The Aquakids Inc
Nonprofit profile at a glance
- EIN
- 710655423
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2024
- Location
- Conway, AR, USA
- Phone
- 5013177667
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $175,907
- Expenses
- $162,036
- Assets
- $29,970
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- BRENT NEWSON (PRESIDENT)
- SHANNON HELGERUD (VICE PRESIDENT)
People named in this filing
- BRENT NEWSON (PRESIDENT)
- JOANNA KORDSMEIER (TREASURER)
- SHANNON HELGERUD (VICE PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Competive aquatics program
What it reported doing in 2024
Swimming skills training
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for member benefits.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.9%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $162K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 54/100.