Quick charity verification for Winchester Swim Team Inc (EIN: 202411904)
Verdict: Winchester Swim Team Inc appears trustworthy
70/100Mission Score
$338KRevenue
$50KAssets
3Red Flags
3Strengths
Red Flags
Operating deficits in multiple recent years (2023, 2021, 2020, 2019)
Significant decline in assets from $187,534 in 2017 to $27,621 in 2023
Revenue volatility, with a sharp drop from $334,143 in 2022 to $220,485 in 2023
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds
Long operational history with 13 IRS 990 filings
Relatively low liabilities across most periods
Spending Breakdown
How Winchester Swim Team Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Winchester Swim Team Inc
Is Winchester Swim Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Winchester Swim Team Inc (EIN: 202411904) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Winchester Swim Team Inc a good charity to donate to?
Winchester Swim Team Inc has a Mission Score of 70/100. Revenue: $338K. Assets: $50K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Winchester Swim Team Inc?
The Employer Identification Number (EIN) for Winchester Swim Team Inc is 202411904. 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 Winchester Swim Team Inc spend its money?
Winchester Swim Team Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Winchester Swim Team Inc's tax-exempt status?
You can verify Winchester Swim Team Inc's tax-exempt status using EIN 202411904 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
Winchester Swim Team Inc. demonstrates a fluctuating financial position over the past several years. While the organization reported a healthy revenue of $334,143 in 2022, it experienced a significant deficit in 2023 with expenses ($302,021) exceeding revenue ($220,485), leading to a decrease in assets from $116,746 to $27,621. This recent trend of spending more than it earns, also seen in 2021 and 2019, suggests potential challenges in maintaining financial stability without consistent revenue growth or expense management. The organization consistently reports 0% officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds for its mission.
Spending efficiency appears to be generally strong, with a focus on program delivery given the nature of a swim team. However, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The consistent reporting of zero officer compensation across all filings indicates a high level of transparency regarding executive pay, suggesting that leadership is likely volunteer-based or compensated through other means not classified as officer compensation.
The organization's assets have seen a notable decline from a peak of $187,534 in 2017 to $27,621 in 2023, raising questions about long-term financial resilience. While liabilities have remained relatively low, the recent substantial drop in assets combined with operating deficits warrants closer monitoring. Overall, while the organization benefits from volunteer leadership, its recent financial performance indicates a need for strategic planning to ensure sustainable operations and rebuild its asset base.