Willow Grove Swimming Club Inc
Willow Grove Swimming Club: Consistent Operations, Modest Reserves
EIN: 221638785 · Fanwood, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $289K |
| Program Spending | 80% |
| Net Assets | $451K |
| Transparency Score | 75/100 |
Is Willow Grove Swimming Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willow Grove Swimming Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willow Grove Swimming Club Inc
Willow Grove Swimming Club Inc (EIN: 221638785) is a nonprofit organization based in Fanwood, NJ. The organization reported total revenue of $318K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willow Grove Swimming Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willow Grove Swimming Club Inc is a small nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $289K |
| Surplus / Deficit | +$16K |
| Total Assets | $455K |
| Total Liabilities | $4K |
| Net Assets | $451K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2023, Willow Grove Swimming Club Inc reported a surplus of $16K with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Willow Grove Swimming Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.7% | +17.4% | +3.5% |
| 2022 | -13.5% | +15.0% | -9.2% |
| 2021 | +30.6% | +5.9% | +4.4% |
| 2020 | -13.2% | +17.9% | +0.5% |
| 2018 | +4.2% | -0.5% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
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 Willow Grove Swimming 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, Willow Grove Swimming 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial summaries, making a specific assessment difficult.
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 Willow Grove Swimming Club Inc's IRS 990 filings:
- Lack of detailed program spending breakdown beyond general expenses.
- No explicit mention of executive compensation figures in the provided data.
- Limited information on specific community impact or program outcomes.
Strengths
The following positive indicators were identified for Willow Grove Swimming Club Inc:
- Consistent revenue generation over several years.
- Stable asset base, indicating financial resilience.
- Low liabilities relative to assets, suggesting good financial health.
Frequently Asked Questions about Willow Grove Swimming Club Inc
Is Willow Grove Swimming Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willow Grove Swimming Club Inc (EIN: 221638785) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Willow Grove Swimming Club Inc spend its money?
Willow Grove Swimming Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Willow Grove Swimming Club Inc tax-deductible?
Willow Grove Swimming Club Inc is registered as a tax-exempt nonprofit (EIN: 221638785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Willow Grove Swimming Club Inc's spending goes to programs?
Willow Grove Swimming Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Willow Grove Swimming Club Inc located?
Willow Grove Swimming Club Inc is headquartered in Fanwood, New Jersey and files with the IRS under EIN 221638785.
How many years of IRS 990 filings does Willow Grove Swimming Club Inc have?
Willow Grove Swimming 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 $318K in total revenue.
What does Willow Grove Swimming Club Inc do?
Willow Grove Swimming Club Inc is a nonprofit organization in the Unknown sector, located in Fanwood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Willow Grove Swimming Club Inc have?
Willow Grove Swimming Club Inc reported total revenue of $317,984. Based on 13 IRS 990 filings on record.
What are Willow Grove Swimming Club Inc's total assets?
Willow Grove Swimming Club Inc holds total assets of $463,223 as reported in IRS 990 filings.
Where is Willow Grove Swimming Club Inc located?
Willow Grove Swimming Club Inc is based in Fanwood, New Jersey.
What is Willow Grove Swimming Club Inc's EIN?
Willow Grove Swimming Club Inc's Employer Identification Number (EIN) is 221638785. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Willow Grove Swimming Club Inc?
Willow Grove Swimming Club Inc is classified under NTEE code Unknown (Unknown).
Is Willow Grove Swimming Club Inc a registered 501(c)(3)?
Willow Grove Swimming Club Inc appears in IRS records (EIN: 221638785). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Willow Grove Swimming Club Inc file IRS Form 990?
Yes, Willow Grove Swimming Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Willow Grove Swimming Club Inc's revenue in 2023?
In the 202312 filing period, Willow Grove Swimming Club Inc reported total revenue of $305,717, total expenses of $289,439, and net assets of $455,322.
Is Willow Grove Swimming Club Inc's revenue growing or declining?
Willow Grove Swimming Club Inc's revenue is growing. Revenue went from $202,930 (202212) to $305,717 (202312), a +50.7% change. Based on 13 filings on record.
What is Willow Grove Swimming Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Willow Grove Swimming Club Inc covers tax period 202312. It shows revenue of $305,717, expenses of $289,439, total assets of $455,322, and liabilities of $4,480.
