Hydroelite Aquatics Team Inc
Nonprofit profile at a glance
- EIN
- 882447418
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024, Form 990-N 2022
- Location
- Friendswood, TX, USA
- Phone
- 2812354761
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $225,427
- Expenses
- $186,615
- Assets
- $98,694
- Liabilities
- $5,598
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GERALD HARDT (PRESIDENT & HEAD COACH)
Highest reported compensation
- GERALD HARDT (PRESIDENT & HEAD COACH): $32,592 total reported compensation
- MARCIE VIDINHA (TREASURER): $14,100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop & promote the sport of competitive swimming for young athletes to compete in high school, college, and to strive to make the u.s. Olympic team. To foster national or international amateur sports competition.
What it reported doing in 2025
Payroll expenses for experienced staff who provide quality coaching to our young swimmers allowing them to compete at various levels of competitive meets.
Operating model
- Revenue model
- Membership-supported. 92% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 90
- Accountability: 28
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.8%; rating input score 83
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 18th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.2%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 25%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 22.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 55.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 82.8% of revenue deployed · 100% of spending went to programs
- Governance: 1 of 3 board members independent · 2 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $187K in reported program spending
- Leadership: top reported pay $33K · 3 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.