SOLO Aquatics

🔒

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

1986

Legal Domicile

Principal Officer

Thomas Andrew Mcrae

Phone

6508519091

Tax Period

2024-09-01 to 2025-08-31

SOLO Aquatics, founded in 1986, is a small nonprofit that reported $298K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $282K left a modest 6% surplus.

Mission

We are a youth swim team serving children 5-18 for the past 30 years. We offer daily swim practices and attend local swim meets. SOLO is a member of USA Swimming.

Program Service Accomplishments

Program 1

Expenses: $281,680 Revenue: $298,411

SOLO was able to have three swimmers race at the national level. One swimmer was able to receive a scholarship to attend college. While another was able to place in the top of all high school...

SOLO was able to have three swimmers race at the national level. One swimmer was able to receive a scholarship to attend college. While another was able to place in the top of all high school swimmers in the state.

🔒

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 $298,411

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $298,411

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,455

Fundraising Expenses $0

Program Expenses $281,680

Other Expenses $46,225

TOTAL EXPENSES $281,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,411	$241,888	+0.2%
Expenses	$281,680	$251,967	+0.1%
Net Income	$16,731	$-10,079	-2.7%

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

$140,840

Key Employees