Wexford Leas Swim And Racquet Club Inc
Wexford Leas Swim And Racquet Club: Stable Finances, Limited Public Detail
EIN: 221890818 · Cherry Hill, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $126K |
| Program Spending | 80% |
| Net Assets | $221K |
| Transparency Score | 65/100 |
Is Wexford Leas Swim And Racquet Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wexford Leas Swim And Racquet Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wexford Leas Swim And Racquet Club Inc
Wexford Leas Swim And Racquet Club Inc (EIN: 221890818) is a nonprofit organization based in Cherry Hill, NJ. The organization reported total revenue of $190K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wexford Leas Swim And Racquet Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wexford Leas Swim And Racquet Club Inc is a small nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $126K |
| Surplus / Deficit | $-11,254 |
| Total Assets | $221K |
| Net Assets | $221K |
| Operating Margin | -9.8% |
| Months of Reserves | 21.1 months |
Financial Health Grade: B
In 2023, Wexford Leas Swim And Racquet Club Inc reported a deficit of $11K with expenses exceeding revenue, holds 21.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Wexford Leas Swim And Racquet Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | -1.5% | -4.8% |
| 2022 | +10.1% | +28.0% | +1.7% |
| 2021 | +8.6% | +35.7% | +9.4% |
| 2020 | +26.4% | -18.2% | +21.2% |
| 2019 | +10.3% | +2.4% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 Wexford Leas Swim And Racquet Club Inc with a Mission Score of 65 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, Wexford Leas Swim And Racquet 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 deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for Form 990, or that the organization is volunteer-run.
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 Wexford Leas Swim And Racquet Club Inc's IRS 990 filings:
- Lack of detailed program descriptions in public filings.
- No clear breakdown of administrative vs. fundraising expenses in provided data, requiring estimation.
- Limited public information beyond basic financial summaries.
Strengths
The following positive indicators were identified for Wexford Leas Swim And Racquet Club Inc:
- Consistent revenue and asset base over several years.
- Appears to operate with a lean administrative structure given no reported executive compensation.
- Maintains a positive asset balance, indicating financial stability.
Frequently Asked Questions about Wexford Leas Swim And Racquet Club Inc
Is Wexford Leas Swim And Racquet Club Inc a legitimate charity?
Wexford Leas Swim And Racquet Club Inc (EIN: 221890818) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $190K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wexford Leas Swim And Racquet Club Inc spend its money?
Wexford Leas Swim And Racquet Club Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Wexford Leas Swim And Racquet Club Inc tax-deductible?
Wexford Leas Swim And Racquet Club Inc is registered as a tax-exempt nonprofit (EIN: 221890818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wexford Leas Swim And Racquet Club Inc's spending goes to programs?
Wexford Leas Swim And Racquet Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Wexford Leas Swim And Racquet Club Inc located?
Wexford Leas Swim And Racquet Club Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 221890818.
How many years of IRS 990 filings does Wexford Leas Swim And Racquet Club Inc have?
Wexford Leas Swim And Racquet Club Inc 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 $190K in total revenue.
What does Wexford Leas Swim And Racquet Club Inc do?
Wexford Leas Swim And Racquet Club Inc is a nonprofit organization in the Unknown sector, located in Cherry Hill, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Wexford Leas Swim And Racquet Club Inc have?
Wexford Leas Swim And Racquet Club Inc reported total revenue of $190,131. Based on 12 IRS 990 filings on record.
What are Wexford Leas Swim And Racquet Club Inc's total assets?
Wexford Leas Swim And Racquet Club Inc holds total assets of $74,943 as reported in IRS 990 filings.
Where is Wexford Leas Swim And Racquet Club Inc located?
Wexford Leas Swim And Racquet Club Inc is based in Cherry Hill, New Jersey.
What is Wexford Leas Swim And Racquet Club Inc's EIN?
Wexford Leas Swim And Racquet Club Inc's Employer Identification Number (EIN) is 221890818. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wexford Leas Swim And Racquet Club Inc?
Wexford Leas Swim And Racquet Club Inc is classified under NTEE code Unknown (Unknown).
Is Wexford Leas Swim And Racquet Club Inc a registered 501(c)(3)?
Wexford Leas Swim And Racquet Club Inc appears in IRS records (EIN: 221890818). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wexford Leas Swim And Racquet Club Inc file IRS Form 990?
Yes, Wexford Leas Swim And Racquet Club Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wexford Leas Swim And Racquet Club Inc's revenue in 2023?
In the 202312 filing period, Wexford Leas Swim And Racquet Club Inc reported total revenue of $114,437, total expenses of $125,691, and net assets of $221,204.
Is Wexford Leas Swim And Racquet Club Inc's revenue growing or declining?
