Blue Dolphin Inc DBA Coast Guard B… - Form 990 Financial Data

🔒

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

1965

Legal Domicile

Phone

7578688352

Tax Period

2024-08-01 to 2025-07-31

Blue Dolphin Inc DBA Coast Guard Blue Dolphins Swim Team, founded in 1965, is a small nonprofit in the Recreation & Sports sector that reported $754K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $891K exceeded revenue, resulting in a 18% operating deficit.

Mission

The primary purpose is to provide a program that will build confidence, character, sportsmanship, team spirit, physical fitness and skills for local, state, national and international levels of competitive swimming in accordance with the rules of the USA Swimming, Inc.

Program Service Accomplishments

Program 1

Expenses: $809,887

Competitive swim team in local communities providing multiple training groups at varied ability levels for approximately 250 children.

🔒

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 $55,673

Program Service Revenue $618,667

Investment Income $1

Other Revenue $80,101

TOTAL REVENUE $754,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,122

Fundraising Expenses $0

Program Expenses $809,887

Other Expenses $361,702

TOTAL EXPENSES $890,824

Year-over-Year Comparison

	2024	2023	Change
Revenue	$754,442	$902,231	-0.2%
Expenses	$890,824	$919,513	0.0%
Net Income	$-136,382	$-17,282	+6.9%

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

Volunteers

350

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
Joel Andrus	Director	3.00	Director	$0	$0	$0
Jihan Minson	Director	3.00	Director	$0	$0	$0
Shelly South	President	3.00	Officer	$0	$0	$0
Jay Patel	Vice President	3.00	Officer	$0	$0	$0
Matt Shipe	Treasurer	3.00	Officer	$0	$0	$0
Lee Gonzalez	Secretary	3.00	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
2025	$754,442	$890,824	$36	$-136,382
2024	$902,231	$919,513	$36	$-17,282
2023	$1,085,434	$1,238,279	$906	$-152,845
2022	$1,421,830	$1,344,506	$59,986	$77,324
2021	$1,021,492	$1,081,935	$7,838	$-60,443
2020	$761,380	$717,431	$18,839	$43,949
2019	$681,209	$668,154	$24,258	$13,055
2018	$574,572	$648,826	$2,404	$-74,254

Blue Dolphin Inc DBA Coast Guard Blue Dolphins Swim Team