CORVALLIS AQUATIC TEAM

EIN: 930748812 501(c)(3) Recreation & Sports

Corvallis, OR

Total Revenue
$591,609
Total Expenses
$579,995
Total Assets
$287,182
Net Assets
$219,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
OR
Principal Officer
Jeff Kollath
Phone
5416022683
Tax Period
2023-09-01 to 2024-08-31

CORVALLIS AQUATIC TEAM, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $592K in total revenue in fiscal year 2023.

Mission

The Corvallis Aquatic Team (CAT) is a competitive swim team offering year-round instruction, training, and opportunities for competition to Willamette Valley athletes of all ages, abilities, and interest levels.

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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 (2023)

Revenue Breakdown

Contributions & Grants $110,352
Program Service Revenue $475,438
Investment Income $5,819
Other Revenue $0
TOTAL REVENUE $591,609

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $252,089
Fundraising Expenses $6,940
Program Expenses $441,864
Other Expenses $44,525
TOTAL EXPENSES $579,995

Year-over-Year Comparison

2023 2022 Change
Revenue $591,609 $550,277 +0.1%
Expenses $579,995 $517,702 +0.1%
Net Income $11,614 $32,575 -0.6%
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

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Governance

Voting Members
13
Independent Members
13
Employees
9
Volunteers
120

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
4
$0
Total Directors
13
$95,740
Key Employees
2
$158,260
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rick Guenther Head Coach 40
Director Key Emp
$94,240 $1,500 $95,740
Brandon Shreeve Head Age Group Coach 40
Key Emp
$61,620 $900 $62,520
Jeff Kollath President 2
Officer Director
$0 $0 $0
Malia Schaefer President-Elect 1
Officer Director
$0 $0 $0
Richard Montgomery Past President 1
Director
$0 $0 $0
Cressa Campos Secretary 1
Officer Director
$0 $0 $0
Patrick Berg Treasurer 1
Officer Director
$0 $0 $0
Katy Krupp Masters Representative 1
Director
$0 $0 $0
Evan de Szoeke Member at Large 1
Director
$0 $0 $0
Brandi Fuhrman Member at Large 1
Director
$0 $0 $0
Scott Shaff Member-at-large 1
Director
$0 $0 $0
Zakary Guenther Athlete Representative 1
Director
$0 $0 $0
Keller Evans Athlete Representative 1
Director
$0 $0 $0
Malana Kollath Athlete Representative 1
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
2024 $591,609 $579,995 $287,182 $11,614
2023 $550,277 $517,702 $307,485 $32,575
2022 $510,404 $505,635 $259,489 $4,769
2021 $372,476 $302,846 $235,177 $69,630
2020 $231,811 $264,388 $144,962 $-32,577
2019 $454,628 $447,119 $194,900 $7,509
2018 $428,270 $414,915 $189,465 $13,355
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