First Swing Foundation
EIN: 61652947 · Medina, WA · NTEE: N63
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $100K |
| Net Assets | $217K |
Is First Swing Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Swing Foundation
First Swing Foundation (EIN: 61652947) is a nonprofit organization based in Medina, WA, classified under NTEE code N63. The organization reported total revenue of $151K and total assets of $374K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Swing Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Swing Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $100K |
| Surplus / Deficit | $-1,701 |
| Total Assets | $357K |
| Total Liabilities | $140K |
| Net Assets | $217K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 39.2% |
| Months of Reserves | 42.7 months |
Financial Health Grade: B
In 2023, First Swing Foundation reported a deficit of $2K with expenses exceeding revenue, holds 42.7 months of operating reserves (strong position), has a debt-to-asset ratio of 39.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), First Swing Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.7% | -1.1% | +2.4% |
| 2022 | -19.4% | +12.9% | -7.9% |
| 2021 | +15.2% | -14.8% | -4.7% |
| 2020 | -50.2% | -9.8% | -6.8% |
| 2019 | -28.7% | -25.9% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Swing Foundation 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 First Swing Foundation 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.2%.
Frequently Asked Questions about First Swing Foundation
Is First Swing Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, First Swing Foundation (EIN: 61652947) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Swing Foundation spend its money?
Detailed spending breakdown data is not yet available for First Swing Foundation. Check back for updated IRS 990 analysis.
Are donations to First Swing Foundation tax-deductible?
First Swing Foundation is registered as a tax-exempt nonprofit (EIN: 61652947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Swing Foundation located?
First Swing Foundation is headquartered in Medina, Washington and files with the IRS under EIN 61652947. It is classified under NTEE code N63.
How many years of IRS 990 filings does First Swing Foundation have?
First Swing Foundation 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 $151K in total revenue.
Filing History
IRS 990 filing history for First Swing Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Swing Foundation's revenue has grown by 23.4%, moving from $80K to $99K. Total assets increased by 182.9% over the same period, from $126K to $357K. Total functional expenses rose by 41.6%, from $71K to $100K. In its most recent filing year (2023), First Swing Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $140K in liabilities against $357K in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $100K | $357K | $140K | — | View 990 |
| 2022 | $65K | $101K | $349K | $130K | — | View 990 |
| 2021 | $81K | $90K | $379K | $124K | — | — |
| 2020 | $70K | $105K | $397K | $134K | — | View 990 |
| 2019 | $141K | $117K | $426K | $128K | — | View 990 |
| 2018 | $198K | $158K | $394K | $120K | — | View 990 |
| 2017 | $185K | $118K | $365K | $132K | — | View 990 |
| 2016 | $163K | $106K | $340K | $174K | — | View 990 |
| 2015 | $140K | $97K | $27K | $158K | — | View 990 |
| 2014 | $99K | $75K | $236K | $169K | — | View 990 |
| 2013 | $75K | $68K | $246K | $210K | — | View 990 |
| 2012 | $80K | $71K | $153K | $149K | — | View 990 |
| 2011 | $80K | $71K | $126K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $100K, and assets of $357K (revenue +50.7% year-over-year).
- 2022: Revenue of $65K, expenses of $101K, and assets of $349K (revenue -19.4% year-over-year).
- 2021: Revenue of $81K, expenses of $90K, and assets of $379K (revenue +15.2% year-over-year).
- 2020: Revenue of $70K, expenses of $105K, and assets of $397K (revenue -50.2% year-over-year).
- 2019: Revenue of $141K, expenses of $117K, and assets of $426K (revenue -28.7% year-over-year).
- 2018: Revenue of $198K, expenses of $158K, and assets of $394K (revenue +7.4% year-over-year).
- 2017: Revenue of $185K, expenses of $118K, and assets of $365K (revenue +13.5% year-over-year).
- 2016: Revenue of $163K, expenses of $106K, and assets of $340K (revenue +16.3% year-over-year).
- 2015: Revenue of $140K, expenses of $97K, and assets of $27K (revenue +41.0% year-over-year).
- 2014: Revenue of $99K, expenses of $75K, and assets of $236K (revenue +32.6% year-over-year).
- 2013: Revenue of $75K, expenses of $68K, and assets of $246K (revenue -6.1% year-over-year).
- 2012: Revenue of $80K, expenses of $71K, and assets of $153K (revenue -0.4% year-over-year).
- 2011: Revenue of $80K, expenses of $71K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Swing Foundation:
Data Sources and Methodology
This transparency report for First Swing Foundation 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.