Civic Intelligence

Walnut Creek Aquabears Swim Team

EIN 94-1693715 • 501(c)3 • Walnut Creek, CA

Profile

Provide competitive swim instruction to children ages 5 to 19. Instruction is after school and on weekends. Swimmers compete in local, regional, and national meets. Walnut Creek Aquabears is a member club of USA Swimming, our sport's National Governing Body. Coaching staff is paid. All other work is provided by team parents on a volunteer basis.

PO Box 3462Walnut Creek, CA 94598

www.aquabears.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

33rd percentile

-3.3%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$122,762

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

11th percentile

-26%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

4.3%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$59,210

Down $20,477 (-26%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$59,210

Down $20,477 (-26%) from 2023

Revenue

Up

$624,242

Up $25,517 (+4.3%) from 2023

Expenses

Up

$644,719

Up $46,223 (+7.7%) from 2023

Net Income

Down

-$20,477

Down $20,706 (-9042%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $19,730Liabilities 2011: $02011Assets 2012: $14,858Liabilities 2012: $0Net Assets 2012: $14,8582012Assets 2013: $27,049Liabilities 2013: $0Net Assets 2013: $27,0492013Assets 2014: $3,471Liabilities 2014: $0Net Assets 2014: $3,4712014Assets 2015: $32,696Liabilities 2015: $0Net Assets 2015: $32,6962015Assets 2016: $82,801Liabilities 2016: $0Net Assets 2016: $82,8012016Assets 2017: $59,686Liabilities 2017: $0Net Assets 2017: $59,6862017Assets 2018: $14,955Liabilities 2018: $0Net Assets 2018: $14,9552018Assets 2019: $26,370Liabilities 2019: $0Net Assets 2019: $26,3702019Assets 2020: $85,519Liabilities 2020: $78,437Net Assets 2020: $85,5792020Assets 2021: $58,194Liabilities 2021: $0Net Assets 2021: $58,1942021Assets 2022: $79,458Liabilities 2022: $0Net Assets 2022: $79,4582022Assets 2023: $79,687Liabilities 2023: $0Net Assets 2023: $79,6872023Assets 2024: $59,210Liabilities 2024: $0Net Assets 2024: $59,2102024

Highlighted filing

2024

Assets$59,210
Liabilities$0
Net Assets$59,210

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $425,783Expenses 2011: $451,671Net Income 2011: -$25,8882011Revenue 2012: $441,219Expenses 2012: $446,091Net Income 2012: -$4,8722012Revenue 2013: $533,108Expenses 2013: $520,917Net Income 2013: $12,1912013Revenue 2014: $618,161Expenses 2014: $641,739Net Income 2014: -$23,5782014Revenue 2015: $592,061Expenses 2015: $562,836Net Income 2015: $29,2252015Revenue 2016: $600,538Expenses 2016: $550,433Net Income 2016: $50,1052016Revenue 2017: $583,530Expenses 2017: $606,645Net Income 2017: -$23,1152017Revenue 2018: $586,096Expenses 2018: $630,827Net Income 2018: -$44,7312018Revenue 2019: $650,543Expenses 2019: $639,128Net Income 2019: $11,4152019Revenue 2020: $615,719Expenses 2020: $556,570Net Income 2020: $59,1492020Revenue 2021: $442,335Expenses 2021: $469,660Net Income 2021: -$27,3252021Revenue 2022: $573,540Expenses 2022: $552,275Net Income 2022: $21,2652022Revenue 2023: $598,725Expenses 2023: $598,496Net Income 2023: $2292023Revenue 2024: $624,242Expenses 2024: $644,719Net Income 2024: -$20,4772024

