Wright County Wave Swim Club
EIN: 411918479 · Buffalo, MN · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $101K |
| Net Assets | $63K |
Is Wright County Wave Swim Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wright County Wave Swim Club
Wright County Wave Swim Club (EIN: 411918479) is a nonprofit organization based in Buffalo, MN, classified under NTEE code N60. The organization reported total revenue of $160K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wright County Wave Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wright County Wave Swim Club is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $101K |
| Surplus / Deficit | +$12K |
| Total Assets | $65K |
| Total Liabilities | $2K |
| Net Assets | $63K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2024, Wright County Wave Swim Club reported a surplus of $12K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 6 years of filings (2019–2024), Wright County Wave Swim Club's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.5% | +3.9% | +25.6% |
| 2023 | -16.9% | -23.7% | +17.6% |
| 2022 | +0.2% | +31.5% | -5.3% |
| 2021 | +41.5% | +18.3% | +67.9% |
| 2020 | +0.7% | -12.2% | +125.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wright County Wave Swim Club 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 Wright County Wave Swim Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Wright County Wave Swim Club
Is Wright County Wave Swim Club a legitimate charity?
Wright County Wave Swim Club (EIN: 411918479) is a registered tax-exempt nonprofit based in Minnesota. It has 6 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: A.
How does Wright County Wave Swim Club spend its money?
Wright County Wave Swim Club reported $160K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wright County Wave Swim Club tax-deductible?
Wright County Wave Swim Club is registered as a tax-exempt nonprofit (EIN: 411918479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wright County Wave Swim Club located?
Wright County Wave Swim Club is headquartered in Buffalo, Minnesota and files with the IRS under EIN 411918479. It is classified under NTEE code N60.
How many years of IRS 990 filings does Wright County Wave Swim Club have?
Wright County Wave Swim Club has 6 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 $160K in total revenue.
Filing History
IRS 990 filing history for Wright County Wave Swim Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Wright County Wave Swim Club's revenue has grown by 28.8%, moving from $87K to $113K. Total assets increased by 430.6% over the same period, from $12K to $65K. Total functional expenses rose by 8.2%, from $93K to $101K. In its most recent filing year (2024), Wright County Wave Swim Club reported a surplus of $12K, with revenue exceeding expenses. The organization holds $2K in liabilities against $65K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $113K | $101K | $65K | $2K | — | — |
| 2023 | $104K | $97K | $51K | $784 | — | View 990 |
| 2022 | $125K | $127K | $44K | $0 | — | View 990 |
| 2021 | $124K | $96K | $46K | $359 | — | — |
| 2020 | $88K | $82K | $28K | $10K | — | — |
| 2019 | $87K | $93K | $12K | $776 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $113K, expenses of $101K, and assets of $65K (revenue +8.5% year-over-year).
- 2023: Revenue of $104K, expenses of $97K, and assets of $51K (revenue -16.9% year-over-year).
- 2022: Revenue of $125K, expenses of $127K, and assets of $44K (revenue +0.2% year-over-year).
- 2021: Revenue of $124K, expenses of $96K, and assets of $46K (revenue +41.5% year-over-year).
- 2020: Revenue of $88K, expenses of $82K, and assets of $28K (revenue +0.7% year-over-year).
- 2019: Revenue of $87K, expenses of $93K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wright County Wave Swim Club:
Data Sources and Methodology
This transparency report for Wright County Wave Swim Club 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.