Prince Georges Swimming Pool Inc
EIN: 520676821 · Mount Rainier, MD
Is Prince Georges Swimming Pool Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prince Georges Swimming Pool Inc
Prince Georges Swimming Pool Inc (EIN: 520676821) is a nonprofit organization based in Mount Rainier, MD. The organization reported total revenue of $672K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prince Georges Swimming Pool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prince Georges Swimming Pool Inc is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $627K |
| Total Expenses | $493K |
| Surplus / Deficit | +$134K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 21.3% |
| Months of Reserves | 34.6 months |
Financial Health Grade: A
In 2023, Prince Georges Swimming Pool Inc reported a surplus of $134K with revenue exceeding expenses, holds 34.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Prince Georges Swimming Pool Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | -3.8% | +10.3% |
| 2022 | +11.3% | -3.3% | +9.8% |
| 2021 | +115.6% | +32.7% | +3.2% |
| 2020 | -51.7% | -20.5% | -10.7% |
| 2019 | +1.7% | +4.7% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prince Georges Swimming Pool Inc 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 Prince Georges Swimming Pool Inc 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 surplus of $134K, with revenue exceeding expenses.
Frequently Asked Questions about Prince Georges Swimming Pool Inc
Is Prince Georges Swimming Pool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prince Georges Swimming Pool Inc (EIN: 520676821) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prince Georges Swimming Pool Inc spend its money?
Detailed spending breakdown data is not yet available for Prince Georges Swimming Pool Inc. Check back for updated IRS 990 analysis.
Are donations to Prince Georges Swimming Pool Inc tax-deductible?
Prince Georges Swimming Pool Inc is registered as a tax-exempt nonprofit (EIN: 520676821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Prince Georges Swimming Pool Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Prince Georges Swimming Pool Inc's revenue has grown by 47.4%, moving from $425K to $627K. Total assets increased by 67% over the same period, from $852K to $1.4M. Total functional expenses rose by 37.2%, from $359K to $493K. In its most recent filing year (2023), Prince Georges Swimming Pool Inc reported a surplus of $134K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $627K | $493K | $1.4M | $0 | — | — |
| 2022 | $629K | $512K | $1.3M | $0 | — | View 990 |
| 2021 | $566K | $530K | $1.2M | $0 | — | View 990 |
| 2020 | $262K | $399K | $1.1M | $0 | — | View 990 |
| 2019 | $543K | $502K | $1.3M | $0 | — | — |
| 2018 | $534K | $480K | $1.2M | $0 | — | View 990 |
| 2017 | $537K | $489K | $1.2M | $0 | — | View 990 |
| 2016 | $588K | $476K | $1.2M | $27K | — | View 990 |
| 2015 | $508K | $428K | $1.1M | $38K | — | View 990 |
| 2014 | $492K | $406K | $937K | $0 | — | View 990 |
| 2012 | $398K | $311K | $841K | $46K | — | View 990 |
| 2011 | $425K | $359K | $852K | $144K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $627K, expenses of $493K, and assets of $1.4M (revenue -0.4% year-over-year).
- 2022: Revenue of $629K, expenses of $512K, and assets of $1.3M (revenue +11.3% year-over-year).
- 2021: Revenue of $566K, expenses of $530K, and assets of $1.2M (revenue +115.6% year-over-year).
- 2020: Revenue of $262K, expenses of $399K, and assets of $1.1M (revenue -51.7% year-over-year).
- 2019: Revenue of $543K, expenses of $502K, and assets of $1.3M (revenue +1.7% year-over-year).
- 2018: Revenue of $534K, expenses of $480K, and assets of $1.2M (revenue -0.5% year-over-year).
- 2017: Revenue of $537K, expenses of $489K, and assets of $1.2M (revenue -8.7% year-over-year).
- 2016: Revenue of $588K, expenses of $476K, and assets of $1.2M (revenue +15.8% year-over-year).
- 2015: Revenue of $508K, expenses of $428K, and assets of $1.1M (revenue +3.3% year-over-year).
- 2014: Revenue of $492K, expenses of $406K, and assets of $937K (revenue +23.6% year-over-year).
- 2012: Revenue of $398K, expenses of $311K, and assets of $841K (revenue -6.3% year-over-year).
- 2011: Revenue of $425K, expenses of $359K, and assets of $852K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prince Georges Swimming Pool Inc:
Data Sources and Methodology
This transparency report for Prince Georges Swimming Pool Inc 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.