Fort Collins Area Swim Team
EIN: 742469145 · Fort Collins, CO · NTEE: N67Z
| Metric | Value |
|---|---|
| Total Revenue | $935K |
| Total Expenses | $968K |
| Net Assets | $156K |
Is Fort Collins 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 Fort Collins Area Swim Team
Fort Collins Area Swim Team (EIN: 742469145) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code N67Z. The organization reported total revenue of $935K and total assets of $242K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Collins Area Swim Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Collins Area Swim Team is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $939K |
| Total Expenses | $968K |
| Surplus / Deficit | $-28,923 |
| Total Assets | $255K |
| Total Liabilities | $98K |
| Net Assets | $156K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2024, Fort Collins Area Swim Team reported a deficit of $29K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Fort Collins Area Swim Team's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +34.5% | +16.7% | +6.3% |
| 2023 | -14.6% | +4.4% | -35.4% |
| 2022 | -9.0% | +14.6% | +0.5% |
| 2021 | +51.8% | +23.4% | +90.5% |
| 2020 | -4.8% | -20.0% | +30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Collins 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 Fort Collins 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.7%.
Frequently Asked Questions about Fort Collins Area Swim Team
Is Fort Collins Area Swim Team a legitimate charity?
Fort Collins Area Swim Team (EIN: 742469145) is a registered tax-exempt nonprofit based in Colorado. It has 14 years of IRS 990 filings on record. Total revenue: $935K. No red flags identified. Financial health grade: B.
How does Fort Collins Area Swim Team spend its money?
Fort Collins Area Swim Team reported $935K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fort Collins Area Swim Team tax-deductible?
Fort Collins Area Swim Team is registered as a tax-exempt nonprofit (EIN: 742469145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Collins Area Swim Team located?
Fort Collins Area Swim Team is headquartered in Fort Collins, Colorado and files with the IRS under EIN 742469145. It is classified under NTEE code N67Z.
How many years of IRS 990 filings does Fort Collins Area Swim Team have?
Fort Collins Area Swim Team 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 $935K in total revenue.
Filing History
IRS 990 filing history for Fort Collins Area Swim Team showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fort Collins Area Swim Team's revenue has grown by 168.4%, moving from $350K to $939K. Total assets increased by 89.6% over the same period, from $134K to $255K. Total functional expenses rose by 206.8%, from $316K to $968K. In its most recent filing year (2024), Fort Collins Area Swim Team reported a deficit of $29K, with expenses exceeding revenue. The organization holds $98K in liabilities against $255K in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $939K | $968K | $255K | $98K | — | — |
| 2023 | $699K | $830K | $239K | $54K | — | View 990 |
| 2022 | $818K | $795K | $371K | $54K | — | View 990 |
| 2021 | $899K | $693K | $369K | $76K | — | View 990 |
| 2020 | $592K | $562K | $194K | $106K | — | — |
| 2019 | $622K | $702K | $148K | $91K | — | View 990 |
| 2018 | $645K | $653K | $247K | $110K | — | View 990 |
| 2017 | $620K | $604K | $243K | $98K | — | View 990 |
| 2016 | $535K | $575K | $175K | $47K | — | View 990 |
| 2015 | $550K | $490K | $214K | $47K | — | View 990 |
| 2014 | $466K | $477K | $137K | $30K | — | View 990 |
| 2013 | $419K | $411K | $179K | $61K | — | View 990 |
| 2012 | $359K | $362K | $127K | $18K | — | View 990 |
| 2011 | $350K | $316K | $134K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $939K, expenses of $968K, and assets of $255K (revenue +34.5% year-over-year).
- 2023: Revenue of $699K, expenses of $830K, and assets of $239K (revenue -14.6% year-over-year).
- 2022: Revenue of $818K, expenses of $795K, and assets of $371K (revenue -9.0% year-over-year).
- 2021: Revenue of $899K, expenses of $693K, and assets of $369K (revenue +51.8% year-over-year).
- 2020: Revenue of $592K, expenses of $562K, and assets of $194K (revenue -4.8% year-over-year).
- 2019: Revenue of $622K, expenses of $702K, and assets of $148K (revenue -3.5% year-over-year).
- 2018: Revenue of $645K, expenses of $653K, and assets of $247K (revenue +4.0% year-over-year).
- 2017: Revenue of $620K, expenses of $604K, and assets of $243K (revenue +15.9% year-over-year).
- 2016: Revenue of $535K, expenses of $575K, and assets of $175K (revenue -2.7% year-over-year).
- 2015: Revenue of $550K, expenses of $490K, and assets of $214K (revenue +17.9% year-over-year).
- 2014: Revenue of $466K, expenses of $477K, and assets of $137K (revenue +11.2% year-over-year).
- 2013: Revenue of $419K, expenses of $411K, and assets of $179K (revenue +16.7% year-over-year).
- 2012: Revenue of $359K, expenses of $362K, and assets of $127K (revenue +2.7% year-over-year).
- 2011: Revenue of $350K, expenses of $316K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Collins Area Swim Team:
Data Sources and Methodology
This transparency report for Fort Collins 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.