Mission Viejo Nadadores Foundation
- Assets
- $3.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 263
- Location
- Mission Viejo, CA
- Founding
- 06/1985
- Data as of
- 09/2021
- EIN
- 33-0099234
Organization Overview
Mission Viejo Nadadores Foundation is located in Mission Viejo, CA. The organization was established in 1985. 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. As of 09/2021, Mission Viejo Nadadores Foundation employed 263 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Viejo Nadadores Foundation 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 09/2021, Mission Viejo Nadadores Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $3.2m during the year ending 09/2021. While expenses have increased by 8.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND DEVELOP PARTICIPANTS IN THE AMATEUR SPORTS OF DIVING, SWIMMING, MASTER'S SWIMMING AND INTRODUCE NEW PARTICIPANTS THROUGH EXTENSIVE LESSON AND WATER SAFETY TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIM/DIVE TEAM - DEVELOP AND SUPPORT PARTICIPANTS IN THE AMATEUR SPORTS OF DIVING AND SWIMMING THROUGH LESSONS, TRAINING AND PRACTICES.
COMMUNITY PROGRAMS - COMMUNITY PROGRAMS INCLUDE THE SWIM SCHOOL AND VISITOR USE OF THE POOLS. THE SWIM SCHOOL TEACHES PARTICIPANTS A PROGRESSIVE METHOD OF WATER SAFETY AND SWIM STROKES. VISITORS INCLUDE LOCAL AND INTERNATIONAL TEAMS USING THE FACILITIES TO TRAIN OR HOLD THEIR OWN COMPETITIONS, FURTHERING DEVELOPMENT OF THE SPORT.
DIVE & SWIM MEETS - HOSTED DIVE AND SWIM MEETS HELP PROMOTE AND DEVELOP THE SPORT. THEY PROVIDE THE OPPORTUNITY FOR PARTICIPANTS TO COMPETE USING SKILLS LEARNED AND TO SET AND WORK TOWARDS SPECIFIC GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schubert Head Swim Coach | 40 | $161,222 | |
Michele Mitchell Head Dive Coach | 40 | $151,139 | |
Jim Montrella Director | Trustee | 4.5 | $11,592 |
Kristin Yellin Vice President | OfficerTrustee | 3 | $0 |
Michael Gallegos Treasurer | OfficerTrustee | 3 | $0 |
Andrew Titus President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $269,005 |
| Related organizations | $0 |
| Government grants | $374,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $824,787 |
| Total Program Service Revenue | $3,440,015 |
| Investment income | $2,685 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,357 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,265,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,592 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,776,134 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,840 |
| Payroll taxes | $133,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,340 |
| Advertising and promotion | $0 |
| Office expenses | $41,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,257 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,337 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,501 |
| Insurance | $10,827 |
| All other expenses | $24,789 |
| Total functional expenses | $3,162,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,415 |
| Savings and temporary cash investments | $1,576,189 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,522 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,653 |
| Net Land, buildings, and equipment | $1,534,970 |
| Investments—publicly traded securities | $197,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,694,901 |
| Accounts payable and accrued expenses | $248,398 |
| Grants payable | $0 |
| Deferred revenue | $2,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,144,635 |
| Other liabilities | $500 |
| Total liabilities | $1,395,983 |
| Net assets without donor restrictions | $2,129,432 |
| Net assets with donor restrictions | $169,486 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,694,901 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Mission Viejo Nadadores Foundation has recieved totaling $171,253.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: IN HONOR OF: NICK LEAVELL, TO HELP OTHER DIVERS ACHIEVE THEIR GOALS AND DREAMS.THIS $150K DONATION IS FOR DIVING EQUIPMENT, BOARDS NEEDED AND FOR PURCHASE / INSTALL OF PERMANENT BLEACHERS FOR THE DIVING FACILITY. | $150,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $13,989 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,726 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,038 |
Edwards Lifesciences Foundation Irvine, CA PURPOSE: MATCHING GIFTS GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
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 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
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 |