Hideaway Swim Club
Nonprofit profile at a glance
- EIN
- 231607166
- IRS 990 coverage
- 2012–2023
- Forms available
- Form 990 2023, Form 990-EZ 2020
- Location
- Hatboro, PA, USA
- Phone
- 2156720109
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $242,572
- Expenses
- $275,997
- Assets
- $192,336
- Liabilities
- $132,354
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Kylene Wood (President)
- Bobby Malloy (Vice President)
People named in this filing
- Kylene Wood (President)
- Bobby Malloy (Vice President)
- Chadd Wood (Co-Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Swim club
What it reported doing in 2023
Provide swim club for community use
Operating model
- Revenue model
- Membership-supported. 68% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: 32
- Transparency & Controls: 81
- Accountability: 18
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.6%; rating input score 38
- Program expense ratio: 33.1%; rating input score 33
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.8%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -2.5% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 37.6% of revenue deployed · 33.1% of spending went to programs
- Governance: 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 34 of 41 current checks pass · 7 findings to review
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2012 to 2023
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Advertising column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX DepreciationDepletion column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Insurance column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 8/100.