Charity Search / FARMINGTON TIGERSHARKS SWIM CLUB INC
Recreation & Sports (N67) IRS Verified DX Registered 990 on File

FARMINGTON TIGERSHARKS SWIM CLUB INC

EIN: 41-1947682 · FARMINGTON, MN 55024-0316 · United States · FY 2025 Data
3 out of 5 44 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$188K
Total Revenue
$190K
Total Expenses
$61K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.2%
Fundraising Efficiency N/A
Operating Reserve 3.84x
Liability-to-Asset 0.0%
Revenue Diversification 99.4%
Compared with Peers
FY 2025
Compared with 5,798 similar organizations (United States, Recreation & Sports, $100K–$1M 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
98.2% 95.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
3.8 mo 6.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.4% 89.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
-1.3% 6.1%
P10P90
Expense growth
Year over year expense growth
4.1% 7.6%
P10P90
Surplus margin
Surplus as a share of revenue
-1.0% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $188K $190K $61K 98.2%
2024 $190K $182K $63K 98.1%
2023 $173K $155K $55K 90.0%
2022 $150K $163K $37K 98.4%
2021 $146K $109K N/A 1
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Organization Details
EIN
41-1947682
State
MN
City
FARMINGTON
ZIP
55024-0316
Classification
N67
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
16
Form 990
On File
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