Newport Aquatic Center
- Assets
- $1.9m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 78
- Location
- Newport Beach, CA
- Founding
- 05/1983
- Data as of
- 12/2021
- EIN
- 95-3699894
Organization Overview
Newport Aquatic Center is located in Newport Beach, CA. The organization was established in 1983. 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. As of 12/2021, Newport Aquatic Center employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport Aquatic Center 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 12/2021, Newport Aquatic Center generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION PROVIDES NON PROFIT SERVICE DEALING WITH FURTHERANCE OF AMATEUR ATHLETES IN THE AQUATIC SPORTS FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JR. ROWING NAC JUNIOR ROWING SENT 54 JUNIOR ROWERS TO USROWING YOUTH NATIONAL CHAMPIONSHIPS NAC JUNIOR ROWING MEN'S 8+ GETS 2ND AND WOMEN'S 8+ GETS 5TH IN THE NATION AT YOUTH NATIONAL CHAMPIONSHIPS JR. ROWING MEN'S 4+ PLACED 2ND OUT OF 84 ENTRIES AT THE HEAD OF THE CHARLES REGATTA 3 NAC ROWERS COMPETED IN THE U.S. MEN'S 8+ AT THE WORLD ROWING JUNIOR CHAMPIONSHIPS IN BULGARIA AND PLACED 1ST
OUTRIGGER OUTRIGGER OPEN MEN PLACE 4TH, MASTER'S MEN PLACED 2ND, MASTER'S WOMEN PLACED 1ST, OPEN COED PLACED 1ST, AND SR. MASTER COED PLACED 1ST IN THE CATALINA CHANNEL CROSSING, U.S. CHAMPIONSHIP
WATERMAN'S ACADEMY NAC'S WE ARE OCEAN PROGRAM TOOK CANCER PATIENTS AND SURVIVORS TO CATALINA ISLAND FOR A WEEK-LONG CAMP, WHICH PRODUCED A SHORT FILM THAT WAS IN THE NEWPORT BEACH FILM FESTIVAL
DRAGON BOAT & WOW & NAC LIST OF GROUPS SERVED: YMCA,BOYS AND GIRLS CLUB,NMUSD SCHOOLS,SAUSD SCHOOL DISTRICT BLIND CHILDREN'S LEARNING CENTER,ORANGE COAST COLLEGE ADULT TRANSITION PROGRAM HOAG DISABILITY PROGRAM,GIRLS SCOUTS,BOY SCOUTS,BEST DAY FOUNDATION CYSTIC FIBROSIS FOUNDATION,CITY OF IRVINE AFTER SCHOOL PROGRAM DOVER SHORES HOMEOWNER ASSOC.AA MEETINGS,CSLB, UCI ST. CATHERINE'S ACADEMY,BIG WAVE RISK ASSESSMENT GROUP (BWRAG)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Whitford Executive Director | OfficerTrustee | 40 | $112,154 |
Kyle Anderson Treasurer | OfficerTrustee | 2 | $0 |
William Grant Vice President | OfficerTrustee | $0 | |
Chris Blank President | OfficerTrustee | 2 | $0 |
Linda Hay Secretary | OfficerTrustee | 2 | $0 |
Greg Collins Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $862,511 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $354,900 |
| Noncash contributions included in lines 1a–1f | $235,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,217,411 |
| Total Program Service Revenue | $1,010,805 |
| Investment income | $612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,314 |
| Net Income from Fundraising Events | $47,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,158 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,283,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,154 |
| Compensation of current officers, directors, key employees. | $41,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $983,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $34,419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,173 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,936 |
| Insurance | $0 |
| All other expenses | $562,244 |
| Total functional expenses | $1,902,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,069 |
| Net Land, buildings, and equipment | $1,481,146 |
| Investments—publicly traded securities | $94,651 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,854,816 |
| Accounts payable and accrued expenses | $37,649 |
| Grants payable | $0 |
| Deferred revenue | $28,709 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,752 |
| Total liabilities | $110,110 |
| Net assets without donor restrictions | $1,638,016 |
| Net assets with donor restrictions | $106,690 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,854,816 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Newport Aquatic Center has recieved totaling $35,480.
| Awarding Organization | Amount |
|---|---|
Kwock Family Foundation Dated May 26 2011 Newport Beach, CA PURPOSE: CHARITABLE GIFT | $20,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,289 |
Cormura Foundation Newport Beach, CA PURPOSE: SUPPORT FOR EDUCATIONAL PURPOSES DESCRIBED IN BYLAWS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |