Cincinnati Elite Water Polo
Nonprofit profile at a glance
- EIN
- 814965982
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2020
- Location
- Liberty Township, OH, USA
- Phone
- 5137026907
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $98,439
- Expenses
- $102,381
- Assets
- $17,927
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JENNIFER SPLITT (PRESIDENT)
- BEN YOUNG (VICE PRESIDENT)
People named in this filing
- JENNIFER SPLITT (PRESIDENT)
- BEN YOUNG (VICE PRESIDENT)
- SAMANTHA HARI (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission: providing educational services in the nature of youth water polo sports activities; arranging and conducting youth athletic sports programs in the field of water polo; to support and develop amateur athletes for national or international competition in water polo; vision: provide a model for excellence in youth athletics to give our water polo players the opportunity to excel at all levels of competition; to develop the best water polo players through sound fundamentals and create a positive environment that allows each player to achieve their maximum potential as student athletes; to provide participating athletes and their families with opportunities to work together to achieve personal and team goals; build self-esteem through leadership and camaraderie, and create nurturing relationships through water polo and related activities. These skills, experiences and relationships will develop future leaders and foster life-long success throughout adulthood.
What it reported doing in 2022
Took 3 boys teams (1 18u and 2 16u). All 3 finished in the top 48 teams in the entire united states. First time in program history to send 2 16u teams. First 16u team from Ohio to ever make it to junior olympics. Girls junior olympics in California (2 girls teams 18u and 16u). Both finished in the top 48 teams in the entire united states. This year was the most kids we have ever sent to junior olympics (50-ish kids).
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
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: 99
- Transparency & Controls: 82
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.8%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 96.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.