Swift Diamond Riders

Swift Diamond Riders maintains stable assets and zero executive compensation amidst fluctuating revenues.

EIN: 20456208 · Colebrook, NH · Updated: 2026-03-28

$387KRevenue

$469KAssets

85/100Mission Score (Excellent)

About Swift Diamond Riders

Swift Diamond Riders (EIN: 20456208) is a nonprofit organization based in Colebrook, NH. The organization reported total revenue of $387K and total assets of $469K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swift Diamond Riders's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Swift Diamond Riders demonstrates a fluctuating but generally stable financial position over the past decade. While revenue and expenses have varied significantly year-to-year, the organization consistently maintains a healthy asset base, with assets of $544,148 in 2024 and $634,894 in 2023, comfortably exceeding liabilities. The organization's financial health appears robust enough to support its operations, despite some years where expenses outpaced revenue, such as in 2024 where expenses were $242,008 against revenues of $169,962.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds at the executive level and suggests a volunteer-driven leadership structure. This practice significantly reduces overhead costs that can often consume a large portion of a nonprofit's budget.

Transparency is high regarding executive compensation, with zero reported. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and public disclosure of financial activities. However, without specific NTEE codes or detailed expense categories, a complete understanding of their program impact and operational efficiency remains somewhat limited. Further transparency could be achieved by providing more granular expense data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Swift Diamond Riders with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Swift Diamond Riders allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization and highly efficient use of funds at the leadership level relative to its size and revenue.

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 Swift Diamond Riders's IRS 990 filings:

Significant year-over-year revenue and expense fluctuations, making financial forecasting challenging (e.g., revenue from $356,761 in 2023 to $169,962 in 2024).
Expenses exceeded revenue in several recent periods (e.g., 2024: Expenses $242,008 vs. Revenue $169,962; 2022: Expenses $171,847 vs. Revenue $146,584).

Strengths

The following positive indicators were identified for Swift Diamond Riders:

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., $544,148 assets vs. $67,984 liabilities in 2024).
Long history of IRS 990 filings (14 filings), indicating commitment to transparency and compliance.
Ability to maintain operations despite revenue fluctuations, suggesting effective financial management.

Frequently Asked Questions about Swift Diamond Riders

Is Swift Diamond Riders a good charity?

Based on the provided data, Swift Diamond Riders appears to be a well-managed organization with strong financial stability (assets of $544,148 in 2024) and excellent transparency regarding executive compensation (0% reported). Its consistent filing history also suggests good governance.

How does Swift Diamond Riders manage its executive compensation?

Swift Diamond Riders reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based, which is a significant positive for donor confidence and operational efficiency.

What is the financial trend of Swift Diamond Riders?

The organization experiences significant year-to-year fluctuations in revenue and expenses, for example, revenue dropped from $356,761 in 2023 to $169,962 in 2024. However, it consistently maintains a healthy asset base, demonstrating financial resilience.

Are Swift Diamond Riders' assets growing?

Assets have fluctuated, reaching a high of $634,894 in 2023 before decreasing to $544,148 in 2024. While not consistently growing, the organization maintains a substantial asset base relative to its liabilities.

Filing History

IRS 990 filing history for Swift Diamond Riders showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Swift Diamond Riders's revenue has declined by 34.2%, moving from $258K to $170K. Total assets increased by 2.4% over the same period, from $531K to $544K. Total functional expenses rose by 19.3%, from $203K to $242K. In its most recent filing year (2024), Swift Diamond Riders reported a deficit of $72K, with expenses exceeding revenue. The organization holds $68K in liabilities against $544K in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $476K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$170K	$242K	$544K	$68K	—	—
2023	$357K	$199K	$635K	$87K	—	—
2022	$147K	$172K	$438K	$48K	—	View 990
2021	$190K	$209K	$479K	$64K	—	View 990
2020	$207K	$217K	$512K	$76K	—	View 990
2019	$333K	$233K	$515K	$69K	—	—
2018	$258K	$267K	$348K	$3K	—	View 990
2017	$269K	$249K	$379K	$24K	—	View 990
2016	$127K	$178K	$376K	$41K	—	View 990
2015	$290K	$279K	$434K	$50K	—	View 990
2014	$153K	$214K	$445K	$70K	—	View 990
2013	$155K	$197K	$437K	$1K	—	View 990
2012	$149K	$203K	$481K	$3K	—	View 990
2011	$258K	$203K	$531K	$150	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $170K, expenses of $242K, and assets of $544K (revenue -52.4% year-over-year).
2023: Revenue of $357K, expenses of $199K, and assets of $635K (revenue +143.4% year-over-year).
2022: Revenue of $147K, expenses of $172K, and assets of $438K (revenue -22.8% year-over-year).
2021: Revenue of $190K, expenses of $209K, and assets of $479K (revenue -8.3% year-over-year).
2020: Revenue of $207K, expenses of $217K, and assets of $512K (revenue -37.8% year-over-year).
2019: Revenue of $333K, expenses of $233K, and assets of $515K (revenue +28.9% year-over-year).
2018: Revenue of $258K, expenses of $267K, and assets of $348K (revenue -4.3% year-over-year).
2017: Revenue of $269K, expenses of $249K, and assets of $379K (revenue +111.5% year-over-year).
2016: Revenue of $127K, expenses of $178K, and assets of $376K (revenue -56.0% year-over-year).
2015: Revenue of $290K, expenses of $279K, and assets of $434K (revenue +89.2% year-over-year).
2014: Revenue of $153K, expenses of $214K, and assets of $445K (revenue -1.3% year-over-year).
2013: Revenue of $155K, expenses of $197K, and assets of $437K (revenue +4.2% year-over-year).
2012: Revenue of $149K, expenses of $203K, and assets of $481K (revenue -42.4% year-over-year).
2011: Revenue of $258K, expenses of $203K, and assets of $531K.

Data Sources and Methodology

This transparency report for Swift Diamond Riders 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.