Elite Aquatics Sports Team Inc
- Assets
- $214.8k
- Revenue
- $419.8k
- Investments
- $0.0
- Employees
- 26
- Location
- Yorba Linda, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 35-2475618
Organization Overview
Elite Aquatics Sports Team Inc, operating under the name East, is located in Yorba Linda, CA. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, East employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East 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 12/2021, East generated $419.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $291.2k during the year ending 12/2021. 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
ELITE AQUATICS SPORTS TEAM PROVIDES YEAR ROUND COMPREHENSIVE AQUATICS PROGRAMS FOR ALL AGES DEDICATED TO GIVING BACK TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHING AND SWIM TRAINING FOR PERSONS OF ALL AGES INCLUDING SWIMMING, AND WATER POLO. PROGRAM REVENUE IS FUNDED THROUGH MEMBERSHIP DUES OF 182,793 AS WELL AS PROGRAM REVENUE. PAYROLL EXPENSES 114,387; FACILITIES USAGE 42,587; OTHER EXPENSE 3,093; TRAVEL 1,220
PARTICIPATING, HOSTING AND SPONSORING OF SWIM MEETS FOR AQUATIC EVENTS TEAM MEMBERS. SWIM MEETS HOSTING EXPENSES 23,176 SWIM MEETS ENTRY FEES 5,957 TEAM ACTIVITIES 3,018
WATER POLO COACHING AND TRAINING TO IMPROVE SKILL SET. WATER POLO HOSTING EXPENSES 19,796 WATER POLO ENTRY FEES 1,401
MISCELLANEOUS PROGRAMS AND CLINICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Haney CFO | OfficerTrustee | 10 | $30,750 |
Annette Nielsen Director | Trustee | 10 | $11,600 |
Beth Diaz Secretary | OfficerTrustee | 10 | $4,000 |
Galen Diaz CEO | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $182,923 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,940 |
| Total Program Service Revenue | $234,532 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $419,772 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,881 |
| Payroll taxes | $7,855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $687 |
| Office expenses | $8,203 |
| Information technology | $683 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $290 |
| Interest | $186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,526 |
| Insurance | $968 |
| All other expenses | $18,664 |
| Total functional expenses | $291,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,765 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $214,765 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,811 |
| Other liabilities | $35,617 |
| Total liabilities | $49,428 |
| Net assets without donor restrictions | $165,337 |
| Net assets with donor restrictions | $0 |
| 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 | $214,765 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Elite Aquatics Sports Team Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fiesta Events Inc Scottsdale, AZ | $1,392,711 | $3,617,988 |
Chrims Inc Pleasanton, CA | $2,291,347 | $3,960,198 |
Santa Barbara Bowl Foundation Santa Barbara, CA | $45,351,353 | $2,991,318 |
Next Level Sports Foundation Inc San Mateo, CA | $280,995 | $2,705,458 |
Mountain View Volleyball Club Inc Sunnyvale, CA | $1,509,696 | $2,260,861 |
Rancho Penasquitos Tennis Association Inc San Diego, CA | $250,274 | $1,054,878 |
Niroga Institute Oakland, CA | $1,448,483 | $1,552,180 |
World Players Of Handball Foundation Tucson, AZ | $166,054 | $872,973 |
Crpa Foundation Fullerton, CA | $2,336,355 | $680,661 |
Bay Area Womens Sports Initiative Inc San Jose, CA | $1,221,193 | $1,319,678 |
Richmond Police Activities League Richmond, CA | $6,109,978 | $845,284 |
Bikeshare Hawaii Honolulu, HI | $1,024,934 | $346,147 |