WEST FLORIDA LIGHTNING AQUATICS INC

EIN: 596582968 501(c)(3) Recreation & Sports

INDIAN ROCKS BEACH, FL

Total Revenue
$244,865
Total Expenses
$259,510
Total Assets
$24,450
Net Assets
$24,450
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
FL
Principal Officer
ROB HEALY
Phone
7275739300
Tax Period
2023-10-01 to 2024-09-30

WEST FLORIDA LIGHTNING AQUATICS INC, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $245K in total revenue in fiscal year 2023.

Mission

ENHANCE SWIMMING SKILLS AND ENHANCE SPORTSMANSHIP THROUGH COMPETITION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $180,621
Program Service Revenue $42,281
Investment Income $0
Other Revenue $21,963
TOTAL REVENUE $244,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,521
Fundraising Expenses $0
Program Expenses $259,510
Other Expenses $131,989
TOTAL EXPENSES $259,510

Year-over-Year Comparison

2023 2022 Change
Revenue $244,865 $239,093 +0.0%
Expenses $259,510 $237,301 +0.1%
Net Income $-14,645 $1,792 -9.2%
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

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
9
Volunteers
50

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB HEALY PRESIDENT N/A
Officer
$0 $0 $0
KAREN SMALLEY MEET MANAGER N/A
Officer
$0 $0 $0
MICHAEL TOLLON MASTERS REP/ N/A
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
2024 $244,865 $259,510 $24,450 $-14,645
2023 $239,093 $237,301 $39,095 $1,792
2022 $256,818 $248,960 $37,303 $7,858
2021 $247,290 $245,828 $29,445 $1,462
2020 $215,849 $207,408 $45,983 $8,441
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WEST FLORIDA LIGHTNING AQUATICS INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.