Rappahannock Area Ymca Swim Team
EIN: 541206644 · Stafford, VA · NTEE: N67Z
Is Rappahannock Area Ymca 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 Rappahannock Area Ymca Swim Team
Rappahannock Area Ymca Swim Team (EIN: 541206644) is a nonprofit organization based in Stafford, VA, classified under NTEE code N67Z. The organization reported total revenue of $1.4M and total assets of $717K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rappahannock Area Ymca Swim Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rappahannock Area Ymca Swim Team is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-133,655 |
| Total Assets | $679K |
| Total Liabilities | $9K |
| Net Assets | $671K |
| Operating Margin | -11.2% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Rappahannock Area Ymca Swim Team reported a deficit of $134K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Rappahannock Area Ymca Swim Team's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +15.3% | -18.2% |
| 2022 | +22.7% | +25.3% | +49.7% |
| 2020 | -16.6% | -17.8% | +47.6% |
| 2019 | +7.5% | +10.8% | +17.7% |
| 2018 | +27.9% | +23.1% | +34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rappahannock Area Ymca 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 Rappahannock Area Ymca 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $134K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Rappahannock Area Ymca Swim Team
Is Rappahannock Area Ymca Swim Team a legitimate charity?
Based on AI analysis of IRS 990 filings, Rappahannock Area Ymca Swim Team (EIN: 541206644) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rappahannock Area Ymca Swim Team spend its money?
Detailed spending breakdown data is not yet available for Rappahannock Area Ymca Swim Team. Check back for updated IRS 990 analysis.
Are donations to Rappahannock Area Ymca Swim Team tax-deductible?
Rappahannock Area Ymca Swim Team is registered as a tax-exempt nonprofit (EIN: 541206644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Rappahannock Area Ymca Swim Team showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Rappahannock Area Ymca Swim Team's revenue has grown by 189.1%, moving from $414K to $1.2M. Total assets increased by 299.2% over the same period, from $170K to $679K. Total functional expenses rose by 210.4%, from $428K to $1.3M. In its most recent filing year (2023), Rappahannock Area Ymca Swim Team reported a deficit of $134K, with expenses exceeding revenue. The organization holds $9K in liabilities against $679K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $671K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $679K | $9K | — | — |
| 2022 | $1.2M | $1.2M | $831K | $27K | — | View 990 |
| 2020 | $981K | $920K | $555K | $120K | — | View 990 |
| 2019 | $1.2M | $1.1M | $376K | $711 | — | View 990 |
| 2018 | $1.1M | $1.0M | $320K | $644 | — | View 990 |
| 2017 | $855K | $821K | $238K | $2K | — | View 990 |
| 2016 | $691K | $698K | $205K | $4K | — | View 990 |
| 2015 | $576K | $573K | $208K | $807 | — | View 990 |
| 2014 | $485K | $490K | $206K | $960 | — | View 990 |
| 2013 | $518K | $487K | $216K | $6K | — | View 990 |
| 2012 | $453K | $440K | $185K | $7K | — | View 990 |
| 2011 | $414K | $428K | $170K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $679K (revenue -0.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $831K (revenue +22.7% year-over-year).
- 2020: Revenue of $981K, expenses of $920K, and assets of $555K (revenue -16.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $376K (revenue +7.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $320K (revenue +27.9% year-over-year).
- 2017: Revenue of $855K, expenses of $821K, and assets of $238K (revenue +23.8% year-over-year).
- 2016: Revenue of $691K, expenses of $698K, and assets of $205K (revenue +19.9% year-over-year).
- 2015: Revenue of $576K, expenses of $573K, and assets of $208K (revenue +18.8% year-over-year).
- 2014: Revenue of $485K, expenses of $490K, and assets of $206K (revenue -6.4% year-over-year).
- 2013: Revenue of $518K, expenses of $487K, and assets of $216K (revenue +14.5% year-over-year).
- 2012: Revenue of $453K, expenses of $440K, and assets of $185K (revenue +9.4% year-over-year).
- 2011: Revenue of $414K, expenses of $428K, and assets of $170K.
Data Sources and Methodology
This transparency report for Rappahannock Area Ymca 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.