Kona Aquatics Club Inc

Nonprofit profile at a glance

EIN
851439258
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-N 2021
Location
Kailua Kona, HI, USA
Phone
3096634019
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$107,577
Expenses
$113,430
Assets
$743,179
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVE GIBSON (PRESIDENT, TREASURER, HEAD)
  • MARIA OKA (VICE PRESIDENT)

People named in this filing

  • DAVE GIBSON (PRESIDENT, TREASURER, HEAD)
  • MARIA OKA (VICE PRESIDENT)
  • LAURA ANKRUM (SECRETARY)

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

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

Overview

Mission

Kona aquatics club, inc. Will provide instruction of individuals for the purpose of developing their capabilities. The instruction of the individuals will be beneficial to them and the community. The organization will engage in activities that promote swimming for youth and adults on the big island in Hawaii.the objectives and purpose of this organization shall be: -have fun -develop student athletes -become an excellent swim team -be one of the top swim teams in Hawaii -manage the operations and coaching of an adult united states masters swimming (usms) team

What it reported doing in 2025

USA swim team - provide operation and administrative support for the USA swim team andmaintain good standing with the national and state organizations. Major items include allbusiness operations, running practices, running and attending swim meets.usms swim team - provide operation and administrative support for the usms swim team andmaintain good standing with the national and state organizations. Major items include allbusiness operations, running practices, and running team events.triple crown ocean swim series - run 3 ocean swim races on the big island of Hawaii.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.1%; rating input score 95
  • Program expense ratio: 90%; rating input score 90
  • 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 6.55; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 24.6% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -44.9% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 18.4% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 95.1% of revenue deployed · 90% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $102K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2022 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 — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.