Civic Intelligence

World Aquatic Coalition Inc.

990 • Fiscal year 2024 • EIN 20-1534632

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

1618 Ellis StBrunswick, GA 31520-6737

(912) 289-3559

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.79x

Higher debt load relative to assets than 91% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

50th percentile

4.4%

Higher net margin than 50% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$82,613

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

89th percentile

48%

Faster asset growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-3.2%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$104,799

Up $33,752 (+48%) from 2023

Net Assets

Up

$22,191

Up $51,555 (+176%) from 2023

Liabilities

Down

$82,608

Down $17,803 (-18%) from 2023

Revenue

Down

$1,096,680

Down $36,524 (-3.2%) from 2023

Expenses

Down

$1,048,330

Down $151,082 (-13%) from 2023

Net Income

Up

$48,350

Up $114,558 (+173%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2010: $83,488Liabilities 2010: $90,733Net Assets 2010: -$7,2452010Assets 2011: $84,621Liabilities 2011: $82,741Net Assets 2011: $1,8802011Assets 2012: $49,014Liabilities 2012: $118,357Net Assets 2012: -$69,3432012Assets 2013: $84,435Liabilities 2013: $86,565Net Assets 2013: -$2,1302013Assets 2014: $73,664Liabilities 2014: $42,926Net Assets 2014: $30,7382014Assets 2015: $72,296Liabilities 2015: $30,697Net Assets 2015: $41,5992015Assets 2016: $70,518Liabilities 2016: $2,440Net Assets 2016: $68,0782016Assets 2017: $71,775Liabilities 2017: $4,100Net Assets 2017: $67,6752017Assets 2018: $134,832Liabilities 2018: $7,673Net Assets 2018: $127,1592018Assets 2019: $121,258Liabilities 2019: $4,742Net Assets 2019: $116,5162019Assets 2020: $81,642Liabilities 2020: $28,468Net Assets 2020: $53,1742020Assets 2021: $109,729Liabilities 2021: $8,467Net Assets 2021: $101,2622021Assets 2022: $114,523Liabilities 2022: $77,125Net Assets 2022: $37,3982022Assets 2023: $71,047Liabilities 2023: $100,411Net Assets 2023: -$29,3642023Assets 2024: $104,799Liabilities 2024: $82,608Net Assets 2024: $22,1912024

Highlighted filing

2024

Assets$104,799
Liabilities$82,608
Net Assets$22,191

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,064,777Expenses 2010: $1,068,335Net Income 2010: -$3,5582010Revenue 2011: $1,001,355Expenses 2011: $986,176Net Income 2011: $15,1792011Revenue 2012: $1,037,760Expenses 2012: $1,107,638Net Income 2012: -$69,8782012Revenue 2013: $1,042,885Expenses 2013: $975,660Net Income 2013: $67,2252013Revenue 2014: $1,017,706Expenses 2014: $984,651Net Income 2014: $33,0552014Revenue 2015: $1,063,252Expenses 2015: $1,051,137Net Income 2015: $12,1152015Revenue 2016: $1,161,806Expenses 2016: $1,134,521Net Income 2016: $27,2852016Revenue 2017: $1,047,014Expenses 2017: $1,046,859Net Income 2017: $1552017Revenue 2018: $1,226,680Expenses 2018: $1,172,077Net Income 2018: $54,6032018Revenue 2019: $1,095,777Expenses 2019: $1,104,537Net Income 2019: -$8,7602019Revenue 2020: $667,694Expenses 2020: $729,862Net Income 2020: -$62,1682020Revenue 2021: $822,998Expenses 2021: $774,131Net Income 2021: $48,8672021Revenue 2022: $1,095,097Expenses 2022: $1,158,411Net Income 2022: -$63,3142022Revenue 2023: $1,133,204Expenses 2023: $1,199,412Net Income 2023: -$66,2082023Revenue 2024: $1,096,680Expenses 2024: $1,048,330Net Income 2024: $48,3502024

Highlighted filing

2024

Revenue$1,096,680
Expenses$1,048,330
Net Income$48,350
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.0
Gross Receipts
$1,096,680
Mission and Program Overview

Mission

Education regarding aquatic exercise programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,474$63,405▲ $8,931
Inventories for Sale or Use$15,739$34,843▲ $19,104
Rtn Earn Endowment Incm Other Fnds$-29,364$22,191▲ $51,555
Land, Buildings, and Equipment, Net$834$6,551▲ $5,717
Total Assets$71,047$104,799▲ $33,752
Liabilities
Other Liabilities$97,068$82,608▼ $14,460
Accounts Payable and Accrued Expenses$3,343--
Total Liabilities$100,411$82,608▼ $17,803
Net Assets / Fund Balance
Total Net Assets Fund Balance$-29,364$22,191▲ $51,555
Total Liabilities and Net Assets / Fund Balance$71,047$104,799▲ $33,752

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,551$134,629$141,180
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Angie ProctorExec DirectFT$82,613$82,613
Troy NelsonDirectorFT$55,664$55,664
Julia SeePresidentFT$43,200$43,200

Board Members and Trustees

NameTitle
Patricia FossellaDirector
Virginia MericleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,096,680
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$48,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$688,101
Salaries, Compensation, and Employee Benefits$360,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$287,782$46,848-$334,630
Conferences and Meetings$156,570--$156,570
Fees for Services Other$97,280$412-$97,692
Insurance$80,993--$80,993
Travel$54,066$8,802-$62,868
Occupancy$51,843$8,440-$60,283
Information Technology$34,254$5,576-$39,830
Advertising$31,802--$31,802
Payroll Taxes$22,015$3,584-$25,599
Office Expenses$18,211$2,965-$21,176
Royalties$10,078--$10,078
Other Expenses$6,566$1,069-$7,635
All Other Expenses$5,093$600-$5,693
Depreciation Depletion$4,810--$4,810
Interest$3,620--$3,620
Fees for Services Accounting$3,400--$3,400
Fees for Services Legal$543--$543
Total Functional Expenses$970,034$78,296$0$1,048,330
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Proctor/nelson$74,394
Credit Cards Payable$7,944
Director Loan-see$270
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Angie proctor director married troy nelson director married

Form 990, Page 6, Part VI, Line 11B

The executive director reviews the return and corresponds with the preparer regarding any questions derived from the executive directors review or the board of directors review.

Form 990, Page 6, Part VI, Line 12C

Annual review with written documentation supporting any potential conflicts of interest. These documents are reviewed by the executive director and with the board of directors to insure compliance.

Form 990, Page 6, Part VI, Line 15A

All compensation is reviewed and approved by an independent person that uses comparable industry data to formulate the amount.

Form 990, Page 6, Part VI, Line 15B

All compensation is reviewed and approved by an independent person that uses comparable industry data to formulate the amount.

Form 990, Page 6, Part VI, Line 19

The information regarding policies, governing documents and financial statements are available online in the members section of the site. Otherwise, the information is available upon written request.

Filing and Contact Details

Filer

Filer Name
World Aquatic Coalition Inc
EIN
20-1534632
Phone
9122893559
Address
1618 ELLIS ST, BRUNSWICK, GA 31520-6737
Doing Business As
Aquatic Exercise Association

Signing Officer

Name
Angie Proctor
Title
Exec Direct
Phone
9414868600
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angie Proctor
Formed
2004
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
4
Employees
7

Preparer

Firm
Myers & Company
Address
2523 STICKNEY POINT RD, SARASOTA, FL 34231
Preparer
Brent J Myers CPA
Phone
9419234085
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

