Civic Intelligence

Ridley Park Swim Club

EIN 23-1548032 • 501(c)7 • Ridley Park, PA

NTEE N50

Profile

To provide rest and aquatic recreation for its members.

PO Box 352Ridley Park, PA 19078

www.ridleyparkswimclub.com

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.25x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE N • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.82x

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

NTEE N • $500k-$1M nonprofits • Source year 2023

Net Margin

18th percentile

-5.9%

Higher net margin than 18% of similar nonprofits.

NTEE N • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE N • $500k-$1M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$935,695

No earlier filing loaded for comparison.

Liabilities

$229,692

No earlier filing loaded for comparison.

Net Assets

$706,003

No earlier filing loaded for comparison.

Revenue

$280,208

No earlier filing loaded for comparison.

Expenses

$296,793

No earlier filing loaded for comparison.

Net Income

-$16,585

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2023: $935,695Liabilities 2023: $229,692Net Assets 2023: $706,0032023

Highlighted filing

2023

Assets$935,695
Liabilities$229,692
Net Assets$706,003

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2023: $280,208Expenses 2023: $296,793Net Income 2023: -$16,5852023

Highlighted filing

2023

Revenue$280,208
Expenses$296,793
Net Income-$16,585

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$9.36$2.30$7.06$2.80$2.97$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.0
Gross Receipts
$280,208
Mission and Program Overview

Mission

To provide rest and aquatic recreation for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$884,229$932,163▲ $47,934
Rtn Earn Endowment Incm Other Fnds$722,213$706,003▼ $16,210
Cash and Non-Interest-Bearing Accounts$63,112$3,532▼ $59,580
Total Assets$947,341$935,695▼ $11,646
Liabilities
Other Liabilities$224,634$227,657▲ $3,023
Accounts Payable and Accrued Expenses$494$2,035▲ $1,541
Total Liabilities$225,128$229,692▲ $4,564
Net Assets / Fund Balance
Total Net Assets Fund Balance$722,213$706,003▼ $16,210
Total Liabilities and Net Assets / Fund Balance$947,341$935,695▼ $11,646

Asset Categories

AssetBook ValueDepreciationBasis
Land$880,000-$880,000
Buildings-$205,000$205,000
Other Land Buildings$52,163$1,488$53,651
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kimberly KovacPresident
Antoinette CrocetttoSecretary
Richard SmithTreasurer
Nicholas CrocettoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$240,220
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$39,988
Change in Net Assets
$-16,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,977
Salaries, Compensation, and Employee Benefits$118,816
Total Fundraising Expense$1,890
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,049--$107,049
Insurance$35,555--$35,555
All Other Expenses$26,105-$1,890$27,995
Other Expenses$15,804--$15,804
Payroll Taxes$11,767--$11,767
Office Expenses$8,816--$8,816
Fees for Services Accounting-$7,326-$7,326
Interest-$5,857-$5,857
Depreciation Depletion$1,640--$1,640
Total Functional Expenses$281,720$13,183$1,890$296,793
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,059
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Famil$20,059$20,059-$20,059
Total Events$20,059$20,059-$20,059
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bank Loan$114,657
Bonds - Current Members$60,000
Bonds - Former Members$32,000
Long-term Business Loans$15,000
Board Member Loans$6,000
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
Ridley Park Swim Club
EIN
23-1548032
Phone
6108830066
Address
PO BOX 352, RIDLEY PARK, PA 19078

Signing Officer

Name
Richard Smith
Title
Treasurer
Phone
6108830066
Signed
2024-11-12

Organization Details

Principal Officer
Richard Smith
Formed
1960
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
35

Preparer

Firm
Mb Advisors CPA
Address
230 N MONROE STREET, MEDIA, PA 19063
Preparer
Greg Mangasarian
Phone
6108917710
Supplemental Narrative

Additional Explanations

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

Swim club provides rest and recreation for its members.

Form 990, Part XI, Line 9

Book / tax depreciation difference 375

Raw XML Appendix297 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.

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ReturnHeader/TaxPeriodEndDt02023-12-31
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