Barracuda Aquatics Team

Nonprofit profile at a glance

EIN: 264772103
IRS 990-EZ coverage: 2018–2022
Forms available: Form 990-EZ 2022
Location: El Paso, TX, USA
Rating: 92
Verdict: STRONG
Rating confidence: Moderate
Sector: Swimming & Other Water Recreation

Reported finances

Revenue: $72,478
Expenses: $71,736
Assets: $3,669

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

Jennifer Smith (President)

People named in this filing

Joseph Olson (Treasurer)
Jennifer Smith (President)
Wright Stanton (Head Coach)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

USA Swimming competitive swim team with swimming lessons practice times and competitions

What it reported doing in 2022

Swim meets pool rental team practices

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 100
Sustainability: 32
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: 1%; rating input score 48; 48th percentile among comparable filings
Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -4.2% per year; rating input score 0; 41st percentile among comparable filings
Revenue growth: -3.4% per year; rating input score 0; 44th percentile among comparable filings
Asset growth: -28.6% per year; rating input score 0; 7th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $72K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 6 of 7 current checks pass · 1 finding to review
Schedules: 2 filed schedules
Filing history: 3 filing years from 2018 to 2022
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 8/100.
Moderate — Sustainability: Operating margin scored 48/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.