San Antonio Polo Club
- Assets
- $1.8m
- Revenue
- $290.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 80-0913133
Organization Overview
San Antonio Polo Club is located in San Antonio, TX. The organization was established in 2013. 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. San Antonio 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 12/2021, San Antonio Polo Club generated $290.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $266.5k during the year ending 12/2021. While expenses have increased by 16.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PUBLIC EDUCATION AWARENESS AND APPRECIATION FOR THE SPORT OF POLO AS PART OF A COMMUNITY WIDE PROGRAM. TO ENCOURAGE THE YOUTH OF THE COMMUNITY THROUGH EDUCATION AND PARTICIPATION IN THE SPORT OF POLO. TO MAKE CHARITABLE GRANTS TO OTHER 501C3 CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR ENDED DECEMBER 31 2021 THE SAN ANTONIO POLO CLUB ORGANIZED 20 POLO MATCHES OPEN TO THE PUBLIC.
THE SAN ANTONIO POLO CLUB PROVIDED LESSONS FOR 35 STUDENTS FROM FEBRUARY 2021 THROUGH NOVEMBER 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ursula Lipari Chairman | OfficerTrustee | 20 | $53,324 |
Susana Baird Treasurer | OfficerTrustee | 10 | $0 |
Bill Askins President - Emeritus | OfficerTrustee | 2 | $0 |
John Crea Director | Trustee | 1 | $0 |
Gal Schweiki Director | Trustee | 1 | $0 |
Silas Ragsdale Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,609 |
| Fundraising events | $0 |
| Related organizations | $35,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,759 |
| Total Program Service Revenue | $159,265 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,610 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,535 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $290,084 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $67,921 |
| Advertising and promotion | $786 |
| Office expenses | $1,024 |
| Information technology | $2,348 |
| Royalties | $0 |
| Occupancy | $8,787 |
| Travel | $375 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,162 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,057 |
| Insurance | $12,236 |
| All other expenses | $115,382 |
| Total functional expenses | $266,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,535 |
| 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 | $1,652,163 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $114,421 |
| Total assets | $1,823,119 |
| 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 | $116,000 |
| Secured mortgages and notes payable | $493,219 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $99,567 |
| Total liabilities | $708,786 |
| Net assets without donor restrictions | $1,114,333 |
| 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 | $1,823,119 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that San Antonio Polo Club has recieved totaling $8,833.
| Awarding Organization | Amount |
|---|---|
United States Polo Association Wellington, FL PURPOSE: CLUB AND MEMBERSHIP DEVELOPMENT | $8,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Delta Delta Dallas, TX | $21,649,298 | $53,341,420 |
Dallas Country Club Dallas, TX | $88,595,655 | $22,324,352 |
Lakeside Country Club Houston, TX | $69,220,529 | $18,860,611 |
Brook Hollow Golf Club Dallas, TX | $62,764,529 | $18,371,146 |
Houston Country Club Houston, TX | $109,550,970 | $26,529,286 |
Royal Oaks Country Club Inc Dallas, TX | $36,812,671 | $18,720,235 |
Northwood Club Dallas, TX | $57,507,067 | $19,852,706 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Dallas Athletic Club Dallas, TX | $25,203,289 | $20,444,344 |
Austin Country Club Austin, TX | $33,624,786 | $15,055,486 |
Briar Club Houston, TX | $45,723,367 | $13,689,453 |
Lakewood Country Club Dallas, TX | $36,499,894 | $12,939,033 |