Civic Intelligence

Socal Water Polo Foundation Inc

EIN 33-0869141 • 501(c)3 • Tustin, CA

Profile

Socal water polo foundation, inc. (socal wpf) develops student water polo players pimarily in the tustin unified school distric (tusd) high school areas of beckman, foothill and tustin high schools so that they may participate in high school and college water polo at levels commensurate with thir fully developed talents. Socal wpf invests thousands of dollars each year in tusd. Socal wpf pursues winning and teaching the life lessons of youth sports in positive environment. Socal wpf supports the notion of scholar-athletes who excel in the classroom, in their communities, in their families, and in the swimming pool. Socal wpf seeks to enhance and develop sportsmanship in athletes. Socal wpf's board, head couches, coaching staff and all members support the following priorities: scholastics - our athletes are students. We support the notion of successful student athletes. Success in the classroom and the athletic field provides lots of future choices. Good students make better water polo

100 W Main Street 10Tustin, CA 92780

www.socalwaterpolo.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.35x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

22nd percentile

-9.9%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

23rd percentile

-8.2%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$158,396

Down $70,044 (-31%) from 2023

Liabilities

Up

$56,230

Up $49,720 (+764%) from 2023

Net Assets

Down

$102,166

Down $119,764 (-54%) from 2023

Revenue

Down

$1,212,054

Down $197,385 (-14%) from 2023

Expenses

Down

$1,331,818

Down $78,583 (-5.6%) from 2023

Net Income

Down

-$119,764

Down $118,802 (-12349%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $68,795Liabilities 2011: $0Net Assets 2011: $68,7952011Assets 2012: $109,500Liabilities 2012: $1,193Net Assets 2012: $108,3072012Assets 2013: $87,908Liabilities 2013: $0Net Assets 2013: $87,9082013Assets 2014: $86,885Liabilities 2014: $0Net Assets 2014: $86,8852014Assets 2015: $111,513Liabilities 2015: $0Net Assets 2015: $111,5132015Assets 2016: $64,971Liabilities 2016: $0Net Assets 2016: $64,9712016Assets 2017: $110,259Liabilities 2017: $0Net Assets 2017: $110,2592017Assets 2018: $123,301Liabilities 2018: $0Net Assets 2018: $123,3012018Assets 2019: $178,029Liabilities 2019: $0Net Assets 2019: $178,0292019Assets 2020: $201,021Liabilities 2020: $60,000Net Assets 2020: $141,0212020Assets 2021: $225,364Liabilities 2021: $0Net Assets 2021: $225,3642021Assets 2022: $228,740Liabilities 2022: $5,848Net Assets 2022: $222,8922022Assets 2023: $228,440Liabilities 2023: $6,510Net Assets 2023: $221,9302023Assets 2024: $158,396Liabilities 2024: $56,230Net Assets 2024: $102,1662024

Highlighted filing

2024

Assets$158,396
Liabilities$56,230
Net Assets$102,166

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $541,8722011Expenses 2012: $751,1842012Revenue 2013: $803,895Expenses 2013: $824,294Net Income 2013: -$20,3992013Revenue 2014: $783,782Expenses 2014: $784,805Net Income 2014: -$1,0232014Revenue 2015: $822,685Expenses 2015: $798,057Net Income 2015: $24,6282015Revenue 2016: $844,104Expenses 2016: $890,646Net Income 2016: -$46,5422016Revenue 2017: $864,024Expenses 2017: $818,736Net Income 2017: $45,2882017Revenue 2018: $912,018Expenses 2018: $898,976Net Income 2018: $13,0422018Revenue 2019: $952,562Expenses 2019: $897,834Net Income 2019: $54,7282019Revenue 2020: $549,237Expenses 2020: $586,245Net Income 2020: -$37,0082020Revenue 2021: $974,787Expenses 2021: $890,444Net Income 2021: $84,3432021Revenue 2022: $1,436,821Expenses 2022: $1,439,293Net Income 2022: -$2,4722022Revenue 2023: $1,409,439Expenses 2023: $1,410,401Net Income 2023: -$9622023Revenue 2024: $1,212,054Expenses 2024: $1,331,818Net Income 2024: -$119,7642024

Highlighted filing

2024

Revenue$1,212,054
Expenses$1,331,818
Net Income-$119,764

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.06$0.10$1.21$1.33$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$1.41$1.41$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$1.44$1.44$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.97$0.89$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.06$0.14$0.55$0.59$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.95$0.90$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.91$0.90$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.86$0.82$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.84$0.89$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.82$0.80$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.78$0.78$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.80$0.82$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,212,054
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$95,393-
Cash and Non-Interest-Bearing Accounts$227,450$62,409▼ $165,041
Land, Buildings, and Equipment, Net$990$594▼ $396
Total Assets$228,440$158,396▼ $70,044
Liabilities
Accounts Payable and Accrued Expenses$6,510$56,230▲ $49,720
Total Liabilities$6,510$56,230▲ $49,720
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$221,930$102,166▼ $119,764
Total Net Assets Fund Balance$221,930$102,166▼ $119,764
Total Liabilities and Net Assets / Fund Balance$228,440$158,396▼ $70,044

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$594$26,313$26,907
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrew RowePresidentPT$86,400$86,400
William PevehouseSec/treasPT$23,792$23,792
F Edward Reynolds JrVice PresidentPT$2,000$2,000

Board Members and Trustees

NameTitle
Daniel KlattDirector
Kurt KrumpholzDirector
Scott MitchellDirector
Will WollettDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$14,500
Program Service Revenue
$1,194,779
Investment Income
$2,775
Other Revenue
$0
All Other Contributions
$14,500
Change in Net Assets
$-119,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$936,706
Salaries, Compensation, and Employee Benefits$372,598
Grants and Similar Amounts Paid$22,514
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,707$68,503-$230,210
Fees for Services Other$200,921--$200,921
Current Officers, Directors, Trustees, and Key Employees$112,192--$112,192
All Other Expenses$70,109$21,120-$91,229
Other Expenses$23,233$23,232-$46,465
Office Expenses$6,451$34,399-$40,850
Payroll Taxes$24,956$5,240-$30,196
Grants to Domestic Orgs$22,514--$22,514
Travel$18,981--$18,981
Fees for Services Legal-$10,890-$10,890
Advertising-$9,980-$9,980
Insurance$4,411$4,410-$8,821
Depreciation Depletion$396--$396
Total Functional Expenses$1,154,044$177,774$0$1,331,818
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tustin Public Schools FoundationTustin, CA3General Support$10,015
Extraordinary Lives FoundationMission Viejo, CA3General Support$5,172
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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, Section B, Line 11B

Organization's process to review form 990 an advance copy of form 990 and supporting schedules is provided to all board members in advance of filing, with cover memo requesting full review and identifying specific areas for attention.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy review

Form 990, Part VI, Section B, Line 15

Compensation process for top official the board members are compensated for work in addition to board duties,they are not compensated for being a board member. The compensation of the board is based on industry standard for a water polo club of similar size both non-profit and for-profit. The salaries are either lower than average or nominal based on that average.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the organizing and governing documents, policies, form 990s, california forms 199, rrf-1 and financials are available upon request; during regular business hours at the address of records.

Filing and Contact Details

Filer

Filer Name
Socal Water Polo Foundation Inc
EIN
33-0869141
Phone
7147305397
Address
100 W MAIN STREET 10, TUSTIN, CA 92780

Signing Officer

Name
William Pevehouse
Title
Sec/treas
Phone
7147305397
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Pevehouse
Formed
1998
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
57
Volunteers
300

Preparer

Firm
Talley Llp
Address
1100 TOWN COUNTRY RD STE 1111, ORANGE, CA 92868
Preparer
Emmanuel Tiongson
Phone
7148672200
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES

Socal water polo foundation, inc. (socal wpf) develops student water polo players primarily in the tustin unified school district (tusd) high school areas of beckman, foothill and tustin high schools so that they may participate in high school and college water polo at levels commensurate with thir fully developed talents. Socal wpf invests thousands of dollars each year in tusd. Socal wpf pursues winning and teaching the life lessons of youth sports in a positive environment. Socal wpf supports the notion of scholar-athletes who excel in the classroom, in their communities, in their families, and in the swimming pool. Socal wpf seeks to enhance and develop sportsmanship in athletes. Socal wpf's board, head couches, coaching staff and all members support the following priorities: scholastics - our athletes are students. We support the notion of successful student athletes. Success in the classroom and the athletic field provides lots of future choices. Good students make better water polo players and aquatics sports provide discipline for many facets of a life well lived. Citizenship - character matters. Good character provides the model for good citizenship. Amateur sports teach many life lessons - how to win with class or lose with dignity, how to try your hardest, how to fail and try again, how effort makes a difference. How continuous learning fuels a rich life, how to set and achieve goals and how managing mistakes is part of life. We teach respect for ourselves, our teammates, our opponents, the referees and the rules of the game. We build community. Swimming - swimming is a skill that can provide a lifetime of enjoyment. Swimming fast is a fundatment skill of water polo. Good swimmers make good water polo players and vice versa. We encourage water polo players to develop a passion for swimming fast and building their cardio base to play at the highest levels.

Form 990, Part IX, Line 11G

Coaches: program service expenses 200,921. Management and general expenses 0. Fundraising expenses 0. Total expenses 200,921.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0549937
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0594
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026313
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0594
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt010015
IRS990ScheduleI/RecipientTable/CashGrantAmt15172
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/IRCSectionDesc13
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TUSTIN PUBLIC SCHOOLS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1EXTRAORDINARY LIVES FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0330353928
IRS990ScheduleI/RecipientTable/RecipientEIN1475447432
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0150 EL CAMINO REAL SUITE 140
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt126800 CROWN VALLEY PARKWAY STE 460
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TUSTIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MISSION VIEJO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOCAL WATER POLO FOUNDATION, INC. (SOCAL WPF) DEVELOPS STUDENT WATER POLO PLAYERS PRIMARILY IN THE TUSTIN UNIFIED SCHOOL DISTRICT (TUSD) HIGH SCHOOL AREAS OF BECKMAN, FOOTHILL AND TUSTIN HIGH SCHOOLS SO THAT THEY MAY PARTICIPATE IN HIGH SCHOOL AND COLLEGE WATER POLO AT LEVELS COMMENSURATE WITH THIR FULLY DEVELOPED TALENTS. SOCAL WPF INVESTS THOUSANDS OF DOLLARS EACH YEAR IN TUSD. SOCAL WPF PURSUES WINNING AND TEACHING THE LIFE LESSONS OF YOUTH SPORTS IN A POSITIVE ENVIRONMENT. SOCAL WPF SUPPORTS THE NOTION OF SCHOLAR-ATHLETES WHO EXCEL IN THE CLASSROOM, IN THEIR COMMUNITIES, IN THEIR FAMILIES, AND IN THE SWIMMING POOL. SOCAL WPF SEEKS TO ENHANCE AND DEVELOP SPORTSMANSHIP IN ATHLETES. SOCAL WPF'S BOARD, HEAD COUCHES, COACHING STAFF AND ALL MEMBERS SUPPORT THE FOLLOWING PRIORITIES: SCHOLASTICS - OUR ATHLETES ARE STUDENTS. WE SUPPORT THE NOTION OF SUCCESSFUL STUDENT ATHLETES. SUCCESS IN THE CLASSROOM AND THE ATHLETIC FIELD PROVIDES LOTS OF FUTURE CHOICES. GOOD STUDENTS MAKE BETTER WATER POLO PLAYERS AND AQUATICS SPORTS PROVIDE DISCIPLINE FOR MANY FACETS OF A LIFE WELL LIVED. CITIZENSHIP - CHARACTER MATTERS. GOOD CHARACTER PROVIDES THE MODEL FOR GOOD CITIZENSHIP. AMATEUR SPORTS TEACH MANY LIFE LESSONS - HOW TO WIN WITH CLASS OR LOSE WITH DIGNITY, HOW TO TRY YOUR HARDEST, HOW TO FAIL AND TRY AGAIN, HOW EFFORT MAKES A DIFFERENCE. HOW CONTINUOUS LEARNING FUELS A RICH LIFE, HOW TO SET AND ACHIEVE GOALS AND HOW MANAGING MISTAKES IS PART OF LIFE. WE TEACH RESPECT FOR OURSELVES, OUR TEAMMATES, OUR OPPONENTS, THE REFEREES AND THE RULES OF THE GAME. WE BUILD COMMUNITY. SWIMMING - SWIMMING IS A SKILL THAT CAN PROVIDE A LIFETIME OF ENJOYMENT. SWIMMING FAST IS A FUNDATMENT SKILL OF WATER POLO. GOOD SWIMMERS MAKE GOOD WATER POLO PLAYERS AND VICE VERSA. WE ENCOURAGE WATER POLO PLAYERS TO DEVELOP A PASSION FOR SWIMMING FAST AND BUILDING THEIR CARDIO BASE TO PLAY AT THE HIGHEST LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 AN ADVANCE COPY OF FORM 990 AND SUPPORTING SCHEDULES IS PROVIDED TO ALL BOARD MEMBERS IN ADVANCE OF FILING, WITH COVER MEMO REQUESTING FULL REVIEW AND IDENTIFYING SPECIFIC AREAS FOR ATTENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL THE BOARD MEMBERS ARE COMPENSATED FOR WORK IN ADDITION TO BOARD DUTIES,THEY ARE NOT COMPENSATED FOR BEING A BOARD MEMBER. THE COMPENSATION OF THE BOARD IS BASED ON INDUSTRY STANDARD FOR A WATER POLO CLUB OF SIMILAR SIZE BOTH NON-PROFIT AND FOR-PROFIT. THE SALARIES ARE EITHER LOWER THAN AVERAGE OR NOMINAL BASED ON THAT AVERAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZING AND GOVERNING DOCUMENTS, POLICIES, FORM 990S, CALIFORNIA FORMS 199, RRF-1 AND FINANCIALS ARE AVAILABLE UPON REQUEST; DURING REGULAR BUSINESS HOURS AT THE ADDRESS OF RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COACHES: PROGRAM SERVICE EXPENSES 200,921. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,921.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM PEVEHOUSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREAS
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
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ReturnHeader/Filer/BusinessNameControlTxt0SOCA
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ReturnHeader/Filer/PhoneNum07147305397
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 W MAIN STREET 10
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

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