Time On The Water
EIN: 475579442 · Saint Paul, MN · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $149K |
| Total Expenses | $141K |
| Net Assets | $27K |
Is Time On The Water Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Time On The Water
Time On The Water (EIN: 475579442) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code W30. The organization reported total revenue of $149K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Time On The Water's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Time On The Water is a small nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 22.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $141K |
| Surplus / Deficit | +$19K |
| Total Assets | $37K |
| Total Liabilities | $9K |
| Net Assets | $27K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 25.3% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Time On The Water reported a surplus of $19K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 25.3% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Time On The Water's revenue has grown at a compound annual growth rate (CAGR) of 22.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.6% | +20.2% | +348.4% |
| 2022 | -11.0% | +52.4% | -73.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Time On The Water 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 Time On The Water 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.3%.
Frequently Asked Questions about Time On The Water
Is Time On The Water a legitimate charity?
Time On The Water (EIN: 475579442) is a registered tax-exempt nonprofit based in Minnesota. It has 3 years of IRS 990 filings on record. Total revenue: $149K. No red flags identified. Financial health grade: A.
How does Time On The Water spend its money?
Time On The Water reported $149K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Time On The Water tax-deductible?
Time On The Water is registered as a tax-exempt nonprofit (EIN: 475579442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Time On The Water located?
Time On The Water is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 475579442. It is classified under NTEE code W30.
How many years of IRS 990 filings does Time On The Water have?
Time On The Water has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $149K in total revenue.
Filing History
IRS 990 filing history for Time On The Water showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Time On The Water's revenue has grown by 50.9%, moving from $106K to $160K. Total assets increased by 18% over the same period, from $31K to $37K. Total functional expenses rose by 83.2%, from $77K to $141K. In its most recent filing year (2023), Time On The Water reported a surplus of $19K, with revenue exceeding expenses. The organization holds $9K in liabilities against $37K in assets (debt-to-asset ratio: 25.3%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $141K | $37K | $9K | — | — |
| 2022 | $94K | $117K | $8K | $0 | — | View 990 |
| 2021 | $106K | $77K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $141K, and assets of $37K (revenue +69.6% year-over-year).
- 2022: Revenue of $94K, expenses of $117K, and assets of $8K (revenue -11.0% year-over-year).
- 2021: Revenue of $106K, expenses of $77K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Time On The Water:
Data Sources and Methodology
This transparency report for Time On The Water 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.