Chippewa Lake Water Ski Show Team Inc

Nonprofit profile at a glance

EIN
030395843
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Chippewa Lake, OH, USA
Phone
2164028834
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$111,353
Expenses
$151,732
Assets
$328,497
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Mike Wade (Vice President)
  • Debbie Horning (President)

People named in this filing

  • Mike Wade (Vice President)
  • Debbie Horning (President)
  • Kelly Kelly (Treasurer)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and Nationally compete in the sport of water show skiing (defined as all towed water sports including wakeboarding, bare footing, knee boarding and other towed water sports) through group participation, exhibitions, shows, tournaments and associated recreational activities; develop and maintain facilities for water skiing; stimulate interest in the community; and work for greater safety in water skiing. To educate and promote its members to respect, participate and become stewards in the community.

What it reported doing in 2025

Competition in the US Central Regional Tournament and the US Division 1 National Tournament under the direction & responsibility of the USA Water Ski Association and the National Show Skiing Association. Benefit 110 members and over $25,000 public spectators.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 100

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; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -36.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.16; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $156K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 3/100.