Pacific Waves Synchronized Swimming

Nonprofit profile at a glance

EIN
911912412
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Federal Way, WA, USA
Phone
2068510883
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$77,206
Expenses
$82,393
Assets
$44,701
Liabilities
$6,015

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Jessica Lawrence (Co-President)
  • Quoc Nguyen (Co-President)

People named in this filing

  • Jessica Lawrence (Co-President)
  • Candice Morrow (Treasurer)
  • Leslie Sims (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pacific Waves Synchronized Swimming is a non-profit club that engages in promoting, teaching and fostering the sport of artistic (synchronized) swimming. It is the goal of Pacific Waves Synchronized Swim Club to offer age specific training for all of our athletes geared towards challenging each individual and developing each swimmer to the best of their abilities.

What it reported doing in 2025

Train athletes up to age 18

Operating model

Revenue model
Membership-supported. 86% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.1%; rating input score 42
  • Program expense ratio: 39.4%; rating input score 39

Transparency & Controls

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

Sustainability

  • Operating margin: -6.7%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 42.1% of revenue deployed · 39.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $32K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.