Columbus Aquatic Club Inc
EIN: 581403010 · Columbus, GA
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $344K |
| Net Assets | $14K |
Is Columbus Aquatic Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Columbus Aquatic Club Inc
Columbus Aquatic Club Inc (EIN: 581403010) is a nonprofit organization based in Columbus, GA. The organization reported total revenue of $341K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbus Aquatic Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbus Aquatic Club Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $344K |
| Surplus / Deficit | $-3,180 |
| Total Assets | $16K |
| Total Liabilities | $2K |
| Net Assets | $14K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Columbus Aquatic Club Inc reported a deficit of $3K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbus Aquatic Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +3.7% | -19.0% |
| 2022 | +18.5% | +24.2% | -51.5% |
| 2021 | +23.4% | +13.8% | -11.8% |
| 2020 | -35.1% | -31.3% | -32.6% |
| 2019 | -7.6% | -5.8% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Columbus Aquatic Club 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 Columbus Aquatic Club 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Frequently Asked Questions about Columbus Aquatic Club Inc
Is Columbus Aquatic Club Inc a legitimate charity?
Columbus Aquatic Club Inc (EIN: 581403010) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $341K. No red flags identified. Financial health grade: C.
How does Columbus Aquatic Club Inc spend its money?
Columbus Aquatic Club Inc reported $341K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Columbus Aquatic Club Inc tax-deductible?
Columbus Aquatic Club Inc is registered as a tax-exempt nonprofit (EIN: 581403010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Columbus Aquatic Club Inc located?
Columbus Aquatic Club Inc is headquartered in Columbus, Georgia and files with the IRS under EIN 581403010.
How many years of IRS 990 filings does Columbus Aquatic Club Inc have?
Columbus Aquatic Club Inc has 13 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 $341K in total revenue.
Filing History
IRS 990 filing history for Columbus Aquatic Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbus Aquatic Club Inc's revenue has grown by 115.6%, moving from $158K to $341K. Total assets decreased by 80.6% over the same period, from $82K to $16K. Total functional expenses rose by 169.5%, from $128K to $344K. In its most recent filing year (2023), Columbus Aquatic Club Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2K in liabilities against $16K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $341K | $344K | $16K | $2K | — | — |
| 2022 | $311K | $332K | $20K | $2K | — | View 990 |
| 2021 | $263K | $267K | $40K | $3K | — | View 990 |
| 2020 | $213K | $235K | $46K | $3K | — | View 990 |
| 2019 | $328K | $341K | $68K | $4K | — | View 990 |
| 2018 | $355K | $363K | $81K | $3K | — | View 990 |
| 2017 | $343K | $351K | $88K | $2K | — | View 990 |
| 2016 | $313K | $378K | $100K | $6K | — | View 990 |
| 2015 | $390K | $355K | $163K | $4K | — | View 990 |
| 2014 | $296K | $258K | $127K | $3K | — | View 990 |
| 2013 | $204K | $206K | $88K | $2K | — | View 990 |
| 2012 | $177K | $172K | $87K | $0 | — | View 990 |
| 2011 | $158K | $128K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $341K, expenses of $344K, and assets of $16K (revenue +9.5% year-over-year).
- 2022: Revenue of $311K, expenses of $332K, and assets of $20K (revenue +18.5% year-over-year).
- 2021: Revenue of $263K, expenses of $267K, and assets of $40K (revenue +23.4% year-over-year).
- 2020: Revenue of $213K, expenses of $235K, and assets of $46K (revenue -35.1% year-over-year).
- 2019: Revenue of $328K, expenses of $341K, and assets of $68K (revenue -7.6% year-over-year).
- 2018: Revenue of $355K, expenses of $363K, and assets of $81K (revenue +3.4% year-over-year).
- 2017: Revenue of $343K, expenses of $351K, and assets of $88K (revenue +9.5% year-over-year).
- 2016: Revenue of $313K, expenses of $378K, and assets of $100K (revenue -19.7% year-over-year).
- 2015: Revenue of $390K, expenses of $355K, and assets of $163K (revenue +31.5% year-over-year).
- 2014: Revenue of $296K, expenses of $258K, and assets of $127K (revenue +45.0% year-over-year).
- 2013: Revenue of $204K, expenses of $206K, and assets of $88K (revenue +15.5% year-over-year).
- 2012: Revenue of $177K, expenses of $172K, and assets of $87K (revenue +11.9% year-over-year).
- 2011: Revenue of $158K, expenses of $128K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbus Aquatic Club Inc:
Data Sources and Methodology
This transparency report for Columbus Aquatic Club 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.