HYDRA AQUATICS INC (EIN 852488294) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

JEFF RIEGLER

Phone

6148558328

Tax Period

2024-01-01 to 2024-12-31

HYDRA AQUATICS INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $760K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

A NOT-FOR-PROFIT, AQUATICS PROVIDER IN CENTRAL OHIO EMPOWERING INDIVIDUALS TO BE CHAMPIONS IN AND OUT OF THE WATER. WE FOCUS ON DEVELOPING TECHNIQUE AND LOOK TO INSTILL A HARD-WORKING MENTALITY WITHIN EACH SWIMMER TO HELP ACHIEVE THEIR GOALS IN AND OUT OF THE POOL.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,217

Program Service Revenue $746,237

Investment Income $4

Other Revenue $0

TOTAL REVENUE $760,458

Expense Breakdown

Grants Paid $22,741

Salaries & Benefits $361,917

Fundraising Expenses $0

Program Expenses $702,534

Other Expenses $374,701

TOTAL EXPENSES $759,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$760,458	$579,052	+0.3%
Expenses	$759,359	$580,965	+0.3%
Net Income	$1,099	$-1,913	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

160

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

$47,991

Total Directors

$47,991

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE SLISHER	CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT BASINGER	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE STRAW	SECRETARY	1.00	Officer Director	$0	$0	$0
KRISTEN ZELTMAN	AT LARGE BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS BIRNBRICH	AT LARGE BOARD MEMBER	1.00	Director	$0	$0	$0
MATT BRAUN	AT LARGE BOARD MEMBER	2.00	Director	$0	$0	$0
JEFF RIEGLER	EXECUTIVE DIRECTOR	2.00	Officer Director	$47,991	$0	$47,991
AZURE MILLER	AT LARGE BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH TOLIA	AT LARGE BOARD MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$760,458	$759,359	$434,116	$1,099
2023	$579,052	$580,965	$447,292	$-1,913
2022	$490,414	$477,813	$481,408	$12,601
2021	$458,816	$350,153	$448,431	$108,663
2020	$194,462	$18,157	$370,606	$176,305

HYDRA AQUATICS INC