Civic Intelligence

Del Mar Water Polo Inc. a California Non Profit Corporation

990 • Fiscal year 2013 • EIN 26-4462813

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 19, 2014

2658 Del Mar Heights Rd92014

(858) 259-5115

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

91st percentile

$44,225

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

42nd percentile

-1.7%

Faster asset growth than 42% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$75,706

Down $1,321 (-1.7%) from 2012

Net Assets

Down

$73,221

Down $1,880 (-2.5%) from 2012

Liabilities

Up

$2,485

Up $559 (+29%) from 2012

Revenue

$317,647

No earlier filing loaded for comparison.

Expenses

Up

$319,527

Up $95,564 (+43%) from 2012

Net Income

-$1,880

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2011: $55,695Liabilities 2011: $1,960Net Assets 2011: $53,7352011Assets 2012: $77,027Liabilities 2012: $1,926Net Assets 2012: $75,1012012Assets 2013: $75,706Liabilities 2013: $2,485Net Assets 2013: $73,2212013Assets 2014: $88,039Liabilities 2014: $2,673Net Assets 2014: $85,3662014Assets 2015: $79,546Liabilities 2015: $3,297Net Assets 2015: $76,2492015Assets 2016: $123,197Liabilities 2016: $6,225Net Assets 2016: $116,9722016Assets 2017: $150,113Liabilities 2017: $13,960Net Assets 2017: $136,1532017Assets 2018: $229,516Liabilities 2018: $15,243Net Assets 2018: $214,2732018Assets 2019: $221,013Liabilities 2019: $7,653Net Assets 2019: $213,3602019Assets 2020: $230,964Liabilities 2020: $51,647Net Assets 2020: $179,3172020Assets 2021: $225,958Liabilities 2021: -$32,019Net Assets 2021: $257,9772021Assets 2022: $272,299Liabilities 2022: $4,988Net Assets 2022: $267,3112022Assets 2023: $181,250Liabilities 2023: $2,051Net Assets 2023: $179,1992023Assets 2024: $206,280Liabilities 2024: $2,441Net Assets 2024: $203,8392024

Highlighted filing

2013

Assets$75,706
Liabilities$2,485
Net Assets$73,221

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $275,4662011Expenses 2012: $223,9632012Revenue 2013: $317,647Expenses 2013: $319,527Net Income 2013: -$1,8802013Revenue 2014: $299,746Expenses 2014: $287,601Net Income 2014: $12,1452014Revenue 2015: $425,129Expenses 2015: $434,246Net Income 2015: -$9,1172015Revenue 2016: $376,807Expenses 2016: $336,084Net Income 2016: $40,7232016Revenue 2017: $573,444Expenses 2017: $554,263Net Income 2017: $19,1812017Revenue 2018: $750,750Expenses 2018: $672,630Net Income 2018: $78,1202018Revenue 2019: $472,058Expenses 2019: $472,971Net Income 2019: -$9132019Revenue 2020: $338,549Expenses 2020: $372,592Net Income 2020: -$34,0432020Revenue 2021: $530,281Expenses 2021: $451,621Net Income 2021: $78,6602021Revenue 2022: $912,179Expenses 2022: $902,844Net Income 2022: $9,3352022Revenue 2023: $1,222,603Expenses 2023: $1,310,715Net Income 2023: -$88,1122023Revenue 2024: $1,153,529Expenses 2024: $1,128,889Net Income 2024: $24,6402024

Highlighted filing

2013

Revenue$317,647
Expenses$319,527
Net Income-$1,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 19, 2014
Return Version
2013v3.1
Gross Receipts
$333,421
Mission and Program Overview

Mission

To assist athletes in their development of the necessary skills to be successful in water polo.

Del Mar Water Polo Club aims to help athletes develop the necessary skills to be successful throughout their water polo careers and beyond. Teamwork, cooperation, and relationship building are highly emphasized. Fundamentals and individual skills are the primary physical focus since they allow athletes smoother transitions into higher levels of water polo. Ultimately, we hope to instill a love for the game and a healthy appreciation for the hard work it takes to be successful as a water polo player.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,039$57,863▼ $2,176
Inventories for Sale or Use$9,840$11,415▲ $1,575
Land, Buildings, and Equipment, Net$7,147$6,428▼ $719
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$77,027$75,706▼ $1,321
Other Assets Total$1$0▼ $1
Liabilities
Accounts Payable and Accrued Expenses$1,926$2,485▲ $559
Total Liabilities$1,926$2,485▲ $559
Net Assets / Fund Balance
Unrestricted Net Assets$75,101$73,221▼ $1,880
Total Net Assets Fund Balance$75,101$73,221▼ $1,880
Total Liabilities and Net Assets / Fund Balance$77,027$75,706▼ $1,321

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,428$6,611$13,039
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brett OrmsbyPresidentPT$44,225$44,225
Thalia OrmsbySecretaryPT$10,595$10,595

