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Nonprofit · EIN 62-0678884

NASHVILLE AQUATIC CLUB

Tax-exempt · NASHVILLE, TN 37212

Financials

$1.5M$1.5M2023$1.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of NASHVILLE AQUATIC CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,395,367$1,464,805-$69,438$748,373$141,282$607,091
December 31, 2023990$1,451,148$1,473,652-$22,504$825,894$236,212$589,682
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,878
Program service revenue
$1,356,615
Investment income
$11,874
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$248,969
Other salaries and wages
$629,376
Salaries, compensation and benefits (total)
$953,641
Professional fundraising fees
$0
Accounting fees
$21,509
Occupancy
$196,785
Travel
$37,964
Depreciation
$846
Program services (functional)
$1,281,642
Management and general (functional)
$180,620
Fundraising (functional)
$2,543

Balance sheet and other

Total assets, start of year
$825,894
Total assets, end of year
$748,373
Total liabilities, end of year
$141,282
Net assets, end of year
$607,091
Land, buildings and equipment
$7,334
Net assets without donor restrictions
$607,091
Gross receipts
$1,395,367
Employees
49
Volunteers
350
Year formed
1980
State of legal domicile
TN

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIAM J MORSEVP/HEAD COACH
Trustee or director, Officer
60$206,345$5,000
FRANKLIN D WHARAM JRASSISTANT HEAD COACH
Highest-paid employee
40$130,824$3,924
ASHLEY BLACKBURNADMIN. DIRECTOR
Officer
40$42,624$1,279
LAURA TURNERPRESIDENT
Trustee or director, Officer
10$0$0
ALLEN ARENDERDIRECTOR
Trustee or director
10$0$0
JAY FRIENDIRECTOR
Trustee or director
10$0$0
LARRY HAYESDIRECTOR
Trustee or director
10$0$0
KEVIN HOLSTDIRECTOR
Trustee or director
10$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM J MORSEVP/HEAD COACH
Trustee or director, Officer
60$227,117$5,000
FRANKLIN D WHARAM JRASSISTANT HEAD COACH
Highest-paid employee
40$126,804$3,804
ASHLEY BLACKBURNADMIN. DIRECTOR
Officer
40$45,600$1,197
LAURA TURNERPRESIDENT
Trustee or director, Officer
10$0$0
ALLEN ARENDERDIRECTOR
Trustee or director
10$0$0
JAY FRIENDIRECTOR
Trustee or director
10$0$0
LARRY HAYESDIRECTOR
Trustee or director
10$0$0
KEVIN HOLSTDIRECTOR
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
PO BOX 128318, NASHVILLE, TN 37212-8318
In care of
% METRO BOARD OF PARKS
Principal officer (990 for 2024)
FRANKLIN D WHARAM JR, PO BOX 128318, NASHVILLE, TN 37212
Signed the 990
FRANKLIN D WHARAM JR, HEAD COACH
Phone
(615) 321-3510
Return prepared by
PURYEAR & NOONAN CPAS

Mission

THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ENCOURAGING AND ASSISTING SWIMMERS IN THE PROPER TRAINING AND INSTRUCTION IN AQUATIC SPORTS FOR PARTICIPATION IN AMATEUR SPORTS COMPETITION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDED INSTRUCTION FOR OVER 250 AMATEUR SWIMMERS OF VARIOUS AGES AND ABILITIES.
    Expenses $1,191,269 · revenue $1,076,415
  • THE ORGANIZATION COMPETED IN VARIOUS COMPETITIONS AT THE LOCAL, REGIONAL, AND NATIONAL LEVEL. THE COMPANY WAS RANKED AS ONE OF THE TOP CLUBS IN THE COUNTRY BY USA SWIMMING.
    Expenses $90,373 · revenue $280,200

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-0678884
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$748,373
Income (IRS master file)
$1,395,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,395,367$1,464,805$748,373XML
990-TDecember 2024–––IRS
990December 2023$1,451,148$1,473,652$825,894XML
990-TDecember 2023–––IRS
990December 2022$1,455,228$1,394,460$1,024,984IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990-TDecember 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 62-0678884).

Questions about NASHVILLE AQUATIC CLUB

What is the EIN of NASHVILLE AQUATIC CLUB?
The employer identification number (EIN) of NASHVILLE AQUATIC CLUB is 62-0678884.
Is NASHVILLE AQUATIC CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to NASHVILLE AQUATIC CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NASHVILLE AQUATIC CLUB 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 NASHVILLE AQUATIC CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NASHVILLE AQUATIC CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NASHVILLE AQUATIC CLUB?
The 990 for the year ended December 31, 2024 names FRANKLIN D WHARAM JR.
Who are the officers and directors of NASHVILLE AQUATIC CLUB?
The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $206,345 (WILLIAM J MORSE, VP/HEAD COACH).
How much revenue does NASHVILLE AQUATIC CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,395,367, expenses of $1,464,805 and total assets of $748,373 at year end.

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