Swanson Highlands Swimming Pool Inc
EIN: 356007361 · South Bend, IN · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $86K |
| Net Assets | $162K |
Is Swanson Highlands Swimming Pool Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Swanson Highlands Swimming Pool Inc
Swanson Highlands Swimming Pool Inc (EIN: 356007361) is a nonprofit organization based in South Bend, IN, classified under NTEE code N50. The organization reported total revenue of $123K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swanson Highlands Swimming Pool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swanson Highlands Swimming Pool Inc is a small nonprofit that has been operating for 7 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $86K |
| Surplus / Deficit | +$2K |
| Total Assets | $162K |
| Net Assets | $162K |
| Operating Margin | 1.8% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Swanson Highlands Swimming Pool Inc reported a surplus of $2K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Swanson Highlands Swimming Pool Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -11.1% | +0.4% |
| 2022 | -25.5% | +15.2% | -4.7% |
| 2021 | +64.9% | +33.0% | +26.4% |
| 2020 | +5.0% | -8.1% | +7.4% |
| 2019 | -25.9% | -19.2% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Swanson Highlands Swimming Pool Inc 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 Swanson Highlands Swimming Pool Inc 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 surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Swanson Highlands Swimming Pool Inc
Is Swanson Highlands Swimming Pool Inc a legitimate charity?
Swanson Highlands Swimming Pool Inc (EIN: 356007361) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $123K. No red flags identified. Financial health grade: A.
How does Swanson Highlands Swimming Pool Inc spend its money?
Swanson Highlands Swimming Pool Inc reported $123K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Swanson Highlands Swimming Pool Inc tax-deductible?
Swanson Highlands Swimming Pool Inc is registered as a tax-exempt nonprofit (EIN: 356007361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Swanson Highlands Swimming Pool Inc located?
Swanson Highlands Swimming Pool Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 356007361. It is classified under NTEE code N50.
How many years of IRS 990 filings does Swanson Highlands Swimming Pool Inc have?
Swanson Highlands Swimming Pool Inc has 11 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 $123K in total revenue.
Filing History
IRS 990 filing history for Swanson Highlands Swimming Pool Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Swanson Highlands Swimming Pool Inc's revenue has grown by 24.2%, moving from $71K to $88K. Total assets increased by 7.9% over the same period, from $150K to $162K. Total functional expenses rose by 12.9%, from $76K to $86K. In its most recent filing year (2023), Swanson Highlands Swimming Pool Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $86K | $162K | $0 | — | — |
| 2022 | $89K | $97K | $161K | $1K | — | View 990 |
| 2021 | $120K | $84K | $169K | $1K | — | View 990 |
| 2020 | $73K | $63K | $134K | $0 | — | View 990 |
| 2019 | $69K | $69K | $125K | $0 | — | View 990 |
| 2018 | $93K | $85K | $123K | $0 | — | View 990 |
| 2016 | $86K | $107K | $101K | $9K | — | — |
| 2014 | $80K | $82K | $132K | $0 | — | View 990 |
| 2013 | $95K | $97K | $134K | $383 | — | View 990 |
| 2012 | $80K | $94K | $136K | $0 | — | View 990 |
| 2011 | $71K | $76K | $150K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $86K, and assets of $162K (revenue -1.3% year-over-year).
- 2022: Revenue of $89K, expenses of $97K, and assets of $161K (revenue -25.5% year-over-year).
- 2021: Revenue of $120K, expenses of $84K, and assets of $169K (revenue +64.9% year-over-year).
- 2020: Revenue of $73K, expenses of $63K, and assets of $134K (revenue +5.0% year-over-year).
- 2019: Revenue of $69K, expenses of $69K, and assets of $125K (revenue -25.9% year-over-year).
- 2018: Revenue of $93K, expenses of $85K, and assets of $123K (revenue +7.9% year-over-year).
- 2016: Revenue of $86K, expenses of $107K, and assets of $101K (revenue +7.8% year-over-year).
- 2014: Revenue of $80K, expenses of $82K, and assets of $132K (revenue -15.6% year-over-year).
- 2013: Revenue of $95K, expenses of $97K, and assets of $134K (revenue +19.1% year-over-year).
- 2012: Revenue of $80K, expenses of $94K, and assets of $136K (revenue +12.6% year-over-year).
- 2011: Revenue of $71K, expenses of $76K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swanson Highlands Swimming Pool Inc:
Data Sources and Methodology
This transparency report for Swanson Highlands Swimming Pool Inc 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.