Terra Nova Aquatics is located in Pacifica, CA. The organization was established in 2018. 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. Terra Nova Aquatics 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, Terra Nova Aquatics generated $72.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $82.2k during the year ending 12/2022. While expenses have increased by 21.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
8 MASTERS SWIM PRACTICES PER WEEK SERVING 75 SWIMMERS. 3 USA SWIM PRACTICES PER WEEK SERVING 25 SWIMMERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brad Pence Board Member | 10 | $9,060 | |
Natalie Amundsen Board Member | 5 | $0 | |
Scott Hoag Board Member | 5 | $0 | |
Lisa Ryner Board Member | 5 | $0 | |
Pam Franklin Board Member | 5 | $0 | |
Rich Schaffer Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $72,394 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,394 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $34,711 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $33,140 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,315 |
Total expenses | $82,166 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,088 |
Other assets | $0 |
Total assets | $13,088 |
Total liabilities | $3,523 |
Net assets or fund balances | $9,565 |
Over the last fiscal year, we have identified 1 grants that Terra Nova Aquatics has recieved totaling $68.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Norcal Crew Redwood City, CA | $638,465 | $1,778,430 |
Davis Aquadarts Inc Davis, CA | $620,913 | $1,485,157 |