Wavetrain Kayak Team Inc
EIN: 810537460 · Bozeman, MT · NTEE: N70
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $107K |
| Net Assets | $21K |
Is Wavetrain Kayak Team Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wavetrain Kayak Team Inc
Wavetrain Kayak Team Inc (EIN: 810537460) is a nonprofit organization based in Bozeman, MT, classified under NTEE code N70. The organization reported total revenue of $121K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wavetrain Kayak Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wavetrain Kayak Team Inc is a small nonprofit that has been operating for 25 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $107K |
| Surplus / Deficit | +$833 |
| Total Assets | $23K |
| Total Liabilities | $2K |
| Net Assets | $21K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Wavetrain Kayak Team Inc reported a surplus of $833 with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Wavetrain Kayak Team Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.0% | +23.8% | +4.7% |
| 2022 | +35.2% | +25.6% | +32.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wavetrain Kayak Team 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 Wavetrain Kayak Team 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 surplus of $833, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.6%.
Frequently Asked Questions about Wavetrain Kayak Team Inc
Is Wavetrain Kayak Team Inc a legitimate charity?
Wavetrain Kayak Team Inc (EIN: 810537460) is a registered tax-exempt nonprofit based in Montana. It has 3 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: A.
How does Wavetrain Kayak Team Inc spend its money?
Wavetrain Kayak Team Inc reported $121K 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 Wavetrain Kayak Team Inc tax-deductible?
Wavetrain Kayak Team Inc is registered as a tax-exempt nonprofit (EIN: 810537460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wavetrain Kayak Team Inc located?
Wavetrain Kayak Team Inc is headquartered in Bozeman, Montana and files with the IRS under EIN 810537460. It is classified under NTEE code N70.
How many years of IRS 990 filings does Wavetrain Kayak Team Inc have?
Wavetrain Kayak Team Inc 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 $121K in total revenue.
Filing History
IRS 990 filing history for Wavetrain Kayak Team Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Wavetrain Kayak Team Inc's revenue has grown by 59.5%, moving from $67K to $108K. Total assets increased by 38.8% over the same period, from $17K to $23K. Total functional expenses rose by 55.5%, from $69K to $107K. In its most recent filing year (2023), Wavetrain Kayak Team Inc reported a surplus of $833, with revenue exceeding expenses. The organization holds $2K in liabilities against $23K in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $107K | $23K | $2K | — | — |
| 2022 | $91K | $86K | $22K | $2K | — | — |
| 2021 | $67K | $69K | $17K | $2K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $107K, and assets of $23K (revenue +18.0% year-over-year).
- 2022: Revenue of $91K, expenses of $86K, and assets of $22K (revenue +35.2% year-over-year).
- 2021: Revenue of $67K, expenses of $69K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wavetrain Kayak Team Inc:
Data Sources and Methodology
This transparency report for Wavetrain Kayak Team 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.