Is Dekalb Aquatics Swim Team Incorporated Legit?

Quick charity verification for Dekalb Aquatics Swim Team Incorporated (EIN: 10718987)

Verdict: Dekalb Aquatics Swim Team Incorporated appears trustworthy

85/100Mission Score
$428KRevenue
$110KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Dekalb Aquatics Swim Team Incorporated demonstrates consistent operational activity with revenues and expenses generally balancing out over the past decade. The organization's financial health appears stable, with assets growing from $27,345 in 2014 to $149,003 in 2023, indicating a healthy accumulation of resources. Liabilities have remained very low or zero in recent years, suggesting good financial management and minimal debt burden. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data. However, the consistent near-zero officer compensation across all reported periods suggests a strong volunteer-driven leadership model, which can contribute to lower administrative overhead. Transparency is high regarding executive compensation, as it is consistently reported as 0%. Further transparency could be enhanced with more granular expense reporting.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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