Cerritos Aquatic Club
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cerritos, CA
- Founding
- 11/1984
- Data as of
- 09/2023
- EIN
- 95-3605135
Organization Overview
Cerritos Aquatic Club is located in Cerritos, CA. The organization was established in 1984. 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. Cerritos 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 09/2023, Cerritos Aquatic Club generated $179.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $179.8k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING LICENSED PROFESSIONAL STAFF AND RENTING QUALITY POOL FACILTIES FOR OUR MORE THAN 100 MEMBER ORGANIZATION. SWIMMERS COMPETE IN USA SWIMMING SANCTIONED MEETS THROUGHOUT SOUTHERN CALIFORNIA. MEMBERS HAVE REACHED ELITE SWIMMER STATUS INCLUDING PARTICIPATING IN THE JUNIOR OLYMPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Fong President | 4 | $0 | |
Jessica Ho Secretary | 4 | $0 | |
Hemal Mehta Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,417 |
| Total Program Service Revenue | $0 |
| Membership dues | $160,508 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,925 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $99,543 |
| Professional fees and other payments to independent contractors | $1,917 |
| Occupancy, rent, utilities, and maintenance | $7,465 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $70,662 |
| Total expenses | $179,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,702 |
| Other assets | $0 |
| Total assets | $68,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,702 |