DEL MAR WATER POLO INC (EIN 264462813) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

BRETT ORMSBY

Phone

9493077778

Tax Period

2024-01-01 to 2024-12-31

DEL MAR WATER POLO INC, founded in 2009, is a community nonprofit in the Recreation & Sports sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO ASSIST ATHLETES IN THEIR DEVELOPMENT OF THE NECESSARY SKILLS TO BE SUCCESSFUL IN WATER POLO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,253

Program Service Revenue $1,148,265

Investment Income $12

Other Revenue $999

TOTAL REVENUE $1,153,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $525,308

Fundraising Expenses $0

Program Expenses $950,213

Other Expenses $603,581

TOTAL EXPENSES $1,128,889

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,153,529	$1,222,603	-0.1%
Expenses	$1,128,889	$1,310,715	-0.1%
Net Income	$24,640	$-88,112	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$78,600

Total Directors

$78,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT ORMSBY	CHIEF EXECUTIVE OFFICER	3.00	Officer Director	$16,500	$0	$16,500
RYDER ROBERTS	SECRETARY	3.00	Officer Director	$0	$0	$0
JASON HOWERTON	CHIEF FINANCIAL OFFICER	3.00	Officer Director	$0	$0	$0
TOMMY CORCORAN	BOARD MEMBER	18.00	Officer Director	$62,100	$0	$62,100
SEAN GREEN	BOARD MEMBER	3.00	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	$1,153,529	$1,128,889	$206,280	$24,640
2023	$1,222,603	$1,310,715	$181,250	$-88,112
2022	$912,179	$902,844	$272,299	$9,335
2021	$530,281	$451,621	$225,958	$78,660
2020	$338,549	$372,592	$230,964	$-34,043
2019	$472,058	$472,971	$221,013	$-913
2018	$750,750	$672,630	$229,516	$78,120

DEL MAR WATER POLO INC