Civic Intelligence

Demarest Swim Club

EIN 22-1639061 • 501(c)7 • Demarest, NJ

Profile

Recreation - swimming club

PO Box 5Demarest, NJ 07627
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.56x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.95x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-6.9%

Higher net margin than 27% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-4.6%

Faster asset growth than 36% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-15%

Faster revenue growth than 21% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$291,049

Down $14,022 (-4.6%) from 2022

Liabilities

Down

$163,756

Down $2,075 (-1.3%) from 2022

Net Assets

Down

$127,293

Down $11,947 (-8.6%) from 2022

Revenue

Down

$172,065

Down $31,144 (-15%) from 2022

Expenses

Down

$184,012

Down $102,571 (-36%) from 2022

Net Income

Up

-$11,947

Up $71,427 (+86%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $290,822Liabilities 2011: $99,236Net Assets 2011: $191,5862011Assets 2012: $314,364Liabilities 2012: $84,690Net Assets 2012: $229,6742012Assets 2013: $310,538Liabilities 2013: $39,885Net Assets 2013: $270,6532013Assets 2014: $329,690Liabilities 2014: $40,799Net Assets 2014: $288,8912014Assets 2015: $285,655Liabilities 2015: $16,666Net Assets 2015: $268,9892015Assets 2016: $280,067Liabilities 2016: $13,005Net Assets 2016: $267,0622016Assets 2017: $255,021Liabilities 2017: $13,251Net Assets 2017: $241,7702017Assets 2018: $258,957Liabilities 2018: $22,174Net Assets 2018: $236,7832018Assets 2019: $267,786Liabilities 2019: $42,491Net Assets 2019: $225,2952019Assets 2020: $337,310Liabilities 2020: $127,383Net Assets 2020: $209,9272020Assets 2021: $389,485Liabilities 2021: $69,971Net Assets 2021: $319,5142021Assets 2022: $305,071Liabilities 2022: $165,831Net Assets 2022: $139,2402022Assets 2023: $291,049Liabilities 2023: $163,756Net Assets 2023: $127,2932023

Highlighted filing

2023

Assets$291,049
Liabilities$163,756
Net Assets$127,293

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $186,938Expenses 2011: $200,215Net Income 2011: -$13,2772011Expenses 2012: $235,2252012Revenue 2013: $271,664Expenses 2013: $230,685Net Income 2013: $40,9792013Revenue 2014: $258,207Expenses 2014: $239,969Net Income 2014: $18,2382014Revenue 2015: $216,252Expenses 2015: $236,154Net Income 2015: -$19,9022015Revenue 2016: $250,680Expenses 2016: $252,607Net Income 2016: -$1,9272016Revenue 2017: $218,445Expenses 2017: $243,737Net Income 2017: -$25,2922017Revenue 2018: $213,819Expenses 2018: $218,806Net Income 2018: -$4,9872018Revenue 2019: $204,309Expenses 2019: $215,797Net Income 2019: -$11,4882019Revenue 2020: $175,138Expenses 2020: $190,506Net Income 2020: -$15,3682020Revenue 2021: $231,739Expenses 2021: $229,052Net Income 2021: $2,6872021Revenue 2022: $203,209Expenses 2022: $286,583Net Income 2022: -$83,3742022Revenue 2023: $172,065Expenses 2023: $184,012Net Income 2023: -$11,9472023

Highlighted filing

2023

Revenue$172,065
Expenses$184,012
Net Income-$11,947

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$172,065
Mission and Program Overview

Mission

Recreation - swimming club

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$238,692$238,692→ $0
Rtn Earn Endowment Incm Other Fnds$139,240$127,293▼ $11,947
Cash and Non-Interest-Bearing Accounts$66,379$52,357▼ $14,022
Total Assets$305,071$291,049▼ $14,022
Liabilities
Unsecured Notes Loans Payable$96,900$94,825▼ $2,075
Other Liabilities$68,931$68,931→ $0
Total Liabilities$165,831$163,756▼ $2,075
Net Assets / Fund Balance
Total Net Assets Fund Balance$139,240$127,293▼ $11,947
Total Liabilities and Net Assets / Fund Balance$305,071$291,049▼ $14,022
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jackie FullinPresident
Steven LawlorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$172,065
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-11,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$101,889
Other Expenses$82,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,064--$90,064
Payroll Taxes$11,825--$11,825
All Other Expenses$10,386--$10,386
Other Expenses$7,267--$7,267
Total Functional Expenses$184,012$0$0$184,012
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bond Acct Payable$68,931
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Demarest Swim Club
EIN
22-1639061
Phone
2017688182
Address
PO BOX 5, DEMAREST, NJ 07627

Signing Officer

Name
Steven Lawlor
Title
Treasurer
Phone
2017688182
Signed
2024-11-04

Organization Details

Principal Officer
Jackie Fullin
Formed
1959
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
10
Employees
62
Volunteers
20

Preparer

Firm
Steven J Lawlor CPA LLC
Address
235 PROSPECT AVE STE LE, HACKENSACK, NJ 07601-2540
Preparer
Steven J Lawlor CPA
Phone
2014889002
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Recreation - swimming club

Raw XML Appendix239 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PersonNm0STEVEN LAWLOR CPA
IRS990/BooksInCareOfDetail/PhoneNum02014889002
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IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/FormationYr01959
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0172065
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0238692
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0238692
IRS990/LandBldgEquipCostOrOtherBssAmt0238692
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RECREATION - SWIMMING CLUB
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0139240
IRS990/NetAssetsOrFundBalancesEOYAmt0127293
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MAINTENANCE & CHEMICALS
IRS990/OtherExpensesGrp/Desc1INSURANCE
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IRS990/OtherExpensesGrp/ProgramServicesAmt030136
IRS990/OtherExpensesGrp/ProgramServicesAmt121030
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IRS990/OtherExpensesGrp/ProgramServicesAmt37267
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090064
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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011825
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0172065
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0147423
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0139240
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068931
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IRS990ScheduleD/TotalLiabilityAmt068931
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/ReturnTs02024-11-05T15:57:10-05:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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No mirrored PDF or thumbnail assets are attached yet.