Poulsbo Piranhas Swim Team Booster Club

Poulsbo Piranhas Swim Team Booster Club consistently spends near its revenue with no officer compensation.

EIN: 134235439 · Poulsbo, WA · NTEE: N67 · Updated: 2026-03-28

$127KRevenue

$21KAssets

85/100Mission Score (Excellent)

N67

About Poulsbo Piranhas Swim Team Booster Club

Poulsbo Piranhas Swim Team Booster Club (EIN: 134235439) is a nonprofit organization based in Poulsbo, WA, classified under NTEE code N67. The organization reported total revenue of $127K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poulsbo Piranhas Swim Team Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Poulsbo Piranhas Swim Team Booster Club demonstrates consistent financial activity, with revenues fluctuating between approximately $80,000 and $230,000 over the past decade. The organization has generally operated with expenses closely matching or slightly exceeding revenue in recent years, as seen in 202308 where expenses were $137,028 against revenues of $128,244. This trend suggests a focus on spending funds as they are raised to support their programs, rather than accumulating significant reserves.

Their asset base is relatively modest, peaking around $79,925 in 201908 and currently standing at $21,196. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for efficiency and dedication to the mission. The organization's liabilities have consistently been low or zero, indicating sound financial management and a lack of significant debt.

Overall, the Booster Club appears to be a transparent and fiscally responsible organization, effectively utilizing its funds to support its swim team. While there isn't a detailed breakdown of program vs. administrative spending available in the provided data, the lack of officer compensation and modest asset base suggest that a significant portion of funds likely goes directly to program activities. Their consistent filing history also points to good governance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Poulsbo Piranhas Swim Team Booster Club 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Poulsbo Piranhas Swim Team Booster Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is 0% across all reported periods, indicating a volunteer-led organization, which is highly efficient for an organization of this size with revenues around $100,000-$200,000.

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 Poulsbo Piranhas Swim Team Booster Club's IRS 990 filings:

Expenses frequently exceed revenue in recent years (e.g., 202308: Expenses $137,028 vs. Revenue $128,244), which could lead to asset depletion if sustained.

Strengths

The following positive indicators were identified for Poulsbo Piranhas Swim Team Booster Club:

Zero officer compensation across all filings, indicating a volunteer-driven and highly efficient leadership.
Consistent IRS 990 filing history (11 filings), demonstrating strong transparency and compliance.
Low to zero liabilities, indicating sound financial management and minimal debt.
Mission-focused, as suggested by the nature of a booster club and lack of significant overhead.

Frequently Asked Questions about Poulsbo Piranhas Swim Team Booster Club

Is Poulsbo Piranhas Swim Team Booster Club a good charity?

Based on the available data, the Poulsbo Piranhas Swim Team Booster Club appears to be a good charity. It operates with no officer compensation, indicating a strong volunteer commitment, and consistently files its IRS 990s, demonstrating transparency. While specific program spending percentages aren't detailed, the overall financial picture suggests efficient use of funds to support its mission.

How has the organization's revenue trended over time?

The organization's revenue has fluctuated over the past decade, with a high of $230,916 in 201908 and a low of $80,592 in 202108. More recently, revenue was $128,244 in 202308, showing some variability but generally maintaining a stable base.

What is the organization's asset position?

The organization's assets have varied, reaching a high of $79,925 in 201908. In the latest period (202308), assets were $18,873, and the current reported assets are $21,196. This indicates a modest asset base, suggesting funds are primarily used for current operations rather than accumulating large reserves.

Filing History

IRS 990 filing history for Poulsbo Piranhas Swim Team Booster Club showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2010–2023), Poulsbo Piranhas Swim Team Booster Club's revenue has grown by 112.5%, moving from $60K to $128K. Total assets increased by 234% over the same period, from $6K to $19K. Total functional expenses rose by 80%, from $76K to $137K. In its most recent filing year (2023), Poulsbo Piranhas Swim Team Booster Club reported a deficit of $9K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$128K	$137K	$19K	$0	—	View 990
2022	$99K	$117K	$27K	$0	—	View 990
2021	$81K	$110K	$44K	$0	—	—
2020	$115K	$130K	$73K	$0	—	View 990
2019	$231K	$214K	$80K	$-5,531	—	View 990
2018	$229K	$213K	$64K	$-5,036	—	View 990
2017	$139K	$106K	$49K	$429	—	View 990
2016	$112K	$98K	$17K	$637	—	View 990
2014	$101K	$101K	$1K	$5K	—	View 990
2013	$109K	$115K	$5K	$10K	—	—
2010	$60K	$76K	$6K	$2K	—	—

Year-by-Year Financial Summary

2023: Revenue of $128K, expenses of $137K, and assets of $19K (revenue +28.9% year-over-year).
2022: Revenue of $99K, expenses of $117K, and assets of $27K (revenue +23.4% year-over-year).
2021: Revenue of $81K, expenses of $110K, and assets of $44K (revenue -29.8% year-over-year).
2020: Revenue of $115K, expenses of $130K, and assets of $73K (revenue -50.3% year-over-year).
2019: Revenue of $231K, expenses of $214K, and assets of $80K (revenue +0.7% year-over-year).
2018: Revenue of $229K, expenses of $213K, and assets of $64K (revenue +65.5% year-over-year).
2017: Revenue of $139K, expenses of $106K, and assets of $49K (revenue +23.4% year-over-year).
2016: Revenue of $112K, expenses of $98K, and assets of $17K (revenue +10.9% year-over-year).
2014: Revenue of $101K, expenses of $101K, and assets of $1K (revenue -6.9% year-over-year).
2013: Revenue of $109K, expenses of $115K, and assets of $5K (revenue +80.3% year-over-year).
2010: Revenue of $60K, expenses of $76K, and assets of $6K.

Data Sources and Methodology

This transparency report for Poulsbo Piranhas Swim Team Booster Club 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.