Wexford Leas Swim And Racquet Club Inc's revenue is declining. Revenue went from $131,480 (202212) to $114,437 (202312), a -13.0% change. Based on 12 filings on record.
What is Wexford Leas Swim And Racquet Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wexford Leas Swim And Racquet Club Inc covers tax period 202312. It shows revenue of $114,437, expenses of $125,691, total assets of $221,204, and liabilities of N/A.
How much does Wexford Leas Swim And Racquet Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Wexford Leas Swim And Racquet Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Wexford Leas Swim And Racquet Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wexford Leas Swim And Racquet Club Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Wexford Leas Swim And Racquet Club Inc?
The following concerns were identified: Lack of detailed program descriptions in public filings.. No clear breakdown of administrative vs. fundraising expenses in provided data, requiring estimation.. Limited public information beyond basic financial summaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wexford Leas Swim And Racquet Club Inc's strengths?
Positive indicators for Wexford Leas Swim And Racquet Club Inc include: Consistent revenue and asset base over several years.. Appears to operate with a lean administrative structure given no reported executive compensation.. Maintains a positive asset balance, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Wexford Leas Swim And Racquet Club Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for Form 990, or that the organization is volunteer-run. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Wexford Leas Swim And Racquet Club Inc?
- Public filings (Form 990) are available, but lack detailed program descriptions. - No specific transparency report or detailed annual report is readily available. - Financial statements provide revenue and expense totals but limited breakdown. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure its mission is effectively communicated to the public given the limited detail in its filings?
The provided data does not offer insight into how Wexford Leas Swim And Racquet Club Inc. communicates its mission beyond the basic information available in tax filings. This suggests communication might primarily occur through local channels or direct member engagement rather than broad public reporting.
What specific activities or programs constitute the majority of the 'expenses' reported, and how are these aligned with the organization's stated purpose?
Without a detailed breakdown of expenses beyond the total 'x' figure (e.g., $125,691 in 2023), it's challenging to ascertain the specific activities or programs that consume the majority of the budget. This lack of detail makes it difficult to fully assess the alignment of spending with the organization's purpose of operating a swim and racquet club.
Filing History
IRS 990 filing history for Wexford Leas Swim And Racquet Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wexford Leas Swim And Racquet Club Inc's revenue has declined by 16.4%, moving from $137K to $114K. Total assets increased by 17% over the same period, from $189K to $221K. Total functional expenses rose by 23.8%, from $101K to $126K. In its most recent filing year (2023), Wexford Leas Swim And Racquet Club Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $126K | $221K | $0 | — | — |
| 2022 | $131K | $128K | $232K | $0 | — | View 990 |
| 2021 | $119K | $100K | $229K | $0 | — | — |
| 2020 | $110K | $74K | $209K | $0 | — | — |
| 2019 | $87K | $90K | $172K | $0 | — | View 990 |
| 2017 | $79K | $88K | $184K | $0 | — | View 990 |
| 2016 | $89K | $88K | $193K | $0 | — | View 990 |
| 2015 | $89K | $89K | $192K | $0 | — | View 990 |
| 2014 | $135K | $86K | $192K | $0 | — | View 990 |
| 2013 | $82K | $93K | $171K | $27K | — | View 990 |
| 2012 | $82K | $116K | $167K | $13K | — | View 990 |
| 2011 | $137K | $101K | $189K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $126K, and assets of $221K (revenue -13.0% year-over-year).
- 2022: Revenue of $131K, expenses of $128K, and assets of $232K (revenue +10.1% year-over-year).
- 2021: Revenue of $119K, expenses of $100K, and assets of $229K (revenue +8.6% year-over-year).
- 2020: Revenue of $110K, expenses of $74K, and assets of $209K (revenue +26.4% year-over-year).
- 2019: Revenue of $87K, expenses of $90K, and assets of $172K (revenue +10.3% year-over-year).
- 2017: Revenue of $79K, expenses of $88K, and assets of $184K (revenue -11.3% year-over-year).
- 2016: Revenue of $89K, expenses of $88K, and assets of $193K (revenue +0.5% year-over-year).
- 2015: Revenue of $89K, expenses of $89K, and assets of $192K (revenue -34.3% year-over-year).
- 2014: Revenue of $135K, expenses of $86K, and assets of $192K (revenue +63.8% year-over-year).
- 2013: Revenue of $82K, expenses of $93K, and assets of $171K (revenue +0.9% year-over-year).
- 2012: Revenue of $82K, expenses of $116K, and assets of $167K (revenue -40.4% year-over-year).
- 2011: Revenue of $137K, expenses of $101K, and assets of $189K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wexford Leas Swim And Racquet Club Inc:
Data Sources and Methodology
This transparency report for Wexford Leas Swim And Racquet 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.