Tenby Chase Swim And Sports Club Inc
Tenby Chase Swim And Sports Club: Stable Finances, High Program Spending
EIN: 221944438 · Delran, NJ · NTEE: N40 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $224K |
| Program Spending | 80% |
| Net Assets | $109K |
| Transparency Score | 75/100 |
Is Tenby Chase Swim And Sports Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tenby Chase Swim And Sports Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tenby Chase Swim And Sports Club Inc
Tenby Chase Swim And Sports Club Inc (EIN: 221944438) is a nonprofit organization based in Delran, NJ, classified under NTEE code N40. The organization reported total revenue of $278K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tenby Chase Swim And Sports Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tenby Chase Swim And Sports Club Inc is a small nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $224K |
| Surplus / Deficit | +$23K |
| Total Assets | $429K |
| Total Liabilities | $320K |
| Net Assets | $109K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 74.6% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2023, Tenby Chase Swim And Sports Club Inc reported a surplus of $23K with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 74.6% (high leverage).
Financial Trends
Over 13 years of filings (2010–2023), Tenby Chase Swim And Sports Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +24.3% | +3.7% |
| 2022 | -3.6% | -37.8% | +21.8% |
| 2021 | +97.8% | +119.6% | +288.4% |
| 2020 | -17.3% | -21.0% | +284.9% |
| 2019 | -15.0% | -10.2% | -18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
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 Tenby Chase Swim And Sports Club Inc with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Tenby Chase Swim And Sports Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.6%.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, suggesting it is below the IRS reporting threshold or handled by volunteers.
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 Tenby Chase Swim And Sports Club Inc:
- Consistent revenue generation over several years, with 2023 revenue at $247,413.
- Strong asset base, growing to $428,649 in 2023.
- Low liability-to-asset ratio, indicating financial stability.
- High percentage of expenses dedicated to programs, reflecting mission focus.
Frequently Asked Questions about Tenby Chase Swim And Sports Club Inc
Is Tenby Chase Swim And Sports Club Inc a legitimate charity?
Tenby Chase Swim And Sports Club Inc (EIN: 221944438) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $278K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Tenby Chase Swim And Sports Club Inc spend its money?
Tenby Chase Swim And Sports Club Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tenby Chase Swim And Sports Club Inc tax-deductible?
Tenby Chase Swim And Sports Club Inc is registered as a tax-exempt nonprofit (EIN: 221944438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tenby Chase Swim And Sports Club Inc's spending goes to programs?
Tenby Chase Swim And Sports Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tenby Chase Swim And Sports Club Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tenby Chase Swim And Sports Club Inc is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tenby Chase Swim And Sports Club Inc located?
Tenby Chase Swim And Sports Club Inc is headquartered in Delran, New Jersey and files with the IRS under EIN 221944438. It is classified under NTEE code N40.
How many years of IRS 990 filings does Tenby Chase Swim And Sports Club Inc have?
Tenby Chase Swim And Sports Club Inc has 13 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 $278K in total revenue.
What does Tenby Chase Swim And Sports Club Inc do?
Tenby Chase Swim And Sports Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Delran, New Jersey. It is classified under NTEE code N40.
How much revenue does Tenby Chase Swim And Sports Club Inc have?
Tenby Chase Swim And Sports Club Inc reported total revenue of $278,467. Based on 13 IRS 990 filings on record.
What are Tenby Chase Swim And Sports Club Inc's total assets?
Tenby Chase Swim And Sports Club Inc holds total assets of $449,452 as reported in IRS 990 filings.
Where is Tenby Chase Swim And Sports Club Inc located?
Tenby Chase Swim And Sports Club Inc is based in Delran, New Jersey.
What is Tenby Chase Swim And Sports Club Inc's EIN?
Tenby Chase Swim And Sports Club Inc's Employer Identification Number (EIN) is 221944438. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tenby Chase Swim And Sports Club Inc?
Tenby Chase Swim And Sports Club Inc is classified under NTEE code N40 (Recreation & Sports).
Is Tenby Chase Swim And Sports Club Inc a registered 501(c)(3)?
Yes, Tenby Chase Swim And Sports Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 221944438.
Does Tenby Chase Swim And Sports Club Inc file IRS Form 990?
Yes, Tenby Chase Swim And Sports Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Tenby Chase Swim And Sports Club Inc's revenue in 2023?
In the 202312 filing period, Tenby Chase Swim And Sports Club Inc reported total revenue of $247,413, total expenses of $223,966, and net assets of $428,649.
Is Tenby Chase Swim And Sports Club Inc's revenue growing or declining?
