Stafford Aquatics Team Inc
Stafford Aquatics Team Inc maintains stable operations with fluctuating net income and no reported officer compensation.
EIN: 204382483 · Stafford, VA · NTEE: N67 · Updated: 2026-03-28
Is Stafford Aquatics Team Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stafford Aquatics Team Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stafford Aquatics Team Inc
Stafford Aquatics Team Inc (EIN: 204382483) is a nonprofit organization based in Stafford, VA, classified under NTEE code N67. The organization reported total revenue of $219K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stafford Aquatics Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stafford Aquatics Team Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $266K |
| Surplus / Deficit | +$8K |
| Total Assets | $69K |
| Total Liabilities | $32K |
| Net Assets | $37K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 46.8% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Stafford Aquatics Team Inc reported a surplus of $8K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 46.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stafford Aquatics Team Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | -2.7% | +5.7% |
| 2022 | -8.1% | +8.3% | -25.5% |
| 2021 | +18.1% | +9.8% | +20.5% |
| 2020 | -28.4% | -32.4% | +44.6% |
| 2019 | -2.1% | -2.2% | -33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stafford Aquatics Team Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Stafford Aquatics Team Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for resource allocation.
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 Stafford Aquatics Team Inc's IRS 990 filings:
- Periods of expenses exceeding revenue (e.g., 202212, 201912, 201812, 201712, 201612)
- Fluctuating asset base with a general decline from peak levels
Strengths
The following positive indicators were identified for Stafford Aquatics Team Inc:
- Consistent operation for over a decade (13 filings)
- 0% reported officer compensation across all filings
- Positive net income in the most recent 202312 filing
- Moderate asset base providing some financial cushion
Frequently Asked Questions about Stafford Aquatics Team Inc
Is Stafford Aquatics Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stafford Aquatics Team Inc (EIN: 204382483) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Stafford Aquatics Team Inc spend its money?
Stafford Aquatics Team Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stafford Aquatics Team Inc tax-deductible?
Stafford Aquatics Team Inc is registered as a tax-exempt nonprofit (EIN: 204382483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Stafford Aquatics Team Inc financially stable?
Yes, the organization appears financially stable, consistently operating for over a decade with revenues generally covering expenses, and a positive net income in the most recent 202312 filing ($274,054 revenue vs. $265,822 expenses).
How does Stafford Aquatics Team Inc manage executive compensation?
Stafford Aquatics Team Inc reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-led executive structure or that compensation is not categorized as such.
What is the trend in the organization's assets?
The organization's assets have fluctuated, peaking at $143,315 in 201512 and currently standing at $68,603 in 202312, showing a general decline from its highest point but remaining positive.
Has the organization consistently generated a surplus?
No, the organization has experienced periods where expenses exceeded revenue, such as in 202212 ($273,215 expenses vs. $244,436 revenue) and 201912 ($339,935 expenses vs. $314,800 revenue), though it achieved a surplus in 202312.
Filing History
IRS 990 filing history for Stafford Aquatics Team Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stafford Aquatics Team Inc's revenue has grown by 5.1%, moving from $261K to $274K. Total assets decreased by 0.1% over the same period, from $69K to $69K. Total functional expenses rose by 17.2%, from $227K to $266K. In its most recent filing year (2023), Stafford Aquatics Team Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $32K in liabilities against $69K in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $266K | $69K | $32K | — | — |
| 2022 | $244K | $273K | $65K | $37K | — | View 990 |
| 2021 | $266K | $252K | $87K | $30K | — | View 990 |
| 2020 | $225K | $230K | $72K | $29K | — | View 990 |
| 2019 | $315K | $340K | $50K | $2K | — | View 990 |
| 2018 | $322K | $348K | $75K | $2K | — | View 990 |
| 2017 | $397K | $426K | $101K | $2K | — | View 990 |
| 2016 | $328K | $342K | $129K | $2K | — | View 990 |
| 2015 | $312K | $302K | $143K | $2K | — | View 990 |
| 2014 | $357K | $344K | $133K | $2K | — | View 990 |
| 2013 | $322K | $296K | $120K | $2K | — | View 990 |
| 2012 | $300K | $275K | $94K | $2K | — | View 990 |
| 2011 | $261K | $227K | $69K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $266K, and assets of $69K (revenue +12.1% year-over-year).
- 2022: Revenue of $244K, expenses of $273K, and assets of $65K (revenue -8.1% year-over-year).
- 2021: Revenue of $266K, expenses of $252K, and assets of $87K (revenue +18.1% year-over-year).
- 2020: Revenue of $225K, expenses of $230K, and assets of $72K (revenue -28.4% year-over-year).
- 2019: Revenue of $315K, expenses of $340K, and assets of $50K (revenue -2.1% year-over-year).
- 2018: Revenue of $322K, expenses of $348K, and assets of $75K (revenue -19.1% year-over-year).
- 2017: Revenue of $397K, expenses of $426K, and assets of $101K (revenue +21.0% year-over-year).
- 2016: Revenue of $328K, expenses of $342K, and assets of $129K (revenue +5.2% year-over-year).
- 2015: Revenue of $312K, expenses of $302K, and assets of $143K (revenue -12.6% year-over-year).
- 2014: Revenue of $357K, expenses of $344K, and assets of $133K (revenue +11.0% year-over-year).
- 2013: Revenue of $322K, expenses of $296K, and assets of $120K (revenue +7.2% year-over-year).
- 2012: Revenue of $300K, expenses of $275K, and assets of $94K (revenue +15.1% year-over-year).
- 2011: Revenue of $261K, expenses of $227K, and assets of $69K.
Data Sources and Methodology
This transparency report for Stafford Aquatics Team Inc 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.