West Florida Lightning Aquatics INC FY2021 filing

Tax-deductible

Indian Rk Bch, FL501(c)(3)Since 1980Recreation & SportsEIN 59-6582968Revenue $247K in FY2021

On file with the IRSPo Box 1144, 33785-1144 · Indian Rk Bch, FLTax-exempt since Apr 1976Publicly supported — 509(a)(2)

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Enhance swimming skills and enhance sportsmanship through competition.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · 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
4 of 6
filings with a surplus
Average deficit $973 a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$247K
+15% vs prior year
Spent
$246K
To programs
97%
Net assets
$29K
By yearFY2020–FY2025
Revenue
$247K
FY2021▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$216K
FY2021$247K
FY2022$257K
FY2023$239K
FY2024$245K
FY2025$230K
Expenses
$246K
FY2021▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$207K
FY2021$246K
FY2022$249K
FY2023$237K
FY2024$260K
FY2025$241K
Net assets
$29K
FY2021▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$29K
FY2022$37K
FY2023$39K
FY2024$24K
FY2025$14K

From the FY2021 Form 990 (year ending September 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 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 Apr 1976.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $239K Management & general 3% · $6K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
See West Florida Lightning Aquatics INC executive salaries →

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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 15aNo

Programs and updates

Teaches swimming skills and sportsmanship through competitive events.

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Provided by the organization

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1 program · $239K · in their own filed words · FY2020
01

Community youth swim program teaching swimming skills from novice to masters levels. Program services up to 220 swimmers during the summer with an average of 95 swimmers year around.

$239Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$247K
Ln 12
Gifts and grantsLn 1h$162K
Fees for servicesLn 2g$78K
Other incomeLn 4–11$7K
Money outPt IX
$246K
Ln 25
Programscol B$239K
Managementcol C$6K
Owns and owesPt X
$29K
net assets · Ln 32
Cash and savingsLn 1–2$29K
Total assetsLn 16$29K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$162K
Government grantsLn 1e$44K
Fees for servicesLn 2g$78K
Other incomeLn 4–11$7K
Total revenueLn 12$247K
Assets in detailPt X, end of year
CashLn 1$29K
Cash and savings togetherLn 1–2$29K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$29K
LiabilitiesLn 26$0
Net assetsLn 32$29K
OperationsPt I, VI
EmployeesI 59
VolunteersI 650
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$46K$29K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$46K$29K
LiabilitiesLn 26$18K$0
Net assetsLn 32$28K$29K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$96K$96K
Other employee benefitsLn 9$10K$10K
Payroll taxesLn 10$10K$10K
Accounting feesLn 11c$760$380$380
Office expensesLn 13$6K$6K
OccupancyLn 16$8K$8K
TravelLn 17$6K$6K
Depreciation, depletion and amortizationLn 22$4K$4K
Other expenses (24a–d)Ln 24$96K$96K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$246K$239K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $230K$241K−$11K$14K 990 PDF
FY2024 $245K$260K−$15K$24K 990 PDF
FY2023 $239K$237K$2K$39K 990 PDF
FY2022 $257K$249K$8K$37K 990 PDF
FY2021 Viewing $247K$246K$1K$29K 990 PDF
FY2020 $216K$207K$8K$28K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $247,290 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $118,618$162,398
I-9 Program service revenuePrior year $74,948$77,944
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $22,283$6,948
I-12 Total revenuePrior year $215,849$247,290
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $119,740$115,259
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $87,668$130,569
I-18 Total expensesPrior year $207,408$245,828
I-19 Revenue less expensesPrior year $8,441$1,462
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $247,290 across 7 lines filed
VIII-1b Membership dues$108,898
VIII-1e Government grants$43,500
VIII-1f All other contributions, gifts and grants$10,000
VIII-1h Total contributions, gifts and grants$162,398
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $77,944$77,944
VIII-8 Net income from fundraising eventsUnrelated business $6,948$6,948
VIII-12 Total revenueRelated to mission $77,944 · Unrelated business $6,948 · Excluded from tax $0$247,290
Part IX · Statement of functional expenses $245,828 across 10 lines filed
IX-7 Other salaries and wagesPrograms $95,659$95,659
IX-9 Other employee benefitsPrograms $9,900$9,900
IX-10 Payroll taxesPrograms $9,700$9,700
IX-11c Accounting feesPrograms $380 · Management $380$760
IX-13 Office expensesManagement $5,973$5,973
IX-16 OccupancyPrograms $7,758$7,758
IX-17 TravelPrograms $6,293$6,293
IX-22 Depreciation, depletion and amortizationPrograms $4,128$4,128
IX-24 Other expenses (24a–d)Programs $96,440$96,440
IX-24e All other expensesPrograms $9,217$9,217
IX-25 Total functional expensesPrograms $239,475 · Management $6,353 · Fundraising $0$245,828
Part X · Balance sheet $29,445 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $45,983$29,445
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $45,983$29,445
X-24 Unsecured notes and loans payableStart of year $18,000$0
X-26 Total liabilitiesStart of year $18,000$0
X-32 Total net assets or fund balancesStart of year $27,983$29,445
X-33 Total liabilities and net assetsStart of year $45,983$29,445
Part XI · Reconciliation of net assets $29,445 net assets at year end
XI-1 Total revenue$247,290
XI-2 Total expenses$245,828
XI-3 Revenue less expenses$1,462
XI-4 Net assets at start of year$27,983
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$29,445

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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