River Edge Swim Club Inc
River Edge Swim Club: Consistent Operations, Minimal Transparency
EIN: 221682757 · River Edge, NJ · Updated: 2026-04-04
About River Edge Swim Club Inc
River Edge Swim Club Inc (EIN: 221682757) is a nonprofit organization based in River Edge, NJ. The organization reported total revenue of $409K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Edge Swim Club Inc'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 River Edge Swim Club Inc with a Mission Score of 60 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: 80%
- fundraising: 10%
According to IRS 990 filings, River Edge Swim Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 it is likely below the IRS reporting threshold or non-existent, suggesting a volunteer-led or minimally compensated leadership structure.
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 River Edge Swim Club Inc's IRS 990 filings:
- Lack of detailed program information makes it difficult to assess direct impact.
- No explicit mention of executive compensation raises questions about leadership structure and potential for undisclosed benefits.
- The 'c0%' in financial filings, likely indicating no lobbying, is a positive, but overall transparency beyond financials is limited.
Strengths
The following positive indicators were identified for River Edge Swim Club Inc:
- Consistent revenue and expense reporting over multiple years indicates stable financial operations.
- Assets consistently exceed liabilities, suggesting financial solvency.
- The organization has maintained a steady level of activity and financial health over a long period.
Frequently Asked Questions about River Edge Swim Club Inc
What does River Edge Swim Club Inc do?
River Edge Swim Club Inc is a nonprofit organization in the Unknown sector, located in River Edge, New Jersey. It is classified under NTEE code Unknown.
How much revenue does River Edge Swim Club Inc have?
River Edge Swim Club Inc reported total revenue of $408,620. Based on 13 IRS 990 filings on record.
What are River Edge Swim Club Inc's total assets?
River Edge Swim Club Inc holds total assets of $473,885 as reported in IRS 990 filings.
Where is River Edge Swim Club Inc located?
River Edge Swim Club Inc is based in River Edge, New Jersey.
What is River Edge Swim Club Inc's EIN?
River Edge Swim Club Inc's Employer Identification Number (EIN) is 221682757. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is River Edge Swim Club Inc?
River Edge Swim Club Inc is classified under NTEE code Unknown (Unknown).
Is River Edge Swim Club Inc a registered 501(c)(3)?
River Edge Swim Club Inc appears in IRS records (EIN: 221682757). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does River Edge Swim Club Inc file IRS Form 990?
Yes, River Edge Swim Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was River Edge Swim Club Inc's revenue in 2023?
In the 202310 filing period, River Edge Swim Club Inc reported total revenue of $340,422, total expenses of $336,274, and net assets of $481,817.
Is River Edge Swim Club Inc's revenue growing or declining?
River Edge Swim Club Inc's revenue is relatively stable. Revenue went from $340,172 (202210) to $340,422 (202310), a +0.1% change. Based on 13 filings on record.
What is River Edge Swim Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for River Edge Swim Club Inc covers tax period 202310. It shows revenue of $340,422, expenses of $336,274, total assets of $481,817, and liabilities of $137,750.
How much does River Edge Swim Club Inc spend on programs vs administration?
Based on IRS 990 analysis, River Edge Swim Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is River Edge Swim Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, River Edge Swim Club Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for River Edge Swim Club Inc?
The following concerns were identified: Lack of detailed program information makes it difficult to assess direct impact.. No explicit mention of executive compensation raises questions about leadership structure and potential for undisclosed benefits.. The 'c0%' in financial filings, likely indicating no lobbying, is a positive, but overall transparency beyond financials is limited.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are River Edge Swim Club Inc's strengths?
Positive indicators for River Edge Swim Club Inc include: Consistent revenue and expense reporting over multiple years indicates stable financial operations.. Assets consistently exceed liabilities, suggesting financial solvency.. The organization has maintained a steady level of activity and financial health over a long period.. These findings are derived from AI analysis of the organization's financial filings.
How does River Edge Swim Club Inc compensate executives?
Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold or non-existent, suggesting a volunteer-led or minimally compensated leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent financial activity, what are the primary programs or services offered by River Edge Swim Club Inc. that justify its operational expenses?
The provided data only shows financial figures (revenue, expenses, assets, liabilities) but does not detail the specific programs or services. Based on the name, it's likely related to operating a swim club, but further details on membership, facilities, or community engagement are absent.
How does River Edge Swim Club Inc. ensure its mission is being met without clear program descriptions or impact metrics in the available data?
Without explicit program descriptions or impact metrics, it's challenging to assess how the mission is being met. The financial stability suggests ongoing operations, but the effectiveness and reach of its activities cannot be determined from the provided information alone.
Filing History
IRS 990 filing history for River Edge Swim Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), River Edge Swim Club Inc's revenue has declined by 0.1%, moving from $341K to $340K. Total assets decreased by 25.2% over the same period, from $644K to $482K. Total functional expenses fell by 10.3%, from $375K to $336K. In its most recent filing year (2023), River Edge Swim Club Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $138K in liabilities against $482K in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $336K | $482K | $138K | — | View 990 |
| 2022 | $340K | $325K | $505K | $165K | — | View 990 |
| 2021 | $338K | $277K | $477K | $165K | — | View 990 |
| 2020 | $215K | $280K | $415K | $164K | — | — |
| 2019 | $335K | $307K | $517K | $202K | — | View 990 |
| 2018 | $353K | $338K | $507K | $209K | — | View 990 |
| 2017 | $335K | $346K | $505K | $218K | — | View 990 |
| 2016 | $373K | $332K | $526K | $218K | — | View 990 |
| 2015 | $350K | $388K | $499K | $232K | — | View 990 |
| 2014 | $340K | $371K | $538K | $232K | — | View 990 |
| 2013 | $347K | $389K | $572K | $235K | — | View 990 |
| 2012 | $345K | $376K | $615K | $237K | — | View 990 |
| 2011 | $341K | $375K | $644K | $235K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $336K, and assets of $482K (revenue +0.1% year-over-year).
- 2022: Revenue of $340K, expenses of $325K, and assets of $505K (revenue +0.8% year-over-year).
- 2021: Revenue of $338K, expenses of $277K, and assets of $477K (revenue +56.7% year-over-year).
- 2020: Revenue of $215K, expenses of $280K, and assets of $415K (revenue -35.7% year-over-year).
- 2019: Revenue of $335K, expenses of $307K, and assets of $517K (revenue -5.3% year-over-year).
- 2018: Revenue of $353K, expenses of $338K, and assets of $507K (revenue +5.4% year-over-year).
- 2017: Revenue of $335K, expenses of $346K, and assets of $505K (revenue -10.1% year-over-year).
- 2016: Revenue of $373K, expenses of $332K, and assets of $526K (revenue +6.7% year-over-year).
- 2015: Revenue of $350K, expenses of $388K, and assets of $499K (revenue +2.9% year-over-year).
- 2014: Revenue of $340K, expenses of $371K, and assets of $538K (revenue -2.1% year-over-year).
- 2013: Revenue of $347K, expenses of $389K, and assets of $572K (revenue +0.5% year-over-year).
- 2012: Revenue of $345K, expenses of $376K, and assets of $615K (revenue +1.4% year-over-year).
- 2011: Revenue of $341K, expenses of $375K, and assets of $644K.
Data Sources and Methodology
This transparency report for River Edge Swim Club 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.