Maverick Aquatics is located in Gresham, OR. The organization was established in 2014. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maverick Aquatics is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Maverick Aquatics generated $48.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (28.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
PROMOTION OF COMPETITVE SWIM PROGRAM IN THE STATE OF OREGON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alicia Watkins Treasurer | 7 | $6,000 | |
Nacin Bouferrache Director | 5 | $0 | |
Rod Lundgren Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $48,912 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $10 |
Other Revenue | $0 |
Total Revenue | $48,922 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,116 |
Professional fees and other payments to independent contractors | $4,643 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $177 |
Other expenses | $11,453 |
Total expenses | $33,389 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,031 |
Other assets | $0 |
Total assets | $19,031 |
Total liabilities | $8,798 |
Net assets or fund balances | $10,233 |
Over the last fiscal year, we have identified 1 grants that Maverick Aquatics has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |