Cat 5 Aquatics Inc
Only null% goes to programs Declining revenue
Cat 5 Aquatics Inc is a 501(c)(3) organization based in Panama City, Florida, registered in 2003, with $278,773 in FY2024 revenue. CharityIndex grades it D.
Po Box 15651, Panama City, FL, 32406 EIN 59-3582323 Since 2003
Revenue (FY2024)
$279K
▼ 35.5% vs prior year
Recreation median: $129K
Expenses (FY2024)
$358K
Net assets
$42K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cat 5 Aquatics Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating1 mo reserves · -29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cat 5 Aquatics Inc: 1 mo reserves · -29% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cat 5 Aquatics Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cat 5 Aquatics Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 15651, Panama City, FL, 32406
- City
- Panama City
- State
- Florida
- Category
- Recreation & Sports
- Subcategory
- Amateur Sports
- Website
- …
Financial trends
Revenue declined from $422K (FY2013) to $279K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $42K
Operating margin
-28.5%
Spent more than it raised in the latest fiscal year.
Total assets
$42K
Total liabilities
$0
Net assets
$42K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $278,773▼35.5% | $358,261▲0.3% | $42,446▼65.2% | $42,446▼65.2% | 990 |
| 2023 | $432,114▲11.5% | $357,187▼1.1% | $121,934▲159% | $121,934▲159% | 990 |
| 2022 | $387,553▼10.8% | $361,227▼9.2% | $47,007▲127% | $47,007▼23.4% | 990 |
| 2021 | $434,648▲49.8% | $397,789▲9.3% | $20,681▲228% | $61,350▲158% | 990 |
| 2020 | $290,146▼35.1% | $363,925▼14.8% | -$16,178▼128% | $23,789▼59.1% | 990 |
| 2019 | $447,137▲13.2% | $427,090▼1.0% | $57,601▲53.4% | $58,131▲54.8% | 990 |
| 2018 | $395,058▼10.1% | $431,225▼4.5% | $37,554▼49.1% | $37,554▼49.3% | 990 |
| 2017 | $439,284▼1.7% | $451,344▼3.0% | $73,721▼14.1% | $74,076▼14.2% | 990 |
| 2016 | $446,851▲5.1% | $465,463▲13.9% | $85,781▼17.8% | $86,371▼17.9% | 990 |
| 2015 | $425,084▲0.3% | $408,494▼2.5% | $104,393▲18.9% | $105,157▲19.8% | 990 |
| 2014 | $423,817▲0.3% | $418,881▼0.6% | $87,803▲6.0% | $87,803▲6.0% | 990 |
| 2013 | $422,440 | $421,412▲23.3% | $82,867▲1.3% | $82,830▲0.3% | 990 |
| 2012 | — | $341,708▲26.6% | $81,839▲19.0% | $82,614▲16.1% | 990 |
| 2011 | — | $269,926▲14.5% | $68,753▲28.1% | $71,182▲32.6% | 990 |
| 2010 | — | $235,761 | $53,670 | $53,670 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $15K total
1 grant to Cat 5 Aquatics Inc totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2018 | $15,098 |
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Frequently asked questions
- Is Cat 5 Aquatics Inc a legitimate nonprofit?
- Yes. Cat 5 Aquatics Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3582323, based in Panama City, Florida. Donations are tax-deductible.
- What is Cat 5 Aquatics Inc's EIN?
- Cat 5 Aquatics Inc's Employer Identification Number (EIN) is 59-3582323.
- How much revenue does Cat 5 Aquatics Inc report?
- Cat 5 Aquatics Inc reported $278,773 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cat 5 Aquatics Inc have?
- CharityIndex grades Cat 5 Aquatics Inc D, based on financial health (reserves and operating margin).
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Data for Cat 5 Aquatics Inc (EIN 59-3582323) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.