Nonprofit · EIN 54-1427388
NOVA OF VIRGINIA AQUATICS INC
Tax-exempt · RICHMOND, VA 23229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $7,306,261 | $5,969,444 | $1,336,817 | $20,655,266 | $11,400,884 | $9,254,382 |
| August 31, 2024 | 990 | $5,458,795 | $5,557,091 | -$98,296 | $15,677,628 | $7,758,117 | $7,919,511 |
| August 31, 2023 | 990 | $4,965,517 | $5,066,062 | -$100,545 | $16,515,043 | $8,455,533 | $8,059,510 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,796,318
- of which government grants
- $500,000
- Program service revenue
- $4,801,796
- Investment income
- $55,762
- Net rental income
- $69,500
- Net gain from sales of assets
- -$11,758
- Net income from fundraising events
- $135,439
- Net income from sales of inventory
- $447,446
- Other revenue
- $652,385
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,632
- Other salaries and wages
- $2,610,500
- Salaries, compensation and benefits (total)
- $3,166,530
- Professional fundraising fees
- $0
- Legal fees
- $586
- Accounting fees
- $29,277
- Occupancy
- $961,206
- Travel
- $170,292
- Depreciation
- $600,066
- Program services (functional)
- $5,439,696
- Management and general (functional)
- $435,184
- Fundraising (functional)
- $94,564
Balance sheet and other
- Total assets, start of year
- $15,677,628
- Total assets, end of year
- $20,655,266
- Total liabilities, end of year
- $11,400,884
- Net assets, end of year
- $9,254,382
- Land, buildings and equipment
- $11,484,330
- Net assets without donor restrictions
- $7,882,140
- Net assets with donor restrictions
- $1,372,242
- Gross unrelated business income
- $8,500
- Gross receipts
- $7,815,908
- Employees
- 216
- Volunteers
- 1,000
- Year formed
- 1987
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEIGH PETERSON | CEO Officer | 40 | $111,962 | $3,576 |
| DAVID SCHRECK | HEAD COACH Highest-paid employee | 40 | $104,157 | $3,622 |
| GREG OWENS | DIRECTOR - ENDED 1/31/2025 Trustee or director | 1 | $0 | $0 |
| RACHEL NAURATH | DIRECTOR - ENDED 1/31/2025 Trustee or director | 1 | $0 | $0 |
| LORI HAAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHUCK HARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PJ WALLIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| WEST CUTHBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN EHRENSBERGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KIRK VOGEL | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| JENNY CONNORS | PRESIDENT EMERITUS - ENDED 1/31/2025 Trustee or director, Officer | 1 | $0 | $0 |
| BENJAMIN ACKERLY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAN CONNOR | TREASURER - ENDED 1/31/2025 Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FARMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK INSCOE | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE LAUX | DIRECTOR Trustee or director | 1 | $0 |
| MATT MCGROARTY | DIRECTOR Trustee or director | 1 | $0 |
| STINSON MUNDY | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
990 for the year ended August 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID SCHRECK | HEAD COACH Highest-paid employee | 40 | $105,846 | $3,822 |
| LEIGH PETERSON | CEO Officer | 40 | $107,769 | $1,800 |
| ANDREW GLASS | DIRECTOR - ENDED 1/31/2024 Trustee or director | 1 | $0 | $0 |
| KATIE HARRINGTON | DIRECTOR - ENDED 1/31/2024 Trustee or director | 1 | $0 | $0 |
| GREG OWENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL NAURATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI HAAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHUCK HARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PJ WALLIN | TREASURER-ELECT Trustee or director | 1 | $0 | $0 |
| WEST CUTHBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN EHRENSBERGER | PRESIDENT-ELECT Trustee or director | 1 | $0 | $0 |
| KIRK VOGEL | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JENNY CONNORS | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| BENJAMIN ACKERLY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MELISSA THORNTON | SECRETARY - ENDED 12/2023 Trustee or director, Officer | 1 | $0 | $0 |
| DAN CONNOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FARMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MISSY THORNTON | DIRECTOR - ENDED 1/31/2024 Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NORM WRIGHT | HEAD COACH - ENDED 2/2023 Highest-paid employee | 40 | $116,867 | $10,135 |
| ANN MCGEE - ENDED 82022 | EXECUTIVE DIRECTOR Officer | 40 | $53,414 | $5,332 |
| ANDREW GLASS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE HARRINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG OWENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL NAURATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI HAAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK VOGEL | PRESIDENT-ELECT Trustee or director | 1 | $0 | $0 |
| CHUCK HARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY CONNORS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MELISSA THORNTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BENJAMIN ACKERLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN CONNOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY BELCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID FELLOWES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEIGH PETERSON | CEO - STARTED 2/2023 Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 NOVA WAY, RICHMOND, VA 23229-6603
- Principal officer (990 for 2024)
- LEIGH PETERSON, 12207 GAYTON ROAD, RICHMOND, VA 23238
- Signed the 990
- LEIGH PETERSON, CEO
- Phone
- (804) 754-3401
- Website
- WWW.NOVASWIM.ORG
- Return prepared by
- KEITER STEPHENS HURST GARY & SHREAVES
Mission
WE STRIVE TO INSTILL THE QUALITIES THAT WILL MAKE OUR YOUNG PEOPLE LEADERS OF TOMORROW. DREAMS ARE OUR BUSINESS, DISCIPLINE IS OUR TOOL, EXCELLENCE IS OUR PURSUIT.
Program accomplishments
- THROUGH PROGRAMS OFFERED BY NOVA, SWIMMERS HAVE QUALIFIED FOR USA SWIMMING SANCTIONED CHAMPIONSHIP MEETS AT STATE, REGIONAL, ZONE, NATIONAL, AND INTERNATIONAL LEVELS. AN ESTIMATED 800 SWIMMERS BENEFITED FROM THE COMPETITIVE TEAM AND ANOTHER MORE THAN 3,000 BENEFITED FROM THE LEARN TO SWIM PROGRAM DURING THE FISCAL YEAR.Expenses $5,439,696 · revenue $4,801,796
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 54-1427388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67Z)
- Assets (IRS master file)
- $20,655,266
- Income (IRS master file)
- $7,815,908
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $7,306,261 | $5,969,444 | $20,655,266 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $5,458,795 | $5,557,091 | $15,677,628 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $4,965,517 | $5,066,062 | $16,515,043 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $4,740,503 | $4,766,119 | $10,612,018 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1427388).
Questions about NOVA OF VIRGINIA AQUATICS INC
- What is the EIN of NOVA OF VIRGINIA AQUATICS INC?
- The employer identification number (EIN) of NOVA OF VIRGINIA AQUATICS INC is 54-1427388.
- Is NOVA OF VIRGINIA AQUATICS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to NOVA OF VIRGINIA AQUATICS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NOVA OF VIRGINIA AQUATICS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NOVA OF VIRGINIA AQUATICS INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NOVA OF VIRGINIA AQUATICS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of NOVA OF VIRGINIA AQUATICS INC?
- The 990 for the year ended August 31, 2025 names LEIGH PETERSON.
- Who are the officers and directors of NOVA OF VIRGINIA AQUATICS INC?
- The 990 for the year ended August 31, 2025 lists 18 people; 2 received compensation from the organization, the highest $111,962 (LEIGH PETERSON, CEO).
- How much revenue does NOVA OF VIRGINIA AQUATICS INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $7,306,261, expenses of $5,969,444 and total assets of $20,655,266 at year end.
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All nonprofits in RICHMOND · Virginia · Recreation and sports