Northern Nevada Aquatics Corp
EIN: 271735251 · Reno, NV · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $247K |
| Net Assets | $43K |
Is Northern Nevada Aquatics Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northern Nevada Aquatics Corp
Northern Nevada Aquatics Corp (EIN: 271735251) is a nonprofit organization based in Reno, NV, classified under NTEE code N60. The organization reported total revenue of $241K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Nevada Aquatics Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Nevada Aquatics Corp is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $237K |
| Total Expenses | $247K |
| Surplus / Deficit | $-10,377 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -4.4% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Northern Nevada Aquatics Corp reported a deficit of $10K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Northern Nevada Aquatics Corp's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.5% | -15.3% | -66.4% |
| 2022 | -17.4% | -6.9% | +5.0% |
| 2021 | +34.0% | +17.5% | +1004.0% |
| 2019 | +19.1% | +16.0% | +12.5% |
| 2018 | -9.2% | -7.9% | -28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northern Nevada Aquatics Corp 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 Northern Nevada Aquatics Corp 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 deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Northern Nevada Aquatics Corp
Is Northern Nevada Aquatics Corp a legitimate charity?
Northern Nevada Aquatics Corp (EIN: 271735251) is a registered tax-exempt nonprofit based in Nevada. It has 12 years of IRS 990 filings on record. Total revenue: $241K. No red flags identified. Financial health grade: C.
How does Northern Nevada Aquatics Corp spend its money?
Northern Nevada Aquatics Corp reported $241K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northern Nevada Aquatics Corp tax-deductible?
Northern Nevada Aquatics Corp is registered as a tax-exempt nonprofit (EIN: 271735251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northern Nevada Aquatics Corp located?
Northern Nevada Aquatics Corp is headquartered in Reno, Nevada and files with the IRS under EIN 271735251. It is classified under NTEE code N60.
How many years of IRS 990 filings does Northern Nevada Aquatics Corp have?
Northern Nevada Aquatics Corp 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 $241K in total revenue.
Filing History
IRS 990 filing history for Northern Nevada Aquatics Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Northern Nevada Aquatics Corp's revenue has grown by 374.5%, moving from $50K to $237K. Total assets increased by 8576.2% over the same period, from $501 to $43K. Total functional expenses rose by 425.8%, from $47K to $247K. In its most recent filing year (2023), Northern Nevada Aquatics Corp reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $237K | $247K | $43K | $0 | — | View 990 |
| 2022 | $298K | $292K | $129K | $75K | — | View 990 |
| 2021 | $361K | $314K | $123K | $75K | — | View 990 |
| 2019 | $270K | $267K | $11K | $12K | — | View 990 |
| 2018 | $226K | $230K | $10K | $0 | — | View 990 |
| 2017 | $249K | $250K | $14K | $0 | — | View 990 |
| 2016 | $281K | $282K | $14K | $0 | — | View 990 |
| 2015 | $234K | $240K | $15K | $0 | — | View 990 |
| 2014 | $160K | $152K | $8K | $0 | — | View 990 |
| 2013 | $151K | $152K | $671 | $0 | — | — |
| 2012 | $119K | $118K | $2K | $0 | — | View 990 |
| 2011 | $50K | $47K | $501 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $237K, expenses of $247K, and assets of $43K (revenue -20.5% year-over-year).
- 2022: Revenue of $298K, expenses of $292K, and assets of $129K (revenue -17.4% year-over-year).
- 2021: Revenue of $361K, expenses of $314K, and assets of $123K (revenue +34.0% year-over-year).
- 2019: Revenue of $270K, expenses of $267K, and assets of $11K (revenue +19.1% year-over-year).
- 2018: Revenue of $226K, expenses of $230K, and assets of $10K (revenue -9.2% year-over-year).
- 2017: Revenue of $249K, expenses of $250K, and assets of $14K (revenue -11.2% year-over-year).
- 2016: Revenue of $281K, expenses of $282K, and assets of $14K (revenue +19.8% year-over-year).
- 2015: Revenue of $234K, expenses of $240K, and assets of $15K (revenue +46.4% year-over-year).
- 2014: Revenue of $160K, expenses of $152K, and assets of $8K (revenue +5.7% year-over-year).
- 2013: Revenue of $151K, expenses of $152K, and assets of $671 (revenue +27.1% year-over-year).
- 2012: Revenue of $119K, expenses of $118K, and assets of $2K (revenue +138.2% year-over-year).
- 2011: Revenue of $50K, expenses of $47K, and assets of $501.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Nevada Aquatics Corp:
Data Sources and Methodology
This transparency report for Northern Nevada Aquatics Corp 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.