BAY AREA AQUANAUTS INC (EIN 760651689) - Form 990 Financial Analysis & Trantor Score

🔒

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

2000

Legal Domicile

Principal Officer

Josh Johnston

Phone

8013809508

Tax Period

2023-09-01 to 2024-08-31

BAY AREA AQUANAUTS INC, founded in 2000, is a small nonprofit that reported $253K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

Our team focus is to develop swim athletes by stressing quality instructions before quantity. Team practices / workouts will be managed efficiently and structured according to age and ability of the swimmer, ensuring that athletes of all swim levels have a positive swim experience.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $270,568

Investment Income $-17,377

Other Revenue $0

TOTAL REVENUE $253,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,836

Fundraising Expenses $0

Program Expenses $276,857

Other Expenses $147,021

TOTAL EXPENSES $276,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$253,491	$340,744	-0.3%
Expenses	$276,857	$327,190	-0.2%
Net Income	$-23,366	$13,554	-2.7%

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

Volunteers

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

$14,400

Total Directors

Key Employees

$20,653

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Tomerlin	Head Coach	20	Key Emp	$20,653	$0	$20,653
Josh Johnston	Chief Financial Officer	20	Officer	$14,400	$0	$14,400
Ken Baliker	Chief Officer	1	Officer	$0	$0	$0
Marcy Barr	Chief Officer	1	Officer	$0	$0	$0
Amy Schauss	Operations President	1	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	$253,491	$276,857	$299,399	$-23,366
2023	$340,744	$327,190	$319,020	$13,554
2022	$447,344	$397,162	$313,048	$50,182
2021	$381,088	$359,357	$249,003	$21,731

BAY AREA AQUANAUTS INC