Socal Aquatics Association EIN 33-0549700

Socal Aquatics Association

EIN  33-0549700 Public charity (501(c)(3)) Tustin, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Trains and develops swimmers of all levels in a community-based program.
Leadership
Steve Pickell · Head Coach · $104K
Money in and out
$771K revenue, $722K expenses
Bottom line
100% program efficiency

Trains and develops swimmers of all levels in a community-based program. For fiscal year 2024 it reported $771K in revenue, $722K in expenses, and $380K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$771K
Pt VIII · Ln 12
Total expenses
$722K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +153% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$771K
FY2024▲ +11%
Expenses
$722K
FY2024▼ -8%
Total assets
$380K
FY2024▲ +15%
Total liabilities
$0
FY2024
Total revenue
$771K
Pt VIII · Ln 12
Total expenses
$722K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$380K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $722K of program spending, described in the organization's own filed words · FY2024.
01

To provide swimming workouts and training year round, to have participants attend more than 20 different swim meets throughout the year, and to host swim meets and other events for athletes to participate in.

$722Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSocal Aquatics Association
EINHdr · item D33-0549700
Principal addressHdr · item CTustin, CA
WebsiteHdr · item Jwww.socalaquatics.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N67Z)
Ruling yearIRS BMFNov 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Head Coach
$104,000Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Ways and Means
$0Pt VII · Sec A
Meet Manager
$0Pt VII · Sec A

Steve Pickell’s $104K as Head Coach is at the 93rd percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Steve Pickell$104,000$99,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$705K · 91%
Other revenue$51K · 7%
Contributions & grants$15K · 2%
Program service revenue91%$705K
Other revenue7%$51K
Contributions & grants2%$15K
Investment income$5
Total revenueLn 12$771K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$722K
Total functional expensesLn 25$722K

Balance Sheet

Part X · end of year
CashLn 1$380K
Total assetsLn 16$380K
Total liabilitiesLn 26$0
Total net assetsLn 32$380K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $380K · Operating expenses/yr $722K
6.3 months
Where the money goes
Program services
Program services $722K · Total expenses $722K
100%
Management & General
Management & general $0 · Total expenses $722K
0%
Fundraising
Fundraising $0 · Total expenses $722K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $15K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $15K · Total revenue $771K
2%
Government reliance
Government grants — · Total revenue $771K
Earned-income share
Program service revenue $705K · Total revenue $771K
91%
Investment reliance
Investment income $5 · Total revenue $771K
0%
Program self-sufficiency
Program service revenue $705K · Total expenses $722K
98%
Growth & trend
Revenue growth (YoY)
This year $771K · Prior year $697K
+11%
Revenue CAGR
FY2020 $453K · FY2024 $771K
+14%
Net-asset trend (YoY)
End of year $380K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $771K · Expenses $722K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $380K
Net-asset ratio
Net assets $380K · Total assets $380K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $380K
0%
People & payroll
Highest Reported Total Compensation
Individual Steve Pickell · Reported title HEAD COACH · Highest reported compensation $104K · Total expenses $722K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $445K · Total expenses $722K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 11%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$141

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$771K revenue · viewing · ⤓ 990 PDF
FY2023$697K revenue · ⤓ 990 PDF
FY2022$753K revenue · ⤓ 990 PDF
FY2021$785K revenue · ⤓ 990 PDF
FY2020$453K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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