All services involve aquatic exercise programs

Form 990, Part XI, Line 9

Book / tax depreciation difference 3,208 rounding -3 total 3,205

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01095097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0822998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0667694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04815673
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06551
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0134629
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0141180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN FROM PROCTOR/NELSON
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DIRECTOR LOAN-SEE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06551
IRS990ScheduleD/TotalLiabilityAmt082608
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL SERVICES INVOLVE AQUATIC EXERCISE PROGRAMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANGIE PROCTOR DIRECTOR MARRIED TROY NELSON DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS THE RETURN AND CORRESPONDS WITH THE PREPARER REGARDING ANY QUESTIONS DERIVED FROM THE EXECUTIVE DIRECTORS REVIEW OR THE BOARD OF DIRECTORS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REVIEW WITH WRITTEN DOCUMENTATION SUPPORTING ANY POTENTIAL CONFLICTS OF INTEREST. THESE DOCUMENTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND WITH THE BOARD OF DIRECTORS TO INSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION IS REVIEWED AND APPROVED BY AN INDEPENDENT PERSON THAT USES COMPARABLE INDUSTRY DATA TO FORMULATE THE AMOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION IS REVIEWED AND APPROVED BY AN INDEPENDENT PERSON THAT USES COMPARABLE INDUSTRY DATA TO FORMULATE THE AMOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE INFORMATION REGARDING POLICIES, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ONLINE IN THE MEMBERS SECTION OF THE SITE. OTHERWISE, THE INFORMATION IS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 3,208 ROUNDING -3 TOTAL 3,205
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SpecialConditionDesc0HURRICANE DEBBYHURRICANE MILTON
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt071047
IRS990/TotalAssetsEOYAmt0104799
IRS990/TotalAssetsGrp/BOYAmt071047
IRS990/TotalAssetsGrp/EOYAmt0104799
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078296
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0970034
IRS990/TotalFunctionalExpensesGrp/TotalAmt01048330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100411
IRS990/TotalLiabilitiesEOYAmt082608
IRS990/TotalLiabilitiesGrp/BOYAmt0100411
IRS990/TotalLiabilitiesGrp/EOYAmt082608
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-29364
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022191
IRS990/TotalOtherProgSrvcExpenseAmt04810
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt03138
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03138
IRS990/TotalProgramServiceExpensesAmt0970034
IRS990/TotalProgramServiceRevenueAmt01096680
IRS990/TotalReportableCompFromOrgAmt0181477
IRS990/TotalRevenueGrp/ExclusionAmt01096680
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01096680
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt071047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0104799
IRS990/TravelGrp/ManagementAndGeneralAmt08802
IRS990/TravelGrp/ProgramServicesAmt054066
IRS990/TravelGrp/TotalAmt062868
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02201 ELM AVENUE
IRS990/USAddress/CityNm0BRUNSWICK
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031520
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.AEAWAVE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGIE PROCTOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECT
ReturnHeader/BusinessOfficerGrp/PhoneNum09414868600
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD AQUATIC COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0201534632
ReturnHeader/Filer/PhoneNum09122893559
ReturnHeader/Filer/USAddress/AddressLine1Txt01618 ELLIS ST
ReturnHeader/Filer/USAddress/CityNm0BRUNSWICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0315206737
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200396831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MYERS & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02523 STICKNEY POINT RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034231
ReturnHeader/PreparerPersonGrp/PhoneNum09419234085
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT J MYERS CPA
ReturnHeader/ReturnTs02025-05-13T15:31:18-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.08$0.02$1.10$1.05$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.10$0.03$1.13$1.20$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.08$0.04$1.10$1.16$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.01$0.10$0.82$0.77$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.03$0.05$0.67$0.73$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$1.10$1.10$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.01$0.13$1.23$1.17$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$1.05$1.05$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$1.16$1.13$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.03$0.04$1.06$1.05$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.04$0.03$1.02$0.98$0.03
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.09$0.00$1.04$0.98$0.07
2012Summary only. Only limited summary data is available for this year.$0.05$0.12$0.07$1.04$1.11$0.07
2011Summary only. Only limited summary data is available for this year.$0.08$0.08$0.00$1.00$0.99$0.02
2010Summary only. Only limited summary data is available for this year.$0.08$0.09$0.01$1.06$1.07$0.00