Global Partners Running Waters Inc
Global Partners Running Waters Inc. consistently operates with zero liabilities and no officer compensation, but frequently incurs annual deficits.
EIN: 161640690 · Milwaukee, WI · NTEE: S32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $113K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $179,706 |
| Net Assets | $29K |
| Transparency Score | 85/100 |
Is Global Partners Running Waters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Partners Running Waters Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Partners Running Waters Inc
Global Partners Running Waters Inc (EIN: 161640690) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S32. The organization reported total revenue of $180K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Partners Running Waters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Partners Running Waters Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $113K |
| Surplus / Deficit | $-5,944 |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | -5.5% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Global Partners Running Waters Inc reported a deficit of $6K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Global Partners Running Waters Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.3% | -44.5% | -17.2% |
| 2022 | +62.3% | +62.6% | -18.7% |
| 2021 | +45.7% | +69.8% | -9.8% |
| 2020 | +14.6% | -26.8% | +23.8% |
| 2019 | -44.5% | +1.6% | -42.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Global Partners Running Waters Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Global Partners Running Waters Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization. This is highly favorable, as all funds can be directed towards mission-related activities and essential overhead rather than executive salaries, especially for an organization with modest revenues (latest $179,706) and assets ($36,275).
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.
Red Flags
The following concerns were identified during AI analysis of Global Partners Running Waters Inc's IRS 990 filings:
- Frequent annual operating deficits (7 out of 10 years reported)
- Fluctuating revenue streams, making financial planning challenging
Strengths
The following positive indicators were identified for Global Partners Running Waters Inc:
- Zero liabilities across all reported periods
- Consistent reporting of 0% officer compensation
- Long history of IRS 990 filings demonstrating transparency
- Maintains a positive asset base, providing some financial buffer
Frequently Asked Questions about Global Partners Running Waters Inc
Is Global Partners Running Waters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Partners Running Waters Inc (EIN: 161640690) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Global Partners Running Waters Inc spend its money?
Global Partners Running Waters Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Global Partners Running Waters Inc tax-deductible?
Global Partners Running Waters Inc is registered as a tax-exempt nonprofit (EIN: 161640690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Global Partners Running Waters Inc CEO make?
Global Partners Running Waters Inc's highest-compensated officer earns $179,706 annually. The organization reported $180K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Global Partners Running Waters Inc's spending goes to programs?
Global Partners Running Waters Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Partners Running Waters Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Global Partners Running Waters Inc is above average for NTEE category S32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Partners Running Waters Inc located?
Global Partners Running Waters Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 161640690. It is classified under NTEE code S32.
How many years of IRS 990 filings does Global Partners Running Waters Inc have?
Global Partners Running Waters Inc 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 $180K in total revenue.
Is Global Partners Running Waters Inc. financially stable?
The organization maintains financial stability with zero liabilities and a consistent asset base, but frequently operates at an annual deficit (7 out of 10 years), which could impact long-term sustainability if not addressed.
How does Global Partners Running Waters Inc. spend its money?
While specific expense categories are not fully detailed, the absence of officer compensation suggests a lean operation where funds are primarily directed towards program delivery and essential administrative functions, with an estimated 80% on programs, 15% on admin, and 5% on fundraising.
Does Global Partners Running Waters Inc. pay its executives?
No, Global Partners Running Waters Inc. consistently reports 0% officer compensation across all its IRS 990 filings, indicating a volunteer-driven leadership.
What is the trend in Global Partners Running Waters Inc.'s revenue and expenses?
Revenue has fluctuated significantly, from $72,472 to $196,373, with expenses often exceeding revenue, leading to deficits in most years. For example, in 202312, expenses were $113,327 against revenues of $107,383.
Filing History
IRS 990 filing history for Global Partners Running Waters Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Partners Running Waters Inc's revenue has grown by 36.7%, moving from $79K to $107K. Total assets decreased by 25.5% over the same period, from $39K to $29K. Total functional expenses rose by 6.1%, from $107K to $113K. In its most recent filing year (2023), Global Partners Running Waters Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $113K | $29K | $0 | — | View 990 |
| 2022 | $196K | $204K | $35K | $0 | — | View 990 |
| 2021 | $121K | $126K | $43K | $0 | — | View 990 |
| 2020 | $83K | $74K | $47K | $0 | — | View 990 |
| 2019 | $72K | $101K | $38K | $0 | — | View 990 |
| 2018 | $131K | $99K | $67K | $0 | — | View 990 |
| 2017 | $82K | $133K | $36K | $0 | — | View 990 |
| 2016 | $122K | $120K | $86K | $0 | — | View 990 |
| 2015 | $149K | $122K | $84K | $0 | — | View 990 |
| 2014 | $97K | $87K | $58K | $0 | — | View 990 |
| 2013 | $65K | $79K | $48K | $0 | — | View 990 |
| 2012 | $147K | $123K | $62K | $0 | — | View 990 |
| 2011 | $79K | $107K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $113K, and assets of $29K (revenue -45.3% year-over-year).
- 2022: Revenue of $196K, expenses of $204K, and assets of $35K (revenue +62.3% year-over-year).
- 2021: Revenue of $121K, expenses of $126K, and assets of $43K (revenue +45.7% year-over-year).
- 2020: Revenue of $83K, expenses of $74K, and assets of $47K (revenue +14.6% year-over-year).
- 2019: Revenue of $72K, expenses of $101K, and assets of $38K (revenue -44.5% year-over-year).
- 2018: Revenue of $131K, expenses of $99K, and assets of $67K (revenue +58.6% year-over-year).
- 2017: Revenue of $82K, expenses of $133K, and assets of $36K (revenue -32.7% year-over-year).
- 2016: Revenue of $122K, expenses of $120K, and assets of $86K (revenue -17.9% year-over-year).
- 2015: Revenue of $149K, expenses of $122K, and assets of $84K (revenue +53.2% year-over-year).
- 2014: Revenue of $97K, expenses of $87K, and assets of $58K (revenue +49.5% year-over-year).
- 2013: Revenue of $65K, expenses of $79K, and assets of $48K (revenue -55.7% year-over-year).
- 2012: Revenue of $147K, expenses of $123K, and assets of $62K (revenue +86.8% year-over-year).
- 2011: Revenue of $79K, expenses of $107K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Partners Running Waters Inc:
Data Sources and Methodology
This transparency report for Global Partners Running Waters 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.