Old Farm Swim & Paddle Tennis Club Inc is a 501(c)(7) organization based in Rockville, Maryland, registered in 1964, with $436,904 in FY2022 revenue. CharityIndex grades it C+.
Revenue (FY2022)
$437K
▲ 5.3% vs prior year
Expenses (FY2022)
$368K
Net assets
$728K
Employees
—
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 →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 Old Farm Swim & Paddle Tennis 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 →
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 Old Farm Swim & Paddle Tennis Club Inc: 24 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
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 Old Farm Swim & Paddle Tennis 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 →
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 Old Farm Swim & Paddle Tennis Club Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $177K (FY2009) to $437K (FY2022) across 12 reported years.
Financial snapshot
Operating margin
15.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$491K
Net assets
$728K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $436,904▲5.3% | $367,999▼6.5% | $728,171▲10.4% | $1,218,928▲1.6% | 990 |
| 2021 | $414,880▼0.2% | $393,640▲44.4% | $659,566▲3.3% | $1,199,262▲68.9% | 990 |
| 2020 | $415,912▲64.2% | $272,695▲34.4% | $638,326▲28.9% | $710,056▲22.7% | 990 |
| 2019 | $253,316▼8.6% | $202,824▼5.5% | $495,109▲11.3% | $578,894▲7.2% | 990 |
| 2018 | $277,255▲10.9% | $214,533▲2.2% | $444,917▲16.4% | $540,183▲10.6% | 990 |
| 2017 | $250,017▼6.2% | $209,986▲3.7% | $382,195▲11.7% | $488,592▲6.2% | 990 |
| 2016 | $266,401▲13.4% | $202,509▲10.5% | $342,164▲34.4% | $460,122▲20.2% | 990 |
| 2015 | $235,006▲0.5% | $183,320▲4.7% | $254,573▲25.5% | $382,777▲12.3% | 990 |
| 2014 | $233,782▲4.6% | $175,031▼6.0% | $202,886▲39.6% | $340,931▲16.4% | 990 |
| 2013 | $223,480 | $186,142▲8.0% | $145,335▲34.6% | $292,839▲11.1% | 990 |
| 2012 | — | $172,433▲15.9% | $107,997▲34.2% | $263,655▲7.6% | 990 |
| 2011 | $194,997▲10.0% | $148,791▼5.5% | $80,499▲308% | $245,126▲70.8% | 990EZ |
| 2009 | $177,331 | $157,410 | $19,737 | $143,525 | 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.
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Data for Old Farm Swim & Paddle Tennis Club Inc (EIN 52-0802035) 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.