Aquatics Capital of America
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O FOR THE MISSION STATEMENT DETAIL.
- Income
- $55,756
- Spending
- $73,148
- Spent on programs
- 88%
- Reserves
- 2.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100. Higher than 16% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 31% of income.
Income trend
0 of 15Income fell 34% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 85% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2523 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $34,223 spent. "NAPLES ISLAND SWIM/SUP EVENT" - THE ORGANIZATION HELD ITS ANNUAL AQUATIC MEET ON NAPLES ISLAND IN WHICH COMPETITORS SWAM AND PADDLED IN THE WATER SURROUNDING THE ISLAND. THE EVENT HIGHLIGHTS THE ACHIEVEMENTS OF SWIMMERS AND PADDLERS OF ALL AGES IN A COMPETITION THAT HAS BEEN A SUMMER STAPLE FOR DECADES.
- $30,000 spent. WATERPROOF OUR YOUTH PROGRAM: THE ORGANIZATION PROVIDED FREE SWIM LESSONS FOR OVER 300 UBDERSERVED CHILDREN FROM THE COMMUNITY. THE PROGRAM IS DESIGNED TO IMPROVE THE SAFETY OF YOUTHS IN AND AROUND WATER AND REDUCE THE LIKELIHOOD OF INJURY OR DEATH FROM WATER RELATED ACTIVITIES.
- OTHER PROGRAM SERVICES INCLUDE SUPPORT TO THE LONG BEACH GIVES CAMPAIGN, SCHOLARSHIPS TO VARIOUS STUDENTS RECOGNIZED BY COACHES AND TEACHERS FOR OUTSTANDING ACCOMPLISHMENTS IN AQUATIC ENDEAVORS, AND SUPPORT TO LOCAL AQUATIC PROGRAMS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2013 for not filing returns for three years, and reinstated on July 15, 2013.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.