Imperial Water Polo Club is located in Lake Forest, CA. The organization was established in 2018. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imperial Water Polo Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Imperial Water Polo Club generated $163.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $146.2k during the year ending 12/2023. While expenses have increased by 16.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATING A YOUTH WATER CLUB
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dragan Jovanovic CEO | 1 | $0 | |
Pavle Filipovic Secretary | 40 | $36,750 | |
Milos Ribic CFO | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,652 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,652 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,152 |
| Professional fees and other payments to independent contractors | $2,588 |
| Occupancy, rent, utilities, and maintenance | $23,653 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,794 |
| Total expenses | $146,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,888 |
| Other assets | $0 |
| Total assets | $62,888 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,888 |