Utah Valley Aquatics Inc
EIN: 721589006 · Provo, UT · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $516K |
| Net Assets | $364K |
Is Utah Valley Aquatics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utah Valley Aquatics Inc
Utah Valley Aquatics Inc (EIN: 721589006) is a nonprofit organization based in Provo, UT, classified under NTEE code N67. The organization reported total revenue of $538K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Valley Aquatics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Valley Aquatics 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 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $500K |
| Total Expenses | $516K |
| Surplus / Deficit | $-15,473 |
| Total Assets | $364K |
| Net Assets | $364K |
| Operating Margin | -3.1% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Utah Valley Aquatics Inc reported a deficit of $15K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Utah Valley Aquatics Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.6% | +20.2% | -4.1% |
| 2022 | +13.9% | +11.6% | +7.8% |
| 2021 | +23.3% | +39.3% | +21.5% |
| 2020 | +0.5% | -12.6% | +20.3% |
| 2019 | +5.7% | +3.5% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utah Valley Aquatics Inc 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 Utah Valley Aquatics Inc 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 deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Utah Valley Aquatics Inc
Is Utah Valley Aquatics Inc a legitimate charity?
Utah Valley Aquatics Inc (EIN: 721589006) is a registered tax-exempt nonprofit based in Utah. It has 13 years of IRS 990 filings on record. Total revenue: $538K. No red flags identified. Financial health grade: B.
How does Utah Valley Aquatics Inc spend its money?
Utah Valley Aquatics Inc reported $538K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Utah Valley Aquatics Inc tax-deductible?
Utah Valley Aquatics Inc is registered as a tax-exempt nonprofit (EIN: 721589006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah Valley Aquatics Inc located?
Utah Valley Aquatics Inc is headquartered in Provo, Utah and files with the IRS under EIN 721589006. It is classified under NTEE code N67.
How many years of IRS 990 filings does Utah Valley Aquatics Inc have?
Utah Valley Aquatics 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 $538K in total revenue.
Filing History
IRS 990 filing history for Utah Valley Aquatics Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Utah Valley Aquatics Inc's revenue has grown by 213.1%, moving from $160K to $500K. Total assets increased by 456.8% over the same period, from $65K to $364K. Total functional expenses rose by 228.7%, from $157K to $516K. In its most recent filing year (2023), Utah Valley Aquatics Inc reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $500K | $516K | $364K | $0 | — | — |
| 2022 | $456K | $429K | $379K | $0 | — | View 990 |
| 2021 | $401K | $384K | $352K | $0 | — | View 990 |
| 2020 | $325K | $276K | $290K | $0 | — | — |
| 2019 | $323K | $316K | $241K | $0 | — | View 990 |
| 2018 | $306K | $305K | $234K | $0 | — | View 990 |
| 2017 | $319K | $283K | $233K | $0 | — | View 990 |
| 2016 | $273K | $268K | $191K | $0 | — | View 990 |
| 2015 | $263K | $230K | $186K | $0 | — | View 990 |
| 2014 | $260K | $210K | $153K | $0 | — | View 990 |
| 2013 | $197K | $152K | $104K | $0 | — | View 990 |
| 2012 | $169K | $164K | $69K | $11K | — | View 990 |
| 2011 | $160K | $157K | $65K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $500K, expenses of $516K, and assets of $364K (revenue +9.6% year-over-year).
- 2022: Revenue of $456K, expenses of $429K, and assets of $379K (revenue +13.9% year-over-year).
- 2021: Revenue of $401K, expenses of $384K, and assets of $352K (revenue +23.3% year-over-year).
- 2020: Revenue of $325K, expenses of $276K, and assets of $290K (revenue +0.5% year-over-year).
- 2019: Revenue of $323K, expenses of $316K, and assets of $241K (revenue +5.7% year-over-year).
- 2018: Revenue of $306K, expenses of $305K, and assets of $234K (revenue -4.2% year-over-year).
- 2017: Revenue of $319K, expenses of $283K, and assets of $233K (revenue +16.9% year-over-year).
- 2016: Revenue of $273K, expenses of $268K, and assets of $191K (revenue +3.9% year-over-year).
- 2015: Revenue of $263K, expenses of $230K, and assets of $186K (revenue +1.2% year-over-year).
- 2014: Revenue of $260K, expenses of $210K, and assets of $153K (revenue +31.6% year-over-year).
- 2013: Revenue of $197K, expenses of $152K, and assets of $104K (revenue +16.6% year-over-year).
- 2012: Revenue of $169K, expenses of $164K, and assets of $69K (revenue +6.0% year-over-year).
- 2011: Revenue of $160K, expenses of $157K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Valley Aquatics Inc:
Data Sources and Methodology
This transparency report for Utah Valley Aquatics 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.