Arcadia Swim Club Inc
Nonprofit profile at a glance
- EIN
- 560949172
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Clemmons, NC, USA
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $173,290
- Expenses
- $180,028
- Assets
- $105,806
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Steven Widener (President)
- Whitney Essick (Vice President)
People named in this filing
- Steven Widener (President)
- Whitney Essick (Vice President)
- Ginger Berrier (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide and maintain a swimming facility and recreation for its members
What it reported doing in 2024
Provided a swim team for the local youth from ages 5 to 18. This service benefits approx. 150 youth in the community by allowing them to learn the proper stroke technique give them a sage space to compete and build confidence in the pool.
Operating model
- Revenue model
- Membership-supported. 79% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 7
- Transparency & Controls: 82
- Sustainability: 27
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.7%; rating input score 7
- Program expense ratio: 6.4%; rating input score 6
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.9%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0.7%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: -24% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 15.3% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 6.7% of revenue deployed · 6.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Sustainability: Operating margin scored 24/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 25/100.