Roycefield Swim Club
Roycefield Swim Club: Stable Finances, Community Focus
EIN: 221699480 · Hillsborough, NJ · Updated: 2026-04-04
Is Roycefield Swim Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roycefield Swim Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roycefield Swim Club
Roycefield Swim Club (EIN: 221699480) is a nonprofit organization based in Hillsborough, NJ. The organization reported total revenue of $160K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roycefield 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 Roycefield Swim Club 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: 80%
- fundraising: 10%
According to IRS 990 filings, Roycefield Swim Club 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
According to the 2023 Form 990-EZ, Roycefield Swim Club reported $0 in compensation for officers, directors, trustees, and key employees, indicating a volunteer-led or very low-cost administrative 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 Roycefield Swim Club's IRS 990 filings:
- The organization's net assets have shown a consistent decline from $382,315 in 2016 to $229,420 in 2023, which warrants further investigation into the cause and sustainability.
- Program service accomplishments are not detailed enough in the provided data to fully understand the scope and impact of their activities.
Strengths
The following positive indicators were identified for Roycefield Swim Club:
- Consistent revenue generation, averaging around $170,000 annually, demonstrates a stable funding base.
- Low administrative and fundraising costs, as implied by the $0 executive compensation and the nature of a swim club, suggest efficient use of funds.
- Long operational history with consistent filings indicates organizational stability and compliance.
Frequently Asked Questions about Roycefield Swim Club
Is Roycefield Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Roycefield Swim Club (EIN: 221699480) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Roycefield Swim Club spend its money?
Roycefield Swim Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roycefield Swim Club tax-deductible?
Roycefield Swim Club is registered as a tax-exempt nonprofit (EIN: 221699480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Roycefield Swim Club do?
Roycefield Swim Club is a nonprofit organization in the Unknown sector, located in Hillsborough, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Roycefield Swim Club have?
Roycefield Swim Club reported total revenue of $159,801. Based on 13 IRS 990 filings on record.
What are Roycefield Swim Club's total assets?
Roycefield Swim Club holds total assets of $163,647 as reported in IRS 990 filings.
Where is Roycefield Swim Club located?
Roycefield Swim Club is based in Hillsborough, New Jersey.
What is Roycefield Swim Club's EIN?
Roycefield Swim Club's Employer Identification Number (EIN) is 221699480. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Roycefield Swim Club?
Roycefield Swim Club is classified under NTEE code Unknown (Unknown).
Is Roycefield Swim Club a registered 501(c)(3)?
Roycefield Swim Club appears in IRS records (EIN: 221699480). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Roycefield Swim Club file IRS Form 990?
Yes, Roycefield Swim Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Roycefield Swim Club's revenue in 2023?
In the 202312 filing period, Roycefield Swim Club reported total revenue of $169,192, total expenses of $178,469, and net assets of $229,420.
Is Roycefield Swim Club's revenue growing or declining?
Roycefield Swim Club's revenue is relatively stable. Revenue went from $166,420 (202212) to $169,192 (202312), a +1.7% change. Based on 13 filings on record.
What is Roycefield Swim Club's most recent 990 filing?
The most recent IRS Form 990 filing for Roycefield Swim Club covers tax period 202312. It shows revenue of $169,192, expenses of $178,469, total assets of $229,420, and liabilities of $56,519.
How much does Roycefield Swim Club spend on programs vs administration?
Based on IRS 990 analysis, Roycefield Swim Club allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Roycefield Swim Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Roycefield Swim Club appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Roycefield Swim Club?
The following concerns were identified: The organization's net assets have shown a consistent decline from $382,315 in 2016 to $229,420 in 2023, which warrants further investigation into the cause and sustainability.. Program service accomplishments are not detailed enough in the provided data to fully understand the scope and impact of their activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Roycefield Swim Club's strengths?
