Velocity Aquatics

990EZ • Fiscal year 2020 • EIN 47-1567537

Sep 01, 2019 to Aug 31, 2020

Organization Profile WWW.VELOCITYACQUATICS.ORG

Delano, MN

Siviq Scores

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

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

9.1%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

No value available

This filing does not contain officer compensation rows.

Source year 2020

219%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-7.1%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets79th percentile

Assets

$53,325

Up $36,597 (+219%) from 2019

Net Assets

No earlier filing loaded for comparison.

Liabilities

$9,222

Up $495 (+5.7%) from 2019

Revenue And Expenses

Liabilities / Revenue72nd percentile Net Margin56th percentile

Revenue

Down

$168,537

Down $12,867 (-7.1%) from 2019

Expenses

Down

$153,271

Down $54,181 (-26%) from 2019

Net Income

$15,266

Up $41,314 (+159%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

Highlighted filing

2020

Assets$53,325

Liabilities$9,222

Net Assets-

Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

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

Highlighted filing

2020

Revenue$168,537

Expenses$153,271

Net Income$15,266

Open 2020 Filing

Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)

Jump To

Filing Snapshot

Filing Period: Sep 1, 2019 to Aug 31, 2020

Mission and Program Overview

Mission

The goal of our team is to proivde every member an opportunity to improve their swimming skills and achieve success at his or her level of ability, from novice to international competitor. Our mission is to build humble excellence in our youth, team, and community through a safe, healthy, and supportive swim environment. Our core values are dedication, perseverance, respect, integrity, and teamwork in a fun environment.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $53,325
Liabilities: $9,222
Net assets: -
Revenue: $168,537
Expenses: $153,271
Net income: $15,266

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.36	$0.25	$0.10	$2.22	$2.64	$0.41
2024Detailed filing. Detailed filing data is available for this year.	$1.01	$0.49	$0.52	$2.67	$2.65	$0.02
2023Detailed filing. Detailed filing data is available for this year.	$1.03	$0.53	$0.50	$2.51	$2.66	$0.15
2022Detailed filing. Detailed filing data is available for this year.	$0.89	$0.25	$0.64	$2.33	$2.39	$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.79	$0.09	$0.70	$2.21	$1.95	$0.26
2020Summary only. Only limited summary data is available for this year.	$0.53	$0.09		$1.69	$1.53	$0.15
2019Summary only. Only limited summary data is available for this year.	$0.17	$0.09		$1.81	$2.07	$0.26
2018Summary only. Only limited summary data is available for this year.	$0.37	$0.03		$0.93	$0.77	$0.16
2017Summary only. Only limited summary data is available for this year.	$0.24	$0.06		$0.79	$0.78	$0.00
2016Summary only. Only limited summary data is available for this year.	$0.23	$0.05		$0.73	$0.64	$0.09