Education regarding Aquatic exercise programs

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$152K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $20K a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$28K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$668K
Spent
$730K
To programs
90%
Net assets
$53K
By yearFY2020–FY2025
Revenue
$668K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$668K
FY2021$823K
FY2022$1.1M
FY2023$1.1M
FY2024$1.1M
FY2025$901K
Expenses
$730K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$730K
FY2021$774K
FY2022$1.2M
FY2023$1.2M
FY2024$1.0M
FY2025$927K
Net assets
$53K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$53K
FY2021$101K
FY2022$37K
FY2023−$29K
FY2024$22K
FY2025−$4K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $655K Management & general 10% · $75K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec Direct
$76,234Pt VII · Sec A
Director
$44,376Pt VII · Sec A
President
$31,400Pt VII · Sec A
$0Pt VII · Sec A

Angie Proctor’s $86K as Exec Direct is at the 77th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Angie Proctor$85,800$82,613$79,685$73,800$73,126$76,234
Troy Nelson$55,800$55,664$54,813$48,000$44,405$44,376
Julia See$44,925$43,200$49,500$48,000$45,100$31,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates the public about aquatic exercise programs.

Questions for World Aquatic Coalition INC

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Provided by the organization

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1 program · $628K · in their own filed words · FY2020
01

All services involve aquatic exercise programs

$628Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$668K
Ln 12
Fees for servicesLn 2g$593K
Other incomeLn 4–11$74K
Money outPt IX
$730K
Ln 25
Programscol B$655K
Managementcol C$75K
Owns and owesPt X
$53K
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$82K
LiabilitiesLn 26$28K
PeoplePt VI, VII
4
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$593K
Other incomeLn 4–11$74K
Total revenueLn 12$668K
Assets in detailPt X, end of year
CashLn 1$51K
Cash and savings togetherLn 1–2$51K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$5K
Total assetsLn 16$82K
LiabilitiesLn 26$28K
Net assetsLn 32$53K
OperationsPt I, VI
EmployeesI 57
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$89K$51K
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$121K$82K
LiabilitiesLn 26$5K$28K
Net assetsLn 32$117K$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$310K$266K$43K
Payroll taxesLn 10$27K$23K$4K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$273$273
Advertising and promotionLn 12$50K$50K
Office expensesLn 13$62K$53K$9K
Information technologyLn 14$16K$14K$2K
RoyaltiesLn 15$1K$1K
OccupancyLn 16$77K$66K$11K
TravelLn 17$36K$31K$5K
Conferences, conventions and meetingsLn 19$926$926
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$86$86
InsuranceLn 23$67K$67K
Other expenses (24a–d)Ln 24$67K$66K$867
All other expensesLn 24e$6K$5K$488
Total functional expensesLn 25$730K$655K$75K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $901K$927K−$26K−$4K 990 PDF
FY2024 $1.1M$1.0M$48K$22K 990 PDF
FY2023 $1.1M$1.2M−$66K−$29K 990 PDF
FY2022 $1.1M$1.2M−$63K$37K 990 PDF
FY2021 $823K$774K$49K$101K 990 PDF
FY2020 Viewing $668K$730K−$62K$53K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $667,694 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,095,777$593,364
I-10 Investment income$0
I-11 Other revenue$74,330
I-12 Total revenuePrior year $1,095,777$667,694
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $381,557$336,980
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $722,980$392,882
I-18 Total expensesPrior year $1,104,537$729,862
I-19 Revenue less expensesPrior year −$8,760−$62,168
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $667,694 across 3 lines filed
Lines not itemized here account for $131 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $593,233$593,233
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $74,330$74,330
VIII-12 Total revenueExcluded from tax $667,694$667,694
Part IX · Statement of functional expenses $729,862 across 17 lines filed
IX-7 Other salaries and wagesPrograms $266,489 · Management $43,382$309,871
IX-10 Payroll taxesPrograms $23,314 · Management $3,795$27,109
IX-11b Legal feesPrograms $3,103$3,103
IX-11c Accounting feesPrograms $2,950$2,950
IX-11g Other fees for servicesPrograms $273$273
IX-12 Advertising and promotionPrograms $50,225$50,225
IX-13 Office expensesPrograms $53,344 · Management $8,684$62,028
IX-14 Information technologyPrograms $13,864 · Management $2,257$16,121
IX-15 RoyaltiesPrograms $1,257$1,257
IX-16 OccupancyPrograms $66,177 · Management $10,773$76,950
IX-17 TravelPrograms $31,013 · Management $5,049$36,062
IX-19 Conferences, conventions and meetingsPrograms $926$926
IX-20 InterestPrograms $3,133$3,133
IX-22 Depreciation, depletion and amortizationPrograms $86$86
IX-23 InsurancePrograms $66,598$66,598
IX-24 Other expenses (24a–d)Programs $66,356 · Management $867$67,223
IX-24e All other expensesPrograms $5,459 · Management $488$5,947
IX-25 Total functional expensesPrograms $654,567 · Management $75,295 · Fundraising $0$729,862
Part X · Balance sheet $81,642 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $89,495$51,139
X-8 Inventories for sale or useStart of year $22,779$22,779
X-10c Land, buildings and equipment, netStart of year $3,984$2,724
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $121,258$81,642
X-17 Accounts payable and accrued expensesStart of year $4,472$3,343
X-25 Other liabilitiesStart of year $270$25,125
X-26 Total liabilitiesStart of year $4,742$28,468
X-32 Total net assets or fund balancesStart of year $116,516$53,174
X-33 Total liabilities and net assetsStart of year $121,258$81,642
Part XI · Reconciliation of net assets $53,174 net assets at year end
XI-1 Total revenue$667,694
XI-2 Total expenses$729,862
XI-3 Revenue less expenses−$62,168
XI-4 Net assets at start of year$116,516
XI-9 Other changes in net assets−$1,174
XI-10 Net assets at end of year$53,174

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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