VELOCITY AQUATICS

🔒

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

2015

Legal Domicile

Principal Officer

KRISTINA GROSSINGER

Phone

6123857440

Tax Period

2024-09-01 to 2025-08-31

VELOCITY AQUATICS, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $222K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $264K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE GOAL OF OUR TEAM IS TO PROIVDE EVERY MEMBER AN OPPORTUNITY TO IMPROVE THEIR SWIMMING SKILLS AND ACHIEVE SUCCESS AT HIS OR HER LEVEL OF ABILITY, FROM NOVICE TO INTERNATIONAL COMPETITOR. OUR MISSION IS TO BUILD HUMBLE EXCELLENCE IN OUR YOUTH, TEAM, AND COMMUNITY THROUGH A SAFE, HEALTHY, AND SUPPORTIVE SWIM ENVIRONMENT. OUR CORE VALUES ARE DEDICATION, PERSEVERANCE, RESPECT, INTEGRITY, AND TEAMWORK IN A FUN ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $249,102 Revenue: $191,953

SWIMMING PROGRAM: PROVIDED SWIMMING INSTRUCTION FOR 134 YOUTH SWIMMERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $6,462

Program Service Revenue $191,953

Investment Income $2,178

Other Revenue $21,896

TOTAL REVENUE $222,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,920

Fundraising Expenses $0

Program Expenses $249,102

Other Expenses $75,738

TOTAL EXPENSES $263,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,489	$267,282	-0.2%
Expenses	$263,658	$265,353	0.0%
Net Income	$-41,169	$1,929	-22.3%

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

Volunteers

357

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
ANDY COTANT	TREASURER	3	Officer	$0	$0	$0
KRISTINA GROSSINGER	PRESIDENT	3	Officer	$0	$0	$0
STEPHANIE ELG	DIRECTOR	2	Officer	$0	$0	$0
DANIELLE ORTH	SECRETARY	3	Officer	$0	$0	$0
JODI ROBINSON	VICE PRESIDENT	3	Officer	$0	$0	$0
LINDSAY BARETTE	DIRECTOR	2	Officer	$0	$0	$0
EMILY KRETSCHMAR	DIRECTOR	2	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
2025	$222,489	$263,658	$35,798	$-41,169
2024	$267,282	$265,353	$101,084	$1,929
2023	$251,187	$265,812	$103,033	$-14,625
2022	$232,597	$238,570	$89,036	$-5,973
2021	$220,873	$194,677	$78,859	$26,196