Civic Intelligence

East Carolina Aquatics Inc

EIN 56-1816657 • 501(c)3 • Greenville, NC

Profile

Swim education & competition

2865 Charles BlvdGreenville, NC 27858

www.swimeca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

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

NTEE N67 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

NTEE N67 • <$500k nonprofits • Source year 2025

Net Margin

27th percentile

-4.1%

Higher net margin than 27% of similar nonprofits.

NTEE N67 • <$500k nonprofits • Source year 2025

Top Officer Pay

100th percentile

$76,100

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

NTEE N67 • <$500k nonprofits • Source year 2025

Asset Growth

30th percentile

-8.4%

Faster asset growth than 30% of similar nonprofits.

NTEE N67 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

11th percentile

-27%

Faster revenue growth than 11% of similar nonprofits.

NTEE N67 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$222,116

Down $20,355 (-8.4%) from 2024

Liabilities

Down

$6,023

Down $2,166 (-26%) from 2024

Net Assets

Down

$216,093

Down $18,189 (-7.8%) from 2024

Revenue

Down

$440,654

Down $164,750 (-27%) from 2024

Expenses

Down

$458,843

Down $133,398 (-23%) from 2024

Net Income

Down

-$18,189

Down $31,352 (-238%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $46,829Liabilities 2011: $0Net Assets 2011: $46,8292011Assets 2012: $71,970Liabilities 2012: $0Net Assets 2012: $71,9702012Assets 2013: $104,036Liabilities 2013: $0Net Assets 2013: $104,0362013Assets 2014: $83,056Liabilities 2014: $0Net Assets 2014: $83,0562014Assets 2015: $85,734Liabilities 2015: $0Net Assets 2015: $85,7342015Assets 2016: $28,134Liabilities 2016: $0Net Assets 2016: $28,1342016Assets 2017: $59,621Liabilities 2017: $1,129Net Assets 2017: $58,4922017Assets 2018: $24,262Liabilities 2018: $22,212Net Assets 2018: $2,0502018Assets 2019: $60,979Liabilities 2019: $20Net Assets 2019: $60,9592019Assets 2020: $122,397Liabilities 2020: $72,561Net Assets 2020: $49,8362020Assets 2021: $183,440Liabilities 2021: $72,859Net Assets 2021: $110,5812021Assets 2022: $180,505Liabilities 2022: $8,049Net Assets 2022: $172,4562022Assets 2023: $229,601Liabilities 2023: $8,482Net Assets 2023: $221,1192023Assets 2024: $242,471Liabilities 2024: $8,189Net Assets 2024: $234,2822024Assets 2025: $222,116Liabilities 2025: $6,023Net Assets 2025: $216,0932025

Highlighted filing

2025

Assets$222,116
Liabilities$6,023
Net Assets$216,093

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $291,289Expenses 2011: $303,112Net Income 2011: -$11,8232011Revenue 2012: $312,152Expenses 2012: $287,011Net Income 2012: $25,1412012Revenue 2013: $344,973Expenses 2013: $312,907Net Income 2013: $32,0662013Revenue 2014: $459,909Expenses 2014: $480,889Net Income 2014: -$20,9802014Revenue 2015: $482,850Expenses 2015: $480,172Net Income 2015: $2,6782015Revenue 2016: $493,125Expenses 2016: $550,725Net Income 2016: -$57,6002016Revenue 2017: $607,419Expenses 2017: $577,061Net Income 2017: $30,3582017Revenue 2018: $552,423Expenses 2018: $608,865Net Income 2018: -$56,4422018Revenue 2019: $666,050Expenses 2019: $607,141Net Income 2019: $58,9092019Revenue 2020: $500,272Expenses 2020: $511,395Net Income 2020: -$11,1232020Revenue 2021: $567,564Expenses 2021: $506,819Net Income 2021: $60,7452021Revenue 2022: $624,039Expenses 2022: $562,164Net Income 2022: $61,8752022Revenue 2023: $622,053Expenses 2023: $573,390Net Income 2023: $48,6632023Revenue 2024: $605,404Expenses 2024: $592,241Net Income 2024: $13,1632024Revenue 2025: $440,654Expenses 2025: $458,843Net Income 2025: -$18,1892025

