Central Coast Polo Club
- Assets
- $249.1k
- Revenue
- $437.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Osos, CA
- Founding
- 10/2002
- Data as of
- 03/2022
- EIN
- 71-0891330
Organization Overview
Central Coast Polo Club is located in Los Osos, CA. The organization was established in 2002. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Central Coast Polo Club 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 03/2022, Central Coast Polo Club generated $437.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $427.4k during the year ending 03/2022. While expenses have increased by 8.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTRAL COAST POLO CLUB, INC. WAS FOUNDED FEBRUARY 2002 TO PROMOTE AND FOSTER LOCAL, REGIONAL AND NATIONAL INTEREST IN THE SPORT OF POLO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS ARE USED TO SUPPORT VARIOUS PROGRAMS INTENDED TO IMPROVE AND PROMOTE THE SPORT OF POLO ON THE CENTRAL COAST OF CALIFORNIA. THE CLUB WORKS IN CONJUCTION WITH THE CALIFORNIA STATE POLYTECHNIC UNIVERSITY, SAN LUIS OBIPSO TO AID IN SUPPORTING POLO AT THE COLLEGIANTE LEVEL.MOST IMPORTANTLY, THE CENTRAL COAST POLO CLUB IS DEDICATED TO PROMOTING GOODWILL THROUGH POLO COMPETITIONS, AND TO ENCOURGE THE HEALTHY DEVELOPMENT AND SPORTSMANSHIP THROUGH TEACHING YOUNG PEOPLE THE PRINCIPLES OF THE GAME OF POLO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan C Judge President | OfficerTrustee | 20 | $20,000 |
Kristin Trabert Vice President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,408 |
| Total Program Service Revenue | $383,752 |
| 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 | -$11,242 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $437,106 |
| 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. | $20,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,094 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $870 |
| Fees for services: Accounting | $1,801 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,375 |
| Advertising and promotion | $2,102 |
| Office expenses | $8,877 |
| Information technology | $1,712 |
| Royalties | $0 |
| Occupancy | $61,031 |
| Travel | $7,661 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $835 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,132 |
| Insurance | $15,521 |
| All other expenses | $49,383 |
| Total functional expenses | $427,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,332 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $47,695 |
| Accounts receivable, net | $19,985 |
| 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 | $166,709 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,350 |
| Total assets | $249,071 |
| Accounts payable and accrued expenses | $14,557 |
| 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 | $0 |
| Other liabilities | $149,035 |
| Total liabilities | $163,592 |
| Net assets without donor restrictions | $85,479 |
| 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 | $249,071 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central Coast Polo Club has recieved totaling $15,138.
| Awarding Organization | Amount |
|---|---|
United States Polo Association Wellington, FL PURPOSE: CLUB AND MEMBERSHIP DEVELOPMENT | $14,138 |
Jason Family Foundation Irvine, CA PURPOSE: ATHLETIC | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |