Portland Aquatic Club
- Assets
- $147.8k
- Revenue
- $306.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Portland, OR
- Founding
- 05/1994
- Data as of
- 08/2022
- EIN
- 93-0959104
Organization Overview
Portland Aquatic Club is located in Portland, OR. The organization was established in 1994. 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. As of 08/2022, Portland Aquatic Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Aquatic 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 08/2022, Portland Aquatic Club generated $306.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $304.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
BUILDING EXCEPTIONAL PEOPLE THROUGH EXCELLENT SWIMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COACHING, TRAINING AND COMPETITION FOR SWIMMERS AGES 5-18.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Miyako Head Coach | Officer | 40 | $45,906 |
Westley Mejias Head Coach | Officer | 40 | $43,313 |
Amy Bader Secretary | OfficerTrustee | 2 | $0 |
Steven Stegeman Treasurer | OfficerTrustee | 2 | $0 |
Stephanie Wieber Board Chair | OfficerTrustee | 2 | $0 |
Scott Derr Past Pres | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $225,833 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,650 |
| Total Program Service Revenue | $28,977 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,908 |
| Net Income from Gaming Activities | -$20 |
| Net Income from Sales of Inventory | -$4,940 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $306,181 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,597 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,218 |
| Compensation of current officers, directors, key employees. | $10,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,066 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $50,495 |
| 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 | $4,113 |
| Advertising and promotion | $0 |
| Office expenses | $909 |
| Information technology | $2,756 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $386 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $778 |
| Insurance | $812 |
| All other expenses | $1,030 |
| Total functional expenses | $304,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,273 |
| Savings and temporary cash investments | $35,562 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,359 |
| 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 | $2,611 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $147,805 |
| Accounts payable and accrued expenses | $7,255 |
| Grants payable | $0 |
| Deferred revenue | $4,343 |
| 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 | $11,598 |
| Net assets without donor restrictions | $136,207 |
| 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 | $147,805 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Portland Aquatic Club has recieved totaling $10,280.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,140 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,140 |
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 |
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |