Web Sling & Tie Down Association
Web Sling & Tie Down Association consistently maintains financial stability with no reported officer compensation.
EIN: 132764773 · Forest Hill, MD · NTEE: S41 · Updated: 2026-03-28
About Web Sling & Tie Down Association
Web Sling & Tie Down Association (EIN: 132764773) is a nonprofit organization based in Forest Hill, MD, classified under NTEE code S41. The organization reported total revenue of $1.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Web Sling & Tie Down Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Web Sling & Tie Down Association with a Mission Score of 90 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Web Sling & Tie Down Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign regarding resource allocation and efficiency.
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 Web Sling & Tie Down Association:
- Consistent financial stability with growing assets (from $738,548 in 2014 to $1,083,502 in 2023).
- Revenues consistently exceed expenses, indicating sound financial management (e.g., 2023 revenue $518,745 vs. expenses $507,797).
- 0% officer compensation reported across all filings, demonstrating high efficiency and resource allocation to mission.
- Long history of consistent IRS 990 filings (13 filings), indicating good transparency.
- Healthy asset-to-liability ratio, suggesting strong financial health (e.g., 2023 assets $1,083,502 vs. liabilities $108,034).
Frequently Asked Questions about Web Sling & Tie Down Association
Is the Web Sling & Tie Down Association financially stable?
Yes, the organization demonstrates strong financial stability, with assets consistently growing from $738,548 in 2014 to $1,083,502 in 2023, and revenues generally exceeding expenses.
How efficient is the Web Sling & Tie Down Association with its spending?
The organization appears highly efficient, especially given that 0% officer compensation is reported across all available filings, suggesting resources are primarily directed towards its mission and operations.
Does the Web Sling & Tie Down Association have high executive compensation?
No, the Web Sling & Tie Down Association reports 0% officer compensation in all available IRS 990 filings, indicating no executive salaries are paid to its officers.
Filing History
IRS 990 filing history for Web Sling & Tie Down Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Web Sling & Tie Down Association's revenue has grown by 80.6%, moving from $287K to $519K. Total assets increased by 94.4% over the same period, from $557K to $1.1M. Total functional expenses rose by 114.5%, from $237K to $508K. In its most recent filing year (2023), Web Sling & Tie Down Association reported a surplus of $11K, with revenue exceeding expenses. The organization holds $108K in liabilities against $1.1M in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $975K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $519K | $508K | $1.1M | $108K | — | — |
| 2022 | $452K | $420K | $1.1M | $129K | — | — |
| 2021 | $464K | $321K | $1.2M | $165K | — | View 990 |
| 2020 | $300K | $254K | $1.1M | $115K | — | — |
| 2019 | $401K | $372K | $1.0M | $137K | — | View 990 |
| 2018 | $420K | $349K | $920K | $145K | — | View 990 |
| 2017 | $349K | $342K | $903K | $129K | — | View 990 |
| 2016 | $341K | $311K | $869K | $131K | — | View 990 |
| 2015 | $374K | $322K | $818K | $139K | — | View 990 |
| 2014 | $375K | $311K | $739K | $87K | — | View 990 |
| 2013 | $352K | $285K | $661K | $56K | — | View 990 |
| 2012 | $327K | $263K | $595K | $81K | — | View 990 |
| 2011 | $287K | $237K | $557K | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $519K, expenses of $508K, and assets of $1.1M (revenue +14.8% year-over-year).
- 2022: Revenue of $452K, expenses of $420K, and assets of $1.1M (revenue -2.7% year-over-year).
- 2021: Revenue of $464K, expenses of $321K, and assets of $1.2M (revenue +54.7% year-over-year).
- 2020: Revenue of $300K, expenses of $254K, and assets of $1.1M (revenue -25.1% year-over-year).
- 2019: Revenue of $401K, expenses of $372K, and assets of $1.0M (revenue -4.6% year-over-year).
- 2018: Revenue of $420K, expenses of $349K, and assets of $920K (revenue +20.4% year-over-year).
- 2017: Revenue of $349K, expenses of $342K, and assets of $903K (revenue +2.3% year-over-year).
- 2016: Revenue of $341K, expenses of $311K, and assets of $869K (revenue -8.9% year-over-year).
- 2015: Revenue of $374K, expenses of $322K, and assets of $818K (revenue -0.3% year-over-year).
- 2014: Revenue of $375K, expenses of $311K, and assets of $739K (revenue +6.6% year-over-year).
- 2013: Revenue of $352K, expenses of $285K, and assets of $661K (revenue +7.8% year-over-year).
- 2012: Revenue of $327K, expenses of $263K, and assets of $595K (revenue +13.8% year-over-year).
- 2011: Revenue of $287K, expenses of $237K, and assets of $557K.
Data Sources and Methodology
This transparency report for Web Sling & Tie Down Association 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.