Barclay Downs Swim & Racquet Club Inc
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Barclay Downs Swim & Racquet Club Inc is a 501(c)(7) organization based in Charlotte, North Carolina, registered in 1995, with $888,202 in FY2023 revenue. CharityIndex grades it C+.
2812 Iverness Road, Charlotte, NC, 28209 EIN 56-0732144 Since 1995
Revenue (FY2023)
$888K
▲ 26.9% vs prior year
Expenses (FY2023)
$585K
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Barclay Downs Swim & Racquet Club Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating33 mo reserves · +34% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Barclay Downs Swim & Racquet Club Inc: 33 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Barclay Downs Swim & Racquet Club Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Barclay Downs Swim & Racquet Club Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2812 Iverness Road, Charlotte, NC, 28209
- City
- Charlotte
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $484K (FY2018) to $888K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $330KNet assets $1.6M
Operating margin
34.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$330K
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $888,202▲26.9% | $585,126▲8.4% | $1,605,845▲23.3% | $1,935,635▲13.1% | 990 |
| 2022 | $700,067▲14.4% | $539,957▲3.8% | $1,302,769▲14.1% | $1,711,588▲5.9% | 990 |
| 2021 | $612,193▲23.3% | $520,061▲19.8% | $1,141,915▲8.8% | $1,615,736▲1.0% | 990 |
| 2020 | $496,457▼0.9% | $434,250▲27.4% | $1,049,783▲6.3% | $1,600,047▼0.7% | 990 |
| 2019 | $500,979▲3.5% | $340,811▼20.0% | $987,576▲32.5% | $1,611,831▲12.0% | 990 |
| 2018 | $483,850 | $426,178 | $745,255 | $1,439,767 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Barclay Downs Swim & Racquet Club Inc a legitimate nonprofit?
- Yes. Barclay Downs Swim & Racquet Club Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 56-0732144, based in Charlotte, North Carolina.
- What is Barclay Downs Swim & Racquet Club Inc's EIN?
- Barclay Downs Swim & Racquet Club Inc's Employer Identification Number (EIN) is 56-0732144.
- How much revenue does Barclay Downs Swim & Racquet Club Inc report?
- Barclay Downs Swim & Racquet Club Inc reported $888,202 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Barclay Downs Swim & Racquet Club Inc have?
- CharityIndex grades Barclay Downs Swim & Racquet Club Inc C+, based on financial health (reserves and operating margin).
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Data for Barclay Downs Swim & Racquet Club Inc (EIN 56-0732144) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.