Civic Intelligence

Chino Hills Aquatics

990 • Fiscal year 2020 • EIN 81-0909629

Aug 01, 2019 to Jul 31, 2020 • Filed on Oct 06, 2020

11018 Maplefield StSouth El Monte, CA 91733

(626) 376-7904

Siviq Scores

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

Liabilities / Assets

98th percentile

3.03x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.23x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-10%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$22,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-42%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-28%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$26,461

Down $18,836 (-42%) from 2019

Net Assets

Down

-$53,597

Down $35,096 (-190%) from 2019

Liabilities

Up

$80,058

Up $16,260 (+25%) from 2019

Revenue

Down

$347,796

Down $137,309 (-28%) from 2019

Expenses

Down

$382,892

Down $83,504 (-18%) from 2019

Net Income

Down

-$35,096

Down $53,805 (-288%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2017: $28,476Liabilities 2017: $46,807Net Assets 2017: -$18,3312017Assets 2018: $27,881Liabilities 2018: $65,091Net Assets 2018: -$37,2102018Assets 2019: $45,297Liabilities 2019: $63,798Net Assets 2019: -$18,5012019Assets 2020: $26,461Liabilities 2020: $80,058Net Assets 2020: -$53,5972020Assets 2021: $145,450Liabilities 2021: $239,563Net Assets 2021: -$94,1132021Assets 2022: $63,353Liabilities 2022: $149,158Net Assets 2022: -$85,8052022Assets 2023: $53,934Liabilities 2023: $145,002Net Assets 2023: -$91,0682023

Highlighted filing

2020

Assets$26,461
Liabilities$80,058
Net Assets-$53,597

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $405,246Expenses 2017: $423,577Net Income 2017: -$18,3312017Revenue 2018: $345,362Expenses 2018: $364,241Net Income 2018: -$18,8792018Revenue 2019: $485,105Expenses 2019: $466,396Net Income 2019: $18,7092019Revenue 2020: $347,796Expenses 2020: $382,892Net Income 2020: -$35,0962020Revenue 2021: $86,919Expenses 2021: $127,435Net Income 2021: -$40,5162021Revenue 2022: $413,197Expenses 2022: $404,889Net Income 2022: $8,3082022Revenue 2023: $414,026Expenses 2023: $419,289Net Income 2023: -$5,2632023

Highlighted filing

2020

Revenue$347,796
Expenses$382,892
Net Income-$35,096
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Oct 6, 2020
Return Version
2019v5.0
Gross Receipts
$347,796
Mission and Program Overview

Mission

To encourage and develop a long lasting, sustainable program with the tenants of water safety education, character and leadership development through aquatics programs and community aquatics services for all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,322$22,950▼ $2,372
Loans From Officers Directors$42,392$20,498▼ $21,894
Accounts Receivable$19,975$3,511▼ $16,464
Total Assets$45,297$26,461▼ $18,836
Liabilities
Unsecured Notes Loans Payable-$57,659-
Other Liabilities$3,589$1,072▼ $2,517
Accounts Payable and Accrued Expenses$17,817$829▼ $16,988
Total Liabilities$63,798$80,058▲ $16,260
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-18,501$-53,597▼ $35,096
Total Net Assets Fund Balance$-18,501$-53,597▼ $35,096
Total Liabilities and Net Assets / Fund Balance$45,297$26,461▼ $18,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Becky MoonCEO/head COAPT$22,000$22,000
Yvonne BryanTreasurerPT$2,065$2,065

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$61,324
Program Service Revenue
$284,566
Investment Income
$0
Other Revenue
$1,906
All Other Contributions
$51,324
Change in Net Assets
$-35,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$212,591
Other Expenses$170,301
Total Fundraising Expense$52,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,818$5,737$28,686$169,241
Occupancy$37,369--$37,369
Payments to Affiliates$33,422--$33,422
Insurance$19,025$1,646$3,480$24,151
Current Officers, Directors, Trustees, and Key Employees-$24,065-$24,065
Payroll Taxes$15,813$579$2,893$19,285
Travel$12,602--$12,602
Conferences and Meetings$8,820--$8,820
All Other Expenses$4,710$76-$4,786
Interest-$4,634-$4,634
Information Technology$3,559$130$651$4,340
Fees for Services Other$3,146$102$512$3,760
Other Expenses$2,166$12,844$15,196$2,166
Office Expenses$1,597$59$293$1,949
Fees for Services Accounting-$1,160-$1,160
Advertising$234$9$440$683
Total Functional Expenses$279,700$51,041$52,151$382,892
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
Loans from Officers, Directors, Trustees, and Key Employees$42,392$20,498▼ $21,894
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$662
Accrued Refund Request$410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

The complete board reviews the 990 electronically before filing, and the treasurer is responsible for resolving questions. The ceo/head coach provides the final review and signs the return.

