South Jersey Aquatic Club
EIN: 473425705 · Voorhees, NJ · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Net Assets | $-338,878 |
Is South Jersey Aquatic Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Jersey Aquatic Club
South Jersey Aquatic Club (EIN: 473425705) is a nonprofit organization based in Voorhees, NJ, classified under NTEE code N67. The organization reported total revenue of $1.5M and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Jersey Aquatic Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Jersey Aquatic Club is a mid-size nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-221,291 |
| Total Assets | $49K |
| Total Liabilities | $388K |
| Net Assets | $-338,878 |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 786.3% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, South Jersey Aquatic Club reported a deficit of $221K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 786.3% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), South Jersey Aquatic Club's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.4% | +6.0% | -70.0% |
| 2022 | +36.2% | +20.7% | -6.5% |
| 2021 | +24.2% | +18.5% | -22.2% |
| 2020 | -16.2% | -7.9% | +75.5% |
| 2019 | +18.6% | +18.8% | +63.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Jersey Aquatic 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 South Jersey Aquatic 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $221K, with expenses exceeding revenue.
- Debt-to-asset ratio: 786.3%.
Frequently Asked Questions about South Jersey Aquatic Club
Is South Jersey Aquatic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, South Jersey Aquatic Club (EIN: 473425705) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Jersey Aquatic Club spend its money?
Detailed spending breakdown data is not yet available for South Jersey Aquatic Club. Check back for updated IRS 990 analysis.
Are donations to South Jersey Aquatic Club tax-deductible?
South Jersey Aquatic Club is registered as a tax-exempt nonprofit (EIN: 473425705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Jersey Aquatic Club located?
South Jersey Aquatic Club is headquartered in Voorhees, New Jersey and files with the IRS under EIN 473425705. It is classified under NTEE code N67.
How many years of IRS 990 filings does South Jersey Aquatic Club have?
South Jersey Aquatic Club has 8 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for South Jersey Aquatic Club showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), South Jersey Aquatic Club's revenue has grown by 250.2%, moving from $390K to $1.4M. Total assets increased by 213.5% over the same period, from $16K to $49K. Total functional expenses rose by 269.3%, from $430K to $1.6M. In its most recent filing year (2023), South Jersey Aquatic Club reported a deficit of $221K, with expenses exceeding revenue. The organization holds $388K in liabilities against $49K in assets (debt-to-asset ratio: 786.3%), resulting in net assets of $-338,878.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $49K | $388K | — | — |
| 2022 | $1.6M | $1.5M | $165K | $284K | — | View 990 |
| 2021 | $1.2M | $1.2M | $176K | $418K | — | View 990 |
| 2020 | $955K | $1.0M | $227K | $414K | — | — |
| 2019 | $1.1M | $1.1M | $129K | $224K | — | View 990 |
| 2018 | $960K | $957K | $79K | $176K | — | View 990 |
| 2017 | $790K | $849K | $79K | $179K | — | View 990 |
| 2016 | $390K | $430K | $16K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.6M, and assets of $49K (revenue -15.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $165K (revenue +36.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $176K (revenue +24.2% year-over-year).
- 2020: Revenue of $955K, expenses of $1.0M, and assets of $227K (revenue -16.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $129K (revenue +18.6% year-over-year).
- 2018: Revenue of $960K, expenses of $957K, and assets of $79K (revenue +21.5% year-over-year).
- 2017: Revenue of $790K, expenses of $849K, and assets of $79K (revenue +102.4% year-over-year).
- 2016: Revenue of $390K, expenses of $430K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Jersey Aquatic Club:
Data Sources and Methodology
This transparency report for South Jersey Aquatic 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.