Swim Team Parents Association
Swim Team Parents Association: Declining Revenue, High Administrative Costs
EIN: 222449028 · Ft Dix, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $168K |
| Program Spending | 50% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $65K |
| Transparency Score | 60/100 |
Is Swim Team Parents Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swim Team Parents Association directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Swim Team Parents Association
Swim Team Parents Association (EIN: 222449028) is a nonprofit organization based in Ft Dix, NJ. The organization reported total revenue of $177K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swim Team Parents Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swim Team Parents Association is a small nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $168K |
| Surplus / Deficit | $-13,515 |
| Total Assets | $65K |
| Total Liabilities | $222 |
| Net Assets | $65K |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Swim Team Parents Association reported a deficit of $14K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Swim Team Parents Association's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +135.5% | +36.2% | -17.0% |
| 2022 | +101.9% | +95.0% | -42.5% |
| 2021 | -81.0% | -62.3% | -18.5% |
| 2020 | -27.0% | -7.7% | +2.1% |
| 2019 | +17.8% | +12.7% | +41.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Swim Team Parents Association with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Swim Team Parents Association allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds.
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 Swim Team Parents Association's IRS 990 filings:
- Revenue has significantly declined from $234,871 in 2019 to $154,567 in 2023, while expenses have remained relatively high.
- Administrative expenses in 2023 were $64,886, representing a substantial portion of total expenses ($168,082).
- The organization reported a net loss of $13,515 in 2023 (revenue $154,567 - expenses $168,082).
Strengths
The following positive indicators were identified for Swim Team Parents Association:
- Consistent reporting of $0 for officer, director, trustee, and key employee compensation.
- Maintains a positive asset balance, though it has fluctuated.
Frequently Asked Questions about Swim Team Parents Association
Is Swim Team Parents Association a legitimate charity?
Swim Team Parents Association (EIN: 222449028) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 12 years of IRS 990 filings on record. Total revenue: $177K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Swim Team Parents Association spend its money?
Swim Team Parents Association directs 50% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Swim Team Parents Association tax-deductible?
Swim Team Parents Association is registered as a tax-exempt nonprofit (EIN: 222449028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Swim Team Parents Association CEO make?
Swim Team Parents Association's highest-compensated officer earns $0 annually. The organization reported $177K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Swim Team Parents Association's spending goes to programs?
Swim Team Parents Association directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Swim Team Parents Association located?
Swim Team Parents Association is headquartered in Ft Dix, New Jersey and files with the IRS under EIN 222449028.
How many years of IRS 990 filings does Swim Team Parents Association have?
Swim Team Parents Association has 12 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 $177K in total revenue.
What does Swim Team Parents Association do?
Swim Team Parents Association is a nonprofit organization in the Unknown sector, located in Ft Dix, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Swim Team Parents Association have?
Swim Team Parents Association reported total revenue of $177,422. Based on 12 IRS 990 filings on record.
What are Swim Team Parents Association's total assets?
Swim Team Parents Association holds total assets of $4,747 as reported in IRS 990 filings.
Where is Swim Team Parents Association located?
Swim Team Parents Association is based in Ft Dix, New Jersey.
What is Swim Team Parents Association's EIN?
Swim Team Parents Association's Employer Identification Number (EIN) is 222449028. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Swim Team Parents Association?
Swim Team Parents Association is classified under NTEE code Unknown (Unknown).
Is Swim Team Parents Association a registered 501(c)(3)?
Swim Team Parents Association appears in IRS records (EIN: 222449028). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Swim Team Parents Association file IRS Form 990?
Yes, Swim Team Parents Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Swim Team Parents Association's revenue in 2023?
In the 202308 filing period, Swim Team Parents Association reported total revenue of $154,567, total expenses of $168,082, and net assets of $64,886.
Is Swim Team Parents Association's revenue growing or declining?
Swim Team Parents Association's revenue is growing. Revenue went from $65,629 (202208) to $154,567 (202308), a +135.5% change. Based on 12 filings on record.
What is Swim Team Parents Association's most recent 990 filing?
