South West Aquatic Team
EIN: 391237451 · Greenfield, WI · NTEE: N67Z
| Metric | Value |
|---|---|
| Total Revenue | $561K |
| Total Expenses | $534K |
| Net Assets | $406K |
Is South West Aquatic Team Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South West Aquatic Team
South West Aquatic Team (EIN: 391237451) is a nonprofit organization based in Greenfield, WI, classified under NTEE code N67Z. The organization reported total revenue of $561K and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South West Aquatic Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South West Aquatic Team is a small nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $518K |
| Total Expenses | $534K |
| Surplus / Deficit | $-16,484 |
| Total Assets | $421K |
| Total Liabilities | $15K |
| Net Assets | $406K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2024, South West Aquatic Team reported a deficit of $16K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), South West Aquatic Team's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.1% | +6.2% | -4.4% |
| 2023 | +7.6% | +15.0% | +5.5% |
| 2022 | -2.0% | +68.0% | -2.7% |
| 2021 | +64.7% | -21.0% | +266.3% |
| 2020 | -26.7% | -13.7% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South West Aquatic 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 South West Aquatic 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about South West Aquatic Team
Is South West Aquatic Team a legitimate charity?
South West Aquatic Team (EIN: 391237451) is a registered tax-exempt nonprofit based in Wisconsin. It has 14 years of IRS 990 filings on record. Total revenue: $561K. No red flags identified. Financial health grade: B.
How does South West Aquatic Team spend its money?
South West Aquatic Team reported $561K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South West Aquatic Team tax-deductible?
South West Aquatic Team is registered as a tax-exempt nonprofit (EIN: 391237451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South West Aquatic Team located?
South West Aquatic Team is headquartered in Greenfield, Wisconsin and files with the IRS under EIN 391237451. It is classified under NTEE code N67Z.
How many years of IRS 990 filings does South West Aquatic Team have?
South West Aquatic Team has 14 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 $561K in total revenue.
Filing History
IRS 990 filing history for South West Aquatic Team showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), South West Aquatic Team's revenue has declined by 8.5%, moving from $566K to $518K. Total assets increased by 104.9% over the same period, from $205K to $421K. Total functional expenses rose by 5.3%, from $507K to $534K. In its most recent filing year (2024), South West Aquatic Team reported a deficit of $16K, with expenses exceeding revenue. The organization holds $15K in liabilities against $421K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $406K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $518K | $534K | $421K | $15K | — | — |
| 2023 | $528K | $503K | $440K | $18K | — | View 990 |
| 2022 | $491K | $437K | $417K | $21K | — | View 990 |
| 2021 | $501K | $260K | $429K | $86K | — | — |
| 2020 | $304K | $330K | $117K | $15K | — | View 990 |
| 2019 | $415K | $382K | $140K | $12K | — | View 990 |
| 2018 | $544K | $600K | $95K | $498 | — | View 990 |
| 2017 | $620K | $623K | $174K | $989 | — | View 990 |
| 2016 | $608K | $653K | $180K | $4K | — | View 990 |
| 2015 | $604K | $622K | $224K | $3K | — | View 990 |
| 2014 | $788K | $782K | $241K | $3K | — | View 990 |
| 2013 | $629K | $640K | $236K | $3K | — | View 990 |
| 2012 | $578K | $540K | $244K | $2K | — | View 990 |
| 2011 | $566K | $507K | $205K | $631 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $518K, expenses of $534K, and assets of $421K (revenue -2.1% year-over-year).
- 2023: Revenue of $528K, expenses of $503K, and assets of $440K (revenue +7.6% year-over-year).
- 2022: Revenue of $491K, expenses of $437K, and assets of $417K (revenue -2.0% year-over-year).
- 2021: Revenue of $501K, expenses of $260K, and assets of $429K (revenue +64.7% year-over-year).
- 2020: Revenue of $304K, expenses of $330K, and assets of $117K (revenue -26.7% year-over-year).
- 2019: Revenue of $415K, expenses of $382K, and assets of $140K (revenue -23.7% year-over-year).
- 2018: Revenue of $544K, expenses of $600K, and assets of $95K (revenue -12.2% year-over-year).
- 2017: Revenue of $620K, expenses of $623K, and assets of $174K (revenue +1.9% year-over-year).
- 2016: Revenue of $608K, expenses of $653K, and assets of $180K (revenue +0.6% year-over-year).
- 2015: Revenue of $604K, expenses of $622K, and assets of $224K (revenue -23.3% year-over-year).
- 2014: Revenue of $788K, expenses of $782K, and assets of $241K (revenue +25.2% year-over-year).
- 2013: Revenue of $629K, expenses of $640K, and assets of $236K (revenue +8.9% year-over-year).
- 2012: Revenue of $578K, expenses of $540K, and assets of $244K (revenue +2.2% year-over-year).
- 2011: Revenue of $566K, expenses of $507K, and assets of $205K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South West Aquatic Team:
Data Sources and Methodology
This transparency report for South West Aquatic 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.