NORTHERN AREA AQUATICS COMMITTEE I… - Form 990 Financial Data

🔒

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

Legal Domicile

Principal Officer

DIANE DIAL-BESHEARS

Phone

9073880295

Tax Period

2024-01-01 to 2024-12-31

NORTHERN AREA AQUATICS COMMITTEE INC, founded in 2016, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $91K exceeded revenue, resulting in a 94% operating deficit.

Mission

PROMOTE COMPETITIVE SWIMMING FOR YOUTHS AND ADULTS BY HOLDING SWIM TRIALS WITH NORTHERN AREA SWIM TEAMS THAT INCLUDE ATHLETES AND NONATHLETE MEMBERS (COACHES, OFFICIALS AND MEMBERS).

Program Service Accomplishments

Program 1

Expenses: $85,607 Revenue: $5,000

PROMOTE COMPETITIVE SWIMMING FOR YOUTHS AND ADULTS BY HOLDING SWIM TRIALS WITH NORTHERN AREA SWIM TEAMS THAT INCLUDE ATHLETES AND NONATHLETE MEMBERS (COACHES, OFFICIALS AND MEMBERS).

🔒

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 $0

Program Service Revenue $5,000

Investment Income $3,011

Other Revenue $38,917

TOTAL REVENUE $46,928

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,607

Other Expenses $41,232

TOTAL EXPENSES $91,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,928	$80,945	-0.4%
Expenses	$91,232	$70,923	+0.3%
Net Income	$-44,304	$10,022	-5.4%

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

N/A

Volunteers

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
JENNIFER YOUNG	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERINN LOREMORE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DIANE DIAL-BESHEARS	TREASURER	0.50	Officer Director	$0	$0	$0
LEA HOOD	SECRETARY	0.50	Officer 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	$46,928	$91,232	$199,911	$-44,304
2023	$80,945	$70,923	$251,102	$10,022

NORTHERN AREA AQUATICS COMMITTEE INC