Board Members and Trustees

NameTitle
Sean GreenVice President
Setsuko YamamotoDirector
Sally RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,139
Program Service Revenue
$315,044
Investment Income
$0
Other Revenue
$464
All Other Contributions
$2,139
Change in Net Assets
$-1,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,196
Salaries, Compensation, and Employee Benefits$114,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$88,527--$88,527
Current Officers, Directors, Trustees, and Key Employees$36,780$18,040-$54,820
Other Salaries and Wages$44,170$5,415-$49,585
Occupancy$24,000--$24,000
Office Expenses-$15,709-$15,709
Payroll Taxes$7,696$2,230-$9,926
Insurance-$5,157-$5,157
All Other Expenses$4,469$662-$5,131
Other Expenses$4,696--$4,696
Fees for Services Accounting-$4,490-$4,490
Depreciation Depletion$1,468$798-$2,266
Fees for Services Legal-$1,675-$1,675
Conferences and Meetings-$399-$399
Total Functional Expenses$264,952$54,575$0$319,527
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Brett Ormsby (President) and Thalia Ormsby (Secretary) are husband & wife. Margaret Ormsby (payroll manager) is the mother of Brett Ormsby (President).

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation for administrative work done by Brett Ormsby and Thalia Ormsby Ormsby is reviewed, discussed, and voted on by the board. Compensation for coaching work done by Brett Ormsby and Thalia Ormsby is reviewed, discussed, and voted on by the board. Three of the board members have been coaches with other clubs and know the salaries of what others in the field are paid.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All other officers are volunteers, and are not paid. There are no "Key Employees" that meet the thresholds for reporting. Compensation for Margaret Ormsby (Payroll Manager)is reviewed, discussed, and voted on by the board. There are no other managers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Some of the policies are available on the website. If requested, tax filings and other information will be sent via mail or email.

Filing and Contact Details

Filer

EIN
26-4462813
Phone
8582595115

Signing Officer

Name
Sally Rogers
Title
Treasurer
Signed
2014-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brett Ormsby
Formed
2009
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
26
Volunteers
16

Preparer

Preparer
Leslie Martin
Phone
8586030652
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

Common Training: Common training with other amateur water polo clubs takes place in a practice-like setting but involves another team. This allows for competition in the form of scrimmage games and man advantage situations. It is less formal than a game and gives the coaches more control to stop play and give instruction. This type of common training often involves travel out of the county or state, and as far as Europe where the most competitive amateur water polo is played. This year, a team of 18 players, 3 coaches and 1 parent/physician traveled to Hungary and Spain for 2 weeks for common training with various European water polo clubs.

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IRS990/ProgramServiceRevenueGrp/Desc0COMMON TRAINING
IRS990/ProgramServiceRevenueGrp/Desc1WATER POLO ACTIVITIES
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IRS990/ProgSrvcAccomActy2Grp/Desc0Common Training with other amateur water polo clubs. Common training takes place in a practice-like setting, but it involves another team which allows for competition in the form of scrimmage games and man advantage situations. It is less formal than a game and gives the coaches more control to stop play and give detailed instruction. This type of common training often involves travel out of the county or state and as far away as Europe, where the most competitive amateur water polo is played. This year a team of 18 players, 3 coaches and 1 parent/physcian travled to Hungary and Spain for 2 weeks of commmon training with various European water polo clubs
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Common Training: Common training with other amateur water polo clubs takes place in a practice-like setting but involves another team. This allows for competition in the form of scrimmage games and man advantage situations. It is less formal than a game and gives the coaches more control to stop play and give instruction. This type of common training often involves travel out of the county or state, and as far as Europe where the most competitive amateur water polo is played. This year, a team of 18 players, 3 coaches and 1 parent/physician traveled to Hungary and Spain for 2 weeks for common training with various European water polo clubs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Brett Ormsby (President) and Thalia Ormsby (Secretary) are husband & wife. Margaret Ormsby (payroll manager) is the mother of Brett Ormsby (President).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for administrative work done by Brett Ormsby and Thalia Ormsby Ormsby is reviewed, discussed, and voted on by the board. Compensation for coaching work done by Brett Ormsby and Thalia Ormsby is reviewed, discussed, and voted on by the board. Three of the board members have been coaches with other clubs and know the salaries of what others in the field are paid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All other officers are volunteers, and are not paid. There are no "Key Employees" that meet the thresholds for reporting. Compensation for Margaret Ormsby (Payroll Manager)is reviewed, discussed, and voted on by the board. There are no other managers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Some of the policies are available on the website. If requested, tax filings and other information will be sent via mail or email.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/State0CA
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.20$1.15$1.13$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.22$1.31$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.91$0.90$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.03$0.26$0.53$0.45$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.34$0.37$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.47$0.47$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.21$0.75$0.67$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.57$0.55$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.12$0.38$0.34$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.43$0.43$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.30$0.29$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.32$0.32$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.05$0.28
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