Academy Water Polo Inc

Nonprofit profile at a glance

EIN
274115318
IRS 990-EZ coverage
2012–2015
Forms available
Form 990-EZ 2015, Form 990-N 2011
Location
Pleasant Hill, CA, USA
Phone
9253307879
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$27,950
Expenses
$28,870
Assets
$2,122
Liabilities
$661

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • COREY DOLLEY (President)
  • MEREDITH DOLLEY (Vice President)

People named in this filing

  • COREY DOLLEY (President)
  • MEREDITH DOLLEY (Vice President)
  • JACK SORENSEN (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Academy water polo, inc. Is a non-profit corporation organized and operated for charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capabilities, and to provide relief to the poor, distressed and underpriviledged.we further our purposes under this program by encouraging the growth and development of youth water polo. Academy water polo is an age group and masters waters polo club which is open open to all high school boys and girls and any younger plaeyers looking to play at a higher level. Each age group has two qualified water polo coaches who continue to promote the academy's mission of providing a different approach to water polo instruction, and encourage the growth of youth water polo. This includes a small athelete to coach ratio, as well as dry land, video sessions, chalk talks, and drills.academy water polo's activities are funded by registration fees collected each session. Our program a

What it reported doing in 2015

Academy water polo, inc. Is a non profit corporation organized and operated for charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capabilities, and to provide relief to the poor, distressed and underprivledged. We further our purpose under this program by encouraging the growth and development of youth water polo. Academy water polo is an age group and masters water polo club which is open to all high school boys and girls and any younger players looking to play at a higher level. Each age group has two qualified water polo coaches who continue to promote the academy's mission of providing a different approach to water polo instruction, and encourage the growth of youth water polo. This includes a small athlete to coach ratio, as well as dry land, video dessions, chalk talks, and drills. Academy water polo's activities are funded by registration fees collected each session. Our program and its membership are open to the public and run year round (4 quarters per calendar year). There is an application for membership. The requrements for membership are that members are under the age of 19, and that they also have a membership with USA water polo which will allow them to participate in our USA water polo sponsored games. Members have rights to attend practises and any games or scrimmages which academy water polo participitates in. Through the succesful execution of our program, which we have helped young athletes to participate in water polo games and tournaments. This fiscal year we have provided 8 scholarships which total $2875 to youths who would otherwise not have been able to participate.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.3%; rating input score 79
  • Program expense ratio: 76.8%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -6.9% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -23.8% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -23% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 79.3% of revenue deployed · 76.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2015
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.