DEMOGRAPHIC
ADDRESS
742 COUNTRY LN
55328
COUNTY
wright county, MN
IN CARE OF NAME
DAVID KENISON
ORGANIZATIONAL OVERVIEW & RANKINGS
VELOCITY AQUATICS is a based in DELANO, MN, focused on Recreation, Sports, Leisure, Athletics causes , specifically Swimming, Water Recreation. Established in December 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $103,033.00, this ranks 491,163 among 2,656,690 nonprofits nationally (Top 19%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,093 out of 53,624 organizations in MN (Top 21%).
In wright county, MN, the organization ranks 146 out of 990 nonprofits by assets (Top 15%), while locally in delano, it stands at 18 among 71 organizations (Top 18%).
The organization reported annual revenue of $251,187.00, ranking 258,904 nationally (Top 10%) and 6,143 in MN (Top 12%).
Within its specific NTEE classification (N67 - N: Recreation, Sports, Leisure, Athletics), which includes 4,403 similar organizations, VELOCITY AQUATICS ranks 581 in assets (Top 14%) and 373 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N67: Swimming, Water Recreation
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$270,736.00
FORM 990 REVENUE AMOUNT
$251,187.00
RULING DATE
12/2016
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$103,033.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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