Fort Belvoir Swim Team
EIN: 542004371 · Alexandria, VA · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $360K |
| Net Assets | $277K |
Is Fort Belvoir 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 Fort Belvoir Swim Team
Fort Belvoir Swim Team (EIN: 542004371) is a nonprofit organization based in Alexandria, VA, classified under NTEE code N67. The organization reported total revenue of $426K and total assets of $337K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Belvoir Swim Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Belvoir Swim Team is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $415K |
| Total Expenses | $360K |
| Surplus / Deficit | +$55K |
| Total Assets | $278K |
| Total Liabilities | $175 |
| Net Assets | $277K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Fort Belvoir Swim Team reported a surplus of $55K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Fort Belvoir Swim Team's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +27.6% | +24.9% |
| 2022 | +7.2% | -13.0% | +20.8% |
| 2020 | -9.6% | -14.6% | -2.5% |
| 2019 | -12.3% | -16.9% | +25.2% |
| 2018 | -11.5% | -12.8% | -32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Belvoir 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 Fort Belvoir 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 $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Fort Belvoir Swim Team
Is Fort Belvoir Swim Team a legitimate charity?
Fort Belvoir Swim Team (EIN: 542004371) is a registered tax-exempt nonprofit based in Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $426K. No red flags identified. Financial health grade: A.
How does Fort Belvoir Swim Team spend its money?
Fort Belvoir Swim Team reported $426K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fort Belvoir Swim Team tax-deductible?
Fort Belvoir Swim Team is registered as a tax-exempt nonprofit (EIN: 542004371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Belvoir Swim Team located?
Fort Belvoir Swim Team is headquartered in Alexandria, Virginia and files with the IRS under EIN 542004371. It is classified under NTEE code N67.
How many years of IRS 990 filings does Fort Belvoir Swim Team have?
Fort Belvoir 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 $426K in total revenue.
Filing History
IRS 990 filing history for Fort Belvoir Swim Team showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fort Belvoir Swim Team's revenue has grown by 17.5%, moving from $353K to $415K. Total assets increased by 170.8% over the same period, from $103K to $278K. Total functional expenses rose by 12.2%, from $321K to $360K. In its most recent filing year (2023), Fort Belvoir Swim Team reported a surplus of $55K, with revenue exceeding expenses. The organization holds $175 in liabilities against $278K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $277K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $415K | $360K | $278K | $175 | — | View 990 |
| 2022 | $387K | $282K | $222K | $158 | — | View 990 |
| 2020 | $361K | $325K | $184K | $88K | — | View 990 |
| 2019 | $399K | $380K | $189K | $128K | — | View 990 |
| 2018 | $455K | $457K | $151K | $109K | — | View 990 |
| 2017 | $514K | $524K | $223K | $178K | — | View 990 |
| 2016 | $484K | $517K | $276K | $221K | — | View 990 |
| 2015 | $516K | $524K | $233K | $145K | — | View 990 |
| 2014 | $559K | $492K | $285K | $188K | — | View 990 |
| 2013 | $483K | $431K | $238K | $209K | — | View 990 |
| 2012 | $402K | $368K | $174K | $196K | — | View 990 |
| 2011 | $353K | $321K | $103K | $193K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $415K, expenses of $360K, and assets of $278K (revenue +7.4% year-over-year).
- 2022: Revenue of $387K, expenses of $282K, and assets of $222K (revenue +7.2% year-over-year).
- 2020: Revenue of $361K, expenses of $325K, and assets of $184K (revenue -9.6% year-over-year).
- 2019: Revenue of $399K, expenses of $380K, and assets of $189K (revenue -12.3% year-over-year).
- 2018: Revenue of $455K, expenses of $457K, and assets of $151K (revenue -11.5% year-over-year).
- 2017: Revenue of $514K, expenses of $524K, and assets of $223K (revenue +6.2% year-over-year).
- 2016: Revenue of $484K, expenses of $517K, and assets of $276K (revenue -6.2% year-over-year).
- 2015: Revenue of $516K, expenses of $524K, and assets of $233K (revenue -7.7% year-over-year).
- 2014: Revenue of $559K, expenses of $492K, and assets of $285K (revenue +15.8% year-over-year).
- 2013: Revenue of $483K, expenses of $431K, and assets of $238K (revenue +20.0% year-over-year).
- 2012: Revenue of $402K, expenses of $368K, and assets of $174K (revenue +13.9% year-over-year).
- 2011: Revenue of $353K, expenses of $321K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Belvoir Swim Team:
Data Sources and Methodology
This transparency report for Fort Belvoir 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.