Oakwood Swim & Racquet Club Inc
501(c)(7)
Only null% goes to programs Thin reserves
Oakwood Swim & Racquet Club Inc is a 501(c)(7) organization based in Mobile, Alabama, registered in 1965, with $237,039 in FY2024 revenue. CharityIndex grades it C.
Po Box 9303, Mobile, AL, 36691 EIN 63-0481499 Since 1965
Revenue (FY2024)
$237K
▲ 4.4% vs prior year
Expenses (FY2024)
$224K
Net assets
$2,926
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 Oakwood 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 →
CFinancial health25% of the rating0 mo reserves · +6% 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 Oakwood Swim & Racquet Club Inc: 0 mo reserves · +6% margin earns a C 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 Oakwood 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 →
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 Oakwood Swim & Racquet Club Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $180K (FY2013) to $237K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $152KNet assets $2,926
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$155K
Total liabilities
$152K
Net assets
$2,926
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $237,039▲4.4% | $223,803▼5.6% | $2,926▲128% | $155,076▼4.8% | 990 |
| 2023 | $227,059▲4.5% | $237,071▲7.6% | -$10,310▼3360% | $162,810▼24.8% | 990 |
| 2022 | $217,340▲0.4% | $220,269▲8.5% | -$298▼111% | $216,377▲14.2% | 990 |
| 2021 | $216,387▲20.8% | $202,926▲22.2% | $2,631▲124% | $189,513▼0.8% | 990 |
| 2020 | $179,061▲3.9% | $166,096▼2.1% | -$10,830▲54.5% | $191,121▲29.9% | 990 |
| 2019 | $172,419▲28.1% | $169,597▲7.1% | -$23,795▲10.6% | $147,100▼6.8% | 990 |
| 2018 | $134,626▼25.6% | $158,424▲3.2% | -$26,617▼844% | $157,840▲65.0% | 990 |
| 2017 | $180,998▼2.1% | $153,454▼4.9% | -$2,819▲89.1% | $95,647▲233% | 990 |
| 2016 | $184,832▲9.9% | $161,356▼6.7% | -$25,863▲47.1% | $28,732▲15.6% | 990 |
| 2015 | $168,223▼10.0% | $172,851▼7.4% | -$48,858▼10.7% | $24,864▼34.8% | 990 |
| 2014 | $186,904▲3.8% | $186,713▲3.7% | -$44,132▲0.4% | $38,120▲25.8% | 990 |
| 2013 | $180,089 | $180,070 | -$44,298 | $30,296 | 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 Oakwood Swim & Racquet Club Inc a legitimate nonprofit?
- Yes. Oakwood Swim & Racquet Club Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 63-0481499, based in Mobile, Alabama.
- What is Oakwood Swim & Racquet Club Inc's EIN?
- Oakwood Swim & Racquet Club Inc's Employer Identification Number (EIN) is 63-0481499.
- How much revenue does Oakwood Swim & Racquet Club Inc report?
- Oakwood Swim & Racquet Club Inc reported $237,039 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Oakwood Swim & Racquet Club Inc have?
- CharityIndex grades Oakwood Swim & Racquet Club Inc C, based on financial health (reserves and operating margin).
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Data for Oakwood Swim & Racquet Club Inc (EIN 63-0481499) 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.