How West Hartford Waves Swim Team Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about West Hartford Waves Swim Team Inc
Is West Hartford Waves Swim Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West Hartford Waves Swim Team Inc (EIN: 141894129) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is West Hartford Waves Swim Team Inc a good charity to donate to?
West Hartford Waves Swim Team Inc has a Mission Score of 90/100. Revenue: $52K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for West Hartford Waves Swim Team Inc?
The Employer Identification Number (EIN) for West Hartford Waves Swim Team Inc is 141894129. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does West Hartford Waves Swim Team Inc spend its money?
West Hartford Waves Swim Team Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify West Hartford Waves Swim Team Inc's tax-exempt status?
You can verify West Hartford Waves Swim Team Inc's tax-exempt status using EIN 141894129 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
West Hartford Waves Swim Team Inc appears to be a small, community-focused organization with a consistent revenue stream, averaging around $50,000 annually over the past eight years. The organization demonstrates sound financial health, particularly in its latest filing (201904) where revenue ($52,089) significantly exceeded expenses ($36,673), leading to a healthy increase in assets to $30,501 with no reported liabilities. This positive financial trend is a good indicator of stability and responsible management.
The organization's spending efficiency is commendable, especially given its small scale. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation across all reported periods suggests that the organization is likely volunteer-led, which inherently maximizes the proportion of funds available for its mission. The consistent growth in assets from $6,433 in 2017 to $30,501 in 2019, coupled with zero liabilities, further reinforces a picture of prudent financial stewardship.
Transparency is generally good, with eight years of consistent IRS 990 filings available. The lack of officer compensation is a strong positive for transparency and public trust, indicating that resources are not being diverted to high executive salaries. Overall, West Hartford Waves Swim Team Inc presents as a financially stable and efficiently managed small nonprofit, effectively utilizing its resources for its stated purpose.