Strattonwood Swimming Club
EIN: 237063757 · Redmond, WA
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $275K |
| Net Assets | $59K |
Is Strattonwood Swimming Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Strattonwood Swimming Club
Strattonwood Swimming Club (EIN: 237063757) is a nonprofit organization based in Redmond, WA. The organization reported total revenue of $512K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strattonwood Swimming Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strattonwood Swimming Club is a small nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $275K |
| Surplus / Deficit | +$39K |
| Total Assets | $118K |
| Total Liabilities | $59K |
| Net Assets | $59K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 50.1% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Strattonwood Swimming Club reported a surplus of $39K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 50.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Strattonwood Swimming Club's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +17.7% | -79.3% |
| 2022 | +37.4% | +25.2% | +7.7% |
| 2021 | +101.3% | +102.2% | -3.8% |
| 2020 | -38.4% | -49.0% | +93.4% |
| 2019 | +9.0% | +61.0% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Strattonwood Swimming 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 Strattonwood Swimming 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.1%.
Frequently Asked Questions about Strattonwood Swimming Club
Is Strattonwood Swimming Club a legitimate charity?
Strattonwood Swimming Club (EIN: 237063757) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $512K. No red flags identified. Financial health grade: A.
How does Strattonwood Swimming Club spend its money?
Strattonwood Swimming Club reported $512K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Strattonwood Swimming Club tax-deductible?
Strattonwood Swimming Club is registered as a tax-exempt nonprofit (EIN: 237063757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Strattonwood Swimming Club located?
Strattonwood Swimming Club is headquartered in Redmond, Washington and files with the IRS under EIN 237063757.
How many years of IRS 990 filings does Strattonwood Swimming Club have?
Strattonwood Swimming Club has 13 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 $512K in total revenue.
Filing History
IRS 990 filing history for Strattonwood Swimming Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Strattonwood Swimming Club's revenue has grown by 137.9%, moving from $132K to $315K. Total assets decreased by 30.2% over the same period, from $169K to $118K. Total functional expenses rose by 113.4%, from $129K to $275K. In its most recent filing year (2023), Strattonwood Swimming Club reported a surplus of $39K, with revenue exceeding expenses. The organization holds $59K in liabilities against $118K in assets (debt-to-asset ratio: 50.1%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $275K | $118K | $59K | — | View 990 |
| 2022 | $285K | $234K | $570K | $231K | — | View 990 |
| 2021 | $207K | $187K | $529K | $219K | — | View 990 |
| 2020 | $103K | $92K | $550K | $256K | — | View 990 |
| 2019 | $167K | $181K | $284K | $911 | — | View 990 |
| 2018 | $154K | $112K | $299K | $2K | — | View 990 |
| 2017 | $137K | $112K | $258K | $2K | — | View 990 |
| 2016 | $139K | $118K | $232K | $1K | — | View 990 |
| 2015 | $130K | $123K | $211K | $2K | — | View 990 |
| 2014 | $129K | $115K | $204K | $1K | — | View 990 |
| 2013 | $123K | $112K | $191K | $2K | — | View 990 |
| 2012 | $134K | $123K | $180K | $2K | — | View 990 |
| 2011 | $132K | $129K | $169K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $275K, and assets of $118K (revenue +10.4% year-over-year).
- 2022: Revenue of $285K, expenses of $234K, and assets of $570K (revenue +37.4% year-over-year).
- 2021: Revenue of $207K, expenses of $187K, and assets of $529K (revenue +101.3% year-over-year).
- 2020: Revenue of $103K, expenses of $92K, and assets of $550K (revenue -38.4% year-over-year).
- 2019: Revenue of $167K, expenses of $181K, and assets of $284K (revenue +9.0% year-over-year).
- 2018: Revenue of $154K, expenses of $112K, and assets of $299K (revenue +12.0% year-over-year).
- 2017: Revenue of $137K, expenses of $112K, and assets of $258K (revenue -1.3% year-over-year).
- 2016: Revenue of $139K, expenses of $118K, and assets of $232K (revenue +7.1% year-over-year).
- 2015: Revenue of $130K, expenses of $123K, and assets of $211K (revenue +0.6% year-over-year).
- 2014: Revenue of $129K, expenses of $115K, and assets of $204K (revenue +5.0% year-over-year).
- 2013: Revenue of $123K, expenses of $112K, and assets of $191K (revenue -8.4% year-over-year).
- 2012: Revenue of $134K, expenses of $123K, and assets of $180K (revenue +1.5% year-over-year).
- 2011: Revenue of $132K, expenses of $129K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Strattonwood Swimming Club:
Data Sources and Methodology
This transparency report for Strattonwood Swimming 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.