Fishers Area Swimming Tigers Inc
Fishers Area Swimming Tigers Inc shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 205273324 · Fishers, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $856K |
| Total Expenses | $770K |
| Program Spending | 90% |
| Net Assets | $444K |
| Transparency Score | 92/100 |
Is Fishers Area Swimming Tigers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fishers Area Swimming Tigers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fishers Area Swimming Tigers Inc
Fishers Area Swimming Tigers Inc (EIN: 205273324) is a nonprofit organization based in Fishers, IN. The organization reported total revenue of $856K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fishers Area Swimming Tigers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fishers Area Swimming Tigers Inc is a small nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $795K |
| Total Expenses | $770K |
| Surplus / Deficit | +$25K |
| Total Assets | $445K |
| Total Liabilities | $719 |
| Net Assets | $444K |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2024, Fishers Area Swimming Tigers Inc reported a surplus of $25K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Fishers Area Swimming Tigers Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.4% | +20.9% | +5.8% |
| 2023 | +2.7% | +4.1% | +67.4% |
| 2022 | +20.0% | +27.0% | +10.1% |
| 2021 | +17.8% | -6.1% | +82.6% |
| 2020 | -18.0% | -14.7% | +67.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fishers Area Swimming Tigers Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Fishers Area Swimming Tigers Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation to programs.
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.
Strengths
The following positive indicators were identified for Fishers Area Swimming Tigers Inc:
- Consistent revenue growth, increasing from $496,288 in 2020 to $795,105 in 2024.
- Healthy asset accumulation, growing from $124,985 in 2020 to $445,193 in 2024.
- Zero reported officer compensation, indicating efficient use of funds for mission-related activities.
- Consistent positive net income (revenue exceeding expenses) in recent years, demonstrating financial stability.
- Strong program focus, with an estimated 90% of spending directed towards programs.
Frequently Asked Questions about Fishers Area Swimming Tigers Inc
Is Fishers Area Swimming Tigers Inc a legitimate charity?
Fishers Area Swimming Tigers Inc (EIN: 205273324) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $856K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Fishers Area Swimming Tigers Inc spend its money?
Fishers Area Swimming Tigers Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Fishers Area Swimming Tigers Inc tax-deductible?
Fishers Area Swimming Tigers Inc is registered as a tax-exempt nonprofit (EIN: 205273324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fishers Area Swimming Tigers Inc's spending goes to programs?
Fishers Area Swimming Tigers Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fishers Area Swimming Tigers Inc located?
Fishers Area Swimming Tigers Inc is headquartered in Fishers, Indiana and files with the IRS under EIN 205273324.
How many years of IRS 990 filings does Fishers Area Swimming Tigers Inc have?
Fishers Area Swimming Tigers Inc has 14 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 $856K in total revenue.
How does the organization manage to operate without reported officer compensation?
The filings consistently show 0% officer compensation, suggesting that key leadership roles may be filled by volunteers or compensated through mechanisms not categorized as 'officer compensation' on the 990, such as contract services, which would require further investigation of detailed expense schedules.
What are the specific program activities that account for the majority of expenses?
While the summary data indicates high program spending, the specific activities are not detailed. Given the organization's name, it is highly probable that expenses are primarily related to swimming programs, coaching, facility usage, and competition costs.
What caused the significant increase in assets from $251,238 in 2022 to $445,193 in 2024?
The substantial increase in assets is likely due to consistent revenue exceeding expenses, leading to accumulated surpluses. For example, in 2024, revenue was $795,105 against expenses of $770,172, contributing to asset growth. This trend has been consistent over several years.
Filing History
IRS 990 filing history for Fishers Area Swimming Tigers Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fishers Area Swimming Tigers Inc's revenue has grown by 59.6%, moving from $498K to $795K. Total assets increased by 307.5% over the same period, from $109K to $445K. Total functional expenses rose by 80.4%, from $427K to $770K. In its most recent filing year (2024), Fishers Area Swimming Tigers Inc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $719 in liabilities against $445K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $795K | $770K | $445K | $719 | — | View 990 |
| 2023 | $721K | $637K | $421K | $1K | — | — |
| 2022 | $702K | $612K | $251K | $0 | — | View 990 |
| 2021 | $585K | $482K | $228K | $67K | — | View 990 |
| 2020 | $496K | $513K | $125K | $67K | — | View 990 |
| 2019 | $605K | $601K | $75K | $0 | — | View 990 |
| 2018 | $597K | $632K | $76K | $5K | — | View 990 |
| 2017 | $627K | $644K | $134K | $-7,621 | — | View 990 |
| 2016 | $595K | $532K | $142K | $-10,173 | — | View 990 |
| 2015 | $613K | $597K | $129K | $-3,473 | — | View 990 |
| 2014 | $602K | $610K | $123K | $-3,507 | — | View 990 |
| 2013 | $536K | $531K | $139K | $5K | — | View 990 |
| 2012 | $492K | $454K | $142K | $8K | — | View 990 |
| 2011 | $498K | $427K | $109K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $795K, expenses of $770K, and assets of $445K (revenue +10.4% year-over-year).
- 2023: Revenue of $721K, expenses of $637K, and assets of $421K (revenue +2.7% year-over-year).
- 2022: Revenue of $702K, expenses of $612K, and assets of $251K (revenue +20.0% year-over-year).
- 2021: Revenue of $585K, expenses of $482K, and assets of $228K (revenue +17.8% year-over-year).
- 2020: Revenue of $496K, expenses of $513K, and assets of $125K (revenue -18.0% year-over-year).
- 2019: Revenue of $605K, expenses of $601K, and assets of $75K (revenue +1.4% year-over-year).
- 2018: Revenue of $597K, expenses of $632K, and assets of $76K (revenue -4.9% year-over-year).
- 2017: Revenue of $627K, expenses of $644K, and assets of $134K (revenue +5.3% year-over-year).
- 2016: Revenue of $595K, expenses of $532K, and assets of $142K (revenue -3.0% year-over-year).
- 2015: Revenue of $613K, expenses of $597K, and assets of $129K (revenue +1.8% year-over-year).
- 2014: Revenue of $602K, expenses of $610K, and assets of $123K (revenue +12.3% year-over-year).
- 2013: Revenue of $536K, expenses of $531K, and assets of $139K (revenue +9.1% year-over-year).
- 2012: Revenue of $492K, expenses of $454K, and assets of $142K (revenue -1.3% year-over-year).
- 2011: Revenue of $498K, expenses of $427K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fishers Area Swimming Tigers Inc:
Data Sources and Methodology
This transparency report for Fishers Area Swimming Tigers 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.