Tenby Chase Swim And Sports Club Inc's revenue is declining. Revenue went from $262,645 (202212) to $247,413 (202312), a -5.8% change. Based on 13 filings on record.
What is Tenby Chase Swim And Sports Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tenby Chase Swim And Sports Club Inc covers tax period 202312. It shows revenue of $247,413, expenses of $223,966, total assets of $428,649, and liabilities of $319,885.
How much does Tenby Chase Swim And Sports Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Tenby Chase Swim And Sports Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Tenby Chase Swim And Sports Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tenby Chase Swim And Sports Club Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Tenby Chase Swim And Sports Club Inc's strengths?
Positive indicators for Tenby Chase Swim And Sports Club Inc include: Consistent revenue generation over several years, with 2023 revenue at $247,413.. Strong asset base, growing to $428,649 in 2023.. Low liability-to-asset ratio, indicating financial stability.. High percentage of expenses dedicated to programs, reflecting mission focus.. These findings are derived from AI analysis of the organization's financial filings.
How does Tenby Chase Swim And Sports Club Inc compensate executives?
Executive compensation is not reported in the available filings, suggesting it is below the IRS reporting threshold or handled by volunteers. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations with fluctuating revenue, such as the dip to $137,648 in 2020?
The organization appears to manage fluctuations through careful expense control and maintaining a healthy asset base, as seen by the consistent growth in assets even during lower revenue years.
What is the primary source of the significant increase in assets from $22,700 in 2019 to $428,649 in 2023?
The substantial increase in assets likely stems from accumulated retained earnings and potentially capital improvements or investments, as indicated by the difference between revenue and expenses over these years.
Filing History
IRS 990 filing history for Tenby Chase Swim And Sports Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Tenby Chase Swim And Sports Club Inc's revenue has grown by 111.6%, moving from $117K to $247K. Total assets increased by 1440.5% over the same period, from $28K to $429K. Total functional expenses rose by 92.3%, from $116K to $224K. In its most recent filing year (2023), Tenby Chase Swim And Sports Club Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $320K in liabilities against $429K in assets (debt-to-asset ratio: 74.6%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $224K | $429K | $320K | — | View 990 |
| 2022 | $263K | $180K | $413K | $323K | — | View 990 |
| 2021 | $272K | $290K | $339K | $326K | — | View 990 |
| 2020 | $138K | $132K | $87K | $78K | — | View 990 |
| 2019 | $166K | $167K | $23K | $19K | — | View 990 |
| 2018 | $196K | $186K | $28K | $23K | — | View 990 |
| 2017 | $165K | $173K | $23K | $28K | — | View 990 |
| 2016 | $200K | $178K | $35K | $32K | — | View 990 |
| 2015 | $134K | $143K | $17K | $36K | — | View 990 |
| 2014 | $138K | $143K | $31K | $40K | — | View 990 |
| 2013 | $158K | $193K | $39K | $43K | — | View 990 |
| 2012 | $133K | $131K | $31K | $0 | — | View 990 |
| 2010 | $117K | $116K | $28K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $224K, and assets of $429K (revenue -5.8% year-over-year).
- 2022: Revenue of $263K, expenses of $180K, and assets of $413K (revenue -3.6% year-over-year).
- 2021: Revenue of $272K, expenses of $290K, and assets of $339K (revenue +97.8% year-over-year).
- 2020: Revenue of $138K, expenses of $132K, and assets of $87K (revenue -17.3% year-over-year).
- 2019: Revenue of $166K, expenses of $167K, and assets of $23K (revenue -15.0% year-over-year).
- 2018: Revenue of $196K, expenses of $186K, and assets of $28K (revenue +18.5% year-over-year).
- 2017: Revenue of $165K, expenses of $173K, and assets of $23K (revenue -17.3% year-over-year).
- 2016: Revenue of $200K, expenses of $178K, and assets of $35K (revenue +49.1% year-over-year).
- 2015: Revenue of $134K, expenses of $143K, and assets of $17K (revenue -3.1% year-over-year).
- 2014: Revenue of $138K, expenses of $143K, and assets of $31K (revenue -12.5% year-over-year).
- 2013: Revenue of $158K, expenses of $193K, and assets of $39K (revenue +18.7% year-over-year).
- 2012: Revenue of $133K, expenses of $131K, and assets of $31K (revenue +13.8% year-over-year).
- 2010: Revenue of $117K, expenses of $116K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tenby Chase Swim And Sports Club Inc:
Data Sources and Methodology
This transparency report for Tenby Chase Swim And Sports Club 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.