OCALA AQUATICS INC (EIN 311742325) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

BRANDIE BENNETT PRESIDENT

Phone

3528735811

Tax Period

2020-01-01 to 2020-10-31

OCALA AQUATICS INC, founded in 1999, is a micro nonprofit that reported $96K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $152K exceeded revenue, resulting in a 58% operating deficit.

Mission

TEACH SWIMMING LESIONS AND COACHING A SWIM TEAM

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $95,787

Program Service Revenue $0

Investment Income $30

Other Revenue $0

TOTAL REVENUE $95,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,828

Fundraising Expenses $0

Program Expenses $95,796

Other Expenses $144,687

TOTAL EXPENSES $151,515

Year-over-Year Comparison

	2020	2019	Change
Revenue	$95,817	$210,192	-0.5%
Expenses	$151,515	$219,670	-0.3%
Net Income	$-55,698	$-9,478	+4.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$55,874

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM VARGO	AQUATIC DIRECTOR	40.00	Director	$55,874	$0	$55,874
DANE GRIFFIN	DIRECTOR	0.00	Officer	$0	$0	$0
TARA BAUER	DIRECTOR	0.00	Officer	$0	$0	$0
JOHN DRISCOLL	TREASURER	0.00	Officer	$0	$0	$0
BRANDIE P BENNETT	PRESIDENT	0.00	Officer	$0	$0	$0
DAVE PARKER	VICE PRESIDENT	0.00	Officer	$0	$0	$0
CLAY ELLIS	DIRECTOR	0.00	Officer	$0	$0	$0
REBECCA ROGERS	DIRECTOR	0.00	Officer	$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
2020	$95,817	$151,515	No data	$-55,698
2019	$210,192	$219,670	$48,151	$-9,478
2018	$209,435	$201,514	$64,340	$7,921

OCALA AQUATICS INC