Watertown Aquatic Team - Wat is a 501(c)(3) organization based in Watertown, Wisconsin, registered in 1980, with $91,465 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$91K
▼ 3.6% vs prior year
Expenses (FY2024)
$81K
Net assets
$36K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Watertown Aquatic Team - Wat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Watertown Aquatic Team - Wat: 5 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Watertown Aquatic Team - Wat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Watertown Aquatic Team - Wat: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $33K (FY2010) to $91K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36K
Total liabilities
$513
Net assets
$36K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $91,465▼3.6% | $81,021▼14.2% | $35,508▲41.7% | $36,021▲43.7% | 990EZ |
| 2023 | $94,858▲18.5% | $94,460▲11.2% | $25,064▲1.6% | $25,064▲1.6% | 990EZ |
| 2022 | $80,064▲15.3% | $84,908▲32.0% | $24,666▼16.4% | $24,666▼17.7% | 990EZ |
| 2021 | $69,426▲71.3% | $64,329▲59.0% | $29,510▲20.9% | $29,972▲22.0% | 990EZ |
| 2020 | $40,520▼27.6% | $40,451▼20.7% | $24,413▲0.3% | $24,573▼2.4% | 990EZ |
| 2019 | $55,959▲0.5% | $50,996▲5.2% | $24,344▲25.6% | $25,185▲28.6% | 990EZ |
| 2018 | $55,705▲16.4% | $48,490▼7.8% | $19,383▲59.3% | $19,589▲59.3% | 990EZ |
| 2017 | $47,843▼10.7% | $52,588▼7.7% | $12,168▼28.1% | $12,299▼29.3% | 990EZ |
| 2016 | $53,589▲15.8% | $56,969▲24.8% | $16,912▼16.7% | $17,404▼16.1% | 990EZ |
| 2015 | $46,296▼18.2% | $45,631▼17.4% | $20,293▲3.4% | $20,739▲1.5% | 990EZ |
| 2014 | $56,604▲56.7% | $55,273▼2.4% | $19,628▲7.3% | $20,430▲0.1% | 990EZ |
| 2013 | $36,114▼34.3% | $56,617▲33.1% | $18,298▼52.8% | $20,400▼47.4% | 990EZ |
| 2012 | $54,990▲20.6% | $42,524▲43.0% | $38,801▲47.3% | $38,801▲47.3% | 990EZ |
| 2011 | $45,601▲39.9% | $29,745▼31.0% | $26,335▲151% | $26,335▲151% | 990EZ |
| 2010 | $32,603 | $43,112 | $10,480 | $10,480 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Watertown Aquatic Team - Wat (EIN 39-1365838) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.