THRESHER AQUATICS INC

EIN: 810960665 501(c)(3) Recreation & Sports

Lantana, FL

Total Revenue
$227,827
Total Expenses
$226,110
Total Assets
$32,166
Net Assets
$32,166
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
Sarah W Stanton
Phone
5613078583
Tax Period
2022-01-01 to 2022-12-31

THRESHER AQUATICS INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $228K in total revenue in fiscal year 2022. Revenue surged 1799% from the prior year, signaling strong growth momentum.

Mission

Thresher Aquatics is an organization that offers life-changing experiences for adaptive SCUBA divers and their families. We provide a modern and integrative approach combining travel, adaptive SCUBA diving, and other inclusive activities. The goal is to connect people with a shared passion for conserving, protecting, and exploring the world's oceans. Thresher Aquatics welcomes certified and non-certified individuals of all abilities to share in the joy of underwater exploration. Our mission is to serve individuals living with disabilities, fostering relationships through adaptive diving experiences. We prioritize building connections within our Thresher family, which is united by a shared passion for SCUBA diving. We believe in the power of small acts of kindness to create positive ripples across their undersea community. SCUBA diving and snorkeling are avenues to forge lasting connections and create cherished memories for everyone involved in the Thresher experiences.

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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 (2022)

Revenue Breakdown

Contributions & Grants $227,827
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $227,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,988
Fundraising Expenses $0
Program Expenses $110,722
Other Expenses $125,122
TOTAL EXPENSES $226,110

Year-over-Year Comparison

2022 2021 Change
Revenue $227,827 $12,000 +18.0%
Expenses $226,110 N/A N/A
Net Income $1,717 $12,000 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
5
Independent Members
4
Employees
4
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
3
$60,000
Total Directors
9
$86,000
Key Employees
5
$86,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Stanton President 37.00
Officer Director Key Emp
$24,000 $0 $24,000
Shellie McBride D 10.00
Director
$0 $0 $0
Greg Talerico D 20.00
Director
$0 $0 $0
Kristina Graham D 35.00
Officer Director Key Emp
$12,000 $0 $12,000
Lauren Harris D 10.00
Director
$0 $0 $0
Rose Steffen SEC 25.00
Director Key Emp
$18,000 $0 $18,000
Bradley Gagas VP 35.00
Officer Director Key Emp
$24,000 $0 $24,000
Aria Cross D 25.00
Director Key Emp
$8,000 $0 $8,000
Kenneth Menendez D 15.00
Director
$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
2022 $227,827 $226,110 $32,166 $1,717
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