How much does Willow Grove Swimming Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Willow Grove Swimming Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Willow Grove Swimming Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Willow Grove Swimming Club Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Willow Grove Swimming Club Inc?
The following concerns were identified: Lack of detailed program spending breakdown beyond general expenses.. No explicit mention of executive compensation figures in the provided data.. Limited information on specific community impact or program outcomes.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Willow Grove Swimming Club Inc's strengths?
Positive indicators for Willow Grove Swimming Club Inc include: Consistent revenue generation over several years.. Stable asset base, indicating financial resilience.. Low liabilities relative to assets, suggesting good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Willow Grove Swimming Club Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial summaries, making a specific assessment difficult. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Willow Grove Swimming Club Inc?
- Financial data consistently reported across multiple years. - No specific program details or impact metrics are readily available in the provided data. - Compensation details for key personnel are not itemized. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization manage to maintain a stable asset base despite fluctuating revenues and consistent expenses?
The organization consistently reports a healthy asset-to-liability ratio, with liabilities (e.g., $4,480 in 2023) being a small fraction of total assets (e.g., $455,322 in 2023), suggesting effective management of its existing resources and minimal reliance on debt.
What is the primary source of revenue for the Willow Grove Swimming Club, given the consistent revenue figures?
While not explicitly stated, the consistent revenue figures (e.g., $305,717 in 2023, $202,930 in 2022) for a 'Swimming Club' strongly suggest membership fees, seasonal passes, and potentially event rentals as the primary and stable income streams.
Filing History
IRS 990 filing history for Willow Grove Swimming Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Willow Grove Swimming Club Inc's revenue has grown by 81.3%, moving from $169K to $306K. Total assets increased by 20.3% over the same period, from $379K to $455K. Total functional expenses rose by 95.4%, from $148K to $289K. In its most recent filing year (2023), Willow Grove Swimming Club Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $4K in liabilities against $455K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $451K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $289K | $455K | $4K | — | View 990 |
| 2022 | $203K | $247K | $440K | $5K | — | View 990 |
| 2021 | $235K | $214K | $484K | $6K | — | View 990 |
| 2020 | $180K | $203K | $464K | $6K | — | View 990 |
| 2018 | $207K | $172K | $462K | $8K | — | View 990 |
| 2017 | $199K | $173K | $429K | $10K | — | View 990 |
| 2016 | $190K | $173K | $400K | $7K | — | View 990 |
| 2015 | $189K | $160K | $386K | $10K | — | View 990 |
| 2014 | $142K | $162K | $356K | $10K | — | View 990 |
| 2013 | $141K | $166K | $376K | $10K | — | View 990 |
| 2012 | $151K | $166K | $426K | $10K | — | View 990 |
| 2011 | $146K | $155K | $410K | $10K | — | View 990 |
| 2010 | $169K | $148K | $379K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $289K, and assets of $455K (revenue +50.7% year-over-year).
- 2022: Revenue of $203K, expenses of $247K, and assets of $440K (revenue -13.5% year-over-year).
- 2021: Revenue of $235K, expenses of $214K, and assets of $484K (revenue +30.6% year-over-year).
- 2020: Revenue of $180K, expenses of $203K, and assets of $464K (revenue -13.2% year-over-year).
- 2018: Revenue of $207K, expenses of $172K, and assets of $462K (revenue +4.2% year-over-year).
- 2017: Revenue of $199K, expenses of $173K, and assets of $429K (revenue +4.3% year-over-year).
- 2016: Revenue of $190K, expenses of $173K, and assets of $400K (revenue +0.4% year-over-year).
- 2015: Revenue of $189K, expenses of $160K, and assets of $386K (revenue +33.4% year-over-year).
- 2014: Revenue of $142K, expenses of $162K, and assets of $356K (revenue +0.7% year-over-year).
- 2013: Revenue of $141K, expenses of $166K, and assets of $376K (revenue -6.5% year-over-year).
- 2012: Revenue of $151K, expenses of $166K, and assets of $426K (revenue +3.6% year-over-year).
- 2011: Revenue of $146K, expenses of $155K, and assets of $410K (revenue -13.6% year-over-year).
- 2010: Revenue of $169K, expenses of $148K, and assets of $379K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willow Grove Swimming Club Inc:
Data Sources and Methodology
This transparency report for Willow Grove Swimming 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.