Greenlake Aquaducks Masters Swimmers Inc

Nonprofit profile at a glance

EIN
260017985
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025, Form 990-N 2010
Location
Seattle, WA, USA
Phone
2068491387
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$66,924
Expenses
$60,588
Assets
$87,716
Liabilities
$270

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Geoffrey Wilwerding (President)
  • Tonya Berg (Vice President)

People named in this filing

  • Geoffrey Wilwerding (President)
  • Tonya Berg (Vice President)
  • Arni Litt (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Greenlake Aquaducks (GLAD) provides structured daily workouts with a certified coach for the purpose of advancing health and wellness and swimming skills of its members. GLAD promotes fellowship and community for the members. Members give back to the community by providing lessons to adults that want to learn to swim and be safe near the water.

What it reported doing in 2025

We offered 4 scholarships in 2023 to college age swimmers and 2 scholarships to adults that found it hard to pay the full or partial swim fee. We offered places for USMS members to swim at no cost when they visit from out of the area. Our coaches swim for free even after they are no longer coaching for us We did a fund raiser where the team match all the money donated to the foodbank by the swimmers

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.7%; rating input score 82
  • Program expense ratio: 92.4%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9.5%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 11.2% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 81.7% of revenue deployed · 92.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.