Ladera Oaks
Nonprofit profile at a glance
- EIN
- 941476241
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Portola Valley, CA, USA
- Phone
- 6508543101
- Rating confidence
- Limited
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $5,311,745
- Expenses
- $5,510,510
- Assets
- $10,616,425
- Liabilities
- $866,088
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- PAUL CHARRETTE (PRESIDENT)
- MEERA SRIPATHY (VICE PRESIDENT)
Highest reported compensation
- KATIE ELGAAEN (GENERAL MANAGER): $243,108 total reported compensation
- KEVIN KOPENSKI (FINANCE MANAGER): $172,702 total reported compensation
- RAY BILSEY (TENNIS PRO): $152,880 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At ladera oaks, we are committed to building a strong community through high-quality and competitive swimming, racquet sports, and fitness programs. We aim to provide a relaxed and family-friendly atmosphere with a unique vibe that supports personal growth, healthy living, and the enjoyment of sports. Our goal is to offer excellent facilities, expert coaching, and a welcoming environment for all ages and skill levels.
What it reported doing in 2024
Ladera oaks offers high quality recreation and competitive swim, tennis and fitness programs in a fun, family-friendly atmosphere. We offer lessons, clinics, classes, coaching, workouts and team opportunities at every level.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 66
- Accountability: 100
- Sustainability: 39
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.7%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.93; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $243K · 12 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $128K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 29/100.