The most recent IRS Form 990 filing for Swim Team Parents Association covers tax period 202308. It shows revenue of $154,567, expenses of $168,082, total assets of $64,886, and liabilities of $222.
How much does Swim Team Parents Association spend on programs vs administration?
Based on IRS 990 analysis, Swim Team Parents Association allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Swim Team Parents Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Swim Team Parents Association shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Swim Team Parents Association?
The following concerns were identified: Revenue has significantly declined from $234,871 in 2019 to $154,567 in 2023, while expenses have remained relatively high.. Administrative expenses in 2023 were $64,886, representing a substantial portion of total expenses ($168,082).. The organization reported a net loss of $13,515 in 2023 (revenue $154,567 - expenses $168,082).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Swim Team Parents Association's strengths?
Positive indicators for Swim Team Parents Association include: Consistent reporting of $0 for officer, director, trustee, and key employee compensation.. Maintains a positive asset balance, though it has fluctuated.. These findings are derived from AI analysis of the organization's financial filings.
How does Swim Team Parents Association compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the organization manage its operational leadership and administrative functions?
The organization likely relies heavily on volunteer leadership or has a structure where administrative tasks are performed by individuals whose compensation falls below IRS reporting thresholds for Form 990, or are covered under other expense categories.
What is the primary driver behind the significant decline in revenue from 2019 to 2023, and what strategies are in place to reverse this trend?
The filings do not provide specific details on revenue drivers or strategies. Potential factors could include decreased participation, reduced fundraising success, or changes in local support. Further inquiry with the organization would be needed to understand their plans.
Filing History
IRS 990 filing history for Swim Team Parents Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Swim Team Parents Association's revenue has declined by 5.7%, moving from $164K to $155K. Total assets increased by 79.8% over the same period, from $36K to $65K. Total functional expenses rose by 19.4%, from $141K to $168K. In its most recent filing year (2023), Swim Team Parents Association reported a deficit of $14K, with expenses exceeding revenue. The organization holds $222 in liabilities against $65K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $168K | $65K | $222 | — | — |
| 2022 | $66K | $123K | $78K | $0 | — | View 990 |
| 2021 | $33K | $63K | $136K | $0 | — | View 990 |
| 2020 | $171K | $168K | $167K | $0 | — | View 990 |
| 2019 | $235K | $182K | $163K | $40 | — | View 990 |
| 2018 | $199K | $162K | $116K | $5K | — | View 990 |
| 2017 | $191K | $134K | $73K | $0 | — | View 990 |
| 2016 | $131K | $148K | $16K | $0 | — | View 990 |
| 2015 | $151K | $159K | $32K | $0 | — | View 990 |
| 2014 | $153K | $140K | $62K | $0 | — | View 990 |
| 2013 | $167K | $154K | $49K | $0 | — | View 990 |
| 2012 | $164K | $141K | $36K | $13 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $168K, and assets of $65K (revenue +135.5% year-over-year).
- 2022: Revenue of $66K, expenses of $123K, and assets of $78K (revenue +101.9% year-over-year).
- 2021: Revenue of $33K, expenses of $63K, and assets of $136K (revenue -81.0% year-over-year).
- 2020: Revenue of $171K, expenses of $168K, and assets of $167K (revenue -27.0% year-over-year).
- 2019: Revenue of $235K, expenses of $182K, and assets of $163K (revenue +17.8% year-over-year).
- 2018: Revenue of $199K, expenses of $162K, and assets of $116K (revenue +4.4% year-over-year).
- 2017: Revenue of $191K, expenses of $134K, and assets of $73K (revenue +45.3% year-over-year).
- 2016: Revenue of $131K, expenses of $148K, and assets of $16K (revenue -12.8% year-over-year).
- 2015: Revenue of $151K, expenses of $159K, and assets of $32K (revenue -1.5% year-over-year).
- 2014: Revenue of $153K, expenses of $140K, and assets of $62K (revenue -8.7% year-over-year).
- 2013: Revenue of $167K, expenses of $154K, and assets of $49K (revenue +2.2% year-over-year).
- 2012: Revenue of $164K, expenses of $141K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swim Team Parents Association:
Data Sources and Methodology
This transparency report for Swim Team Parents Association 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.