Westlake Aquatic Center Inc (EIN 471996159) - 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

2017

Legal Domicile

Principal Officer

Shelley Heavilin

Phone

5733747370

Tax Period

2025-01-01 to 2025-12-31

Westlake Aquatic Center Inc, founded in 2017, is a small nonprofit in the Environment sector that reported $198K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $189K left a modest 5% surplus.

Mission

Provide indoor swimming pool for year round exercise classes to local community.

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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 (2025)

Revenue Breakdown

Contributions & Grants $103,949

Program Service Revenue $94,429

Investment Income $0

Other Revenue $0

TOTAL REVENUE $198,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,558

Fundraising Expenses $0

Program Expenses $189,348

Other Expenses $102,790

TOTAL EXPENSES $189,348

Year-over-Year Comparison

	2025	2024	Change
Revenue	$198,378	$161,905	+0.2%
Expenses	$189,348	$198,297	0.0%
Net Income	$9,030	$-36,392	-1.2%

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

N/A

Employees

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

Key Employees

$24,520

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shelley Heavilin	Vice President	5.00	Officer	$0	$0	$0
Laurie Peterson	Treasurer	5.00	Officer	$0	$0	$0
Betty Hovey	Secretary	5.00	Officer	$0	$0	$0
Mary Hayslett	Grants	5.00	Director	$0	$0	$0
Patti Ackerson	Advertising & Marketing	5.00	Director	$0	$0	$0
Tom Thomas	Advertising & Marketing	5.00	Director	$0	$0	$0
Bob Karls	Board Member	5.00	Director	$0	$0	$0
Kathy Hofer	Board Member	5.00	Director	$0	$0	$0
Lorrie Askeland	Board Member	5.00	Director	$0	$0	$0
Peter Schloegel	Board Member	5.00	Director	$0	$0	$0
Jessica Matusic	Staff	40.00	Key Emp	$24,520	$0	$24,520

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	$198,378	$189,348	$406,157	$9,030
2024	$161,905	$198,297	$396,990	$-36,392
2023	$184,351	$180,657	$430,702	$3,694
2022	$175,066	$200,345	$423,237	$-25,279
2021	$162,568	$157,839	$448,863	$4,729
2020	$122,436	$140,159	$443,424	$-17,723
2019	$229,061	$242,815	$398,986	$-13,754

Westlake Aquatic Center Inc