Positive indicators for Roycefield Swim Club include: Consistent revenue generation, averaging around $170,000 annually, demonstrates a stable funding base.. Low administrative and fundraising costs, as implied by the $0 executive compensation and the nature of a swim club, suggest efficient use of funds.. Long operational history with consistent filings indicates organizational stability and compliance.. These findings are derived from AI analysis of the organization's financial filings.
How does Roycefield Swim Club compensate executives?
According to the 2023 Form 990-EZ, Roycefield Swim Club reported $0 in compensation for officers, directors, trustees, and key employees, indicating a volunteer-led or very low-cost administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in net assets, what is the long-term financial strategy to ensure the club's sustainability and potential capital improvements?
The decline in net assets from $382,315 in 2016 to $229,420 in 2023 suggests that expenses have frequently exceeded revenues or that significant asset depreciation has occurred. A detailed financial plan addressing this trend would be crucial for future stability.
How does the Roycefield Swim Club measure and report the impact of its programs on the community, beyond basic financial statements?
While financial data is available, the provided information lacks specific metrics or narratives on program impact, such as membership growth, community engagement, or specific benefits derived by participants. This information would enhance transparency and demonstrate mission effectiveness.
Filing History
IRS 990 filing history for Roycefield Swim Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roycefield Swim Club's revenue has grown by 9%, moving from $155K to $169K. Total assets decreased by 17.1% over the same period, from $277K to $229K. Total functional expenses rose by 13.3%, from $158K to $178K. In its most recent filing year (2023), Roycefield Swim Club reported a deficit of $9K, with expenses exceeding revenue. The organization holds $57K in liabilities against $229K in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $178K | $229K | $57K | — | View 990 |
| 2022 | $166K | $170K | $253K | $68K | — | View 990 |
| 2021 | $185K | $157K | $277K | $78K | — | — |
| 2020 | $174K | $137K | $273K | $88K | — | View 990 |
| 2019 | $162K | $181K | $244K | $99K | — | View 990 |
| 2018 | $167K | $172K | $300K | $107K | — | View 990 |
| 2017 | $170K | $219K | $314K | $116K | — | View 990 |
| 2016 | $181K | $143K | $382K | $125K | — | View 990 |
| 2015 | $184K | $146K | $347K | $133K | — | View 990 |
| 2014 | $160K | $139K | $305K | $141K | — | View 990 |
| 2013 | $169K | $171K | $283K | $149K | — | View 990 |
| 2012 | $159K | $158K | $299K | $169K | — | View 990 |
| 2011 | $155K | $158K | $277K | $162K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $178K, and assets of $229K (revenue +1.7% year-over-year).
- 2022: Revenue of $166K, expenses of $170K, and assets of $253K (revenue -10.3% year-over-year).
- 2021: Revenue of $185K, expenses of $157K, and assets of $277K (revenue +6.5% year-over-year).
- 2020: Revenue of $174K, expenses of $137K, and assets of $273K (revenue +7.4% year-over-year).
- 2019: Revenue of $162K, expenses of $181K, and assets of $244K (revenue -3.2% year-over-year).
- 2018: Revenue of $167K, expenses of $172K, and assets of $300K (revenue -1.5% year-over-year).
- 2017: Revenue of $170K, expenses of $219K, and assets of $314K (revenue -5.9% year-over-year).
- 2016: Revenue of $181K, expenses of $143K, and assets of $382K (revenue -2.0% year-over-year).
- 2015: Revenue of $184K, expenses of $146K, and assets of $347K (revenue +15.2% year-over-year).
- 2014: Revenue of $160K, expenses of $139K, and assets of $305K (revenue -5.4% year-over-year).
- 2013: Revenue of $169K, expenses of $171K, and assets of $283K (revenue +6.7% year-over-year).
- 2012: Revenue of $159K, expenses of $158K, and assets of $299K (revenue +2.1% year-over-year).
- 2011: Revenue of $155K, expenses of $158K, and assets of $277K.
Data Sources and Methodology
This transparency report for Roycefield 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.