Virginia · Nonprofit
HANOVER AQUATICS INC
HANOVER AQUATICS INC (Virginia) receives grants from 3 organizations whose IRS filings report $11,325 to it, the largest being USA Swimming Foundation Inc ($8,750). 1 of them have funded it in more than one year.
- Revenue FY2025
- $591k
- Funders on record
- 3
- Grants received
- $11k
- Net assets
- $37k
What Hanover Aquatics Inc does
Mission
Mission: - to provide excellence in training through professional coaching where all swimmers have the opportunity to achieve their potential and compete at their highest level. - to develop dynamic team spirit where all swimmers, coaches and families encourage and support each other's goals. - to provide a program that believes in the power of teaching valuable life lessons through swimming that translates in to high character that promotes successes in and out of the water. - to provide safety, support and strength through the sport of swimming. Vision: through the sport of competitive swimming instill dedication, determination and desire for a lifelong love of swimming and to build a program of excellence in training, dynamic team spirit, and high character development with family support with a safe environment.
As stated on its FY2025 Form 990.
Program
To provide an environment for the sport of competitive swimming instill dedication, determination and desire for a lifelong love of swimming and to build a program of excellence in training, dynamic team spirit, and high character development with family support with a safe environment.
$612,024 spent$529,133 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $612,024.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $66k to $114k (+74%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 9%. Grants only. Government contracts and fees sit inside program revenue.
11% of HANOVER AQUATICS INC’s revenue is contributions — about as donation-reliant as the typical peer (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base held at 2 funders, grant income fell $9k → $2k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HANOVER AQUATICS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HANOVER AQUATICS INC leans on a few funders — its largest provides 77% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HANOVER AQUATICS INC.
Largest funder’s share by year: 2020 99% · 2021 100% · 2022 100% · 2023 75% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
HANOVER AQUATICS INC draws 100% of its grant income from funders outside Virginia, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HANOVER AQUATICS INC's revenue grew 52% between 2019 and 2025.
this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025
Organizations like HANOVER AQUATICS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HANOVER AQUATICS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HANOVER AQUATICS INC?
- HANOVER AQUATICS INC (Virginia) receives grants from 3 organizations whose IRS filings report $11,325 to it, the largest being USA Swimming Foundation Inc ($8,750). 1 of them have funded it in more than one year.
- How many funders does HANOVER AQUATICS INC have?
- IRS filings report 3 organizations giving $11,325 in grants to HANOVER AQUATICS INC, 1 of which have funded it in more than one year.
- Who is the largest funder of HANOVER AQUATICS INC?
- USA Swimming Foundation Inc is the largest funder on record, with $8,750 in grants. The full list of funders is on this page.
- How can an organization like HANOVER AQUATICS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hanover Aquatics →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing