Nonprofit · EIN 56-2452897
FLASHES AQUATICS INC
Also known as FRANKLIN TOWNSHIP SWIM CLUB
Tax-exempt (reinstated) · INDIANAPOLIS, IN 46259
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $448,871 | $395,037 | $53,834 | $218,794 | $0 | $218,794 |
| July 31, 2024 | 990 | $322,024 | $356,779 | -$34,755 | $164,960 | $0 | $164,960 |
| July 31, 2023 | 990 | $244,666 | $291,995 | -$47,329 | $199,715 | $0 | $199,715 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $204,259
- Membership dues
- $195,907
- Program service revenue
- $229,140
- Investment income
- $3
- Net income from fundraising events
- $14,389
- Other revenue
- $15,469
Expenses
- Grants and similar amounts paid
- $1,000
- Benefits paid to members
- $90,804
- Other salaries and wages
- $248,352
- Salaries, compensation and benefits (total)
- $275,433
- Professional fundraising fees
- $0
- Legal fees
- $22
- Accounting fees
- $350
- Occupancy
- $6,843
- Travel
- $2,882
- Program services (functional)
- $385,664
- Management and general (functional)
- $9,373
Balance sheet and other
- Total assets, start of year
- $164,960
- Total assets, end of year
- $218,794
- Total liabilities, end of year
- $0
- Net assets, end of year
- $218,794
- Gross receipts
- $452,088
- Employees
- 44
- Volunteers
- 25
- Year formed
- 2003
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Cox | President Officer | 7 | $0 |
| Matt Jeffries | Vice President Officer | 4 | $0 |
| Phil Beckman | Treasurer Officer | 5 | $0 |
| Andrew Wells | Secretary Officer | 4 | $0 |
| Christopher Desjean | Resource & Development Trustee or director | 4 | $0 |
990 for the year ended July 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Sewell | President Officer | 7 | $0 |
| Kim Welch | Vice President Officer | 4 | $0 |
| Travis Cox | Board Member Emeritus Officer | 5 | $0 |
| Shane Zimmerman | Treasurer Officer | 5 | $0 |
| Wendy Horton | Secretary Officer | 4 | $0 |
990 for the year ended July 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Sewell | President Officer | 7 | $0 |
| Lori Murray | Vice President Officer | 4 | $0 |
| Trina McWilliams | Board Member Emeritus Officer | 5 | $0 |
| Kristin Hand | Treasurer Officer | 5 | $0 |
| Wendy Horton | Secretary Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 6215 S FRANKLIN RD, INDIANAPOLIS, IN 46259-9600
- In care of
- % FLASHES AQUATICS
- Principal officer (990 for 2024)
- Travis Cox, 7752 Brandenburg Way, Indianapolis, IN 46239
- Signed the 990
- Phillip Beckman, Treasurer
- Phone
- (317) 850-2032
- Website
- www.ftswimming.org
- Return prepared by
- Florence Ball Teskey CPA
Mission
Flashes Aquatics is committed to developing athletes who achieve their highest potential technically, physically, and mentally while emphasizing strength in character, sportsmanship, and a life-long love of swimming.
Program accomplishments
- Swim Club: There are 125 student athlete members in the club. They practice 3 to 6 days per week, year round. Each practice is 1 to 2 hours depending on the group level. Coaches and life guards are paid to support these practices. Equipment, supplies and insurance are aditional costs for the club.Expenses $282,260 · revenue $195,907
- Swim Lessons: Lessons are offered 2 days per weekfor 30 to 45 minutes in April, May, June, September, October, November and December. We serve 300 children each year in the lesson program. The program teaches water safety first and stroke technique. The program develops swimmers for joing the swim clubExpenses $25,509 · revenue $61,457
- Swim Meets: Club swimmers participate in meets 2 weekends per month for about 8 months out of the year. Swimmers meeting time standards set by IN swimming go on to swim at divisional and state meets. All 125 members are eligible to participate in the meets.Expenses $77,895 · revenue $167,683
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 56-2452897
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $218,794
- Income (IRS master file)
- $452,088
Revocation and reinstatement
- Exemption revoked
- December 15, 2010
- Posted by the IRS
- August 10, 2011
- Reinstated
- Effective March 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $448,871 | $395,037 | $218,794 | IRS |
| 990 | July 2024 | $322,024 | $356,779 | $164,960 | XML |
| 990 | July 2023 | $244,666 | $291,995 | $199,715 | XML |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2452897).
Questions about FLASHES AQUATICS INC
- What is the EIN of FLASHES AQUATICS INC?
- The employer identification number (EIN) of FLASHES AQUATICS INC is 56-2452897.
- Is FLASHES AQUATICS INC tax-exempt?
- Yes. The IRS revoked its exemption on December 15, 2010 and reinstated it effective March 15, 2014.
- Are donations to FLASHES AQUATICS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLASHES AQUATICS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLASHES AQUATICS INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLASHES AQUATICS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of FLASHES AQUATICS INC?
- The 990 for the year ended July 31, 2025 names Travis Cox.
- Who are the officers and directors of FLASHES AQUATICS INC?
- The 990 for the year ended July 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FLASHES AQUATICS INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $448,871, expenses of $395,037 and total assets of $218,794 at year end.
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