Southern California Acro Team Inc
- Assets
- $1.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 115
- Location
- Huntington Beach, CA
- Founding
- 06/1965
- Data as of
- 06/2022
- EIN
- 95-2320002
Organization Overview
Southern California Acro Team Inc is located in Huntington Beach, CA. The organization was established in 1965. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Southern California Acro Team Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern California Acro Team Inc 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 06/2022, Southern California Acro Team Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GYMNASTICS TRAINING, EDUCATION AND COMPETITION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EFFORTS ARE DIRECTED TO GYMNASTICS TRAINING, EDUCATION, AND COMPETITION. THIS IS AVAILABLE ON A NON-DISCRIMINATORY AND EQUAL OPPORTUNITY BASIS. SCATS HAS PRODUCED 14 UNITED STATES OLYMPIC TEAM MEMBERS AND OVER 70 US NATIONAL TEAM MEMBERS. IN 1984, SCATS MADE HISTORY WITH SIX WOMEN COMPETING IN THE OLYMPIC GAMES AND WINNING THE FIRST OLYMPIC SILVER MEDAL FOR THE US. IN 2012 AND 2016, SCATS ALUMNI SAM MIKULAK COMPETED ON THE MENS US OLYMPIC TEAM. MIKULAK ALSO SET RECORDS AS 8X NCAA CHAMPION AND 5X NATIONAL CHAMPION. SCATS HAS TRAINED A VERY LARGE NUMBER OF GYMNASTS WHO ACQUIRED FULL AND PARTIAL COLLEGE SCHOLARSHIPS IN THE SPORT AT A VARIETY OF REPUTABLE SCHOOLS AS A RESULT OF THEIR TRAINING THERE.I. SCATS HAS AN ENROLLMENT OF OVER 1,300 STUDENT GYMNASTS AT ITS GYM IN HUNTINGTON BEACH.II. SCATS EMPLOYS APPROXIMATELY 100 COACHES ACROSS A GIVEN YEAR TO PROVIDE HIGH-LEVEL AND RECREATIONAL GYMNASTICS TRAINING AND EDUCATION TO EACH OF ITS STUDENTS.III. SCATS IS VERY "SQUARE FOOTAGE" INTENSIVE AND REQUIRES HUGE BLOCKS OF OPEN SPACE TO PROVIDE ADEQUATE ROOM FOR TUMBLING, VAULTING, SAFE LANDING AREAS, AND A SUFFICIENT NUMBER OF GYMNASTICS APPARATUS AND TRAINING TOOLS TO MEET THE NEEDS OF THE STUDENT POPULATION. THE APPROXIMATE SQUARE FOOTAGE IN HUNTINGTON BEACH IS 28,000 SQUARE FEET.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David N Peters Chief Executive | Officer | 55 | $244,582 |
Phyllis J Peters Director & Chr | OfficerTrustee | 30 | $90,772 |
David A Peters Director & CFO | OfficerTrustee | 2 | $0 |
Bill Callander Director & Scty | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,773,439 |
| Investment income | $2,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,684 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,801,244 |
| 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. | $341,325 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,449,639 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $139,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,247 |
| Fees for services: Accounting | $18,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,173 |
| Advertising and promotion | $9,130 |
| Office expenses | $2,354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $267,600 |
| Travel | $0 |
| 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 | $40,531 |
| Insurance | $117,912 |
| All other expenses | $258,751 |
| Total functional expenses | $2,847,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $738,451 |
| 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 | $3,467 |
| Prepaid expenses and deferred charges | $11,211 |
| Net Land, buildings, and equipment | $157,288 |
| Investments—publicly traded securities | $493,980 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $146,079 |
| Total assets | $1,550,876 |
| Accounts payable and accrued expenses | $83,569 |
| 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 | $802,350 |
| Total liabilities | $885,919 |
| Net assets without donor restrictions | $0 |
| 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 | $664,957 |
| Total liabilities and net assets/fund balances | $1,550,876 |