Highlighted filing

2025

Revenue$440,654
Expenses$458,843
Net Income-$18,189

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.22$0.06$2.16$4.41$4.59$0.18
2024Detailed filing. Detailed filing data is available for this year.$2.42$0.08$2.34$6.05$5.92$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.30$0.08$2.21$6.22$5.73$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.81$0.08$1.72$6.24$5.62$0.62
2021Detailed filing. Detailed filing data is available for this year.$1.83$0.73$1.11$5.68$5.07$0.61
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.73$0.50$5.00$5.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$6.66$6.07$0.59
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.22$0.02$5.52$6.09$0.56
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.58$6.07$5.77$0.30
2016Summary only. Only limited summary data is available for this year.$0.28$0.00$0.28$4.93$5.51$0.58
2015Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$4.83$4.80$0.03
2014Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$4.60$4.81$0.21
2013Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$3.45$3.13$0.32
2012Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$3.12$2.87$0.25
2011Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$2.91$3.03$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$454,616
Mission and Program Overview

Mission

Swim education & competition

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,714$107,546▲ $6,832
Cash and Non-Interest-Bearing Accounts$127,876$104,690▼ $23,186
Land, Buildings, and Equipment, Net$13,621$9,585▼ $4,036
Prepaid Expenses and Deferred Charges$260--
Other Notes and Loans Receivable, Net-$180-
Total Assets$242,471$222,116▼ $20,355
Other Assets Total-$115-
Liabilities
Other Liabilities$8,189$6,023▼ $2,166
Total Liabilities$8,189$6,023▼ $2,166
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$234,282$216,093▼ $18,189
Total Net Assets Fund Balance$234,282$216,093▼ $18,189
Total Liabilities and Net Assets / Fund Balance$242,471$222,116▼ $20,355

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,585$39,414$48,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Casey CharlesCEOFT$76,100$76,100

Board Members and Trustees

NameTitle
Bob LandryPresident
Scott FisherMember at La
Brooke BleauMember-at-la
Joy CullenMember-at-la
Lori EldridgeMember-at-la
Theresa JohnsonMember-at-la
Mark BowlerSecretary
Kyle RusthovenTreasurer
Megan BowenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,510
Program Service Revenue
$439,631
Investment Income
$6,832
Other Revenue
$-9,319
All Other Contributions
$3,510
Change in Net Assets
$-18,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,944
Other Expenses$178,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,526$59,763-$179,289
Current Officers, Directors, Trustees, and Key Employees$50,733$25,367-$76,100
Occupancy$66,165--$66,165
Payroll Taxes$13,199$6,599-$19,798
Office Expenses-$17,054-$17,054
Fees for Services Accounting-$12,415-$12,415
Other Employee Benefits$3,171$1,586-$4,757
Insurance$2,719$1,360-$4,079
Depreciation Depletion$4,036--$4,036
Travel$3,121--$3,121
Information Technology-$2,545-$2,545
Other Expenses$1,625--$1,625
All Other Expenses$934$643-$1,577
Advertising-$686-$686
Total Functional Expenses$330,825$128,018$0$458,843
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
Federal W/h Payable$1,653
Fcb Credit Card Payable$1,413
Fica W/h Payable$1,036
Accrued Payroll Taxes Payable$1,036
Nc W/h Payable$864
Payroll Taxes Payable$21
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

Form 990 is presented to the board at monthly board meeting or via email. Board members review the form & vote for filing approval. Form 990 is filed the day following board approval.

Form 990, Page 6, Part VI, Line 19

Notice is posted on website stating form 990 is complete, filed, & open for inspection. Notice also given via email to all families involved with the organization.

Filing and Contact Details

Filer

Filer Name
East Carolina Aquatics Inc
EIN
56-1816657
Phone
2523530677
Address
2865 CHARLES BLVD, GREENVILLE, NC 27858

Signing Officer

Name
Casey Charles
Title
CEO
Phone
2523411044
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Bowler
Formed
1993
Voting Board Members
10
Independent Board Members
10
Employees
39

Preparer

Firm
Joyner & Associates CPA Pa
Address
2865 CHARLES BLVD, GREENVILLE, NC 27858
Preparer
Virginia L Jones
Phone
2523530677
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTICE IS POSTED ON WEBSITE STATING FORM 990 IS COMPLETE, FILED, & OPEN FOR INSPECTION. NOTICE ALSO GIVEN VIA EMAIL TO ALL FAMILIES INVOLVED WITH THE ORGANIZATION.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST CAROLINA AQUATICS INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOYNER & ASSOCIATES CPA PA

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