Laguna Niguel, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)IRVINE YOUTH WATER POLO CORPORATION, founded in 2006, is a community nonprofit in the Recreation & Sports sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 7% surplus.
The specific purpose of this corporation is for water polo instruction, practices, and tournament competition for youths between the ages of six and eighteen.
Water polo tournament competitons for youth ages 8 to 18. We organize, orchestrate, and operate the highest level of youth water polo competition events. These competitions provide a necessary...
Water polo tournament competitons for youth ages 8 to 18. We organize, orchestrate, and operate the highest level of youth water polo competition events. These competitions provide a necessary experience over and above training and instruction, for our own members as well as other local, regional, and national youth athletes. We have consistently run these events year after year. In addition to our own long running legacy events, we also host major competitions for USA Water Polo, the national governing body for the sport, as well as offering event support to other groups to elevate the level of their events. Needless to say, the Covid pandemic has hit us hard, as one can see from the negative return for 2020, and if not for Federal and local grants, and Federal EIDL loan we would have needed to shut our doors. In 2021 we were able to begin hosting events in July in order to resume this aspect of our Mission and Program Service Accomplishments. In 2022 we were back to pre-Covid levels but with increased costs of operations forcing increased entry fees increasing our gross as well as expenses. In 2023 we continued to experience increasing costs for operation of events but without increasing entry fees.
National Junior Olympics. This exempt Program Servce could be included in Water Polo Tournament Competitions, but due to its size, and not hosting this event annually, we show it separately. In years...
National Junior Olympics. This exempt Program Servce could be included in Water Polo Tournament Competitions, but due to its size, and not hosting this event annually, we show it separately. In years where we do host this event for USA Water Polo, as in 2019, our gross income and expenses both rise substantially. When we do not host this event, we are asked to support it, however as this event was not held in 2020 due to the Covid pandemic, we showed a net loss for this year as we have carryover expenses from 2019 paid for in 2020. In 2021 we were allowed to host this event in a modified manner with only California teams allowed to participate, and we will have expenses for this event carried into 2022. We indeed had expenses that carried over into 2022 for National Junior Olympics held in 2021. In 2023 we hosted Junior olympics once again, however a large part of the income and expense shifted to USA Water Polo.
Water Polo Instruction and Training. We offer monthly or quarterly options, and a 2-week trial for those new to the sport in order to teach skills and competition strategy at the introductory...
Water Polo Instruction and Training. We offer monthly or quarterly options, and a 2-week trial for those new to the sport in order to teach skills and competition strategy at the introductory, beginner, intermediate and advanced levels. We strive with our youth athletes to instill sportsmanship and a positive teamwork ethic along with the importance of academics, which we hope they will carry with them throughout their lives. We also assist our members with matriculation into institutions of higher learning through education of the matriculation process, prowess within the sport, and emphasis on the importance of academic excellence. Revenue shown in this section is for training and competition fees in order to support coaching costs of training and competitions, and entry fees for events. The negative return in this section for 2020 is due to the Covid pandemic. In 2021 we were gradually allowed to reopen, however combined with another non-profit entity in order to survive.. We did go to months of Virtual Training until we could gradually get back to in-water training, but in order to fully support this aspect of our Mission and Program Service Accomplishments we have combined training and competition efforts with another 501c3 entity, North Irvine Water Polo Club. In 2022 our merged training with North Irvine WPC continued. We continued combined training and competition with North Irvine in 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,917,296 | $1,693,869 | +0.1% |
| Expenses | $1,782,899 | $1,967,530 | -0.1% |
| Net Income | $134,397 | $-273,661 | -1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nicholas J Baba | President & CEO | 0.00 |
Officer
|
$93,622 | $0 | $93,622 |
| Peter Barbrick | Controller | 0.00 |
Director
|
$0 | $0 | $0 |
| Victoria Hallam | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Marold Kamai | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Barbara Hinman | Secretary | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,917,296 | $1,782,899 | $186,568 | $134,397 |
| 2022 | $1,693,869 | $1,967,530 | $52,171 | $-273,661 |
| 2021 | $1,416,227 | $1,095,599 | $325,832 | $320,628 |
| 2020 | $589,842 | $781,755 | $5,204 | $-191,913 |
Compare IRVINE YOUTH WATER POLO CORPORATION with other nonprofits in California and across the country.