Charity Search / CHETEK HYDROFLITES INCORPORATED
Recreation & Sports (N67) IRS Verified DX Registered 990 on File

CHETEK HYDROFLITES INCORPORATED

EIN: 39-1673165 · CHETEK, WI 54728-0854 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 76/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
Claim this Charity
26
CharityAI™ Score
out of 100
Mission Statement

The mission of the Chetek Hydroflites is to educate and inspire individuals in the sport of water skiing by promoting safety, skill development, and good sportsmanship, while serving as a community resource for water-based recreation and fostering a passion for waterskiing in Chetek, Wisconsin and surrounding areas.

Financial Overview — FY 2025
$64K
Total Revenue
$61K
Total Expenses
$231K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.5%
Fundraising Efficiency 36.4%
Operating Reserve 45.07x
Liability-to-Asset 0.0%
Revenue Diversification 42.9%
Compared with Peers
FY 2025
Compared with 5,880 similar organizations (United States, Recreation & Sports, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.5% 91.2%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
36.4% 39.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
45.1 mo 9.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
42.9% 83.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
22.3% -0.1%
P10P90
Expense growth
Year over year expense growth
8.1% -0.8%
P10P90
Surplus margin
Surplus as a share of revenue
4.2% 7.9%
P10P90
CharityAI™ Evaluation — 2025
26 / 100
0
Financial
61
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 61
Program Effectiveness (25%) 45
Impact & Outcomes (25%) 10

0 programs

IRS Verified 85% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $64K $61K $231K 98.5%
2024 $52K $57K $228K 98.4%
2023 $55K $54K $233K 100.0%
2022 $84K $59K $232K 38.5%
2021 $113K $65K N/A 1
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Organization Details
EIN
39-1673165
State
WI
City
CHETEK
ZIP
54728-0854
Classification
N67
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1980
Foundation Code
16
Form 990
On File
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