Soma Aquatics Foundation Inc
Nonprofit profile at a glance
- EIN
- 453665834
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Petaluma, CA, USA
- Phone
- 4153006574
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $50,289
- Expenses
- $61,726
- Assets
- $37,638
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JEREMY ENGMAN (PRESIDENT/CE)
People named in this filing
- JEREMY ENGMAN (PRESIDENT/CE)
- MEHRAD ZARREHPARVAR (VICE PRESIDE)
- JENNIFER MORRIS (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
Soma aquatics foundations goal is to provide basic swimming instruction and pool access to every member of the community that cannot afford it or does not have access. We aim to ensure that everyone has access to aquatics facilities and to adequate coaching and educational materials. Early swim instruction is essential to developing athletes who may someday participate on a competitive level. Soma therefore seeks to facilitate aquatic sports across the spectrum, encouraging participation at all skill levels and assisting to foster and grow new and creative programming.
What it reported doing in 2025
Youth swim programs
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- 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. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 21
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.2%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -22.7%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 33.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: -8.4% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $53K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Sustainability: Operating margin scored 20/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 5/100.