ASSOCIATION OF AQUATIC PROFESSIONALS
Mission Statement
The Association of Aquatic Professionals is a domestic 501(c)(3) nonprofit that exclusively promotes and advocates policies, practices, and procedures that contribute to safer and improved aquatic education, recreation activities, programs, and facilities. We provide and support quality aquatic education opportunities; coordinate and conduct research in aquatic management and safety; promote coordination between established aquatic associations; and provide an annual conference and educational workshops on drowning prevention. A portion of all proceeds supports drowning prevention — Learn to Swim lessons and life jacket grants.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.3% | 93.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.0% | 4.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1216.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.2 mo | 29.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 2.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.5% | 87.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
26.5% | 7.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
37.3% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.5% | 7.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $859K | $795K | $674K | 74.3% | 5 |
| 2023 | $679K | $579K | $610K | 89.0% | 4 |
| 2022 | $511K | $440K | $510K | 86.6% | 3 |
| 2021 | $429K | $359K | N/A | — | 2 |
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