Seaside Aquatics Club

EIN: 770474015 501(c)(3)

Seaside, CA

Total Revenue
$324,771
Total Expenses
$317,851
Total Assets
$41,092
Net Assets
$15,214
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
Ken Fittro
Tax Period
2023-01-01 to 2023-12-31

Seaside Aquatics Club, founded in 2002, is a small nonprofit that reported $325K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

Recreational and competitive swimming

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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 (2023)

Revenue Breakdown

Contributions & Grants $147,793
Program Service Revenue $97,626
Investment Income $3,532
Other Revenue $75,820
TOTAL REVENUE $324,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $241,509
Fundraising Expenses $0
Program Expenses $274,539
Other Expenses $76,342
TOTAL EXPENSES $317,851

Year-over-Year Comparison

2023 2022 Change
Revenue $324,771 $249,994 +0.3%
Expenses $317,851 $271,365 +0.2%
Net Income $6,920 $-21,371 -1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
60
Volunteers
12

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
$48,345
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Fittro President 4.50
Officer
$31,000 $0 $31,000
Tina Cieri Treasurer 2.00
Officer
$17,345 $0 $17,345
Jennifer Anderson Secretary 4.50
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 No data No data No data No data
2023 $324,771 $317,851 $41,092 $6,920
2022 $249,994 $271,365 $24,337 $-21,371
2021 $222,281 $242,667 $22,864 $-20,386
2019 $278,684 $281,877 $8,516 $-3,193
2018 $252,688 $246,875 $14,066 $5,813
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