Manchester Swim & Racquet Club Inc 5800 Faringdon Place
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Manchester Swim & Racquet Club Inc 5800 Faringdon Place is a 501(c)(7) organization based in Raleigh, North Carolina, registered in 1992, with $72,127 in FY2023 revenue. CharityIndex grades it B.
Po Box 99245, Raleigh, NC, 27624 EIN 56-1594365 Since 1992
Revenue (FY2023)
$72K
▲ 10.0% vs prior year
Expenses (FY2023)
$69K
Net assets
$134K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Manchester Swim & Racquet Club Inc 5800 Faringdon Place— 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 rating23 mo reserves · +4% 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 Manchester Swim & Racquet Club Inc 5800 Faringdon Place: 23 mo reserves · +4% 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 Manchester Swim & Racquet Club Inc 5800 Faringdon Place— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Manchester Swim & Racquet Club Inc 5800 Faringdon Place: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 99245, Raleigh, NC, 27624
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $60K (FY2020) to $72K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$134K
Net assets
$134K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $72,127▲10.0% | $69,010▲7.8% | $134,115▲2.4% | $134,115▲2.4% | 990EZ |
| 2022 | $65,575▼5.2% | $64,035▲0.8% | $130,998▲1.2% | $130,998▲1.2% | 990EZ |
| 2021 | $69,179▲14.4% | $63,539▼1.0% | $129,458▼74.1% | $129,458▼74.1% | 990EZ |
| 2020 | $60,458 | $64,150 | $499,502 | $499,502 | 990EZ |
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 Manchester Swim & Racquet Club Inc 5800 Faringdon Place a legitimate nonprofit?
- Yes. Manchester Swim & Racquet Club Inc 5800 Faringdon Place is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 56-1594365, based in Raleigh, North Carolina.
- What is Manchester Swim & Racquet Club Inc 5800 Faringdon Place's EIN?
- Manchester Swim & Racquet Club Inc 5800 Faringdon Place's Employer Identification Number (EIN) is 56-1594365.
- How much revenue does Manchester Swim & Racquet Club Inc 5800 Faringdon Place report?
- Manchester Swim & Racquet Club Inc 5800 Faringdon Place reported $72,127 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Manchester Swim & Racquet Club Inc 5800 Faringdon Place have?
- CharityIndex grades Manchester Swim & Racquet Club Inc 5800 Faringdon Place B, based on financial health (reserves and operating margin).
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Data for Manchester Swim & Racquet Club Inc 5800 Faringdon Place (EIN 56-1594365) 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.