Sioux Falls Seals Swim Team Booster Club
EIN: 460452453 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Expenses | $132K |
| Net Assets | $34K |
Is Sioux Falls Seals Swim Team Booster Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sioux Falls Seals Swim Team Booster Club
Sioux Falls Seals Swim Team Booster Club (EIN: 460452453) is a nonprofit organization based in Sioux Falls, SD. 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 Sioux Falls Seals Swim Team Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux Falls Seals Swim Team Booster Club is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $132K |
| Surplus / Deficit | $-6,029 |
| Total Assets | $48K |
| Total Liabilities | $14K |
| Net Assets | $34K |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2015, Sioux Falls Seals Swim Team Booster Club reported a deficit of $6K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 4 years of filings (2012–2015), Sioux Falls Seals Swim Team Booster Club's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +6.8% | +17.4% | -4.6% |
| 2014 | +6.1% | +5.7% | +29.1% |
| 2013 | +8.6% | +20.4% | +32.2% |
AI Analysis Pending
AI enrichment for Sioux Falls Seals Swim Team Booster Club 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 Sioux Falls Seals Swim Team Booster Club 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.6%.
Frequently Asked Questions about Sioux Falls Seals Swim Team Booster Club
Is Sioux Falls Seals Swim Team Booster Club a legitimate charity?
Sioux Falls Seals Swim Team Booster Club (EIN: 460452453) is a registered tax-exempt nonprofit based in South Dakota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Sioux Falls Seals Swim Team Booster Club spend its money?
Sioux Falls Seals Swim Team Booster Club reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sioux Falls Seals Swim Team Booster Club tax-deductible?
Sioux Falls Seals Swim Team Booster Club is registered as a tax-exempt nonprofit (EIN: 460452453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sioux Falls Seals Swim Team Booster Club located?
Sioux Falls Seals Swim Team Booster Club is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460452453.
How many years of IRS 990 filings does Sioux Falls Seals Swim Team Booster Club have?
Sioux Falls Seals Swim Team Booster Club has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Sioux Falls Seals Swim Team Booster Club showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Sioux Falls Seals Swim Team Booster Club's revenue has grown by 23%, moving from $103K to $126K. Total assets increased by 62.8% over the same period, from $29K to $48K. Total functional expenses rose by 49.4%, from $89K to $132K. In its most recent filing year (2015), Sioux Falls Seals Swim Team Booster Club reported a deficit of $6K, with expenses exceeding revenue. The organization holds $14K in liabilities against $48K in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $126K | $132K | $48K | $14K | — | View 990 |
| 2014 | $118K | $113K | $50K | $10K | — | View 990 |
| 2013 | $111K | $107K | $39K | $5K | — | View 990 |
| 2012 | $103K | $89K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $126K, expenses of $132K, and assets of $48K (revenue +6.8% year-over-year).
- 2014: Revenue of $118K, expenses of $113K, and assets of $50K (revenue +6.1% year-over-year).
- 2013: Revenue of $111K, expenses of $107K, and assets of $39K (revenue +8.6% year-over-year).
- 2012: Revenue of $103K, expenses of $89K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux Falls Seals Swim Team Booster Club:
Data Sources and Methodology
This transparency report for Sioux Falls Seals 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.