Ripple INC

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Promote an interest in competitive swimming; to develop the fullest potentail of the swimmer, and to encourage good sportsmanship, enjoyment, individual integrity, self-discpline and team play.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1657782) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 400 volunteers and 24 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $9K a year · 1% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
2.7 mo
of spending, in cash
2.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$733K
+8% vs prior year
Spent
$767K
To programs
100%
Net assets
$173K
By yearFY2020–FY2025
Revenue
$733K
FY2025▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$450K
FY2021$486K
FY2022$748K
FY2023$642K
FY2024$679K
FY2025$733K
Expenses
$767K
FY2025▼ -0.7%
Tap a bar for its year
Expenses by fiscal year
FY2020$428K
FY2021$471K
FY2022$627K
FY2023$619K
FY2024$772K
FY2025$767K
Net assets
$173K
FY2025▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020$121K
FY2021$156K
FY2022$276K
FY2023$300K
FY2024$207K
FY2025$173K

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $767K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Julie Stone’s $60K as Head Coach is at the 69th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Julie Stone$59,861$58,000$60,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ripple INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Ripple INC is a recreation and sports nonprofit based in Hopkins, MN, formed in 1990.

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1 program · $767K · in their own filed words · FY2024
01

The hurricanes annually provides competitive swimming instructions and opportunities direclty to 572 swimmers, ages 5 -18, and to over 390 swimmers through hosted meet events.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1657782) · Dispute this line
$767Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$733K
Ln 12
Fees for servicesLn 2g$638K
Other incomeLn 4–11$95K
Gifts and grantsLn 1h$400
Money outPt IX
$767K
Ln 25
Programscol B$767K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$173K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$400
Fees for servicesLn 2g$638K
Investment incomeLn 3$18
Other incomeLn 4–11$95K
Total revenueLn 12$733K
Assets in detailPt X, end of year
CashLn 1$42K
SavingsLn 2$131K
Cash and savings togetherLn 1–2$173K
Total assetsLn 16$173K
LiabilitiesLn 26$0
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 524
VolunteersI 6400
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$214K$173K
Total assetsLn 16$214K$173K
LiabilitiesLn 26$7K$0
Net assetsLn 32$207K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$429K$429K
Payroll taxesLn 10$35K$35K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$44$44
Office expensesLn 13$4K$4K
OccupancyLn 16$53K$53K
TravelLn 17$23K$23K
Other expenses (24a–d)Ln 24$197K$197K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$767K$767K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 26, 2026 $733K$767K−$34K$173K 990 PDF
FY2024Filed with the IRS Jul 14, 2025 $679K$772K−$93K$207K 990 PDF
FY2023Filed with the IRS Aug 6, 2024 $642K$619K$23K$300K 990 PDF
FY2022Filed with the IRS Sep 13, 2023 $748K$627K$121K$276K 990 PDF
FY2021Filed with the IRS Aug 31, 2023 $486K$471K$15K$156K 990 PDF
FY2020Filed with the IRS Mar 1, 2021 $450K$428K$22K$121K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments G · Fundraising O · Explanations
See the full FY2025 990
Part I · Summary $733,014 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,600$400
I-9 Program service revenuePrior year $628,448$637,528
I-10 Investment incomePrior year $317$18
I-11 Other revenuePrior year $43,598$95,068
I-12 Total revenuePrior year $678,963$733,014
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $420,960$464,214
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $350,986$302,708
I-18 Total expensesPrior year $771,946$766,922
I-19 Revenue less expensesPrior year −$92,983−$33,908
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $733,014 across 6 lines filed
VIII-1f All other contributions, gifts and grants$400
VIII-1h Total contributions, gifts and grants$400
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $637,528$637,528
VIII-3 Investment incomeRelated to mission $18$18
VIII-8 Net income from fundraising eventsExcluded from tax $95,068$95,068
VIII-12 Total revenueRelated to mission $637,546 · Unrelated business $0 · Excluded from tax $95,068$733,014
Part IX · Statement of functional expenses $766,922 across 10 lines filed
IX-7 Other salaries and wagesPrograms $429,384$429,384
IX-10 Payroll taxesPrograms $34,830$34,830
IX-11c Accounting feesPrograms $9,655$9,655
IX-11g Other fees for servicesPrograms $6,279$6,279
IX-12 Advertising and promotionPrograms $44$44
IX-13 Office expensesPrograms $3,753$3,753
IX-16 OccupancyPrograms $52,934$52,934
IX-17 TravelPrograms $23,371$23,371
IX-24 Other expenses (24a–d)Programs $197,436$197,436
IX-24e All other expensesPrograms $9,236$9,236
IX-25 Total functional expensesPrograms $766,922 · Management $0 · Fundraising $0$766,922
Part X · Balance sheet $172,781 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $83,081$42,005
X-2 Savings and temporary cash investmentsStart of year $130,764$130,776
X-16 Total assetsStart of year $213,845$172,781
X-26 Total liabilitiesStart of year $7,156$0
X-27 Net assets without donor restrictionsStart of year $206,689$172,781
X-32 Total net assets or fund balancesStart of year $206,689$172,781
X-33 Total liabilities and net assetsStart of year $213,845$172,781
Part XI · Reconciliation of net assets $172,781 net assets at year end
XI-1 Total revenue$733,014
XI-2 Total expenses$766,922
XI-3 Revenue less expenses−$33,908
XI-4 Net assets at start of year$206,689
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$172,781

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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