Aquarium Of Boise Inc
Aquarium Of Boise Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 203536638 · Boise, ID · NTEE: D50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $994K |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Aquarium Of Boise Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aquarium Of Boise Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aquarium Of Boise Inc
Aquarium Of Boise Inc (EIN: 203536638) is a nonprofit organization based in Boise, ID, classified under NTEE code D50. The organization reported total revenue of $1.4M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aquarium Of Boise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aquarium Of Boise Inc is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 58.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $994K |
| Surplus / Deficit | +$303K |
| Total Assets | $1.3M |
| Total Liabilities | $23K |
| Net Assets | $1.2M |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Aquarium Of Boise Inc reported a surplus of $303K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Aquarium Of Boise Inc's revenue has grown at a compound annual growth rate (CAGR) of 58.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +9.4% | +32.1% |
| 2022 | -8.1% | +23.5% | +34.4% |
| 2021 | +113.2% | +16.9% | +320.3% |
| 2020 | -26.6% | -10.7% | -19.0% |
| 2019 | +10.8% | -2.2% | +58.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aquarium Of Boise Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aquarium Of Boise Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $303K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led executive structure or that compensation is reported under other categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aquarium Of Boise Inc's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate aggressive accounting or a very conservative financial strategy.
- 0% officer compensation reported across all filings, which is atypical for an organization with over $1 million in revenue and could warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Aquarium Of Boise Inc:
- Consistent and significant revenue growth, from $598,465 in 2020 to $1,297,772 in 2023.
- Strong asset accumulation, growing from $169,333 in 2020 to $1,264,261 in 2023.
- Efficient spending with revenue consistently exceeding expenses, leading to healthy surpluses.
- Very low liabilities relative to assets, indicating strong financial stability.
- No reported officer compensation, suggesting a high dedication to mission-focused spending.
Frequently Asked Questions about Aquarium Of Boise Inc
Is Aquarium Of Boise Inc a legitimate charity?
Aquarium Of Boise Inc (EIN: 203536638) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Aquarium Of Boise Inc spend its money?
Aquarium Of Boise Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aquarium Of Boise Inc tax-deductible?
Aquarium Of Boise Inc is registered as a tax-exempt nonprofit (EIN: 203536638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aquarium Of Boise Inc's spending goes to programs?
Aquarium Of Boise Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aquarium Of Boise Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Aquarium Of Boise Inc is above average for NTEE category D50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aquarium Of Boise Inc located?
Aquarium Of Boise Inc is headquartered in Boise, Idaho and files with the IRS under EIN 203536638. It is classified under NTEE code D50.
How many years of IRS 990 filings does Aquarium Of Boise Inc have?
Aquarium Of Boise Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Is Aquarium Of Boise Inc a good charity?
Based on its financial data, Aquarium Of Boise Inc appears to be a good charity. It demonstrates strong financial health with consistent revenue growth, significant asset accumulation, and efficient spending where revenue consistently exceeds expenses. The absence of reported officer compensation also suggests a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue has more than doubled from $598,465 in 2020 to $1,297,772 in 2023, and assets have grown nearly tenfold from $169,333 to $1,264,261 in the same period, indicating robust growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its executive leadership may be entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990 form. This indicates a strong commitment to directing funds towards its mission.
Are there any concerns regarding the organization's liabilities?
No, liabilities appear to be well-managed and low relative to assets. For example, in 2023, liabilities were only $23,408 compared to assets of $1,264,261, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Aquarium Of Boise Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Aquarium Of Boise Inc's revenue has grown by 38432.4%, moving from $3K to $1.3M. Total assets increased by 31898.5% over the same period, from $4K to $1.3M. Total functional expenses rose by 44097.1%, from $2K to $994K. In its most recent filing year (2023), Aquarium Of Boise Inc reported a surplus of $303K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $994K | $1.3M | $23K | — | — |
| 2022 | $1.2M | $909K | $957K | $19K | — | — |
| 2021 | $1.3M | $736K | $712K | $15K | — | — |
| 2020 | $598K | $630K | $169K | $10K | — | View 990 |
| 2019 | $816K | $705K | $209K | $19K | — | View 990 |
| 2018 | $736K | $721K | $132K | $765 | — | View 990 |
| 2017 | $765K | $684K | $148K | $70K | — | View 990 |
| 2016 | $713K | $661K | $308K | $92K | — | View 990 |
| 2015 | $755K | $703K | $319K | $155K | — | View 990 |
| 2014 | $143K | $289K | $340K | $220K | — | View 990 |
| 2010 | $3K | $2K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $994K, and assets of $1.3M (revenue +10.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $909K, and assets of $957K (revenue -8.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $736K, and assets of $712K (revenue +113.2% year-over-year).
- 2020: Revenue of $598K, expenses of $630K, and assets of $169K (revenue -26.6% year-over-year).
- 2019: Revenue of $816K, expenses of $705K, and assets of $209K (revenue +10.8% year-over-year).
- 2018: Revenue of $736K, expenses of $721K, and assets of $132K (revenue -3.7% year-over-year).
- 2017: Revenue of $765K, expenses of $684K, and assets of $148K (revenue +7.3% year-over-year).
- 2016: Revenue of $713K, expenses of $661K, and assets of $308K (revenue -5.6% year-over-year).
- 2015: Revenue of $755K, expenses of $703K, and assets of $319K (revenue +427.2% year-over-year).
- 2014: Revenue of $143K, expenses of $289K, and assets of $340K (revenue +4153.2% year-over-year).
- 2010: Revenue of $3K, expenses of $2K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aquarium Of Boise Inc:
Data Sources and Methodology
This transparency report for Aquarium Of Boise Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.