Minisink Swim and Racquet Club

Legal name: Minisink Club Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

9 people listed

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Minisink club, inc. Is a non-profit swim and racquet club located in chatham, New Jersey.

Family oriented swim and racquet club located in chatham, New Jersey that places a strong empasis on the membership experience.

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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

Operating margin: -0.2%; rating input score 35; 35th percentile among comparable filings
Total-asset coverage ratio: 1.23; rating input score 49; 49th percentile among comparable filings
Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Program expense growth: 3.9% per year; rating input score 100; 36th percentile among comparable filings
Revenue growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings
Asset growth: 7.1% per year; rating input score 100; 48th percentile among comparable filings

What they do: 1 programs and campaigns described on the official site · 1 operating location identified
Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $0 · 9 people listed
Consistency: 10 of 10 current checks pass
Schedules: 2 filed schedules
Filing history: 14 filing years from 2011 to 2024
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.

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Sustainability: Operating margin scored 35/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
High — Sustainability: Liabilities to assets ratio scored 25/100.