Civic Intelligence

H2 O Lyfe

990EZ • Fiscal year 2023 • EIN 88-1173645

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 11, 2024

Organization ProfileN/A
27501 S Western AveRancho Palos Verdes, CA 90275

(310) 831-0311

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

93rd percentile

131%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$5,372

Up $3,047 (+131%) from 2022

Net Assets

Up

$5,372

Up $13,726 (+164%) from 2022

Liabilities

Down

$0

Down $10,679 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin81st percentile

Revenue

Up

$46,939

Up $46,939 from 2022

Expenses

Up

$33,213

Up $24,859 (+298%) from 2022

Net Income

Up

$13,726

Up $22,080 (+264%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$200K$150K$100K$50K$0-$50KAssets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $2,325Liabilities 2022: $10,679Net Assets 2022: -$8,3542022Assets 2023: $5,372Liabilities 2023: $0Net Assets 2023: $5,3722023Assets 2024: $175,549Liabilities 2024: $0Net Assets 2024: $175,5492024

Highlighted filing

2023

Assets$5,372
Liabilities$0
Net Assets$5,372
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $8,354Net Income 2022: -$8,3542022Revenue 2023: $46,939Expenses 2023: $33,213Net Income 2023: $13,7262023Revenue 2024: $273,104Expenses 2024: $102,927Net Income 2024: $170,1772024

Highlighted filing

2023

Revenue$46,939
Expenses$33,213
Net Income$13,726
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 11, 2024
Return Version
2023v5.1
Gross Receipts
$46,939
Mission and Program Overview

Mission

Promotion of mental health for all people through participation in activities on, in, under or around water, such as surfing, sailing, kayaking, paddle boarding and other water activities.

Program Services

DescriptionGrantsExpenses
The club held a number of beach and ocean related events, including surfing, sailing, kayaking, paddle boarding and volleyball to promote mental health for kids and young adults and community's involvement in water sports and issues of mental health.-$46,939
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom FrewPresident-$0--
Filing and Contact Details

Filer

Filer Name
H2O Lyfe
EIN
88-1173645
Phone
3108310311
Address
27501 S Western Ave, Rancho Palos Verdes, CA 90275

Signing Officer

Name
Tom Frew
Title
President
Signed
2024-10-11
Discuss with paid preparer
Yes

Preparer

Firm
The Anderson Company CPA
Address
23001 Hawthorne Blvd Suite 202, Torrance, CA 90505
Preparer
John W Anderson
Phone
4242471920
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $26148”

Other Expenses.1005

“Travel $1025”

Other Expenses.1012

“Insurance $2536”

Other Expenses.1

“Workers Compensation $515”

Other Expenses.2

“Community Events $469”

Other Expenses.3

“Bank/Merchant Fees $125”

Other Expenses.4

“Dues & Subscriptions $70”

Other Expenses.5

“Licenses and Permits $25”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $2325 Prepaid Expenses and Deferred Charges - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $10679 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix137 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Tom Frew
IRS990EZ/BooksInCareOfDetail/PhoneNum03108310311
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt027501 S Western Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Rancho Palos Verdes
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090275
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05372
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt046939
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013726
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02325
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05372
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt046939
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-8354
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05372
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-8354
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05372
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tom Frew
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02325
IRS990EZ/OtherExpensesTotalAmt030913
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promotion of mental health for all people through participation in activities on, in, under or around water, such as surfing, sailing, kayaking, paddle boarding and other water activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The club held a number of beach and ocean related events, including surfing, sailing, kayaking, paddle boarding and volleyball to promote mental health for kids and young adults and community's involvement in water sports and issues of mental health.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt046939
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010679
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt033213
IRS990EZ/TotalProgramServiceExpensesAmt046939
IRS990EZ/TotalRevenueAmt046939
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt046939
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt046939
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt046939
IRS990ScheduleA/Total509Grp/TotalAmt046939
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt046939
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt046939
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $26148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Workers Compensation $515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Community Events $469
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank/Merchant Fees $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues & Subscriptions $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses and Permits $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prepaid Expenses and Deferred Charges - Beginning $2325 Prepaid Expenses and Deferred Charges - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $10679 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tom Frew
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0H2O Lyfe
ReturnHeader/Filer/BusinessNameControlTxt0H2OL
ReturnHeader/Filer/EIN0881173645
ReturnHeader/Filer/PhoneNum03108310311
ReturnHeader/Filer/USAddress/AddressLine1Txt027501 S Western Ave
ReturnHeader/Filer/USAddress/CityNm0Rancho Palos Verdes
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090275
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954892107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Anderson Company CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023001 Hawthorne Blvd Suite 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Torrance
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090505
ReturnHeader/PreparerPersonGrp/PhoneNum04242471920
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John W Anderson
ReturnHeader/ReturnTs02024-10-11T17:09:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,372
Liabilities
$0
Net assets
$5,372
Revenue
$46,939
Expenses
$33,213
Net income
$13,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$2.73$1.03$1.70
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.47$0.33$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.11$0.08$0.00$0.08$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00