Seacoast Swimming Assoc
Seacoast Swimming Assoc: Consistent Operations, Modest Reserves
EIN: 222485093 · Dover, NH · NTEE: N60Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $333K |
| Total Expenses | $348K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0, |
| Net Assets | $192K |
| Transparency Score | 75/100 |
Is Seacoast Swimming Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Swimming Assoc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Seacoast Swimming Assoc
Seacoast Swimming Assoc (EIN: 222485093) is a nonprofit organization based in Dover, NH, classified under NTEE code N60Z. The organization reported total revenue of $333K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Swimming Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Swimming Assoc is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $333K |
| Total Expenses | $348K |
| Surplus / Deficit | $-14,763 |
| Total Assets | $192K |
| Net Assets | $192K |
| Operating Margin | -4.4% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2022, Seacoast Swimming Assoc reported a deficit of $15K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Seacoast Swimming Assoc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -20.6% | -8.6% | -7.1% |
| 2021 | +55.0% | +26.6% | +23.2% |
| 2020 | -27.1% | -23.6% | -15.0% |
| 2019 | -20.2% | -17.3% | -10.9% |
| 2018 | +1.9% | +9.2% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Seacoast Swimming Assoc 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Seacoast Swimming Assoc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'l' (loans to officers) field consistently shows $0, suggesting no direct loans to executives.
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 Seacoast Swimming Assoc's IRS 990 filings:
- Expenses consistently exceed revenue in recent years (e.g., 2022: revenue $333,009, expenses $347,772), leading to a slight decrease in assets.
Strengths
The following positive indicators were identified for Seacoast Swimming Assoc:
- Stable asset base over multiple years, indicating financial resilience despite minor fluctuations.
- Consistent operational history since at least 2015, demonstrating long-term viability.
- No reported loans to officers or other disqualified persons, suggesting good governance.
Frequently Asked Questions about Seacoast Swimming Assoc
Is Seacoast Swimming Assoc a legitimate charity?
Seacoast Swimming Assoc (EIN: 222485093) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $333K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Seacoast Swimming Assoc spend its money?
Seacoast Swimming Assoc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Seacoast Swimming Assoc tax-deductible?
Seacoast Swimming Assoc is registered as a tax-exempt nonprofit (EIN: 222485093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seacoast Swimming Assoc CEO make?
Seacoast Swimming Assoc's highest-compensated officer earns $0, annually. The organization reported $333K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seacoast Swimming Assoc's spending goes to programs?
Seacoast Swimming Assoc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Seacoast Swimming Assoc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Seacoast Swimming Assoc is above average for NTEE category N60Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seacoast Swimming Assoc located?
Seacoast Swimming Assoc is headquartered in Dover, New Hampshire and files with the IRS under EIN 222485093. It is classified under NTEE code N60Z.
How many years of IRS 990 filings does Seacoast Swimming Assoc have?
Seacoast Swimming Assoc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $333K in total revenue.
What does Seacoast Swimming Assoc do?
Seacoast Swimming Assoc is a nonprofit organization in the Recreation & Sports sector, located in Dover, New Hampshire. It is classified under NTEE code N60Z.
How much revenue does Seacoast Swimming Assoc have?
Seacoast Swimming Assoc reported total revenue of $333,009. Based on 12 IRS 990 filings on record.
What are Seacoast Swimming Assoc's total assets?
Seacoast Swimming Assoc holds total assets of $192,214 as reported in IRS 990 filings.
Where is Seacoast Swimming Assoc located?
Seacoast Swimming Assoc is based in Dover, New Hampshire.
What is Seacoast Swimming Assoc's EIN?
Seacoast Swimming Assoc's Employer Identification Number (EIN) is 222485093. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Seacoast Swimming Assoc?
Seacoast Swimming Assoc is classified under NTEE code N60Z (Recreation & Sports).
Is Seacoast Swimming Assoc a registered 501(c)(3)?
Yes, Seacoast Swimming Assoc is recognized as a tax-exempt organization by the IRS. EIN: 222485093.
Does Seacoast Swimming Assoc file IRS Form 990?
Yes, Seacoast Swimming Assoc has 12 IRS Form 990 filings on record. The most recent covers tax period 202208.
What was Seacoast Swimming Assoc's revenue in 2022?
In the 202208 filing period, Seacoast Swimming Assoc reported total revenue of $333,009, total expenses of $347,772, and net assets of $192,214.
