Is Arizona Seals Swimming Academy Legit?

Arizona Seals Swimming Academy demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation across all available filings, indicating good governance regarding executive pay, its recent financial performance shows a concerning trend. In the 202312 period, expenses significantly outstripped revenue ($84,599 vs. $68,011), resulting in a deficit. This contrasts with prior periods (202112 and 201912) where revenue exceeded expenses. The organization's assets have fluctuated, peaking in 202312 at $41,693, but the recent deficit suggests potential challenges in maintaining financial stability without drawing down reserves or increasing future revenue. The absence of reported liabilities across most periods is a positive indicator of financial health, but the recent operating loss warrants close monitoring.