Woodbridge Aquatic Club Inc

Woodbridge Aquatic Club Inc. maintains stable finances with volunteer leadership and no reported liabilities.

EIN: 203155219 · Woodbridge, CT · NTEE: N70 · Updated: 2026-03-28

$234KRevenue

$45KAssets

85/100Mission Score (Excellent)

N70

About Woodbridge Aquatic Club Inc

Woodbridge Aquatic Club Inc (EIN: 203155219) is a nonprofit organization based in Woodbridge, CT, classified under NTEE code N70. The organization reported total revenue of $234K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodbridge Aquatic Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Woodbridge Aquatic Club Inc. demonstrates a generally stable financial history, with revenues and expenses fluctuating but often balancing out over the past decade. For instance, in 2023, the organization reported revenues of $135,760 against expenses of $114,850, indicating a surplus. However, there have been periods of deficit, such as in 2021 where expenses significantly outpaced revenue ($140,111 vs. $69,095). The organization consistently reports zero liabilities and zero officer compensation, which speaks to a lean operational structure and a commitment to volunteer leadership. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of officer compensation suggests a high degree of volunteerism, which can contribute to spending efficiency. The organization's assets have fluctuated, showing a recent increase from $25,732 in 2022 to $46,642 in 2023, indicating some financial rebuilding. The lack of reported liabilities across all filings is a strong indicator of financial prudence and stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Woodbridge Aquatic Club 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Woodbridge Aquatic Club Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run entirely by volunteers, which is highly commendable for a nonprofit of its size with revenues fluctuating around $100,000-$200,000 annually.

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.

Red Flags

The following concerns were identified during AI analysis of Woodbridge Aquatic Club Inc's IRS 990 filings:

Significant fluctuations in assets over time, including periods of zero reported assets (2018-2020).

Strengths

The following positive indicators were identified for Woodbridge Aquatic Club Inc:

Consistent 0% officer compensation, indicating strong volunteer leadership.
Zero reported liabilities across all 13 filings, demonstrating financial prudence.
Long operational history with 13 IRS 990 filings, suggesting sustained community presence.
Recent positive net income ($20,910 in 2023) and asset growth ($25,732 to $46,642 from 2022 to 2023).

Frequently Asked Questions about Woodbridge Aquatic Club Inc

Is Woodbridge Aquatic Club Inc. a good charity?

Based on the provided financial data, Woodbridge Aquatic Club Inc. appears to be a well-managed organization with a strong commitment to volunteerism (0% officer compensation) and financial prudence (zero liabilities). Its consistent operation over many years and recent asset growth suggest stability.

How does the organization manage its finances given fluctuating revenues?

The organization has experienced both surpluses and deficits over the years (e.g., $20,910 surplus in 2023, $71,016 deficit in 2021). Despite these fluctuations, it has consistently maintained zero liabilities, suggesting effective cash flow management and a conservative approach to debt.

What is the trend in the organization's assets?

Assets have fluctuated significantly, from $129,018 in 2016 to $0 in 2018-2020, and then rebuilding to $46,642 in 2023. This indicates periods of asset utilization or reinvestment, followed by recent growth.

Filing History

IRS 990 filing history for Woodbridge Aquatic Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Woodbridge Aquatic Club Inc's revenue has grown by 0.3%, moving from $135K to $136K. Total assets decreased by 33.7% over the same period, from $70K to $47K. Total functional expenses fell by 19.3%, from $142K to $115K. In its most recent filing year (2023), Woodbridge Aquatic Club Inc reported a surplus of $21K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$136K	$115K	$47K	$0	—	—
2022	$149K	$149K	$26K	$0	—	View 990
2021	$69K	$140K	$26K	$367	—	View 990
2020	$145K	$137K	$0	$0	—	View 990
2019	$254K	$228K	$0	$0	—	View 990
2018	$200K	$234K	$0	$0	—	View 990
2017	$167K	$188K	$108K	$0	—	View 990
2016	$206K	$200K	$129K	$0	—	View 990
2015	$184K	$177K	$122K	$0	—	View 990
2014	$193K	$168K	$115K	$0	—	View 990
2013	$137K	$133K	$91K	$0	—	View 990
2012	$150K	$133K	$87K	$0	—	View 990
2011	$135K	$142K	$70K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $136K, expenses of $115K, and assets of $47K (revenue -8.6% year-over-year).
2022: Revenue of $149K, expenses of $149K, and assets of $26K (revenue +115.0% year-over-year).
2021: Revenue of $69K, expenses of $140K, and assets of $26K (revenue -52.2% year-over-year).
2020: Revenue of $145K, expenses of $137K, and assets of $0 (revenue -43.0% year-over-year).
2019: Revenue of $254K, expenses of $228K, and assets of $0 (revenue +26.7% year-over-year).
2018: Revenue of $200K, expenses of $234K, and assets of $0 (revenue +19.9% year-over-year).
2017: Revenue of $167K, expenses of $188K, and assets of $108K (revenue -19.0% year-over-year).
2016: Revenue of $206K, expenses of $200K, and assets of $129K (revenue +11.8% year-over-year).
2015: Revenue of $184K, expenses of $177K, and assets of $122K (revenue -4.4% year-over-year).
2014: Revenue of $193K, expenses of $168K, and assets of $115K (revenue +41.0% year-over-year).
2013: Revenue of $137K, expenses of $133K, and assets of $91K (revenue -8.6% year-over-year).
2012: Revenue of $150K, expenses of $133K, and assets of $87K (revenue +10.5% year-over-year).
2011: Revenue of $135K, expenses of $142K, and assets of $70K.

Data Sources and Methodology

This transparency report for Woodbridge Aquatic Club 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.