SLO Water Polo Club
Nonprofit profile at a glance
- EIN
- 364814413
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- San Luis Obispo, CA, USA
- Phone
- 8056780421
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $174,706
- Expenses
- $167,150
- Assets
- $96,016
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Matthew Jones (President)
People named in this filing
- Matthew Jones (President)
- Shea Murphy (Treasurer)
- Nathaniel Martinez (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The goal of SLO 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 San Luis Obispo High School and city swimming pools in the city of San Luis Obispo. The club also hosts open tournament competitions for youths between the ages of six and 18. SLO 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 themselves. Providing a practi
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 positive traniing environment that promotes water safety for youth ages 6-18.
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: 96
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.8%; rating input score 94
- Program expense ratio: 98.1%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 16.5% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 30.8% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 34.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 93.8% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $164K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 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.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.