Dewitt Area Swim Team
EIN: 263575407 · Dewitt, MI · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $319K |
| Net Assets | $493K |
Is Dewitt Area Swim Team Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dewitt Area Swim Team
Dewitt Area Swim Team (EIN: 263575407) is a nonprofit organization based in Dewitt, MI, classified under NTEE code N50. The organization reported total revenue of $423K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dewitt Area Swim Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dewitt Area Swim Team is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $383K |
| Total Expenses | $319K |
| Surplus / Deficit | +$64K |
| Total Assets | $494K |
| Total Liabilities | $801 |
| Net Assets | $493K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, Dewitt Area Swim Team reported a surplus of $64K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Dewitt Area Swim Team's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +17.4% | +15.1% |
| 2022 | +34.4% | +59.1% | +34.5% |
| 2021 | +77.1% | -6.9% | +55.7% |
| 2020 | -49.7% | -37.6% | -10.0% |
| 2019 | -19.5% | -15.0% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dewitt Area Swim Team 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 Dewitt Area Swim Team 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 $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Dewitt Area Swim Team
Is Dewitt Area Swim Team a legitimate charity?
Based on AI analysis of IRS 990 filings, Dewitt Area Swim Team (EIN: 263575407) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dewitt Area Swim Team spend its money?
Detailed spending breakdown data is not yet available for Dewitt Area Swim Team. Check back for updated IRS 990 analysis.
Are donations to Dewitt Area Swim Team tax-deductible?
Dewitt Area Swim Team is registered as a tax-exempt nonprofit (EIN: 263575407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dewitt Area Swim Team located?
Dewitt Area Swim Team is headquartered in Dewitt, Michigan and files with the IRS under EIN 263575407. It is classified under NTEE code N50.
How many years of IRS 990 filings does Dewitt Area Swim Team have?
Dewitt Area Swim Team has 12 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 $423K in total revenue.
Filing History
IRS 990 filing history for Dewitt Area Swim Team showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Dewitt Area Swim Team's revenue has grown by 269.7%, moving from $104K to $383K. Total assets increased by 995.5% over the same period, from $45K to $494K. Total functional expenses rose by 234%, from $96K to $319K. In its most recent filing year (2023), Dewitt Area Swim Team reported a surplus of $64K, with revenue exceeding expenses. The organization holds $801 in liabilities against $494K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $493K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $383K | $319K | $494K | $801 | — | — |
| 2022 | $382K | $272K | $429K | $0 | — | View 990 |
| 2021 | $285K | $171K | $319K | $536 | — | View 990 |
| 2020 | $161K | $184K | $205K | $127 | — | — |
| 2019 | $320K | $294K | $228K | $0 | — | View 990 |
| 2018 | $397K | $346K | $202K | $0 | — | View 990 |
| 2017 | $297K | $227K | $151K | $0 | — | View 990 |
| 2016 | $172K | $158K | $82K | $0 | — | View 990 |
| 2015 | $158K | $142K | $68K | $0 | — | View 990 |
| 2014 | $135K | $138K | $52K | $0 | — | View 990 |
| 2013 | $134K | $125K | $55K | $0 | — | View 990 |
| 2012 | $104K | $96K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $383K, expenses of $319K, and assets of $494K (revenue +0.1% year-over-year).
- 2022: Revenue of $382K, expenses of $272K, and assets of $429K (revenue +34.4% year-over-year).
- 2021: Revenue of $285K, expenses of $171K, and assets of $319K (revenue +77.1% year-over-year).
- 2020: Revenue of $161K, expenses of $184K, and assets of $205K (revenue -49.7% year-over-year).
- 2019: Revenue of $320K, expenses of $294K, and assets of $228K (revenue -19.5% year-over-year).
- 2018: Revenue of $397K, expenses of $346K, and assets of $202K (revenue +33.9% year-over-year).
- 2017: Revenue of $297K, expenses of $227K, and assets of $151K (revenue +72.5% year-over-year).
- 2016: Revenue of $172K, expenses of $158K, and assets of $82K (revenue +8.8% year-over-year).
- 2015: Revenue of $158K, expenses of $142K, and assets of $68K (revenue +17.1% year-over-year).
- 2014: Revenue of $135K, expenses of $138K, and assets of $52K (revenue +0.4% year-over-year).
- 2013: Revenue of $134K, expenses of $125K, and assets of $55K (revenue +29.8% year-over-year).
- 2012: Revenue of $104K, expenses of $96K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dewitt Area Swim Team:
Data Sources and Methodology
This transparency report for Dewitt Area Swim Team 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.