Verna S Oller Aquatic Trust is a 501(c)(3) organization based in Long Beach, Washington, registered in 2015, with $165,006 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$165K
▲ 102.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$215K
Net assets
$3.7M
Employees
—
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 Verna S Oller Aquatic Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Verna S Oller Aquatic Trust: 207 mo reserves · -30% margin earns a D on this criterion. See the exact thresholds →
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 Verna S Oller Aquatic Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Verna S Oller Aquatic Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $4.7M (FY2015) to $165K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-30.2%
Spent more than it raised in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$0
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $165,006▲102% | $214,797▼44.5% | $3,697,118▼1.4% | $3,697,118▼1.4% | 990PF |
| 2023 | $81,560▼19.6% | $386,745▲85.2% | $3,749,279▼7.6% | $3,749,279▼7.6% | 990PF |
| 2022 | $101,427▼83.5% | $208,827▲53.8% | $4,055,835▼2.8% | $4,055,835▼2.8% | 990PF |
| 2021 | $615,940▲476% | $135,781▲48.2% | $4,171,005▲13.0% | $4,171,005▲13.0% | 990PF |
| 2020 | $106,982▼43.8% | $91,623▼46.5% | $3,691,964▲0.3% | $3,691,964▲0.3% | 990PF |
| 2019 | $190,488▲13.7% | $171,375▲2.4% | $3,679,885▲0.4% | $3,679,885▲0.4% | 990PF |
| 2018 | $167,491▼18.7% | $167,316▼3.0% | $3,663,609▼0.2% | $3,663,609▼0.2% | 990PF |
| 2017 | $205,976▲32.7% | $172,514▲105% | $3,669,455▲0.9% | $3,669,455▲0.9% | 990PF |
| 2016 | $155,202▼96.7% | $83,978▼94.5% | $3,638,421▲1.9% | $3,638,421▲1.9% | 990PF |
| 2015 | $4,731,526 | $1,515,347 | $3,571,599 | $3,571,599 | 990PF |
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.
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Data for Verna S Oller Aquatic Trust (EIN 47-2262881) 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.