Sheridan Swim Club
EIN: 370813758 · Quincy, IL · NTEE: N67
Is Sheridan Swim Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sheridan Swim Club
Sheridan Swim Club (EIN: 370813758) is a nonprofit organization based in Quincy, IL, classified under NTEE code N67. The organization reported total revenue of $594K and total assets of $501K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheridan Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Sheridan Swim Club 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 Sheridan Swim Club 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.
Frequently Asked Questions about Sheridan Swim Club
Is Sheridan Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheridan Swim Club (EIN: 370813758) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sheridan Swim Club spend its money?
Detailed spending breakdown data is not yet available for Sheridan Swim Club. Check back for updated IRS 990 analysis.
Are donations to Sheridan Swim Club tax-deductible?
Sheridan Swim Club is registered as a tax-exempt nonprofit (EIN: 370813758). 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 Sheridan Swim Club showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Sheridan Swim Club's revenue has grown by 23.2%, moving from $457K to $563K. Total assets decreased by 8.5% over the same period, from $599K to $548K. Total functional expenses rose by 1.2%, from $516K to $522K. In its most recent filing year (2024), Sheridan Swim Club reported a surplus of $41K, with revenue exceeding expenses. The organization holds $264K in liabilities against $548K in assets (debt-to-asset ratio: 48.3%), resulting in net assets of $283K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $563K | $522K | $548K | $264K | — | — |
| 2023 | $559K | $540K | $534K | $291K | — | — |
| 2022 | $586K | $451K | $633K | $410K | — | View 990 |
| 2021 | $457K | $516K | $599K | $510K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $563K, expenses of $522K, and assets of $548K (revenue +0.8% year-over-year).
- 2023: Revenue of $559K, expenses of $540K, and assets of $534K (revenue -4.6% year-over-year).
- 2022: Revenue of $586K, expenses of $451K, and assets of $633K (revenue +28.2% year-over-year).
- 2021: Revenue of $457K, expenses of $516K, and assets of $599K.
Data Sources and Methodology
This transparency report for Sheridan 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.