Shellcrest Swimming Club Inc

Nonprofit profile at a glance

EIN
510081648
IRS 990-EZ coverage
2010–2018
Forms available
Form 990-EZ 2018
Location
Wilmington, DE, USA
Phone
3027644456
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$117,075
Expenses
$109,507
Assets
$353,569
Liabilities
$40,241

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Bill Cushwa (President)
  • CR McLeod (Vice President)

People named in this filing

  • Bill Cushwa (President)
  • CR McLeod (Vice President)
  • Marcus McBride (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-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community swimming and social club

What it reported doing in 2018

Swim Team Provides competitive swim team for members aged 5 to 18. Compete in North Brandywine Swim League meets, championships and team social events.

Operating model

Revenue model
Membership-supported. 91% 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 total assets are large relative to annual expenses, but may not be spendable cash. 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: 9
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 9.2%; rating input score 9
  • Program expense ratio: 9.7%; rating input score 10

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.5%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 3.23; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: -6.7% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 9.2% of revenue deployed · 9.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2010 to 2018
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 9/100.
  • High — Financial Efficiency: Program expense ratio scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.