SOCAL WATER POLO FOUNDATION INC

EIN: 330869141 501(c)(3) Recreation & Sports

TUSTIN, CA

Total Revenue
$1,409,439
Total Expenses
$1,410,401
Total Assets
$228,440
Net Assets
$221,930
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
WILLIAM PEVEHOUSE
Phone
7147305397
Tax Period
2023-01-01 to 2023-12-31

SOCAL WATER POLO FOUNDATION INC, founded in 1998, is a community nonprofit in the Recreation & Sports sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

SOCAL WATER POLO FOUNDATION, INC. (SOCAL WPF) DEVELOPS STUDENT WATER POLO PLAYERS PRIMARILY IN THE TUSTIN UNIFIED SCHOOL DISTRICT (TUSD) HIGH SCHOOL AREAS OF BECKMAN, FOOTHILL AND TUSTIN HIGH SCHOOLS SO THAT THEY MAY PARTICIPATE IN HIGH SCHOOL AND COLLEGE WATER POLO AT LEVELS COMMENSURATE WITH THIR FULLY DEVELOPED TALENTS. SOCAL WPF INVESTS THOUSANDS OF DOLLARS EACH YEAR IN TUSD. SOCAL WPF PURSUES WINNING AND TEACHING THE LIFE LESSONS OF YOUTH SPORTS IN A POSITIVE ENVIRONMENT. SOCAL WPF SUPPORTS THE NOTION OF SCHOLAR-ATHLETES WHO EXCEL IN THE CLASSROOM, IN THEIR COMMUNITIES, IN THEIR FAMILIES, AND IN THE SWIMMING POOL. SOCAL WPF SEEKS TO ENHANCE AND DEVELOP SPORTSMANSHIP IN ATHLETES. SOCAL WPF'S BOARD, HEAD COUCHES, COACHING STAFF AND ALL MEMBERS SUPPORT THE FOLLOWING PRIORITIES: SCHOLASTICS - OUR ATHLETES ARE STUDENTS. WE SUPPORT THE NOTION OF SUCCESSFUL STUDENT ATHLETES. SUCCESS IN THE CLASSROOM AND THE ATHLETIC FIELD PROVIDES LOTS OF FUTURE CHOICES. GOOD STUDENTS MAKE BETTER WATER POLO PLAYERS AND AQUATICS SPORTS PROVIDE DISCIPLINE FOR MANY FACETS OF A LIFE WELL LIVED. CITIZENSHIP - CHARACTER MATTERS. GOOD CHARACTER PROVIDES THE MODEL FOR GOOD CITIZENSHIP. AMATEUR SPORTS TEACH MANY LIFE LESSONS - HOW TO WIN WITH CLASS OR LOSE WITH DIGNITY, HOW TO TRY YOUR HARDEST, HOW TO FAIL AND TRY AGAIN, HOW EFFORT MAKES A DIFFERENCE. HOW CONTINUOUS LEARNING FUELS A RICH LIFE, HOW TO SET AND ACHIEVE GOALS AND HOW MANAGING MISTAKES IS PART OF LIFE. WE TEACH RESPECT FOR OURSELVES, OUR TEAMMATES, OUR OPPONENTS, THE REFEREES AND THE RULES OF THE GAME. WE BUILD COMMUNITY. SWIMMING - SWIMMING IS A SKILL THAT CAN PROVIDE A LIFETIME OF ENJOYMENT. SWIMMING FAST IS A FUNDATMENT SKILL OF WATER POLO. GOOD SWIMMERS MAKE GOOD WATER POLO PLAYERS AND VICE VERSA. WE ENCOURAGE WATER POLO PLAYERS TO DEVELOP A PASSION FOR SWIMMING FAST AND BUILDING THEIR CARDIO BASE TO PLAY AT THE HIGHEST LEVELS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,409,439
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,409,439

Expense Breakdown

Grants Paid $11,975
Salaries & Benefits $496,016
Fundraising Expenses $0
Program Expenses $1,322,461
Other Expenses $902,410
TOTAL EXPENSES $1,410,401

Year-over-Year Comparison

2023 2022 Change
Revenue $1,409,439 $1,436,821 0.0%
Expenses $1,410,401 $1,439,293 0.0%
Net Income $-962 $-2,472 -0.6%
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
4
Employees
54
Volunteers
300

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
2
$94,800
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL KLATT DIRECTOR 20.00
Director
$0 $0 $0
KURT KRUMPHOLZ DIRECTOR 20.00
Director
$0 $0 $0
SCOTT MITCHELL DIRECTOR 20.00
Director
$0 $0 $0
WILL WOLLETT DIRECTOR 20.00
Director
$0 $0 $0
N/A SEC/TREAS 20.00
$0 $0 $0
ANDREW ROWE PRESIDENT 20.00
Officer
$86,400 $0 $86,400
F EDWARD REYNOLDS JR VICE PRESIDENT 20.00
Officer
$8,400 $0 $8,400
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 $1,409,439 $1,410,401 $228,440 $-962
2022 $1,436,821 $1,439,293 $228,740 $-2,472
2021 $974,787 $890,444 $225,364 $84,343
2020 $549,237 $586,245 $201,021 $-37,008
2019 $952,562 $897,834 $178,029 $54,728
2018 $912,018 $898,976 $123,301 $13,042
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