Cheverly Swim & Racquet Club Inc
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Cheverly Swim & Racquet Club Inc is a 501(c)(7) organization based in Cheverly, Maryland, registered in 1962, with $660,434 in FY2022 revenue. CharityIndex grades it C+.
5600 Euclid St, Cheverly, MD, 20785 EIN 52-0673436 Since 1962
Revenue (FY2022)
$660K
▲ 7.2% vs prior year
Expenses (FY2022)
$683K
Net assets
$527K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Cheverly 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 →
B+Financial health25% of the rating9 mo reserves · -3% 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 Cheverly Swim & Racquet Club Inc: 9 mo reserves · -3% margin earns a B+ 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 Cheverly 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 Cheverly Swim & Racquet Club Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $406K (FY2013) to $660K (FY2022) across 9 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $419KNet assets $527K
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$946K
Total liabilities
$419K
Net assets
$527K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $660,434▲7.2% | $682,793▲13.5% | $527,460▼4.1% | $946,131▲4.5% | 990 |
| 2021 | $616,057▲86.9% | $601,696▲58.4% | $549,821▼32.0% | $904,977▼1.1% | 990 |
| 2019 | $329,574▼27.0% | $379,944▼36.2% | $808,828▲1.7% | $914,947▼0.2% | 990 |
| 2018 | $451,359▼0.6% | $595,875▲36.6% | $795,343▼14.5% | $917,135▼13.8% | 990 |
| 2017 | $454,015▼0.1% | $436,101▲14.8% | $930,306▲3.4% | $1,064,472▲0.5% | 990 |
| 2016 | $454,541▲2.1% | $379,955▼0.2% | $900,124▲7.1% | $1,059,134▲3.5% | 990 |
| 2015 | $445,081▲12.7% | $380,906▼6.7% | $840,542▲10.0% | $1,023,722▲5.1% | 990 |
| 2014 | $395,081▼2.7% | $408,106▲5.7% | $763,906▲2.6% | $974,122▼0.1% | 990 |
| 2013 | $405,838 | $386,239 | $744,285 | $975,022 | 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 Cheverly Swim & Racquet Club Inc a legitimate nonprofit?
- Yes. Cheverly Swim & Racquet Club Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 52-0673436, based in Cheverly, Maryland.
- What is Cheverly Swim & Racquet Club Inc's EIN?
- Cheverly Swim & Racquet Club Inc's Employer Identification Number (EIN) is 52-0673436.
- How much revenue does Cheverly Swim & Racquet Club Inc report?
- Cheverly Swim & Racquet Club Inc reported $660,434 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Cheverly Swim & Racquet Club Inc have?
- CharityIndex grades Cheverly Swim & Racquet Club Inc C+, based on financial health (reserves and operating margin).
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Data for Cheverly Swim & Racquet Club Inc (EIN 52-0673436) 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.