Form 990, Page 6, Part VI, Line 12C

Enforcement of the conflict of interest policy is continuous. A member with a conflict of interest must disclose it prior to discussion of the matter, and must abstain from voting on the matter.

Form 990, Page 6, Part VI, Line 15A

The board determines the ceo/head coach salary by referencing the asca coach salary survey. The agreement is formalized into an employment contract and is reviewed annually.

Form 990, Page 6, Part VI, Line 15B

Other employee salaries are determined by the ceo/head coach and are based on expertise and tenure. Salaries must fall within the board approved budget for compensation.

Form 990, Page 6, Part VI, Line 19

Copies of forms 1023, 990 and governing documents are available upon request at the organization's headquarters.

Filing and Contact Details

Filer

Filer Name
Chino Hills Aquatics
EIN
81-0909629
Phone
6263767904
Address
11018 MAPLEFIELD ST, SOUTH EL MONTE, CA 91733

Signing Officer

Name
Becky Moon
Title
CEO/head Coach
Phone
6263767904
Signed
2020-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Moon
Formed
2016
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
20
Volunteers
500

Preparer

Firm
Robert Clark CPA LLC
Address
9201 MONTGOMERY BLVD NE STE 701, ALBUQUERQUE, NM 87111-2470
Preparer
Robert S Clark CPA
Phone
5058843703
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Aquatics programs: furthered the interest and education of water safety by providing aquatics programs for all ages. Including but not limited to swim lessons and competitive amateur aquatics sports. Group swim lessons are provided for children starting at 2 years old, up on into adulthood, during june through august serving approximately 320 swimmers per summer. The chino hills competitive swim team, ages 5-18 averages 280 year-round swimers. Private coaching and swim instruction is one-on-one instruction provided by the swim instructors and coaches, and serves over 100 individuals, teaching everything from high level competition technique to adult non-swimers overcoming the fear of water. 2-4 free drown-proofing clinics are open to the public each year, averaging 50-100 participants, teaching water safety and home pool safety. Chino hills also maintained a membership with national governing bodies affiliated with regulations for competitive aquatics sports.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AQUATICS PROGRAMS: FURTHERED THE INTEREST AND EDUCATION OF WATER SAFETY BY PROVIDING AQUATICS PROGRAMS FOR ALL AGES. INCLUDING BUT NOT LIMITED TO SWIM LESSONS AND COMPETITIVE AMATEUR AQUATICS SPORTS. GROUP SWIM LESSONS ARE PROVIDED FOR CHILDREN STARTING AT 2 YEARS OLD, UP ON INTO ADULTHOOD, DURING JUNE THROUGH AUGUST SERVING APPROXIMATELY 320 SWIMMERS PER SUMMER. THE CHINO HILLS COMPETITIVE SWIM TEAM, AGES 5-18 AVERAGES 280 YEAR-ROUND SWIMERS. PRIVATE COACHING AND SWIM INSTRUCTION IS ONE-ON-ONE INSTRUCTION PROVIDED BY THE SWIM INSTRUCTORS AND COACHES, AND SERVES OVER 100 INDIVIDUALS, TEACHING EVERYTHING FROM HIGH LEVEL COMPETITION TECHNIQUE TO ADULT NON-SWIMERS OVERCOMING THE FEAR OF WATER. 2-4 FREE DROWN-PROOFING CLINICS ARE OPEN TO THE PUBLIC EACH YEAR, AVERAGING 50-100 PARTICIPANTS, TEACHING WATER SAFETY AND HOME POOL SAFETY. CHINO HILLS ALSO MAINTAINED A MEMBERSHIP WITH NATIONAL GOVERNING BODIES AFFILIATED WITH REGULATIONS FOR COMPETITIVE AQUATICS SPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETE BOARD REVIEWS THE 990 ELECTRONICALLY BEFORE FILING, AND THE TREASURER IS RESPONSIBLE FOR RESOLVING QUESTIONS. THE CEO/HEAD COACH PROVIDES THE FINAL REVIEW AND SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS CONTINUOUS. A MEMBER WITH A CONFLICT OF INTEREST MUST DISCLOSE IT PRIOR TO DISCUSSION OF THE MATTER, AND MUST ABSTAIN FROM VOTING ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DETERMINES THE CEO/HEAD COACH SALARY BY REFERENCING THE ASCA COACH SALARY SURVEY. THE AGREEMENT IS FORMALIZED INTO AN EMPLOYMENT CONTRACT AND IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER EMPLOYEE SALARIES ARE DETERMINED BY THE CEO/HEAD COACH AND ARE BASED ON EXPERTISE AND TENURE. SALARIES MUST FALL WITHIN THE BOARD APPROVED BUDGET FOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF FORMS 1023, 990 AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS.
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