Orange County Riptide Aquatics Club
- Assets
- $98.9k
- Revenue
- $343.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Beach, CA
- Founding
- 05/2012
- Data as of
- 12/2019
- EIN
- 90-0754230
Organization Overview
Orange County Riptide Aquatics Club is located in Huntington Beach, CA. The organization was established in 2012. 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. Orange County Riptide Aquatics 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 12/2019, Orange County Riptide Aquatics Club generated $343.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $349.5k during the year ending 12/2019. While expenses have increased by 1.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION AT OC RIPTIDE AQUATICS IS TO PROVIDE YOUNG ATHLETES A SWIMMING AND WATER POLO PROGRAM THAT WILL INSPIRE THEM TO ACHIEVE THEIR HIGHEST POTENTIAL IN AND OUT OF THE POOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMMING-IN THE SWIM PROGRAM SWIMMERS ARE GIVEN INSTRUCTION, PRACTICE TIME, AND COMPETE IN SWIM MEETS. WE REACH OUT TO THE SURROUNDING COMMUNITIES OF HUNTINGTON BEACH, CA AND FOUNTAIN VALLEY CA, INCLUDING HIGH SCHOOL AQUATICS PROGRAMS AND SUMMER LEAGUE TEAMS FOR MEMBERS. WE ALSO RECEIVE MEMBERS BY WAY OF REFERRALS AND OUR WEB SITE. THERE ARE ABOUT 120 SWIMMERS IN THE PROGRAM. WE PRACTICE YEAR ROUND, 6 DAYS PER WEEK AVERAGING 1.5 HOURS PER DAY. THE SWIMMERS COMPETE IN AN AVERAGE OF 2 USA SWIM MEETS PER MONTH YEAR ROUND. THE AGES OF THE SWIMMERS ARE 7-18 YEARS OLD.
WATER POLO-IN THE WATER POLO PROGRAM PLAYERS ARE GIVEN INSTRUCTION, PRACTICE TIME, AND COMPETE IN TOURNAMENTS. WE REACH OUT TO THE SURROUNDING COMMUNITIES OF HUNTINGTON BEACH, CA AND FOUNTAIN VALLEY CA, INCLUDING MIDDLE SCHOOL AND HIGH SCHOOL AQUATICS PROGRAMS FOR MEMBERS. WE ALSO RECEIVE MEMBERS FROM REFERRALS, FLYERS AND OUR WEB SITE. THERE ARE ABOUT 45 POLO PLAYERS IN THE PROGRAM. WE PRACTICE YEAR ROUND, 5 DAYS PER WEEK AVERAGING ABOUT 2 HOURS PER DAY. THE POLO PLAYERS COMPETE IN AN AVERAGE OF 2 USA WATER POLO TOURNAMENT PER QUARTER, YEAR ROUND. THE AGES OF THE POLO PLAYERS ARE 10-18 YEARS OLD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Lee Cfo-Swim | OfficerTrustee | $0 | |
Robert Shirley Cfo-Polo | OfficerTrustee | $0 | |
Melissa Fernandez President | OfficerTrustee | $0 | |
Alec Raley Secretary | Trustee | $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 | $2,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,104 |
| Total Program Service Revenue | $341,526 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,630 |
| 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 | $933 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $176,684 |
| Advertising and promotion | $175 |
| Office expenses | $916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $57,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,205 |
| All other expenses | $10,126 |
| Total functional expenses | $349,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,863 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,863 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $98,863 |
| 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 | $98,863 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Orange County Riptide Aquatics Club has recieved totaling $19,784.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,701 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
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 |