Tsunami Volleyball Inc
Tsunami Volleyball Inc. shows strong revenue growth and financial stability with no reported officer compensation.
EIN: 205418014 · Marietta, GA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.2M |
| Total Expenses | $5.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.2M |
| Transparency Score | 92/100 |
Is Tsunami Volleyball Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tsunami Volleyball Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tsunami Volleyball Inc
Tsunami Volleyball Inc (EIN: 205418014) is a nonprofit organization based in Marietta, GA, classified under NTEE code N60. The organization reported total revenue of $6.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tsunami Volleyball Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tsunami Volleyball Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 27.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-107,958 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -2.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2024, Tsunami Volleyball Inc reported a deficit of $108K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Tsunami Volleyball Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.3% | +20.2% | -8.4% |
| 2023 | +148.6% | +133.8% | +52.1% |
| 2022 | -9.2% | +8.0% | +7.9% |
| 2021 | +65.2% | +43.0% | +96.9% |
| 2020 | +4.8% | -2.5% | +33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Tsunami Volleyball Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Tsunami Volleyball Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $108K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign for a nonprofit of its size, with revenues exceeding $5 million, demonstrating a strong commitment to directing funds towards its programs.
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 Volleyball Inc:
- Consistent revenue growth, from $945,289 in 2015 to $5,344,781 in 2024.
- Zero officer compensation reported across all filings, indicating high dedication to mission.
- Strong asset base with minimal liabilities, demonstrating financial stability (e.g., $1,179,526 assets and $0 liabilities in 2024).
- Expenses closely align with revenue, suggesting efficient use of funds (e.g., $5,344,781 revenue vs. $5,452,739 expenses in 2024, a slight deficit but within reasonable operational bounds for growth).
Frequently Asked Questions about Tsunami Volleyball Inc
Is Tsunami Volleyball Inc a legitimate charity?
Tsunami Volleyball Inc (EIN: 205418014) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $6.2M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Tsunami Volleyball Inc spend its money?
Tsunami Volleyball Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Tsunami Volleyball Inc tax-deductible?
Tsunami Volleyball Inc is registered as a tax-exempt nonprofit (EIN: 205418014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tsunami Volleyball Inc CEO make?
Tsunami Volleyball Inc's highest-compensated officer earns $5 annually. The organization reported $6.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tsunami Volleyball Inc's spending goes to programs?
Tsunami Volleyball Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tsunami Volleyball Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Tsunami Volleyball Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tsunami Volleyball Inc located?
Tsunami Volleyball Inc is headquartered in Marietta, Georgia and files with the IRS under EIN 205418014. It is classified under NTEE code N60.
How many years of IRS 990 filings does Tsunami Volleyball Inc have?
Tsunami Volleyball Inc has 14 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 $6.2M in total revenue.
Is Tsunami Volleyball Inc. a good charity?
Based on the provided IRS 990 data, Tsunami Volleyball Inc. appears to be a very good charity. It exhibits strong financial growth, maintains healthy assets with minimal liabilities, and notably reports 0% officer compensation, indicating a high dedication to its mission.
How has Tsunami Volleyball Inc.'s revenue grown over time?
Tsunami Volleyball Inc. has experienced substantial revenue growth, increasing from $945,289 in 2015 to $5,344,781 in 2024, representing over a 465% increase in less than a decade.
What is the organization's financial stability?
The organization demonstrates strong financial stability, consistently maintaining positive assets (e.g., $1,179,526 in 2024) and reporting minimal to zero liabilities across most filing periods, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Tsunami Volleyball Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Tsunami Volleyball Inc's revenue has grown by 2205.3%, moving from $232K to $5.3M. Total assets increased by 56444.9% over the same period, from $2K to $1.2M. Total functional expenses rose by 2201.9%, from $237K to $5.5M. In its most recent filing year (2024), Tsunami Volleyball Inc reported a deficit of $108K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.3M | $5.5M | $1.2M | $0 | — | View 990 |
| 2023 | $5.0M | $4.5M | $1.3M | $0 | — | View 990 |
| 2022 | $2.0M | $1.9M | $846K | $0 | — | View 990 |
| 2021 | $2.2M | $1.8M | $784K | $0 | — | View 990 |
| 2020 | $1.3M | $1.3M | $398K | $22K | — | View 990 |
| 2019 | $1.3M | $1.3M | $298K | $0 | — | View 990 |
| 2018 | $1.3M | $1.3M | $313K | $0 | — | View 990 |
| 2017 | $1.3M | $1.3M | $366K | $217 | — | View 990 |
| 2016 | $1.2M | $1.1M | $325K | $1K | — | View 990 |
| 2015 | $945K | $868K | $177K | $21 | — | View 990 |
| 2014 | $872K | $812K | $115K | $15K | — | View 990 |
| 2013 | $647K | $668K | $141K | $101K | — | View 990 |
| 2012 | $556K | $497K | $182K | $120K | — | View 990 |
| 2011 | $232K | $237K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.3M, expenses of $5.5M, and assets of $1.2M (revenue +7.3% year-over-year).
- 2023: Revenue of $5.0M, expenses of $4.5M, and assets of $1.3M (revenue +148.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $846K (revenue -9.2% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $784K (revenue +65.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $398K (revenue +4.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $298K (revenue +1.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $313K (revenue -4.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $366K (revenue +6.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $325K (revenue +31.5% year-over-year).
- 2015: Revenue of $945K, expenses of $868K, and assets of $177K (revenue +8.4% year-over-year).
- 2014: Revenue of $872K, expenses of $812K, and assets of $115K (revenue +34.9% year-over-year).
- 2013: Revenue of $647K, expenses of $668K, and assets of $141K (revenue +16.3% year-over-year).
- 2012: Revenue of $556K, expenses of $497K, and assets of $182K (revenue +139.8% year-over-year).
- 2011: Revenue of $232K, expenses of $237K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tsunami Volleyball Inc:
Data Sources and Methodology
This transparency report for Tsunami Volleyball 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.