# Hydroelite Aquatics Team Inc

Swimming and water sports nonprofit in Friendswood, Texas 77546. EIN 88-2447418. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/882447418-hydroelite-aquatics-team-inc

## Mission (the organization's own words)

> To develop & promote the sport of competitive swimming for young athletes to compete in high school, college, and to strive to make the u.s. Olympic team. To foster national or international amateur sports competition.

Source: Form 990-EZ, year ending Dec 2024: https://projects.propublica.org/nonprofits/organizations/882447418/202531539349200753/full

## IRS facts

- Type: Swimming and water sports (IRS activity code N67)
- Tax status: 501(c)(3), contributions deductible, recognized 2022
- 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 | $175,375 | $147,442 | $57,911 | $54,283 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/882447418/202531539349200753/full) |
| Dec 2023 | $143,534 | $127,040 | $29,547 | $26,350 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/882447418/202421349349204367/full) |

Revenue sources, year ending Dec 2024: gifts and grants $80, program fees $9,674, investment income $0.

Growth label: **Growing** (about +22% a year, Dec 2023 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: 3 of 20 amateur sports nonprofits in Friendswood.
- Revenue $225,427 is higher than roughly 60 to 70% of 1,107 amateur sports nonprofits in Texas; median $136,579.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Galveston County, Texas: about 84,636 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 168 youth and community nonprofits in this directory in the county: 2.0 per 1,000 children.
- Licensed programs in Friendswood: 20 licensed child care centers, 2 school-age programs: https://backpr.com/find/texas/friendswood
- Texas rules: https://backpr.com/resources/states/texas

## Questions

**What is Hydroelite Aquatics Team Inc's EIN?**

Hydroelite Aquatics Team Inc's EIN (Employer Identification Number) is 88-2447418. 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 Hydroelite Aquatics Team Inc a nonprofit?**

Yes. The IRS lists Hydroelite Aquatics Team Inc in Friendswood, Texas as tax-exempt under section 501(c)(3), recognized since 2022. 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 Hydroelite Aquatics Team Inc tax-deductible?**

Yes, the IRS lists gifts to Hydroelite Aquatics Team 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 Hydroelite Aquatics Team Inc do?**

In its own words on its Form 990 for the year ending Dec 2024: "To develop & promote the sport of competitive swimming for young athletes to compete in high school, college, and to strive to make the u.s. Olympic team. To foster national or international amateur sports competition." The IRS classifies it as: Swimming and water sports.

**How much money does Hydroelite Aquatics Team Inc take in?**

For the year ending Dec 2024, Hydroelite Aquatics Team Inc reported total revenue of $175,375 and total expenses of $147,442 on its Form 990-EZ (IRS Form 990 e-file data).

---
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.