Pv Water Polo Club
Legal name: Palos Verdes Water Polo Club
Nonprofit profile at a glance
- EIN
- 205559013
- IRS 990 coverage
- 2014–2021
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2021
- Location
- Redondo Beach, CA, USA
- Phone
- 3103672474
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $370,155
- Expenses
- $327,162
- Assets
- $43,861
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- STEVEN KAN (President)
- Kristoph Wattson (Vice President)
- Michael Baumann (Vice President)
- Brad Fine (Vice President)
People named in this filing
- STEVEN KAN (President)
- EMILY ZALENSKI (Treas./Sec)
- Kristoph Wattson (Vice President)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a welcoming place for athletes to learn and love the sport of water polo. To provide a welcoming place for athletes to learn and love the sport of water polo Thank you for being part of this incredible journey. With appreciation,. The name OVAC carries both meaning and continuity. It was previously operated by our High Performance Director, Robert Lynn, as a competitive aquatics program based out of Peninsula High School. That history established strong relationships within PVPUSD facilities and helped build a culture centered on high-level training and performance. This name also pays tribute to water polo’s deep European heritage, where the sport was shaped by strength, strategy, and tradition. Origine Dei Vincitori (Origin of the Victors) reflects the mindset we aim to instill in every athlete, discipline, resilience, and the pursuit of excellence, both in and out of...
What it reported doing in 2021
Team based local, regional and national tournament preparation and participation at age and skill appropriate level that furthers the organization's purpose.
Operating model
- Revenue model
- Membership-supported. 84% of the money available for current operations came from membership dues.
- 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.6%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 88% of revenue deployed · 99.6% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $326K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2021
- 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.