Lobo Aquatic Club Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE OBJECTIVES AND PRIMARY PURPOSE SHALL BE TO PROVIDE A YEAR-ROUND COMPETITIVE SWIMMING PROGRAM OFFERING PROFESSIONAL COACHING AND INSTRUCTION FOR THE BENEFIT OF SWIMMERS OF ALL AGES AND ABILITY LEVELS. THIS WILL BE IMPLEMENTED THROUGH USA SWIMMING INC. (USAS)-AFFILIATED AGE GROUP AND SENIOR PROGRAMS, AND A UNITED STATES MASTERS SWIMMING (USMS)-AFFILIATED MASTERS PROGRAM. THE LAC SHALL PROMOTE AND DEVELOP SWIMMING IN ACCORDANCE WITH THE STANDARDS AND UNDER THE RULES PRESCRIBED BY THE FEDERATION INTERNATIONALE DE NATATION AMATEUR (FINA), USA SWIMMING INC., UNITED STATES MASTERS SWIMMING, NEW MEXICO SWIMMING INC. (NMS), AND THESE BYLAWS. THE LOBO AQUATIC CLUB IS A MEMBER OF NMS AND USA SWIMMING.
- Income
- $155,315
- Spending
- $162,533
- Reserves
- 7.1 months of spending
- Largest source of income
- other income, 88%
- Highest pay
- $15,341, president
Source: Form 990EZ for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 59% of charities in its peer group (recreation and sports, under $250k).
Reserves
28 of 35Spendable reserves would cover 7.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Source: Form 990EZ for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending August 31, 2025, 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 (2)
- $115,548 spent. PROVIDE COACHING, MEETS, EQUIPMENT & TRAVEL COSTS FOR A COMPETITIVE USA SWIMMING TEAM.
- $46,985 spent. POOL RENTAL AND SUPPORT PAID TO UNM.
Source: Form 990EZ for the year ending August 31, 2025, 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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.