Utah Valley Aquatics Inc

EIN: 721589006 501(c)(3) Recreation & Sports

Provo, UT

Total Revenue
$514,929
Total Expenses
$493,864
Total Assets
$384,894
Net Assets
$384,894
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
UT
Principal Officer
Trent Weight
Phone
8014737889
Tax Period
2024-01-01 to 2024-12-31

Utah Valley Aquatics Inc, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $515K in total revenue in fiscal year 2024. Expenses of $494K left a modest 4% surplus.

Mission

Utah Valley Aquatics fosters the development of each swimmer's ability, desire, and discipline to achieve his/her potential in and out of the pool. This is accomplished by 1) providing consistent and engaging workouts as well as competitive opportunities, 2) building positive relationships, 3) hiring and retaining coaches who give swimmers every opportunity to achieve excellence, and 4) setting and achieving goals.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,540
Program Service Revenue $485,991
Investment Income $5,892
Other Revenue $20,506
TOTAL REVENUE $514,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,180
Fundraising Expenses $0
Program Expenses $481,890
Other Expenses $260,684
TOTAL EXPENSES $493,864

Year-over-Year Comparison

2024 2023 Change
Revenue $514,929 $500,213 +0.0%
Expenses $493,864 $515,686 0.0%
Net Income $21,065 $-15,473 -2.4%
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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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
21
Volunteers
250

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
$17,112
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberlee Kunz President 2.00
Officer Director
$0 $0 $0
Spencer Orman Vice President 1.00
Officer Director
$0 $0 $0
Brenda McFarland Secretary 1.00
Officer Director
$0 $0 $0
Pierre Guzman Board Member 1.00
Director
$0 $0 $0
Heather Riding Board Member 1.00
Director
$0 $0 $0
Liz Rowe Board Member 1.00
Director
$0 $0 $0
Melanie Harper Board Member 1.00
Director
$0 $0 $0
Kera Kilpatrick Board Member 1.00
Director
$0 $0 $0
Trent Weight Treasurer 2.00
Officer
$0 $0 $0
Grant Skabelund Treasurer 2.00
Officer
$17,112 $0 $17,112
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 $514,929 $493,864 $384,894 $21,065
2023 $500,213 $515,686 $363,829 $-15,473
2022 $456,434 $429,094 $379,302 $27,340
2021 $400,578 $384,470 $351,962 $16,108
2020 $324,807 $276,001 $289,721 $48,806
2019 $323,115 $315,745 $240,915 $7,370
2018 $305,599 $305,152 $233,545 $447
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