W T Swim Club Inc
W T Swim Club Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 201984333 · Indianapolis, IN · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $329K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $80K |
| Transparency Score | 85/100 |
Is W T Swim Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
W T Swim Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About W T Swim Club Inc
W T Swim Club Inc (EIN: 201984333) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code N67. The organization reported total revenue of $356K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of W T Swim Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
W T Swim Club Inc is a small nonprofit that has been operating for 20 years, with 13 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 | $342K |
| Total Expenses | $329K |
| Surplus / Deficit | +$13K |
| Total Assets | $83K |
| Total Liabilities | $3K |
| Net Assets | $80K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, W T Swim Club Inc reported a surplus of $13K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), W T Swim Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.0% | +14.4% | +4.4% |
| 2022 | -7.4% | +16.8% | -8.2% |
| 2021 | +11.0% | -13.2% | +22.1% |
| 2020 | -20.6% | -12.7% | -6.3% |
| 2019 | +6.7% | -1.5% | +138.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 W T Swim Club Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, W T Swim Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with revenues consistently around $300,000.
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 W T Swim Club Inc:
- Consistent financial stability with revenues generally covering expenses.
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Growing asset base, from $40,334 in 201408 to $83,296 in 202308.
- Low and manageable liabilities, with $3,498 in 202308.
- Strong program focus implied by the lack of officer compensation and balanced budget.
Frequently Asked Questions about W T Swim Club Inc
Is W T Swim Club Inc a legitimate charity?
W T Swim Club Inc (EIN: 201984333) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $356K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does W T Swim Club Inc spend its money?
W T Swim Club Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to W T Swim Club Inc tax-deductible?
W T Swim Club Inc is registered as a tax-exempt nonprofit (EIN: 201984333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the W T Swim Club Inc CEO make?
W T Swim Club Inc's highest-compensated officer earns $300,000. annually. The organization reported $356K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of W T Swim Club Inc's spending goes to programs?
W T Swim Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does W T Swim Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), W T Swim Club Inc is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is W T Swim Club Inc located?
W T Swim Club Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 201984333. It is classified under NTEE code N67.
How many years of IRS 990 filings does W T Swim Club Inc have?
W T Swim 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 $356K in total revenue.
Is W T Swim Club Inc a good charity?
Based on the available IRS 990 data, W T Swim Club Inc appears to be a well-managed organization. It consistently operates with revenues and expenses in balance, maintains a healthy asset base relative to its size, and most notably, reports 0% officer compensation, which suggests a strong commitment to program spending and efficient use of funds.
How has W T Swim Club Inc's financial health changed over time?
W T Swim Club Inc has shown consistent financial health over the past decade. Revenues have fluctuated but generally remained in the $270,000 - $350,000 range. Assets have grown from $40,334 in 201408 to $83,296 in 202308, indicating a positive trend in financial stability. Liabilities have also remained manageable.
What is W T Swim Club Inc's approach to executive compensation?
W T Swim Club Inc reports 0% officer compensation in all available filings. This indicates a strong commitment to minimizing administrative overhead and maximizing resources for its programs, as executive leadership is not drawing a salary classified as officer compensation.
Filing History
IRS 990 filing history for W T Swim Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), W T Swim Club Inc's revenue has grown by 23.7%, moving from $276K to $342K. Total assets increased by 142.5% over the same period, from $34K to $83K. Total functional expenses rose by 40.5%, from $234K to $329K. In its most recent filing year (2023), W T Swim Club Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $3K in liabilities against $83K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $80K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $329K | $83K | $3K | — | View 990 |
| 2022 | $278K | $288K | $80K | $13K | — | View 990 |
| 2021 | $300K | $246K | $87K | $10K | — | View 990 |
| 2020 | $270K | $284K | $71K | $48K | — | View 990 |
| 2019 | $340K | $325K | $76K | $39K | — | View 990 |
| 2018 | $319K | $330K | $32K | $11K | — | View 990 |
| 2017 | $346K | $343K | $49K | $17K | — | View 990 |
| 2016 | $305K | $358K | $29K | $0 | — | View 990 |
| 2015 | $340K | $297K | $83K | $953 | — | View 990 |
| 2014 | $285K | $300K | $40K | $1K | — | View 990 |
| 2013 | $325K | $297K | $55K | $1K | — | View 990 |
| 2012 | $260K | $267K | $35K | $10K | — | View 990 |
| 2011 | $276K | $234K | $34K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $329K, and assets of $83K (revenue +23.0% year-over-year).
- 2022: Revenue of $278K, expenses of $288K, and assets of $80K (revenue -7.4% year-over-year).
- 2021: Revenue of $300K, expenses of $246K, and assets of $87K (revenue +11.0% year-over-year).
- 2020: Revenue of $270K, expenses of $284K, and assets of $71K (revenue -20.6% year-over-year).
- 2019: Revenue of $340K, expenses of $325K, and assets of $76K (revenue +6.7% year-over-year).
- 2018: Revenue of $319K, expenses of $330K, and assets of $32K (revenue -7.9% year-over-year).
- 2017: Revenue of $346K, expenses of $343K, and assets of $49K (revenue +13.4% year-over-year).
- 2016: Revenue of $305K, expenses of $358K, and assets of $29K (revenue -10.2% year-over-year).
- 2015: Revenue of $340K, expenses of $297K, and assets of $83K (revenue +19.1% year-over-year).
- 2014: Revenue of $285K, expenses of $300K, and assets of $40K (revenue -12.3% year-over-year).
- 2013: Revenue of $325K, expenses of $297K, and assets of $55K (revenue +25.0% year-over-year).
- 2012: Revenue of $260K, expenses of $267K, and assets of $35K (revenue -5.9% year-over-year).
- 2011: Revenue of $276K, expenses of $234K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for W T Swim Club Inc:
Data Sources and Methodology
This transparency report for W T Swim 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.