M3 Aquatics NFP

EIN: 851906966 501(c)(3) Recreation & Sports

Chicago, IL

Total Revenue
$342,648
Total Expenses
$335,884
Total Assets
$19,554
Net Assets
$19,554
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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
2020
Legal Domicile
IL
Principal Officer
WILLIAM WILLS
Phone
4043579485
Tax Period
2024-09-01 to 2025-08-31

M3 Aquatics NFP, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $292K in total revenue in fiscal year 2021. Expenses of $279K left a modest 4% surplus.

Mission

Competitive swim team and swim school

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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 $1,319
Program Service Revenue $341,329
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,687
Fundraising Expenses $0
Program Expenses $251,904
Other Expenses $63,197
TOTAL EXPENSES $335,884

Year-over-Year Comparison

2024 2023 Change
Revenue $342,648 $359,411 0.0%
Expenses $335,884 $384,338 -0.1%
Net Income $6,764 $-24,927 -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
3
Employees
32
Volunteers
3

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
0
$0
Total Directors
3
$111,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kate Chronic President 30.00
Director
$63,000 $0 $63,000
Ben Pearthree Sec 20.00
Director
$24,000 $0 $24,000
Maurice Wills Treas 15.00
Director
$24,000 $0 $24,000
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
2025 $342,648 $335,884 $19,554 $6,764
2023 $361,398 $348,433 No data $12,965
2022 $292,142 $279,356 $18,239 $12,786
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