Nonprofit · EIN 59-3582323
CAT 5 AQUATICS INC
Tax-exempt · PANAMA CITY, FL 32406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $278,773 | $358,261 | -$79,488 | $42,446 | $0 | $42,446 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,101
- Program service revenue
- $259,664
- Investment income
- $8
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $11,355
- Program services (functional)
- $354,979
- Management and general (functional)
- $3,282
Balance sheet and other
- Total assets, start of year
- $121,934
- Total assets, end of year
- $42,446
- Total liabilities, end of year
- $0
- Net assets, end of year
- $42,446
- Gross receipts
- $278,773
- Employees
- 0
- Volunteers
- 30
- Year formed
- 2002
- State of legal domicile
- FL
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEGAN CORNELL | Vice President Officer | 5 | $0 |
| TERRY JUERGENS | President Officer | 5 | $0 |
| ERIKA GOINES | Secretary Officer | 5 | $0 |
| TINA BREWER | Treasurer Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15651, PANAMA CITY, FL 32406-5651
- Signed the 990
- TERRY JUERGENS, President
- Phone
- (850) 271-1726
- Return prepared by
- SOWELL & ASSOCIATES PA
Mission
TO PROMOTE AND SUPPORT THE GROWTH OF YOUTH SWIMMING IN THE PANAMA CITY/BAY COUNTY AREA; TO PROVIDE OPPORTUNITIES FOR BOYS & GIRLS, AGES 5 TO 18, TO PARTICIPATE IN ORGANIZED SWIMMING ACTIVITIES DESIGNED TO ACHIEVE THE GOALS SUCH AS: LEARN SPORTSMANSHIP & LEADERSHIP SKILLS; LEARN TO SET INDIVIDUAL GOALS IN THE CONTEXT OF SWIMMING; PROVIDE OPPORTUNITIES FOR ATHLETES TO PARTICIPATE IN COMPETITIVE SWIMMING; TO EDUCATE PARTICIPANTS, COACHES AND PARENTS IN COMPETITIVE SWIMMING.
Program accomplishments
- PROVIDED SWIMMING ACTIVITIES TO BOYS & GIRLS DEVELOPING THEIR SWIMMING SKILLS AND PROVIDED OPPORTUNITIES FOR COMPETITIVE SWIMMINGExpenses $354,979 · revenue $278,765
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3582323
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $42,446
- Income (IRS master file)
- $278,773
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $387,553 | $361,227 | $47,007 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CAT 5 AQUATICS INC
- What is the EIN of CAT 5 AQUATICS INC?
- The employer identification number (EIN) of CAT 5 AQUATICS INC is 59-3582323.
- Is CAT 5 AQUATICS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to CAT 5 AQUATICS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAT 5 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 CAT 5 AQUATICS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAT 5 AQUATICS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of CAT 5 AQUATICS INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does CAT 5 AQUATICS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $278,773, expenses of $358,261 and total assets of $42,446 at year end.
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All nonprofits in PANAMA CITY · Florida · Recreation and sports