Aquatic Club of Elkhorn Inc dba Ace Otters (EIN 203558633) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Kara Walling

Phone

4025945154

Tax Period

2024-09-01 to 2025-08-31

Aquatic Club of Elkhorn Inc dba Ace Otters, founded in 2007, is a small nonprofit that reported $376K in total revenue in fiscal year 2024. Expenses of $422K exceeded revenue, resulting in a 12% operating deficit.

Mission

Conduct and coordinate training and competition for a group swim team of individuals ages 5-25.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $270,989

Program Service Revenue $99,925

Investment Income $5,200

Other Revenue $0

TOTAL REVENUE $376,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,766

Fundraising Expenses $0

Program Expenses $386,946

Other Expenses $243,810

TOTAL EXPENSES $421,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$376,114	$387,713	0.0%
Expenses	$421,576	$412,876	+0.0%
Net Income	$-45,462	$-25,163	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

220

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicole Skudlarek	Director	5.00	Director	$0	$0	$0
Bob Bossert	President	5.00	Officer Director	$0	$0	$0
Jeff Gill	Director	5.00	Director	$0	$0	$0
Laura Thoreen	Secretary	5.00	Officer Director	$0	$0	$0
Ben Kramer	Director	5.00	Director	$0	$0	$0
Megan Thom	Vice President	5.00	Officer Director	$0	$0	$0
Amy Tyler Krings	Director	5.00	Director	$0	$0	$0
Kara Walling	Treasurer	5.00	Officer Director	$0	$0	$0
Clark Youngman	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$376,114	$421,576	$218,562	$-45,462
2024	$387,713	$412,876	$264,564	$-25,163
2023	$362,726	$388,008	$289,685	$-25,282
2022	$386,954	$355,507	$315,219	$31,447
2021	$277,818	$268,331	$313,263	$9,487
2020	$279,402	$293,750	$304,953	$-14,348
2019	$357,019	$344,234	$289,238	$12,785
2018	$376,497	$372,847	$275,297	$3,650

Aquatic Club of Elkhorn Inc dba Ace Otters