ORADELL SWIM CLUB CORP

EIN: 221683270 Recreation & Sports

ORADELL, NJ

Total Revenue
$466,990
Total Expenses
$459,697
Total Assets
$530,069
Net Assets
$530,069
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NJ
Principal Officer
John Scaligone
Phone
2015453061
Tax Period
2024-11-01 to 2025-10-31

ORADELL SWIM CLUB CORP, founded in 1975, is a small nonprofit in the Recreation & Sports sector that reported $467K in total revenue in fiscal year 2024.

Mission

To provide members a seasonal recreational facility for swimming.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $466,977
Investment Income $13
Other Revenue $0
TOTAL REVENUE $466,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $200,848
Fundraising Expenses $0
Program Expenses $0
Other Expenses $258,849
TOTAL EXPENSES $459,697

Year-over-Year Comparison

2024 2023 Change
Revenue $466,990 $449,713 +0.0%
Expenses $459,697 $413,544 +0.1%
Net Income $7,293 $36,169 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
126
Independent Members
126
Employees
58
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
3
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benjamin Tusse Vice Presidnt 1.00
Key Emp
$0 $0 $0
John Scaligone President 1.00
Officer
$0 $0 $0
Steve Zelman Treasurer 1.00
Key Emp
$0 $0 $0
Alison Banger Secretary 1.00
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $466,990 $459,697 $530,069 $7,293
2024 $449,713 $413,544 $522,776 $36,169
2023 $441,925 $393,489 $486,607 $48,436
2022 $405,492 $366,770 $438,161 $38,722
2021 $397,132 $330,243 $397,953 $66,889
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