SIERRA NEVADA COMMUNITY AQUATICS INC

EIN: 262259705 501(c)(3) Recreation & Sports

RENO, NV

Total Revenue
$130,299
Total Expenses
$145,712
Total Assets
$21,628
Net Assets
$21,628
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NV
Principal Officer
JOHN PETTIBONE
Phone
7758257337
Tax Period
2024-01-01 to 2024-12-31

SIERRA NEVADA COMMUNITY AQUATICS INC, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $130K in total revenue in fiscal year 2024. Revenue surged 20227% from the prior year, signaling strong growth momentum. Expenses of $146K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE, FACILITATE AND COORDINATE THE SUSATAINABILITY AND EXPANSION OF AQUATIC RESOURCES WITHIN THE TRUCKEE MEADOWS.

Program Service Accomplishments

Program 1
Expenses: $127,470 Revenue: $125,609

THE ORGANIZATION CONDUCTED RESEARCH AND GATHERED COMMENTS FROM STAKEHOLDERS INTERESTED IN BUILDING A NEW AQUATIC FACILITY ON THE CURRENT SITE OF A SWIMMING POOL NO LONGER OPERATED BY THE CITY OF...

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THE ORGANIZATION CONDUCTED RESEARCH AND GATHERED COMMENTS FROM STAKEHOLDERS INTERESTED IN BUILDING A NEW AQUATIC FACILITY ON THE CURRENT SITE OF A SWIMMING POOL NO LONGER OPERATED BY THE CITY OF RENO.RESEARCH -BOARD MEMBERS ATTENDED MEETINGS WITH CITY OF RENO PARKS AND RECREATION AND CITY COUNCIL MEMBERS AS THE PROJECT WAS UNDER CONSTRUCTION AND INITIATING OPERATIONS. ADDITIONAL INPUT WAS GATHERED FROM STAKEHOLDERS AND SPECIALISTS WHO COULD PROVIDE INPUT FOR IMPROVEMENTS AND ADDITIONS TO BE MADE AS THE PROJECT WAS BEING COMPLETED AND IN ITS EARLY OPERATIONS. INPUT GATHERED WAS UTILIZED TO MAKE SUGGESTIONS AND FACILITATE IMPLEMENTATION OF IMPROVEMENTS TO THE PROJECT.THE ORGANIZATION CONDUCTED MEETINGS WITH CITY COUNCIL MEMBERS FROM THE CITY OF RENO, CITY OF RENO PARKS & RECREATION DEPARTMENT, SPARKS CITY COUNCIL, WASHOE COUNTY COMMISSIONERS AND NUMEROUS LOCAL AQUATIC USERS SUCH AS TWO COMPETITIVE SWIMMING TEAMS, WATER POLO TEAMS, AND AQUA-THERAPY PROFESSIONALS WITH TH E GOAL OF GATHERING PERTINENT DETAIL TO DEVELOP PRELIMINARY PLANS FOR A NEW AQUATIC FACILITY.BOARD MEMBERS DELIVERED ORAL PRESENTATIONS AND INFORMATION TO LOCAL SERVICE CLUBS WITH THE GOAL OF INFORMING THE COMMUNITY OF THE SHORTAGE OF AQUATIC FACILITIES IN THE AREA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $125,609
Program Service Revenue $0
Investment Income $0
Other Revenue $4,690
TOTAL REVENUE $130,299

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $15,814
Program Expenses $127,470
Other Expenses $145,712
TOTAL EXPENSES $145,712

Year-over-Year Comparison

2024 2023 Change
Revenue $130,299 $641 +202.3%
Expenses $145,712 $3,725 +38.1%
Net Income $-15,413 $-3,084 +4.0%
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

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Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY CHIP HOBSON PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL GINSBURG DIRECTOR 5.00
Director
$0 $0 $0
DEBORAH GALLAGHER SECRETARY 5.00
Officer Director
$0 $0 $0
RICHARD WAIT DIRECTOR 1.00
Director
$0 $0 $0
JOHN PETTIBONE TREASURER 1.00
Officer Director
$0 $0 $0
MARCI EEKHOFF DIRECTOR 1.00
Director
$0 $0 $0
SUSAN SCHRADER DIRECTOR 1.00
Director
$0 $0 $0
MARY TILZEY DIRECTOR 1.00
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
2024 $130,299 $145,712 $21,628 $-15,413
2023 $641 $3,725 $37,041 $-3,084
2022 $505 $3,439 $40,125 $-2,934
2021 $1,063 $2,881 $43,041 $-1,818
2020 $961 $2,881 $44,859 $-1,920
2019 $1,013 $19,046 $46,779 $-18,033
2018 $383 $23,619 $71,812 $-23,236
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