Imperial Water Polo Club is located in Lake Forest, 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. Imperial Water 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, Imperial Water Polo Club generated $98.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $80.7k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
OPERATING A YOUTH WATER CLUB
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pavle Filipovic Secretary | 40 | $22,575 | |
Dragan Jovanovic CEO | 1 | $0 | |
Milos Ribic CFO | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,463 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $98,463 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,445 |
Professional fees and other payments to independent contractors | $2,873 |
Occupancy, rent, utilities, and maintenance | $28,120 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $20,294 |
Total expenses | $80,732 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,620 |
Other assets | $0 |
Total assets | $40,620 |
Total liabilities | $0 |
Net assets or fund balances | $40,620 |
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