WOMENS ATHLETIC PERFORMANCE FOUNDATION

EIN: 453783849 501(c)(3) Recreation & Sports

Santa Barbara, CA

Total Revenue
$7,339
Total Expenses
$4,438
Total Assets
$7,063
Net Assets
$7,063
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
Derek Masterson
Phone
8056897076
Tax Period
2023-01-01 to 2023-12-31

WOMENS ATHLETIC PERFORMANCE FOUNDATION, founded in 2012, is a micro nonprofit in the Recreation & Sports sector that reported $7K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 40% operating margin.

Mission

It is the mission of the Women's Athletic Performance Foundation(WAPF) DBA Santa Barbara Track Club (SBTC) to provide support to elite Track & Field athletes who aspire to compete at the highest levels in the world. Our supported athletes play a role in our community by serving as coaches and mentors to local youth through the Santa Barbara Youth Track Club.

Program Service Accomplishments

Program 1
Expenses: $2,147 Revenue: $4,438

The Women's Athletic Performance Foundation (WAPF) DBA Santa Barbara Track Club (SBTC) assists other organizations by providing services to them. The WAPF/SBTC is active in the community by providing...

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The Women's Athletic Performance Foundation (WAPF) DBA Santa Barbara Track Club (SBTC) assists other organizations by providing services to them. The WAPF/SBTC is active in the community by providing programs related to physical activities, self-esteem building, leadership building, and family engagin.9 activities. The WAPF/SBTC is available to provide services in these areas to local schools and other non-profit organizations in an effort to carry out our exempt purposes.

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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 $7,334
Investment Income $5
Other Revenue $0
TOTAL REVENUE $7,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,147
Other Expenses $4,438
TOTAL EXPENSES $4,438

Year-over-Year Comparison

2023 2022 Change
Revenue $7,339 $28,574 -0.7%
Expenses $4,438 $31,242 -0.9%
Net Income $2,901 $-2,668 -2.1%
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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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
8

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
1
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joshua Priester Trustee 3
Director
$0 $0 $0
David Monaco Trustee 3
Director
$0 $0 $0
Douglas Beatty Trustee 1
Director
$0 $0 $0
Tom FitzSimons Trustee 3
Director
$0 $0 $0
Derek Masterson President 15
Officer Key Emp
$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
2023 $7,339 $4,438 $7,063 $2,901
2022 $28,574 $31,242 $4,337 $-2,668
2021 $316,138 $331,853 $7,005 $-15,715
2020 $318,139 $331,959 $22,720 $-13,820
2019 $320,137 $378,934 $36,540 $-58,797
2018 $273,003 $334,288 $95,337 $-61,285
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