Alameda Island Aquatics
Nonprofit profile at a glance
- EIN
- 943255426
- IRS 990-EZ coverage
- 2011–2016
- Forms available
- Form 990-EZ 2016
- Location
- Alameda, CA, USA
- Phone
- 5103904015
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $125,800
- Expenses
- $157,175
- Assets
- $25,186
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Eric Delore (President)
- Charles Liuson (Vice President)
People named in this filing
- Eric Delore (President)
- Alngela Cardenas (Volunteer Coord)
- Bob Radecke (Head Coach)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Alameda Island Aquatics is dedicated to developing world class citizens and world class athletes. We are a member of USA Swimming, the national governing body of amateur, age-group swimming and a member of the Pacific Swimming LSC. Members of the Islanders range in age and ability from five year old novice swimmers to nationally ranked seniors.All of our coaches, as members of the American Swim Coaches Association, have access to the most comprehensive training and certification program for youth coaches of any sport in the United States. This ensures that the time swimmers spend with the Islanders will be both instructive and enjoyable.We are constantly growing and training young swimmers to maintain a well rounded competitive swim team.
What it reported doing in 2016
Year round swimming programs to approximately 110 swimmers ranging from ages 5-18. Swim groups arranged in increasing order of proficiency in the water.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.5%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -24.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 30.5%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $150K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2011 to 2016
- 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 — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.