RAZORBACK AQUATIC CLUB INC

EIN: 710648441 501(c)(3)

SPRINGDALE, AR

Total Revenue
$654,740
Total Expenses
$677,156
Total Assets
$104,030
Net Assets
$75,557
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
AR
Principal Officer
TORI JOHNSON
Phone
4794444477
Tax Period
2024-07-01 to 2025-06-30

RAZORBACK AQUATIC CLUB INC, founded in 1987, is a small nonprofit that reported $386K in total revenue in fiscal year 2018. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $434K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE NAME OF THE ORGANIZATION SHALL BE THE RAZORBACK AQUATIC CLUB, INC. (REFERRED TO BELOW AS "RAC"). RAC IS A NOT-FOR-PROFIT CORPORATION, AND IS DEDICATED TO THE IMPROVEMENT, PROGRESS, AND PROMOTION OF THE SPORT OF SWIMMING. THE PURPOSE OF THIS NON-PROFIT CORPORATION IS AS FOLLOWS: 1.TO FURTHER THE INTEREST, AWARENESS, AND EDUCATION IN THE SPORT OF SWIMMING. 2.TO PROMOTE THE DEVELOPMENT OF SWIM SKILLS, GOOD SPORTSMANSHIP, INDIVIDUAL INTEGRITY, LEADERSHIP, AND A POSITIVE TEAM ATMOSPHERE FOR ALL CLUB SWIMMERS. 3.TO PROMOTE COMPETITIVE SWIMMING ON THE LOCAL, REGIONAL, AND NATIONAL LEVELS. 4.TO PROMOTE AQUATIC ACTIVITIES AND SAFETY AS PART OF A HEALTHY LIFESTYLE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $652,530
Investment Income $2,210
Other Revenue $0
TOTAL REVENUE $654,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,019
Fundraising Expenses $0
Program Expenses $657,838
Other Expenses $405,137
TOTAL EXPENSES $677,156

Year-over-Year Comparison

2024 2023 Change
Revenue $654,740 $669,321 0.0%
Expenses $677,156 $655,754 +0.0%
Net Income $-22,416 $13,567 -2.7%
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

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Governance

Voting Members
5
Independent Members
4
Employees
48
Volunteers
N/A

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TORI JOHNSON PRESIDENT N/A
Officer
$0 $0 $0
JOHN MOSELEY DIR. OF OPER N/A
Officer
$0 $0 $0
AARON SCHAUB TREASURER N/A
Officer
$0 $0 $0
JESSICA SLATER SECRETARY N/A
Officer
$0 $0 $0
ALEX VASQUEZ VICE PRESIDE 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
2025 $654,740 $677,156 $104,030 $-22,416
2024 $669,321 $655,754 $97,973 $13,567
2023 $630,825 $712,929 $84,406 $-82,104
2022 $656,178 $668,834 $166,510 $-12,656
2020 $340,760 $310,662 $162,307 $30,098
2019 $386,110 $433,645 $132,209 $-47,535
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