Metropolitan Omaha Swim Team Inc
EIN: 470617726 · Boys Town, NE
| Metric | Value |
|---|---|
| Total Expenses | $97K |
| Net Assets | $15K |
Is Metropolitan Omaha Swim Team Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Metropolitan Omaha Swim Team Inc
Metropolitan Omaha Swim Team Inc (EIN: 470617726) is a nonprofit organization based in Boys Town, NE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Omaha Swim Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Omaha Swim Team Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $97K |
| Surplus / Deficit | $-25,449 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -35.7% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2016, Metropolitan Omaha Swim Team Inc reported a deficit of $25K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Metropolitan Omaha Swim Team Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -25.8% | +6.8% | -24.3% |
| 2015 | -1.1% | +10.6% | -44.2% |
| 2014 | -11.9% | -19.0% | +72.3% |
| 2013 | +11.9% | +16.9% | +75.3% |
| 2012 | +17.0% | -10.8% | +13721.8% |
AI Analysis Pending
AI enrichment for Metropolitan Omaha Swim Team Inc 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 Metropolitan Omaha Swim Team Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
Frequently Asked Questions about Metropolitan Omaha Swim Team Inc
Is Metropolitan Omaha Swim Team Inc a legitimate charity?
Metropolitan Omaha Swim Team Inc (EIN: 470617726) is a registered tax-exempt nonprofit based in Nebraska. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Metropolitan Omaha Swim Team Inc spend its money?
Metropolitan Omaha Swim Team Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Metropolitan Omaha Swim Team Inc tax-deductible?
Metropolitan Omaha Swim Team Inc is registered as a tax-exempt nonprofit (EIN: 470617726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Metropolitan Omaha Swim Team Inc located?
Metropolitan Omaha Swim Team Inc is headquartered in Boys Town, Nebraska and files with the IRS under EIN 470617726.
How many years of IRS 990 filings does Metropolitan Omaha Swim Team Inc have?
Metropolitan Omaha Swim Team Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Metropolitan Omaha Swim Team Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Metropolitan Omaha Swim Team Inc's revenue has declined by 15.3%, moving from $84K to $71K. Total assets increased by 17534.5% over the same period, from $87 to $15K. Total functional expenses fell by 0.4%, from $97K to $97K. In its most recent filing year (2016), Metropolitan Omaha Swim Team Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $71K | $97K | $15K | $0 | — | — |
| 2015 | $96K | $91K | $20K | $0 | — | View 990 |
| 2014 | $97K | $82K | $36K | $0 | — | View 990 |
| 2013 | $110K | $101K | $21K | $0 | — | View 990 |
| 2012 | $99K | $87K | $12K | $0 | — | View 990 |
| 2011 | $84K | $97K | $87 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $71K, expenses of $97K, and assets of $15K (revenue -25.8% year-over-year).
- 2015: Revenue of $96K, expenses of $91K, and assets of $20K (revenue -1.1% year-over-year).
- 2014: Revenue of $97K, expenses of $82K, and assets of $36K (revenue -11.9% year-over-year).
- 2013: Revenue of $110K, expenses of $101K, and assets of $21K (revenue +11.9% year-over-year).
- 2012: Revenue of $99K, expenses of $87K, and assets of $12K (revenue +17.0% year-over-year).
- 2011: Revenue of $84K, expenses of $97K, and assets of $87.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Omaha Swim Team Inc:
Data Sources and Methodology
This transparency report for Metropolitan Omaha Swim Team 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.