New England Swimming
Legal name: USA Swimming Inc New England Swimming
Nonprofit profile at a glance
- EIN
- 311102579
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Needham, MA, USA
- Phone
- 7814490270
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $696,806
- Expenses
- $565,077
- Assets
- $1,029,788
- Liabilities
- $40,122
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Russell Betsy (President)
Highest reported compensation
- Healey Carol F (Treasurer): $24,756 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide opportunities for all to achieve their highest potential in competitive swimming.
What it reported doing in 2024
The Organization held it's 35th annual banquet designed to celebrate the year in review and recognize the achievements of the club members and other participants in training and competition throughout the year. Awards are issued to the Volunteer and Coach of the year. The special guest speaker was two-time Olympic gold medalist Zach Apple who held an athlete clinic!
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% 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 comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 92
- Accountability: 26
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.3%; rating input score 44
- Program expense ratio: 54.7%; rating input score 55
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 18.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.82; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 44.3% of revenue deployed · 54.7% of spending went to programs
- Governance: 0 of 15 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $309K in reported program spending
- Leadership: top reported pay $25K · 15 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.