Southern Kentucky Swim Club Ofbowling Green
Southern Kentucky Swim Club shows consistent growth and strong financial health with zero officer compensation.
EIN: 208711035 · Bowling Green, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $109K |
| Program Spending | 90% |
| Net Assets | $113K |
| Transparency Score | 92/100 |
Is Southern Kentucky Swim Club Ofbowling Green Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Kentucky Swim Club Ofbowling Green directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Kentucky Swim Club Ofbowling Green
Southern Kentucky Swim Club Ofbowling Green (EIN: 208711035) is a nonprofit organization based in Bowling Green, KY. The organization reported total revenue of $173K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Kentucky Swim Club Ofbowling Green's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Kentucky Swim Club Ofbowling Green is a small nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $109K |
| Surplus / Deficit | +$58K |
| Total Assets | $113K |
| Net Assets | $113K |
| Operating Margin | 34.8% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Southern Kentucky Swim Club Ofbowling Green reported a surplus of $58K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2023), Southern Kentucky Swim Club Ofbowling Green's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.7% | +7.9% | +107.9% |
| 2022 | +77.5% | — | +217.7% |
| 2020 | -28.7% | -100.0% | -27.6% |
| 2019 | -19.5% | -13.1% | -22.5% |
| 2018 | +8.2% | -2.0% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Southern Kentucky Swim Club Ofbowling Green with a Mission Score of 92 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Southern Kentucky Swim Club Ofbowling Green allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization. This is highly efficient as all funds can be directed towards the organization's mission rather than salaries.
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.
Strengths
The following positive indicators were identified for Southern Kentucky Swim Club Ofbowling Green:
- Consistent revenue growth, with revenue increasing from $78,263 in 202009 to $167,626 in 202309.
- Strong asset growth, from $17,033 in 202009 to $112,516 in 202309.
- Zero liabilities reported in recent periods (202309, 202209, 202009, 201909, 201208), indicating excellent financial management.
- 0% officer compensation across all reported periods, demonstrating high efficiency and volunteer commitment.
- Consistent surpluses in recent years, such as $167,626 revenue vs. $109,228 expenses in 202309.
Frequently Asked Questions about Southern Kentucky Swim Club Ofbowling Green
Is Southern Kentucky Swim Club Ofbowling Green a legitimate charity?
Southern Kentucky Swim Club Ofbowling Green (EIN: 208711035) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $173K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Southern Kentucky Swim Club Ofbowling Green spend its money?
Southern Kentucky Swim Club Ofbowling Green directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Southern Kentucky Swim Club Ofbowling Green tax-deductible?
Southern Kentucky Swim Club Ofbowling Green is registered as a tax-exempt nonprofit (EIN: 208711035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Kentucky Swim Club Ofbowling Green located?
Southern Kentucky Swim Club Ofbowling Green is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 208711035.
How many years of IRS 990 filings does Southern Kentucky Swim Club Ofbowling Green have?
Southern Kentucky Swim Club Ofbowling Green has 9 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 $173K in total revenue.
Is Southern Kentucky Swim Club Ofbowling Green a good charity?
Based on the provided financial data, Southern Kentucky Swim Club Ofbowling Green appears to be a very good charity. It consistently generates surpluses, has growing assets, and reports zero liabilities in recent years. The absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement, particularly in recent years. Assets have grown from $17,033 in 202009 to $112,516 in 202309. Revenue has also increased from $78,263 in 202009 to $167,626 in 202309, consistently exceeding expenses in the latest periods.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all nine filing periods, indicating that its leadership is entirely volunteer-based. This is an excellent practice for maximizing funds directed to programs.
Filing History
IRS 990 filing history for Southern Kentucky Swim Club Ofbowling Green showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Southern Kentucky Swim Club Ofbowling Green's revenue has grown by 80.5%, moving from $93K to $168K. Total assets increased by 235.2% over the same period, from $34K to $113K. Total functional expenses rose by 32.5%, from $82K to $109K. In its most recent filing year (2023), Southern Kentucky Swim Club Ofbowling Green reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $109K | $113K | $0 | — | View 990 |
| 2022 | $139K | $101K | $54K | $0 | — | View 990 |
| 2020 | $78K | $0 | $17K | $0 | — | View 990 |
| 2019 | $110K | $113K | $24K | $0 | — | View 990 |
| 2018 | $136K | $130K | $30K | $4K | — | View 990 |
| 2017 | $126K | $133K | $22K | $2K | — | View 990 |
| 2016 | $92K | $89K | $29K | $2K | — | View 990 |
| 2012 | $76K | $82K | $27K | $0 | — | View 990 |
| 2011 | $93K | $82K | $34K | $118 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $109K, and assets of $113K (revenue +20.7% year-over-year).
- 2022: Revenue of $139K, expenses of $101K, and assets of $54K (revenue +77.5% year-over-year).
- 2020: Revenue of $78K, expenses of $0, and assets of $17K (revenue -28.7% year-over-year).
- 2019: Revenue of $110K, expenses of $113K, and assets of $24K (revenue -19.5% year-over-year).
- 2018: Revenue of $136K, expenses of $130K, and assets of $30K (revenue +8.2% year-over-year).
- 2017: Revenue of $126K, expenses of $133K, and assets of $22K (revenue +37.3% year-over-year).
- 2016: Revenue of $92K, expenses of $89K, and assets of $29K (revenue +21.4% year-over-year).
- 2012: Revenue of $76K, expenses of $82K, and assets of $27K (revenue -18.6% year-over-year).
- 2011: Revenue of $93K, expenses of $82K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Kentucky Swim Club Ofbowling Green:
Data Sources and Methodology
This transparency report for Southern Kentucky Swim Club Ofbowling Green 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.