Civic Intelligence

Blue Wave Aquatics

990EZ • Fiscal year 2024 • EIN 90-0032557

Jan 01, 2024 to Dec 31, 2024 • Filed on May 29, 2025

PO Box 24038Federal Way, WA 98093

(206) 423-8043

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-1.9%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$32,416

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 49.1% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-1.5%

Faster asset growth than 44% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

10%

Faster revenue growth than 59% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$41,265

Down $615 (-1.5%) from 2023

Net Assets

Down

$38,936

Down $1,224 (-3.0%) from 2023

Liabilities

Up

$2,329

Up $609 (+35%) from 2023

Revenue

Up

$65,973

Up $6,085 (+10%) from 2023

Expenses

Up

$67,212

Up $6,176 (+10%) from 2023

Net Income

Down

-$1,239

Down $91 (-7.9%) from 2023

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $10,544Liabilities 2010: $1,268Net Assets 2010: $9,2762010Assets 2011: $10,253Liabilities 2011: $1,304Net Assets 2011: $8,9492011Assets 2012: $14,795Liabilities 2012: $1,809Net Assets 2012: $12,9862012Assets 2013: $16,285Liabilities 2013: $1,5752013Assets 2014: $4,599Liabilities 2014: $1,2402014Assets 2015: $5,989Liabilities 2015: $1,1422015Assets 2016: $21,294Liabilities 2016: $1,1052016Assets 2017: $25,884Liabilities 2017: $4482017Assets 2018: $26,805Liabilities 2018: $1,1992018Assets 2019: $33,000Liabilities 2019: $1,0412019Assets 2020: $36,190Liabilities 2020: $10,0052020Assets 2021: $60,914Liabilities 2021: $1,088Net Assets 2021: $59,8262021Assets 2022: $42,862Liabilities 2022: $1,554Net Assets 2022: $41,3082022Assets 2023: $41,880Liabilities 2023: $1,720Net Assets 2023: $40,1602023Assets 2024: $41,265Liabilities 2024: $2,329Net Assets 2024: $38,9362024Assets 2025: $33,664Liabilities 2025: $2,171Net Assets 2025: $31,4932025

Highlighted filing

2024

Assets$41,265
Liabilities$2,329
Net Assets$38,936

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $102,232Expenses 2010: $103,428Net Income 2010: -$1,1962010Revenue 2011: $112,714Expenses 2011: $113,040Net Income 2011: -$3262011Revenue 2012: $138,740Expenses 2012: $134,703Net Income 2012: $4,0372012Revenue 2013: $145,075Expenses 2013: $143,351Net Income 2013: $1,7242013Revenue 2014: $124,495Expenses 2014: $135,904Net Income 2014: -$11,4092014Revenue 2015: $117,925Expenses 2015: $116,437Net Income 2015: $1,4882015Revenue 2016: $108,514Expenses 2016: $93,410Net Income 2016: $15,1042016Revenue 2017: $105,235Expenses 2017: $100,004Net Income 2017: $5,2312017Revenue 2018: $110,366Expenses 2018: $110,197Net Income 2018: $1692018Revenue 2019: $102,032Expenses 2019: $95,678Net Income 2019: $6,3542019Revenue 2020: $46,907Expenses 2020: $52,681Net Income 2020: -$5,7742020Revenue 2021: $88,548Expenses 2021: $54,907Net Income 2021: $33,6412021Revenue 2022: $55,047Expenses 2022: $73,565Net Income 2022: -$18,5182022Revenue 2023: $59,888Expenses 2023: $61,036Net Income 2023: -$1,1482023Revenue 2024: $65,973Expenses 2024: $67,212Net Income 2024: -$1,2392024Revenue 2025: $68,207Expenses 2025: $75,650Net Income 2025: -$7,4432025

Highlighted filing

2024

Revenue$65,973
Expenses$67,212
Net Income-$1,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 29, 2025
Return Version
2024v5.0
Gross Receipts
$84,186
Mission and Program Overview

