# Cat 5 Aquatics Inc

Swimming and water sports nonprofit in Panama City, Florida 32406. EIN 59-3582323. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/593582323-cat-5-aquatics-inc

## Mission (the organization's own words)

> To promote and support the growth of youth swimming in the panama city/bay county area

Source: Form 990, year ending Dec 2024: https://projects.propublica.org/nonprofits/organizations/593582323/202610619349300726/full

## IRS facts

- Type: Swimming and water sports (IRS activity code N67)
- Tax status: 501(c)(3), contributions deductible, recognized 2003
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2024 | $278,773 | $358,261 | $42,446 | $42,446 | 0 | 30 | [Form 990](https://projects.propublica.org/nonprofits/organizations/593582323/202610619349300726/full) |
| Dec 2023 | $432,114 | $357,187 | $121,934 | $121,934 | 0 | 30 | [Form 990](https://projects.propublica.org/nonprofits/organizations/593582323/202511209349301516/full) |
| Dec 2022 | $387,553 | $361,227 | $47,007 | $47,007 | 0 | 30 | [Form 990](https://projects.propublica.org/nonprofits/organizations/593582323/202343189349304369/full) |

Expense split, year ending Dec 2024: programs $354,979 (99%), management $3,282 (1%), fundraising $0 (0%).

Revenue sources, year ending Dec 2024: gifts and grants $19,101, program fees $259,664, investment income $8.

Growth label: **Shrinking** (about -15% a year, Dec 2022 to Dec 2024). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 2 of 21 amateur sports nonprofits in Panama City.
- Revenue $278,773 is higher than roughly 70 to 80% of 866 amateur sports nonprofits in Florida; median $131,660.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

- Licensed programs in Panama City: 32 licensed child care centers, 2 school-age programs: https://backpr.com/find/florida/panama-city
- Florida rules: https://backpr.com/resources/states/florida

## Questions

**What is Cat 5 Aquatics Inc's EIN?**

Cat 5 Aquatics Inc's EIN (Employer Identification Number) is 59-3582323. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Cat 5 Aquatics Inc a nonprofit?**

Yes. The IRS lists Cat 5 Aquatics Inc in Panama City, Florida as tax-exempt under section 501(c)(3), recognized since 2003. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Cat 5 Aquatics Inc tax-deductible?**

Yes, the IRS lists gifts to Cat 5 Aquatics Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Cat 5 Aquatics Inc do?**

In its own words on its Form 990 for the year ending Dec 2024: "To promote and support the growth of youth swimming in the panama city/bay county area" The IRS classifies it as: Swimming and water sports.

**How much money does Cat 5 Aquatics Inc take in?**

For the year ending Dec 2024, Cat 5 Aquatics Inc reported total revenue of $278,773 and total expenses of $358,261 on its Form 990 (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.