NASHVILLE AQUATIC CLUB INC

EIN: 620678884 501(c)(3) Recreation & Sports

NASHVILLE, TN

Total Revenue
$1,451,148
Total Expenses
$1,473,652
Total Assets
$825,894
Net Assets
$589,682
🔒

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
TN
Principal Officer
WILLIAM J MORSE
Phone
6153213510
Tax Period
2023-01-01 to 2023-12-31

NASHVILLE AQUATIC CLUB INC, founded in 1980, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ENCOURAGING AND ASSISTING SWIMMERS IN THE PROPER TRAINING AND INSTRUCTION IN AQUATIC SPORTS FOR PARTICIPATION IN AMATEUR SPORTS 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 $19,138
Program Service Revenue $1,424,663
Investment Income $7,347
Other Revenue $0
TOTAL REVENUE $1,451,148

Expense Breakdown

Grants Paid $0
Salaries & Benefits $968,961
Fundraising Expenses $2,405
Program Expenses $1,314,251
Other Expenses $504,691
TOTAL EXPENSES $1,473,652

Year-over-Year Comparison

2023 2022 Change
Revenue $1,451,148 $1,455,228 0.0%
Expenses $1,473,652 $1,394,460 +0.1%
Net Income $-22,504 $60,768 -1.4%
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
6
Independent Members
6
Employees
54
Volunteers
300

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
$278,914
Total Directors
6
$232,117
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM J MORSE VP/HEAD COACH 60.00
Officer Director
$227,117 $5,000 $232,117
LAURA TURNER PRESIDENT 10.00
Officer Director
$0 $0 $0
ALLEN ARENDER DIRECTOR 10.00
Director
$0 $0 $0
JAY FRIEN DIRECTOR 10.00
Director
$0 $0 $0
LARRY HAYES DIRECTOR 10.00
Director
$0 $0 $0
KEVIN HOLST DIRECTOR 10.00
Director
$0 $0 $0
ASHLEY BLACKBURN ADMIN. DIRECTOR 40.00
Officer
$45,600 $1,197 $46,797
FRANKLIN D WHARAM JR ASSISTANT HEAD COACH 40.00
Highest
$126,804 $3,804 $130,608
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 No data No data No data No data
2023 $1,451,148 $1,473,652 $825,894 $-22,504
2022 $1,455,228 $1,394,460 $1,024,984 $60,768
2021 $1,533,257 $1,318,829 $937,144 $214,428
2021 $1,397,067 $1,320,091 $937,144 $76,976
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NASHVILLE AQUATIC CLUB INC with other nonprofits in Tennessee and across the country.