GASTON AQUATICS INC (EIN 814736825) - 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

2016

Principal Officer

DONNA TAYLOR

Phone

7042153750

Tax Period

2024-01-01 to 2024-12-31

GASTON AQUATICS INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $370K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $286K, a strong 77% operating margin.

Mission

THE MISSION OF GASTON AQUATICS, INC. IS TO IMPROVE THE HEALTH OF OUR COMMUNITY BY PROVIDING LIFESAVING SWIM INSTRUCTION FOR ALL CHILDREN AND ADULTS, OFFERING DESIGNATED POOL SPACE FOR MEDICALLY-FOCUSED, AQUATIC-BASED REHABILITATION, AND SPONSORING COMPETITIVE SWIM TEAMS THAT REPRESENT GASTON COUNTY BOTH REGIONALLY AND NATIONALLY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $212,645

Program Service Revenue $4,372

Investment Income $153,381

Other Revenue $0

TOTAL REVENUE $370,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,038

Fundraising Expenses $0

Program Expenses $41,022

Other Expenses $65,810

TOTAL EXPENSES $84,848

Year-over-Year Comparison

	2024	2023	Change
Revenue	$370,398	$1,788,325	-0.8%
Expenses	$84,848	$47,222	+0.8%
Net Income	$285,550	$1,741,103	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TARSHA BEAM	MEMBER AT LA	1.00	Director	$0	$0	$0
TOM BLAKE	MEMBER AT LA	1.00	Director	$0	$0	$0
KRISTIN MAJOR	MEMBER AT LA	1.00	Director	$0	$0	$0
CHARLES NIEMEYER	MEMBER AT LA	1.00	Director	$0	$0	$0
JESSE L TAYLOR III	VICE-PRESIDE	5.00	Officer	$0	$0	$0
JIM RIGGS	SECRETARY	1.00	Officer	$0	$0	$0
SCOTT ROBINSON	TREASURER	2.00	Officer	$0	$0	$0
DONNA TAYLOR	PRESIDENT	10.00	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	$370,398	$84,848	$5,192,564	$285,550
2023	$1,788,325	$47,222	$4,907,014	$1,741,103
2022	$3,137,750	$55,233	$3,165,909	$3,082,517

GASTON AQUATICS INC