Dekalb Aquatics Swim Team Incorporated
Dekalb Aquatics Swim Team maintains stable finances with consistent revenue and expenses, and no reported officer compensation.
EIN: 10718987 · Snellville, GA · NTEE: O50 · Updated: 2026-03-27
About Dekalb Aquatics Swim Team Incorporated
Dekalb Aquatics Swim Team Incorporated (EIN: 10718987) is a nonprofit organization based in Snellville, GA, classified under NTEE code O50. The organization reported total revenue of $428K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dekalb Aquatics Swim Team Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dekalb Aquatics Swim Team Incorporated with a Mission Score of 85 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, Dekalb Aquatics Swim Team Incorporated 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are uncompensated, which is a positive sign for minimizing administrative costs.
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 Dekalb Aquatics Swim Team Incorporated's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.
Strengths
The following positive indicators were identified for Dekalb Aquatics Swim Team Incorporated:
- Consistent zero officer compensation, indicating volunteer leadership and low administrative overhead.
- Healthy growth in assets over the past decade, from $27,345 in 2014 to $149,003 in 2023.
- Very low to zero liabilities, demonstrating strong financial management and minimal debt.
- Stable revenue and expense patterns, suggesting consistent operational activity and financial predictability.
Frequently Asked Questions about Dekalb Aquatics Swim Team Incorporated
How does Dekalb Aquatics Swim Team Incorporated manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership for its executive functions, which is a common model for smaller nonprofits and can significantly reduce administrative overhead.
What is the trend in the organization's net assets over the past few years?
Net assets have shown a positive trend, growing from $90,397 in 2020 to $149,003 in 2023, indicating a healthy accumulation of resources and financial stability.
Are there any concerns regarding the organization's liabilities?
No, liabilities have been consistently low, often reported as $0 or very minimal in recent years (e.g., $0 in 2023, $15 in 2022), which is a strong indicator of sound financial management and low debt risk.
Filing History
IRS 990 filing history for Dekalb Aquatics Swim Team Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dekalb Aquatics Swim Team Incorporated's revenue has grown by 63%, moving from $315K to $513K. Total assets increased by 226.7% over the same period, from $46K to $149K. Total functional expenses rose by 57.9%, from $326K to $515K. In its most recent filing year (2023), Dekalb Aquatics Swim Team Incorporated reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $513K | $515K | $149K | $0 | — | — |
| 2022 | $583K | $589K | $151K | $15 | — | — |
| 2021 | $590K | $472K | $170K | $14K | — | View 990 |
| 2020 | $313K | $366K | $90K | $53K | — | View 990 |
| 2019 | $471K | $472K | $77K | $1K | — | View 990 |
| 2018 | $468K | $445K | $80K | $912 | — | View 990 |
| 2017 | $409K | $390K | $60K | $995 | — | View 990 |
| 2016 | $421K | $379K | $41K | $361 | — | View 990 |
| 2015 | $324K | $325K | $38K | $1K | — | View 990 |
| 2014 | $329K | $325K | $27K | $10K | — | View 990 |
| 2013 | $327K | $348K | $23K | $10K | — | View 990 |
| 2012 | $358K | $369K | $36K | $1K | — | View 990 |
| 2011 | $315K | $326K | $46K | $487 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $513K, expenses of $515K, and assets of $149K (revenue -12.0% year-over-year).
- 2022: Revenue of $583K, expenses of $589K, and assets of $151K (revenue -1.2% year-over-year).
- 2021: Revenue of $590K, expenses of $472K, and assets of $170K (revenue +88.3% year-over-year).
- 2020: Revenue of $313K, expenses of $366K, and assets of $90K (revenue -33.5% year-over-year).
- 2019: Revenue of $471K, expenses of $472K, and assets of $77K (revenue +0.7% year-over-year).
- 2018: Revenue of $468K, expenses of $445K, and assets of $80K (revenue +14.6% year-over-year).
- 2017: Revenue of $409K, expenses of $390K, and assets of $60K (revenue -3.0% year-over-year).
- 2016: Revenue of $421K, expenses of $379K, and assets of $41K (revenue +30.1% year-over-year).
- 2015: Revenue of $324K, expenses of $325K, and assets of $38K (revenue -1.7% year-over-year).
- 2014: Revenue of $329K, expenses of $325K, and assets of $27K (revenue +0.7% year-over-year).
- 2013: Revenue of $327K, expenses of $348K, and assets of $23K (revenue -8.8% year-over-year).
- 2012: Revenue of $358K, expenses of $369K, and assets of $36K (revenue +13.8% year-over-year).
- 2011: Revenue of $315K, expenses of $326K, and assets of $46K.
Data Sources and Methodology
This transparency report for Dekalb Aquatics Swim Team Incorporated 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.