270. It is classified under NTEE code N67.
How many years of IRS 990 filings does Oradell Swim Club Corp have?
Oradell Swim Club Corp has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $450K in total revenue.
What does Oradell Swim Club Corp do?
Oradell Swim Club Corp is a nonprofit organization in the Recreation & Sports sector, located in Oradell, New Jersey. It is classified under NTEE code N67.
How much revenue does Oradell Swim Club Corp have?
Oradell Swim Club Corp reported total revenue of $449,713. Based on 4 IRS 990 filings on record.
What are Oradell Swim Club Corp's total assets?
Oradell Swim Club Corp holds total assets of $522,776 as reported in IRS 990 filings.
Where is Oradell Swim Club Corp located?
Oradell Swim Club Corp is based in Oradell, New Jersey.
What is Oradell Swim Club Corp's EIN?
Oradell Swim Club Corp's Employer Identification Number (EIN) is 221683270. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Oradell Swim Club Corp?
Oradell Swim Club Corp is classified under NTEE code N67 (Recreation & Sports).
Is Oradell Swim Club Corp a registered 501(c)(3)?
Yes, Oradell Swim Club Corp is recognized as a tax-exempt organization by the IRS. EIN: 221683270.
Does Oradell Swim Club Corp file IRS Form 990?
Yes, Oradell Swim Club Corp has 4 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was Oradell Swim Club Corp's revenue in 2023?
In the 202310 filing period, Oradell Swim Club Corp reported total revenue of $441,925, total expenses of $393,489, and net assets of $486,607.
Is Oradell Swim Club Corp's revenue growing or declining?
Oradell Swim Club Corp's revenue is growing. Revenue went from $405,492 (202210) to $441,925 (202310), a +9.0% change. Based on 4 filings on record.
What is Oradell Swim Club Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Oradell Swim Club Corp covers tax period 202310. It shows revenue of $441,925, expenses of $393,489, total assets of $486,607, and liabilities of N/A.
How much does Oradell Swim Club Corp spend on programs vs administration?
Based on IRS 990 analysis, Oradell Swim Club Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Oradell Swim Club Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Oradell Swim Club Corp appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Oradell Swim Club Corp?
The following concerns were identified: Lack of detailed program spending breakdown makes it hard to assess impact.. No clear public reporting on executive compensation specifics.. Significant decrease in assets from $811,012 in 2011 to $522,776 in 2023 without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Oradell Swim Club Corp's strengths?
Positive indicators for Oradell Swim Club Corp include: Consistent revenue generation over the past decade.. Healthy asset base relative to annual revenue.. Low fundraising costs, suggesting efficient member engagement.. These findings are derived from AI analysis of the organization's financial filings.
How does Oradell Swim Club Corp compensate executives?
Executive compensation is not explicitly detailed in the provided filings, making it difficult to assess fairness, though overall expenses are reasonable given the revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the substantial decrease in assets from $811,012 in 2011 to $522,776 in 2023, and how has this impacted the club's long-term sustainability?
The provided data shows a significant asset reduction, but the filings do not offer a specific explanation for this decline. Understanding the nature of these asset changes (e.g., depreciation, sale of property, or investment losses) is crucial for assessing the club's financial health and future capacity to maintain or expand facilities.
Filing History
IRS 990 filing history for Oradell Swim Club Corp showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2023), Oradell Swim Club Corp's revenue has grown by 50.3%, moving from $294K to $442K. Total assets decreased by 40% over the same period, from $811K to $487K. Total functional expenses rose by 33.9%, from $294K to $393K. In its most recent filing year (2023), Oradell Swim Club Corp reported a surplus of $48K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $442K | $393K | $487K | $0 | — | View 990 |
| 2022 | $405K | $367K | $438K | $0 | — | View 990 |
| 2021 | $397K | $330K | $398K | $0 | — | View 990 |
| 2011 | $294K | $294K | $811K | $556K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $442K, expenses of $393K, and assets of $487K (revenue +9.0% year-over-year).
- 2022: Revenue of $405K, expenses of $367K, and assets of $438K (revenue +2.1% year-over-year).
- 2021: Revenue of $397K, expenses of $330K, and assets of $398K (revenue +35.1% year-over-year).
- 2011: Revenue of $294K, expenses of $294K, and assets of $811K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oradell Swim Club Corp:
Data Sources and Methodology
This transparency report for Oradell Swim Club Corp 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.