Is Seacoast Swimming Assoc's revenue growing or declining?
Seacoast Swimming Assoc's revenue is declining. Revenue went from $419,549 (202108) to $333,009 (202208), a -20.6% change. Based on 12 filings on record.
What is Seacoast Swimming Assoc's most recent 990 filing?
The most recent IRS Form 990 filing for Seacoast Swimming Assoc covers tax period 202208. It shows revenue of $333,009, expenses of $347,772, total assets of $192,214, and liabilities of N/A.
How much does Seacoast Swimming Assoc spend on programs vs administration?
Based on IRS 990 analysis, Seacoast Swimming Assoc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Seacoast Swimming Assoc a trustworthy charity?
Based on AI analysis of IRS 990 data, Seacoast Swimming Assoc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Seacoast Swimming Assoc?
The following concerns were identified: Expenses consistently exceed revenue in recent years (e.g., 2022: revenue $333,009, expenses $347,772), leading to a slight decrease in assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Seacoast Swimming Assoc's strengths?
Positive indicators for Seacoast Swimming Assoc include: Stable asset base over multiple years, indicating financial resilience despite minor fluctuations.. Consistent operational history since at least 2015, demonstrating long-term viability.. No reported loans to officers or other disqualified persons, suggesting good governance.. These findings are derived from AI analysis of the organization's financial filings.
How does Seacoast Swimming Assoc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'l' (loans to officers) field consistently shows $0, suggesting no direct loans to executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the long-term strategy for addressing the recurring deficit where expenses exceed revenue, as seen in 2022 ($347,772 expenses vs. $333,009 revenue)?
The organization has consistently operated with expenses slightly exceeding revenue in several years, yet maintains a stable asset base. This suggests either strategic use of reserves or other unreported income streams, but a clear strategy for sustained profitability is not evident from the provided data.
Filing History
IRS 990 filing history for Seacoast Swimming Assoc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Seacoast Swimming Assoc's revenue has grown by 17.3%, moving from $284K to $333K. Total assets increased by 61.9% over the same period, from $119K to $192K. Total functional expenses rose by 28.6%, from $270K to $348K. In its most recent filing year (2022), Seacoast Swimming Assoc reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $333K | $348K | $192K | $0 | — | View 990 |
| 2021 | $420K | $381K | $207K | $0 | — | View 990 |
| 2020 | $271K | $301K | $168K | $0 | — | View 990 |
| 2019 | $371K | $394K | $198K | $0 | — | View 990 |
| 2018 | $465K | $476K | $222K | $2K | — | View 990 |
| 2017 | $456K | $436K | $236K | $4K | — | View 990 |
| 2016 | $422K | $404K | $213K | $3K | — | View 990 |
| 2015 | $457K | $438K | $194K | $912 | — | View 990 |
| 2014 | $450K | $426K | $181K | $7K | — | View 990 |
| 2013 | $379K | $351K | $156K | $5K | — | View 990 |
| 2012 | $335K | $331K | $127K | $4K | — | View 990 |
| 2011 | $284K | $270K | $119K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $333K, expenses of $348K, and assets of $192K (revenue -20.6% year-over-year).
- 2021: Revenue of $420K, expenses of $381K, and assets of $207K (revenue +55.0% year-over-year).
- 2020: Revenue of $271K, expenses of $301K, and assets of $168K (revenue -27.1% year-over-year).
- 2019: Revenue of $371K, expenses of $394K, and assets of $198K (revenue -20.2% year-over-year).
- 2018: Revenue of $465K, expenses of $476K, and assets of $222K (revenue +1.9% year-over-year).
- 2017: Revenue of $456K, expenses of $436K, and assets of $236K (revenue +8.2% year-over-year).
- 2016: Revenue of $422K, expenses of $404K, and assets of $213K (revenue -7.7% year-over-year).
- 2015: Revenue of $457K, expenses of $438K, and assets of $194K (revenue +1.6% year-over-year).
- 2014: Revenue of $450K, expenses of $426K, and assets of $181K (revenue +18.7% year-over-year).
- 2013: Revenue of $379K, expenses of $351K, and assets of $156K (revenue +12.9% year-over-year).
- 2012: Revenue of $335K, expenses of $331K, and assets of $127K (revenue +18.1% year-over-year).
- 2011: Revenue of $284K, expenses of $270K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Swimming Assoc:
Data Sources and Methodology
This transparency report for Seacoast Swimming Assoc 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.