Chippewa Lake Water Ski Show Team Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote and Nationally compete in the sport of water show skiing (defined as all towed water sports including wakeboarding, bare footing, knee boarding and other towed water sports) through group participation, exhibitions, shows, tournaments and associated recreational activities; develop and maintain facilities for water skiing; stimulate interest in the community; and work for greater safety in water skiing. To educate and promote its members to respect, participate and become stewards in the community.
- Income
- $111,353
- Spending
- $151,732
- Reserves
- 26 months of spending
- Largest source of income
- fees for its services, 38%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 79 out of 100. Higher than 51% of charities in its peer group (recreation and sports, under $250k).
Reserves
35 of 35Spendable reserves would cover 26.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 36% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $102,996 spent. Weekly Water Ski Shows for the Public to promote the sport of show water skiing. No Fee for Weekly Shows. Benefit 5000 people and 110 members.
- $35,893 spent. Competition in the US Central Regional Tournament and the US Division 1 National Tournament under the direction & responsibility of the USA Water Ski Association and the National Show Skiing Association. Benefit 110 members and over $25,000 public spectators.
- $17,166 spent. "Learn to Ski" community event, offering "Learn to Ski" for the Public at no charge to participants. Benefit 75 participants and 110 members. Water Ski Show Demonstrations- Benefit 110 Members and 7500 spectators.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.