South Peninsula Water Polo Foundation
Nonprofit profile at a glance
- EIN
- 943397378
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Menlo Park, CA, USA
- Phone
- 6505716620
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $103,024
- Expenses
- $104,425
- Assets
- $59,145
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JEN COLEMAN (President & CEO)
People named in this filing
- JEN COLEMAN (President & CEO)
- KATIE BARAD (Secretary)
- HYOBIN KIM (Treasurer)
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 south peninsula water polo foundation(sopen) was founded to teach and promote the sport of water polo in the California high school/middle school communities of san mateo and santa clara counties. Any youth in the appropriate age group may apply to join one of the training programs. Sopen is committed to offering a high quality training program that is fun and challenging in a positive coaching environment where players can attain their maximum potential.in the past year, sopen has benefited over 50 athletes who pay program fees to participate in its summer and winter programs. Partial scholarships through reduced fees are available to youths who cannot afford to pay the full cost of the training programs.in addition, sopen continues its outreach program for disadvanted middle schoolers in neighboring communities, for whom all program fees are waived. In july 2012, 30 members of the boys and girls club of east palo alto participated in an introductory clinic staffed by sopen's seni
What it reported doing in 2024
The organization continued to provide middle and high school students an opportunity to be involved in a high quality waterpolo training program. The program successfully attracted a large number of individuals from various backgrounds. The program acheived a very high level of training and did very well in competition against its peers in the State of California.
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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.4%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 41; 41st 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: 6% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $104K 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: 12 filing years from 2013 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 — Sustainability: Operating margin scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.