Flashes Aquatics Inc (EIN 562452897) - 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

2003

Legal Domicile

Principal Officer

Travis Cox

Phone

3178502032

Tax Period

2024-08-01 to 2025-07-31

Flashes Aquatics Inc, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $449K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $395K left a modest 12% surplus.

Mission

Flashes Aquatics is committed to developing athletes who achieve their highest potential technically, physically, and mentally while emphasizing strength in character, sportsmanship, and a life-long love of swimming.

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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 (2024)

Revenue Breakdown

Contributions & Grants $204,259

Program Service Revenue $229,140

Investment Income $3

Other Revenue $15,469

TOTAL REVENUE $448,871

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $275,433

Fundraising Expenses $0

Program Expenses $385,664

Other Expenses $27,800

TOTAL EXPENSES $395,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$448,871	$322,024	+0.4%
Expenses	$395,037	$356,779	+0.1%
Net Income	$53,834	$-34,755	-2.5%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Travis Cox	President	7.00	Officer	$0	$0	$0
Matt Jeffries	Vice President	4.00	Officer	$0	$0	$0
Phil Beckman	Treasurer	5.00	Officer	$0	$0	$0
Andrew Wells	Secretary	4.00	Officer	$0	$0	$0
Christopher Desjean	Resource & Development	4.00	Director	$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	$448,871	$395,037	$218,794	$53,834
2024	$322,024	$356,779	$164,960	$-34,755
2023	$244,666	$291,995	$199,715	$-47,329
2022	$269,717	$280,661	$176,748	$-10,944
2021	$234,292	$228,166	$187,692	$6,126
2020	$210,942	$153,756	$174,577	$57,186

Flashes Aquatics Inc