EXCEL AQUATICS INC

🔒

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

1983

Legal Domicile

Principal Officer

STEVEN MURRY

Phone

6154191055

Tax Period

2024-09-01 to 2025-08-31

EXCEL AQUATICS INC, founded in 1983, is a community nonprofit in the Recreation & Sports sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $1.9M left a modest 10% surplus.

Mission

EXCEL AQUATICS IS DEDICATED TO SWIMMING TECHNIQUE, TRAINING, AND PERFORMANCE IN A POSITIVE ENVIRONMENT FOR SWIMMERS OF ALL ABILITY LEVELS. WE ARE COMMITTED TO A "TEAM" ENVIRONMENT WHERE EVERY SWIMMER FEELS IMPORTANT AND IS ENCOURAGED TO TAKE THE DISCIPLINES LEARNED AT THE POOL INTO THEIR EVERY DAY LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,673,243 Revenue: $2,025,972

EXCEL AQUATICS OFFERS SWIM TRAINING AND COMPETITIONS. PARTICIPATION IS GROUPED BY VARIOUS AGES AND ADULT SWIMMERS THAT TRAIN AND PARTICIPATE IN SANCTIONED MEETS ACROSS THE COUNTRY. THE AGE GROUP...

EXCEL AQUATICS OFFERS SWIM TRAINING AND COMPETITIONS. PARTICIPATION IS GROUPED BY VARIOUS AGES AND ADULT SWIMMERS THAT TRAIN AND PARTICIPATE IN SANCTIONED MEETS ACROSS THE COUNTRY. THE AGE GROUP PROGRAM HAD APPROXIMATELY 702 STUDENTS DURING THE YEAR. ADDITIONALLY, THEY OFFER SWIM LESSONS FOR CHILDREN, HOME SCHOOL PROGRAMS, AND ADULT PROGRAMS. APPROXIMATELY 500 CHILDREN PARTICIPATED IN SWIM LESSON PROGRAMS AND 60 FOR THE HOME SCHOOL PROGRAM. THE ADULT PROGRAMS WERE CONSISTENT WITH THE PRIOR YEAR.

🔒

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 $31,073

Program Service Revenue $2,038,614

Investment Income $28,378

Other Revenue $-11,892

TOTAL REVENUE $2,086,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,129,976

Fundraising Expenses $5,650

Program Expenses $1,673,243

Other Expenses $746,225

TOTAL EXPENSES $1,876,201

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,086,173	$1,932,770	+0.1%
Expenses	$1,876,201	$1,729,277	+0.1%
Net Income	$209,972	$203,493	+0.0%

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

113

Volunteers

500

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

$195,361

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA CARRICO	PRESIDENT	4.00	Officer Director	$0	$0	$0
DAVIS MELLO	TREASURER	4.00	Officer Director	$0	$0	$0
BETHANEY CARNES	SECRETARY	4.00	Officer Director	$0	$0	$0
SHANNON OLIVER	TEAM ADMIN	40.00	Officer	$54,337	$0	$54,337
STEVEN MURRY	HEAD COACH	45.00	Officer	$127,236	$1,500	$128,736
ALICIA ENROTH	FINANCIAL ADMINISTRATOR	5.00	Officer	$12,288	$0	$12,288

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	$2,086,173	$1,876,201	$1,524,605	$209,972
2024	$1,932,770	$1,729,277	$1,314,633	$203,493
2023	$1,878,346	$1,618,600	$1,111,140	$259,746
2022	$1,571,381	$1,420,206	$851,394	$151,175
2021	$1,278,708	$1,068,249	$700,219	$210,459
2020	$1,132,037	$1,084,973	$489,760	$47,064
2019	$1,549,851	$1,525,622	$442,696	$24,229
2018	$1,448,757	$1,408,175	$418,467	$40,582