Bismarck Aquatics And Fitness Inc
EIN: 264028375 · Bismarck, ND · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $424K |
| Net Assets | $115K |
Is Bismarck Aquatics And Fitness Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bismarck Aquatics And Fitness Inc
Bismarck Aquatics And Fitness Inc (EIN: 264028375) is a nonprofit organization based in Bismarck, ND, classified under NTEE code N67. The organization reported total revenue of $426K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bismarck Aquatics And Fitness Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bismarck Aquatics And Fitness Inc is a small nonprofit that has been operating for 2 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $424K |
| Surplus / Deficit | +$15K |
| Total Assets | $117K |
| Total Liabilities | $2K |
| Net Assets | $115K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Bismarck Aquatics And Fitness Inc reported a surplus of $15K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 8 years of filings (2015–2023), Bismarck Aquatics And Fitness Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.1% | +22.3% | +12.0% |
| 2022 | -4.1% | +8.6% | -2.4% |
| 2021 | +55.7% | +25.1% | +66.8% |
| 2020 | -23.4% | -26.2% | -27.2% |
| 2019 | -5.2% | +7.4% | -20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2500 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bismarck Aquatics And Fitness Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bismarck Aquatics And Fitness Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Bismarck Aquatics And Fitness Inc
Is Bismarck Aquatics And Fitness Inc a legitimate charity?
Bismarck Aquatics And Fitness Inc (EIN: 264028375) is a registered tax-exempt nonprofit based in North Dakota. It has 8 years of IRS 990 filings on record. Total revenue: $426K. No red flags identified. Financial health grade: A.
How does Bismarck Aquatics And Fitness Inc spend its money?
Bismarck Aquatics And Fitness Inc reported $426K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bismarck Aquatics And Fitness Inc tax-deductible?
Bismarck Aquatics And Fitness Inc is registered as a tax-exempt nonprofit (EIN: 264028375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bismarck Aquatics And Fitness Inc located?
Bismarck Aquatics And Fitness Inc is headquartered in Bismarck, North Dakota and files with the IRS under EIN 264028375. It is classified under NTEE code N67.
How many years of IRS 990 filings does Bismarck Aquatics And Fitness Inc have?
Bismarck Aquatics And Fitness Inc has 8 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 $426K in total revenue.
Filing History
IRS 990 filing history for Bismarck Aquatics And Fitness Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Bismarck Aquatics And Fitness Inc's revenue has grown by 88.7%, moving from $232K to $439K. Total assets increased by 176.4% over the same period, from $42K to $117K. Total functional expenses rose by 79.4%, from $236K to $424K. In its most recent filing year (2023), Bismarck Aquatics And Fitness Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $2K in liabilities against $117K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $424K | $117K | $2K | — | — |
| 2022 | $345K | $347K | $104K | $4K | — | — |
| 2021 | $360K | $319K | $107K | $4K | — | — |
| 2020 | $231K | $255K | $64K | $2K | — | — |
| 2019 | $302K | $346K | $88K | $2K | — | — |
| 2018 | $318K | $322K | $110K | $1K | — | — |
| 2017 | $376K | $341K | $114K | $0 | — | — |
| 2015 | $232K | $236K | $42K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $424K, and assets of $117K (revenue +27.1% year-over-year).
- 2022: Revenue of $345K, expenses of $347K, and assets of $104K (revenue -4.1% year-over-year).
- 2021: Revenue of $360K, expenses of $319K, and assets of $107K (revenue +55.7% year-over-year).
- 2020: Revenue of $231K, expenses of $255K, and assets of $64K (revenue -23.4% year-over-year).
- 2019: Revenue of $302K, expenses of $346K, and assets of $88K (revenue -5.2% year-over-year).
- 2018: Revenue of $318K, expenses of $322K, and assets of $110K (revenue -15.4% year-over-year).
- 2017: Revenue of $376K, expenses of $341K, and assets of $114K (revenue +61.8% year-over-year).
- 2015: Revenue of $232K, expenses of $236K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bismarck Aquatics And Fitness Inc:
Data Sources and Methodology
This transparency report for Bismarck Aquatics And Fitness 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.