Tsunami Swim Team Of Kansas City Inc
Tsunami Swim Team Of Kansas City Inc maintains stable finances with no reported officer compensation.
EIN: 200800524 · Kansas City, MO · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $486K |
| Total Expenses | $461K |
| Program Spending | 85% |
| Net Assets | $68K |
| Transparency Score | 85/100 |
Is Tsunami Swim Team Of Kansas City Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tsunami Swim Team Of Kansas City Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tsunami Swim Team Of Kansas City Inc
Tsunami Swim Team Of Kansas City Inc (EIN: 200800524) is a nonprofit organization based in Kansas City, MO, classified under NTEE code N67. The organization reported total revenue of $486K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tsunami Swim Team Of Kansas City Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tsunami Swim Team Of Kansas City Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $480K |
| Total Expenses | $461K |
| Surplus / Deficit | +$20K |
| Total Assets | $70K |
| Total Liabilities | $2K |
| Net Assets | $68K |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Tsunami Swim Team Of Kansas City Inc reported a surplus of $20K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tsunami Swim Team Of Kansas City Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | -1.7% | +34.9% |
| 2022 | +48.1% | +23.8% | -31.0% |
| 2021 | +38.9% | +19.4% | -37.6% |
| 2020 | -46.1% | -5.3% | -34.2% |
| 2019 | +18.4% | +7.3% | +117.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Tsunami Swim Team Of Kansas City Inc with a Mission Score of 85 out of 100 (Excellent). 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, Tsunami Swim Team Of Kansas City 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for directing funds to its mission.
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.
Strengths
The following positive indicators were identified for Tsunami Swim Team Of Kansas City Inc:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds.
- Stable financial health with revenues generally exceeding expenses in recent years (e.g., $480,397 revenue vs. $460,522 expenses in 202308).
- Low liabilities ($2,065 in 202308) suggesting good debt management.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Growth in revenue over the past decade, indicating increasing support and activity.
Frequently Asked Questions about Tsunami Swim Team Of Kansas City Inc
Is Tsunami Swim Team Of Kansas City Inc a legitimate charity?
Tsunami Swim Team Of Kansas City Inc (EIN: 200800524) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $486K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Tsunami Swim Team Of Kansas City Inc spend its money?
Tsunami Swim Team Of Kansas City Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tsunami Swim Team Of Kansas City Inc tax-deductible?
Tsunami Swim Team Of Kansas City Inc is registered as a tax-exempt nonprofit (EIN: 200800524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tsunami Swim Team Of Kansas City Inc's spending goes to programs?
Tsunami Swim Team Of Kansas City Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tsunami Swim Team Of Kansas City Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tsunami Swim Team Of Kansas City Inc 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 Tsunami Swim Team Of Kansas City Inc located?
Tsunami Swim Team Of Kansas City Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 200800524. It is classified under NTEE code N67.
How many years of IRS 990 filings does Tsunami Swim Team Of Kansas City Inc have?
Tsunami Swim Team Of Kansas City Inc 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 $486K in total revenue.
Is Tsunami Swim Team Of Kansas City Inc a good charity?
Based on the available data, Tsunami Swim Team Of Kansas City Inc appears to be a well-managed organization. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its financial health is stable, with revenues generally covering expenses and low liabilities.
How has the organization's financial health changed over time?
The organization has shown growth in revenue and expenses over the past decade, from $185,206 in revenue in 201608 to $480,397 in 202308. While assets have fluctuated, they have generally increased from earlier periods, and liabilities remain consistently low, indicating stable financial health.
What is the organization's approach to executive compensation?
Tsunami Swim Team Of Kansas City Inc reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership is either volunteer-based or compensated through roles not classified as officers, which is a strong positive for resource allocation.
Filing History
IRS 990 filing history for Tsunami Swim Team Of Kansas City Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tsunami Swim Team Of Kansas City Inc's revenue has grown by 71.3%, moving from $280K to $480K. Total assets increased by 39% over the same period, from $51K to $70K. Total functional expenses rose by 89.8%, from $243K to $461K. In its most recent filing year (2023), Tsunami Swim Team Of Kansas City Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $2K in liabilities against $70K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $480K | $461K | $70K | $2K | — | View 990 |
| 2022 | $477K | $468K | $52K | $4K | — | View 990 |
| 2021 | $322K | $378K | $76K | $36K | — | View 990 |
| 2020 | $232K | $317K | $121K | $25K | — | View 990 |
| 2019 | $431K | $334K | $184K | $6K | — | View 990 |
| 2018 | $364K | $312K | $84K | $2K | — | View 990 |
| 2017 | $294K | $274K | $31K | $7K | — | View 990 |
| 2016 | $185K | $188K | $13K | $9K | — | View 990 |
| 2015 | $218K | $205K | $12K | $5K | — | View 990 |
| 2014 | $217K | $211K | $6K | $13K | — | View 990 |
| 2013 | $204K | $251K | $4K | $17K | — | View 990 |
| 2012 | $267K | $279K | $42K | $9K | — | View 990 |
| 2011 | $280K | $243K | $51K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $480K, expenses of $461K, and assets of $70K (revenue +0.6% year-over-year).
- 2022: Revenue of $477K, expenses of $468K, and assets of $52K (revenue +48.1% year-over-year).
- 2021: Revenue of $322K, expenses of $378K, and assets of $76K (revenue +38.9% year-over-year).
- 2020: Revenue of $232K, expenses of $317K, and assets of $121K (revenue -46.1% year-over-year).
- 2019: Revenue of $431K, expenses of $334K, and assets of $184K (revenue +18.4% year-over-year).
- 2018: Revenue of $364K, expenses of $312K, and assets of $84K (revenue +23.5% year-over-year).
- 2017: Revenue of $294K, expenses of $274K, and assets of $31K (revenue +59.0% year-over-year).
- 2016: Revenue of $185K, expenses of $188K, and assets of $13K (revenue -15.2% year-over-year).
- 2015: Revenue of $218K, expenses of $205K, and assets of $12K (revenue +0.8% year-over-year).
- 2014: Revenue of $217K, expenses of $211K, and assets of $6K (revenue +6.0% year-over-year).
- 2013: Revenue of $204K, expenses of $251K, and assets of $4K (revenue -23.5% year-over-year).
- 2012: Revenue of $267K, expenses of $279K, and assets of $42K (revenue -4.7% year-over-year).
- 2011: Revenue of $280K, expenses of $243K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tsunami Swim Team Of Kansas City Inc:
Data Sources and Methodology
This transparency report for Tsunami Swim Team Of Kansas City 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.