Swingpals INC EIN 27-4234469 Form 990 (PDF) Claim this org

Swingpals INC

Not yet claimed Claim this org →

Empowers children facing adversity to reach their full potential and lead fulfilling lives. For fiscal year 2024 it reported $585K in revenue, $474K in expenses, and $627K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Youth Development
Location
Durham, NC
Website
www.swingpals.org
Filings
5 on file (2020–2024)
Revenue
$585KFY2024
Expenses
$474K
Net assets
$627K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-4234469 Public charity (501(c)(3)) Durham, NC Founded 2012
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Swingpals INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers children facing adversity to reach their full potential and lead fulfilling lives.
Leadership
Douglas Hodges · Executive Director
Money in and out
$585K revenue, $474K expenses
Bottom line
58% program efficiency
Where the money goes · FY2024
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$627K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $111K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.41 Fundraising $0.00
Program efficiency
58%
of spending reaches programs▼ -16% vs prior filing year
Operating runway
15.3mo
months of highly liquid reserves at operating expense rate▲ +17% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ +143% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$585K
FY2024▲ +22%
Expenses
$474K
FY2024▲ +7%
Total assets
$642K
FY2024▲ +22%
Total liabilities
$15K
FY2024▼ -19%
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$627K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$111K
Total assetsPt X · Ln 16$642K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $277K of program spending, described in the organization's own filed words · FY2024.
01

Swingpals, a 501(c)3 organization based in durham, NC, has been focused since 2012 on improving the physical and mental health of students in the durham public schools system. Through coaching golf, mindfulness, emotional regulation, and physical coordination, swingpals positively impacts the health and well-being of over 1,000 students…

$277Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSwingpals INC
EINHdr · item D27-4234469
Principal addressHdr · item CDurham, NC
WebsiteHdr · item Jwww.swingpals.org
Year of formationHdr · item L2012
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJul 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Swingpals INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$519K · 89%
Other revenue$53K · 9%
Investment income$13K · 2%
Contributions & grants89%$519K
Other revenue9%$53K
Investment income2%$13K
— government grantsLn 1e$44K
Total revenueLn 12$585K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.41 Fundraising $0.00
Program services58%$277K
Management & general41%$196K
Fundraising$1K
Total functional expensesLn 25$474K

Balance Sheet

Part X · end of year
CashLn 1$604K
Total assetsLn 16$642K
Total liabilitiesLn 26$15K
Total net assetsLn 32$627K
Months of cash on handcomputed15.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $604K · Operating expenses/yr $474K
15.3 months
Where the money goes
Program services
Program services $277K · Total expenses $474K
58%
Management & General
Management & general $196K · Total expenses $474K
41%
Fundraising
Fundraising $1K · Total expenses $474K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $504K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $519K · Total revenue $585K
89%
Government reliance
Government grants $44K · Total revenue $585K
7%
Earned-income share
Program service revenue $0 · Total revenue $585K
0%
Investment reliance
Investment income $13K · Total revenue $585K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $474K
0%
Growth & trend
Revenue growth (YoY)
This year $585K · Prior year $481K
+22%
Revenue CAGR
FY2019 $223K · FY2024 $585K
+21%
Net-asset trend (YoY)
End of year $627K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $585K · Expenses $474K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $642K
Net-asset ratio
Net assets $627K · Total assets $642K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $642K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Douglas Hodges · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $474K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $278K · Total expenses $474K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 41%
Fundraising cost ratio 0.2%
Revenue growth 22%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 12 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Swingpals INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$481K revenue · ⤓ 990 PDF
FY2023$551K revenue · ⤓ 990 PDF
FY2022$305K revenue · ⤓ 990 PDF
FY2021$230K revenue · ⤓ 990 PDF
FY2020$223K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.