ORANGE COUNTY WATER POLO CLUB

EIN: 260842452 501(c)(3) Recreation & Sports

LAGUNA NIGUEL, CA

Total Revenue
$544,647
Total Expenses
$542,174
Total Assets
$20,026
Net Assets
$20,026
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
PETER ASIC
Phone
9499393169
Tax Period
2023-01-01 to 2023-12-31

ORANGE COUNTY WATER POLO CLUB, founded in 2007, is a small nonprofit in the Recreation & Sports sector that reported $545K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

TO PROVIDE STRUCTURED AND CONSTRUCTIVE PRACTICES WHERE ATHLETES CAN DEVELOP CHARACTER AND MASTER WATER POLO SKILLS. THE OBJECTIVE IS TO RECRUIT ATHLETES AT A YOUNG AGE AND FOCUS ON DEVELOPING A SOLID FOUNDATION OF TECHNICAL AND TACTICAL PRACTICE, PATIENCE, AND PERSISTENCE.

Program Service Accomplishments

Program 1
Expenses: $422,700 Revenue: $439,061

WORLD CLASS COACHES OUR COACHES ARE SOME OF THE BEST IN THE BUSINESS. THEY KNOW THE GAME OF WATER POLO INSIDE AND OUT. THEY PLAYED HIGH-LEVEL WATER POLO THEMSELVES IN HIGH SCHOOL, COLLEGE, AND AT THE...

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WORLD CLASS COACHES OUR COACHES ARE SOME OF THE BEST IN THE BUSINESS. THEY KNOW THE GAME OF WATER POLO INSIDE AND OUT. THEY PLAYED HIGH-LEVEL WATER POLO THEMSELVES IN HIGH SCHOOL, COLLEGE, AND AT THE NATIONAL LEVEL. THAT'S WHY ORANGE COUNTY WATER POLO IS THE GO-TO WATER POLO CLUB FOR DEVELOPING PLAYERS' SKILLS AND TECHNIQUES FROM 10 & UNDER THROUGH COLLEGE. OUR CLUB'S FOCUS IS TO BUILD GOOD, ALL-AROUND PLAYERS THROUGH HARD WORK AND POSITIVE OUTCOMES. AND WE TAKE GREAT PRIDE WHEN OUR ATHLETES SUCCEED OFF THE POOL DECK AS WELL.

Program 2
Expenses: $58,602 Revenue: $60,870

TOURNANENT COSTSORANGE COUNTY WATER POLO CLUB IS PROUD TO ANNOUNCE THE SELECTION OF THREE OF ITS FEMALE ATHLETES FOR USA WATER POLO'S HOLIDAY CAMP.UNDER THE GUIDANCE OF THE OLYMPIC DEVELOPMENT...

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TOURNANENT COSTSORANGE COUNTY WATER POLO CLUB IS PROUD TO ANNOUNCE THE SELECTION OF THREE OF ITS FEMALE ATHLETES FOR USA WATER POLO'S HOLIDAY CAMP.UNDER THE GUIDANCE OF THE OLYMPIC DEVELOPMENT PROGRAM (ODP), THE CAMP WILL FOCUS ON SPECIFIC TRAINING TECHNIQUES USED BY THE CURRENT WOMEN'S NATIONAL WATER POLO TEAM, INCLUDING RIGOROUS DRY-LAND TRAINING AND CLASSROOM INSTRUCTION. EACH ATHLETE WILL HAVE A GREAT EXPERIENCE STAYING IN THE OLYMPIC TRAINING CENTER DORMS, LEARNING NEW SKILLS, AND MEETING NEW FRIENDS FROM ACROSS THE COUNTRY.

Program 3
Expenses: $38,311 Revenue: $39,794

WORLD CLASS FACILITIESORANGE COUNTY WATER POLO CLUB TRAINS AT THE BRAND NEW, STATE-OF-THE-ART CITY OF CLEMENTE SPORTS PARK. THE AQUATICS CENTER IS STRATEGICALLY POSITIONED TO SERVE ATHLETES IN...

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WORLD CLASS FACILITIESORANGE COUNTY WATER POLO CLUB TRAINS AT THE BRAND NEW, STATE-OF-THE-ART CITY OF CLEMENTE SPORTS PARK. THE AQUATICS CENTER IS STRATEGICALLY POSITIONED TO SERVE ATHLETES IN CENTRAL AND SOUTH ORANGE COUNTY. THE POOL IS A MODERN 50 METER POOL WITH VAST DECK SPACE, STADIUM BLEACHERS, AND AWNINGS TO MAKE IT A DESIRABLE LOCATION TO TRAIN, HOST TOURNAMENTS, AND RUN SCRIMMAGES. THE POOL IS KEPT WARM AT A CONSTANT TEMPERATURE BETWEEN 80-84 DEGREES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $544,647
Investment Income $0
Other Revenue $0
TOTAL REVENUE $544,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $524,352
Other Expenses $542,174
TOTAL EXPENSES $542,174

Year-over-Year Comparison

2023 2022 Change
Revenue $544,647 $638,235 -0.1%
Expenses $542,174 $664,653 -0.2%
Net Income $2,473 $-26,418 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$42,660
Total Directors
6
$42,660
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER ASIC DIRECTOR/PRESIDENT 20.00
Officer Director
$0 $42,660 $42,660
MARKO ASIC DIRECTOR/OFFICER 5.00
Officer Director
$0 $0 $0
LADA ASIC DIRECTOR/TREASURER 5.00
Officer Director
$0 $0 $0
ROBIN CARDEN DIRECTOR/OFFICER 5.00
Officer Director
$0 $0 $0
ELENA KALTENBACH DIRECTOR/SECRETARY 15.00
Officer Director
$0 $0 $0
FRANCES VANGRIN DIRECTOR/OFFICER 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $544,647 $542,174 $20,026 $2,473
2022 $638,235 $664,653 $23,472 $-26,418
2021 $412,095 $347,939 $60,730 $64,156
2020 $215,751 $218,449 $5,724 $-2,698
2019 $449,524 $462,186 $13,927 $-12,662
2018 $355,718 $361,292 $28,853 $-5,574
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