Wasilla Waves Swim Club

Nonprofit profile at a glance

EIN
920111183
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025
Location
Wasilla, AK, USA
Phone
9072033740
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$84,796
Expenses
$157,133
Assets
$26,854
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Megan Dalitsch (President)
  • M'Lyn Lazzarini (Vice President)

People named in this filing

  • Megan Dalitsch (President)
  • M'Lyn Lazzarini (Vice President)
  • Amber Stacey (Secretary)

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

Wasilla Waves Swim Club is a local, non-profit, year-round swim club for youth ages 5 through 18. We coach for competitive swimming while promoting the development of good sportsmanship, individual integrity, and life long healthy habits. We are a non-profit club run by its elected Board of Directors which meets monthly. All members are encouraged to attend the meetings and to be involved in team activities and fundraisers.

What it reported doing in 2025

Maintaining maximum participation in in-state meets while promoting life-long healthy habits.

Operating model

Revenue model
Membership-supported. 92% of the money available for current operations came from membership dues.
Distribution model
Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 23
  • 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; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -85.3%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 38% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 55th 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 · $157K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • 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.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.