Otter Bay Water Polo Foundation
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Grove, CA
- Founding
- 02/2014
- Data as of
- 12/2022
- EIN
- 45-5146642
Organization Overview
Otter Bay Water Polo Foundation is located in Pacific Grove, CA. 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. Otter Bay Water Polo 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 12/2022, Otter Bay Water Polo Foundation generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.7%) each year. All expenses for the organization totaled $3.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (44.7%) per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
OTTER BAY WATER POLO FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE SPORT OF WATER POLO IN THE MONTEREY BAY AREA. THE CLUB WAS FORMED IN MARCH, 2012 WITH THE GOAL TO CREATE AN ENTITY FOR LOCAL ADULT WATER POLO PLAYERS WITH A PASSION FOR THE GAME AND THE COMMUNITY WE LIVE IN. SINCE THEN OUR CLUB HAS GROWN TO INCLUDE YOUTH AND HIGH SCHOOL AGED ATHLETES. OUR TEAM SUPPORTS THE GROWTH OF WATER POLO, FROM YOUTH TO COLLEGE IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Wooler Secretary | 1 | $0 | |
Sean Raymond Sec/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,565 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,312 |
| Total expenses | $3,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,747 |
| Other assets | $0 |
| Total assets | $5,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,747 |