COAST AQUATICS INC

EIN: 270096004 501(c)(3) Recreation & Sports

DESTIN, FL

Total Revenue
$306,881
Total Expenses
$312,468
Total Assets
$68,377
Net Assets
$68,377
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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
2004
Legal Domicile
FL
Principal Officer
BRANDY BELUE
Phone
8502591165
Tax Period
2024-04-01 to 2025-03-31

COAST AQUATICS INC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $307K in total revenue in fiscal year 2024.

Mission

COAST AQUATICS, INC. IS A YEAR-ROUND COMPETITIVE SWIMMING TEAM LOCATED ON FLORIDA'S EMERALD COAST WITH TRAINING SITES IN DESTIN, FT. WALTON BEACH, EGLIN AFB, HURLBURT FIELD, CRESTVIEW AND NICEVILLE. COAST AQUATICS, INC. IS COMMITTED TO OFFERING AREA SWIMMERS THE OPPORTUNITY TO SUCCEED IN THE SPORT OF SWIMMING AT WHATEVER LEVEL THEIR TALENT, DESIRE, AND DEDICATION WILL ALLOW. COAST AQUATICS, INC. OFFERS A COMPREHENSIVE TRAINING ENVIRONMENT ALLOWING SWIMMERS TO DEVELOP THEIR PHYSICAL FITNESS, DISCIPLINE, AND DRIVE IN A FASHION THAT WILL GREATLY ENHANCE THEIR LIVES BOTH NOW AND IN THE FUTURE.

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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 $258,879
Program Service Revenue $48,916
Investment Income $1,192
Other Revenue $-2,106
TOTAL REVENUE $306,881

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $74,493
Fundraising Expenses $0
Program Expenses $308,203
Other Expenses $236,975
TOTAL EXPENSES $312,468

Year-over-Year Comparison

2024 2023 Change
Revenue $306,881 $290,276 +0.1%
Expenses $312,468 $290,347 +0.1%
Net Income $-5,587 $-71 +77.7%
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
6
Independent Members
6
Employees
1
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
6
$0
Total Directors
7
$68,175
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLE LANG PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIA MICHEL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TAVIA MAREZ SECRETARY 1.00
Officer Director
$0 $0 $0
BRANDY BELUE TREASURER 1.00
Officer Director
$0 $0 $0
ANTHONY BRECK MEMBER AT LARGE 1.00
Officer Director
$0 $0 $0
JEFF MCGUIRK MEMBER AT LARGE 1.00
Officer Director
$0 $0 $0
BRAD KALE COACH 40.00
Director
$68,175 $0 $68,175
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 $306,881 $312,468 $68,377 $-5,587
2024 $290,276 $290,347 $73,964 $-71
2023 $310,688 $317,398 $74,033 $-6,710
2022 $296,936 $285,700 $80,743 $11,236
2021 $243,626 $241,129 $69,506 $2,497
2020 $302,010 $274,525 $67,008 $27,485
2019 $295,235 $287,103 $47,797 $8,132
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