Arroyo Grande Water Polo Club
Nonprofit profile at a glance
- EIN
- 460881202
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Arroyo Grande, CA, USA
- Phone
- 8057043307
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $290,968
- Expenses
- $303,480
- Assets
- $16,122
- Liabilities
- $15,224
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Russell Peterson (CEO)
People named in this filing
- Steven Allen (CFO)
- Russell Peterson (CEO)
- Cameron Allen (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The goal of Arroyo Grande Water Polo Club is to create community driven resource that supports the sustainable growth of water polo in the County of San Luis Obispo. The club is run by a cooperative board of parents and swimming and water polo coaches from local clubs, high schools and colleges here in the County of San Luis Obispo. The clubs activities are run by coaches who are current and former high school and college water polo athletes and coaches. The club holds weekly practices at Arroyo Grande High School and Nipomo High School in the cities of Arroyo Grande and Nipomo. The club also hosts open tournament competitions for youths between the ages of six and 18. Arroyo Grande Water Polo Club strives to teach the fundamental skills and tactics needed to be successful in the game of water polo and the community. Players not only develop as athletes but as leaders of their communities by cultivating sportsmanship, integrity, discipline and passion for the goals that they set for th
What it reported doing in 2024
To promote the sport of youth water polo in the County of San Luis Obispo by providing local trainings, games, leagues and tournaments to the local youth. Provide a positive training environment that promotes water safety for youth ages 6-18. Develop youth athletes that are not only successful in the water but also out of the water, by creating an environment that encourages the youth participants to become leaders in their communities through being peer role models in the area of academic achievement, sportsmanship, intergity, discipline and demonstrating a passion for the goals they set for themselves.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Accountability: 0
- Sustainability: 24
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.7%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.3%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 19.2% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 20.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -10.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
- Governance: 0 of 3 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $300K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.