South Shore Swimming Club Inc
Nonprofit profile at a glance
- EIN
- 131943947
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Staten Island, NY, USA
- Phone
- 7183563919
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $768,084
- Expenses
- $756,507
- Assets
- $2,166,287
- Liabilities
- $1,685,472
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- TRAVIS LAKE (PRESIDENT)
People named in this filing
- TRAVIS LAKE (PRESIDENT)
- JUSTIN BOYER (VICE PRESIDE)
- BARBARA PARKS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the health and general welfare of its members, and in pursuance thereof to construct, own and operate a swimming pool and other recreational facilities, together with such objects as are appropriate in the conduct of its activities, in the county of richmond and state of New York, for the exclusive use of its members and of their families and guests.
What it reported doing in 2024
South shore swimming club, inc. Serves family and single members. Revenues are generated primarily through membership dues and guest fees.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.4%; rating input score 88
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- 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
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- 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: 1.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 2.86; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.78; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 88.4% of revenue deployed · 89.2% of spending went to programs
- Governance: 15 of 15 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $675K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.