Swim Kauki Aquatics
Swim Kauki Aquatics consistently operates near break-even, with frequent deficits, and reports no officer compensation.
EIN: 203925306 · Lihue, HI · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $108K |
| Program Spending | 85% |
| Net Assets | $49K |
| Transparency Score | 75/100 |
Is Swim Kauki Aquatics Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swim Kauki Aquatics directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swim Kauki Aquatics
Swim Kauki Aquatics (EIN: 203925306) is a nonprofit organization based in Lihue, HI, classified under NTEE code N67. The organization reported total revenue of $124K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swim Kauki Aquatics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swim Kauki Aquatics is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $108K |
| Surplus / Deficit | $-15,872 |
| Total Assets | $52K |
| Total Liabilities | $3K |
| Net Assets | $49K |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Swim Kauki Aquatics reported a deficit of $16K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Swim Kauki Aquatics's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.7% | -17.5% | -23.5% |
| 2022 | +27.7% | +13.7% | +29.5% |
| 2021 | +5.5% | +20.7% | +0.0% |
| 2020 | -0.8% | -19.7% | +15.7% |
| 2019 | -34.8% | +6.0% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Swim Kauki Aquatics 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, Swim Kauki Aquatics 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
Swim Kauki Aquatics consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a positive sign for resource allocation directly to mission-related activities.
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 Swim Kauki Aquatics's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2021, 2019, 2017, 2016, 2015) indicate potential sustainability challenges.
- Significant fluctuation in annual revenue, making financial planning potentially difficult.
Strengths
The following positive indicators were identified for Swim Kauki Aquatics:
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds for mission.
- Long and consistent IRS 990 filing history, demonstrating transparency.
- Growth in assets over time, from $2,079 in 2017 to $52,176 in 2023.
Frequently Asked Questions about Swim Kauki Aquatics
Is Swim Kauki Aquatics a legitimate charity?
Swim Kauki Aquatics (EIN: 203925306) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $124K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Swim Kauki Aquatics spend its money?
Swim Kauki Aquatics directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Swim Kauki Aquatics tax-deductible?
Swim Kauki Aquatics is registered as a tax-exempt nonprofit (EIN: 203925306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Swim Kauki Aquatics's spending goes to programs?
Swim Kauki Aquatics directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Swim Kauki Aquatics compare to similar nonprofits?
With a transparency score of 75/100 (Good), Swim Kauki Aquatics is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Swim Kauki Aquatics located?
Swim Kauki Aquatics is headquartered in Lihue, Hawaii and files with the IRS under EIN 203925306. It is classified under NTEE code N67.
How many years of IRS 990 filings does Swim Kauki Aquatics have?
Swim Kauki Aquatics 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 $124K in total revenue.
Is Swim Kauki Aquatics financially stable?
Swim Kauki Aquatics has experienced several years of operating deficits, including in 2023 where expenses ($107,940) exceeded revenue ($92,068). While assets have grown, the recurring deficits suggest potential challenges to long-term financial stability if not addressed.
How does Swim Kauki Aquatics compensate its leadership?
All available IRS 990 filings for Swim Kauki Aquatics report 0% officer compensation, suggesting that its leadership is either volunteer-based or compensated through means not classified as officer compensation.
What is the trend in Swim Kauki Aquatics' revenue?
Swim Kauki Aquatics' revenue has fluctuated, ranging from a low of $92,068 in 2023 to a high of $166,835 in 2018, indicating variability in its funding streams.
Filing History
IRS 990 filing history for Swim Kauki Aquatics showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Swim Kauki Aquatics's revenue has grown by 53%, moving from $60K to $92K. Total assets increased by 434.9% over the same period, from $10K to $52K. Total functional expenses rose by 53.8%, from $70K to $108K. In its most recent filing year (2023), Swim Kauki Aquatics reported a deficit of $16K, with expenses exceeding revenue. The organization holds $3K in liabilities against $52K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $49K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $108K | $52K | $3K | — | — |
| 2022 | $145K | $131K | $68K | $3K | — | View 990 |
| 2021 | $114K | $115K | $53K | $3K | — | View 990 |
| 2020 | $108K | $95K | $53K | $1K | — | View 990 |
| 2019 | $109K | $119K | $46K | $7K | — | View 990 |
| 2018 | $167K | $112K | $64K | $15K | — | View 990 |
| 2017 | $113K | $118K | $2K | $8K | — | View 990 |
| 2016 | $104K | $114K | $8K | $10K | — | View 990 |
| 2015 | $112K | $114K | $12K | $3K | — | View 990 |
| 2014 | $108K | $97K | $11K | $1K | — | View 990 |
| 2013 | $93K | $86K | $7K | $8K | — | View 990 |
| 2012 | $67K | $82K | $3K | $10K | — | View 990 |
| 2011 | $60K | $70K | $10K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $108K, and assets of $52K (revenue -36.7% year-over-year).
- 2022: Revenue of $145K, expenses of $131K, and assets of $68K (revenue +27.7% year-over-year).
- 2021: Revenue of $114K, expenses of $115K, and assets of $53K (revenue +5.5% year-over-year).
- 2020: Revenue of $108K, expenses of $95K, and assets of $53K (revenue -0.8% year-over-year).
- 2019: Revenue of $109K, expenses of $119K, and assets of $46K (revenue -34.8% year-over-year).
- 2018: Revenue of $167K, expenses of $112K, and assets of $64K (revenue +47.1% year-over-year).
- 2017: Revenue of $113K, expenses of $118K, and assets of $2K (revenue +9.6% year-over-year).
- 2016: Revenue of $104K, expenses of $114K, and assets of $8K (revenue -7.9% year-over-year).
- 2015: Revenue of $112K, expenses of $114K, and assets of $12K (revenue +4.1% year-over-year).
- 2014: Revenue of $108K, expenses of $97K, and assets of $11K (revenue +15.5% year-over-year).
- 2013: Revenue of $93K, expenses of $86K, and assets of $7K (revenue +39.5% year-over-year).
- 2012: Revenue of $67K, expenses of $82K, and assets of $3K (revenue +11.3% year-over-year).
- 2011: Revenue of $60K, expenses of $70K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swim Kauki Aquatics:
Data Sources and Methodology
This transparency report for Swim Kauki Aquatics 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.