Mission

Water safety and physical well-being of members

Program Services

DescriptionGrantsExpenses
US Masters Training Program - Approximately 100 adults over the age of 18 participated in organized programs to improve fitness and swimming skills. Specialized clinics, swim lessons and open water swims were offered.$0$67,893
Champs Swim Meet - A pool event hosted for swim clubs in the Pacific Northwest involving about 325 swimmers. Swimmers of ages from 18 to 100 years old are provided roughly 25 events to participate in.$0$10,289
Last Splash of Summer - An open water swimming competition held at Lake Meridian in Kent, Washington with approximately 100 swimmers participating.$0$7,243
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy NeelyHead CoachPT$29,622$2,794$32,416
Maddi RalstinPresident-$0--
Jim DupreeVice President-$0--
Patti CunninghamTreasurer-$0--
Kim MellickSecretary-$0--
Angela TurleyCommunications-$0--
Nellis KimMembership-$0--
Donatto GallardoMember-$0--
Eric DurbanMember-$0--
Caralee RendellMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Champs Swim Meet$17,223$17,223$1,269$15,954
Last Splash of Summer$11,664$8,210$5,303$2,907
Total Events$28,887$25,433$17,533$7,900
Filing and Contact Details

Filer

Filer Name
Blue Wave Aquatics
EIN
90-0032557
Phone
2064238043
Address
PO Box 24038, Federal Way, WA 98093

Signing Officer

Name
Eric Durban
Title
Board Member
Phone
2064238043
Signed
2025-05-29
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Form 990-EZ, Part I, Line 16 - Advertising, Club Management Software, Computer software, Event Hospitality, Office Supplies, Postage & Delivery, Special Recognition awards, Storage Unit, Website & E-mail, Other, WA St taxes, and Merchant Account Processing Fees

Form 990-EZ, Part I, Line 20

Form 990-EZ, Part I, Line 20 - Other Equity Changes- Deposit not returned

Form 990-EZ, Part II, Line 26

Form 990-EZ, Part II, Line 26 - Credit Card Balance & Payroll Tax Liabilities

Raw XML Appendix262 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Federal Way
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098093
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Head Coach
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Last Splash of Summer - An open water swimming competition held at Lake Meridian in Kent, Washington with approximately 100 swimmers participating.
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Champs Swim Meet
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Last Splash of Summer
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 16 - Advertising, Club Management Software, Computer software, Event Hospitality, Office Supplies, Postage & Delivery, Special Recognition awards, Storage Unit, Website & E-mail, Other, WA St taxes, and Merchant Account Processing Fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990-EZ, Part I, Line 20 - Other Equity Changes- Deposit not returned
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990-EZ, Part II, Line 26 - Credit Card Balance & Payroll Tax Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Extension filed
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Durban
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/PhoneNum02064238043
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUE WAVE AQUATICS
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0900032557
ReturnHeader/Filer/PhoneNum02064238043
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 24038
ReturnHeader/Filer/USAddress/CityNm0Federal Way
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098093
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-29T21:51:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.31$0.68$0.76$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.39$0.66$0.67$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.60$0.61$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.55$0.74$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$0.89$0.55$0.34
2020Summary only. Only limited summary data is available for this year.$0.36$0.10$0.47$0.53$0.06
2019Summary only. Only limited summary data is available for this year.$0.33$0.01$1.02$0.96$0.06
2018Summary only. Only limited summary data is available for this year.$0.27$0.01$1.10$1.10$0.00
2017Summary only. Only limited summary data is available for this year.$0.26$0.00$1.05$1.00$0.05
2016Summary only. Only limited summary data is available for this year.$0.21$0.01$1.09$0.93$0.15
2015Summary only. Only limited summary data is available for this year.$0.06$0.01$1.18$1.16$0.01
2014Summary only. Only limited summary data is available for this year.$0.05$0.01$1.24$1.36$0.11
2013Summary only. Only limited summary data is available for this year.$0.16$0.02$1.45$1.43$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.02$0.13$1.39$1.35$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.01$0.09$1.13$1.13$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.09$1.02$1.03$0.01