Highlighted filing

2024

Revenue$624,242
Expenses$644,719
Net Income-$20,477

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$6.24$6.45$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$5.99$5.98$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$5.74$5.52$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$4.42$4.70$0.27
2020Summary only. Only limited summary data is available for this year.$0.86$0.78$0.86$6.16$5.57$0.59
2019Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$6.51$6.39$0.11
2018Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$5.86$6.31$0.45
2017Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$5.84$6.07$0.23
2016Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$6.01$5.50$0.50
2015Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$5.92$5.63$0.29
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$6.18$6.42$0.24
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$5.33$5.21$0.12
2012Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$4.41$4.46$0.05
2011Summary only. Only limited summary data is available for this year.$0.20$0.00$4.26$4.52$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$624,242
Mission and Program Overview

Mission

Provide competitive swim instruction to children ages 5 to 19. Instruction is after school and on weekends. Swimmers compete in local, regional, and national meets. Walnut Creek Aquabears is a member club of USA Swimming, our sport's National Governing Body. Coaching staff is paid. All other work is provided by team parents on a volunteer basis.

Provide competitive swim instruction to children ages 5 to 19. Instruction is after school and on weekends. Swimmers compete in local, regional, and national swim meets. Walnut Creek Aquabears is a member club of USA Swimming, our sport's National Governing Body. The coaching staff is paid. All other work is provided by team parents on a volunteer basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$79,687$59,210▼ $20,477
Total Assets$79,687$59,210▼ $20,477
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$79,687$59,210▼ $20,477
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$79,687$59,210▼ $20,477
Total Liabilities and Net Assets / Fund Balance$79,687$59,210▼ $20,477
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike HeaneyHead CoachFT$82,170$40,592$122,762
Todd KrohnAsst Head CoachFT$89,040-$89,040
Russell MikuniHead Age Group CoachFT$49,500$10,220$59,720
Richard MillingtonEmeritus CoachPT$33,600-$33,600

Board Members and Trustees

NameTitle
Heidi McMillanPresident
Donna DavisVice President
Peter Thomasat large member
open positionat large member
Andy NonakaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$593,243
Program Service Revenue
$30,657
Investment Income
$0
Other Revenue
$342
All Other Contributions
$0
Change in Net Assets
$-20,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$455,942
Other Expenses$188,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$206,092$0$0$206,092
Other Salaries and Wages$104,722$0$0$104,722
Payroll Taxes$94,316$0$0$94,316
Travel$61,377$0$0$61,377
Occupancy$60,684$0$0$60,684
Other Employee Benefits$50,812$0$0$50,812
Other Expenses$17,828$0$0$17,828
All Other Expenses$12,794$0$0$12,794
Insurance$10,661$0$0$10,661
Fees for Services Legal$6,004$0$0$6,004
Office Expenses$4,011$0$0$4,011
Fees for Services Accounting$3,070$0$0$3,070
Interest$847$0$0$847
Information Technology$264$0$0$264
Total Functional Expenses$644,719$0$0$644,719
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The team financials are available to any team members upon request. The board meetings are open to all members of the team. Any questions regarding team policy and/or financials can be addressed during the board meetings.

Form 990, Part VI, Section C, Line 18

All information is available to team members upon request. The board meetings are open to all members of the team. Any questions regarding team policy and/or financials can be addressed during the board meetings.

Form 990, Part VI, Section C, Line 19

All information is available to team members upon request. The board meetings are open to all members of the team. Any questions regarding team policy and/or financials can be addressed during the board meetings.

Filing and Contact Details

Filer

Filer Name
Walnut Creek Aquabears Swim Team
EIN
94-1693715
Phone
9259395990
Address
PO Box 3462, Walnut Creek, CA 94598

Signing Officer

Name
Todd Krohn
Title
Treasurer
Phone
9259395990
Signed
2024-11-15

Organization Details

Principal Officer
Mike Heaney
Formed
1969
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
5
Employees
14
Volunteers
25
Raw XML AppendixShowing 400 of 495 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.

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IRS990/MissionDesc0Provide competitive swim instruction to children ages 5 to 19. Instruction is after school and on weekends. Swimmers compete in local, regional, and national meets. Walnut Creek Aquabears is a member club of USA Swimming, our sport's National Governing Body. Coaching staff is paid. All other work is provided by team parents on a volunteer basis.
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt079687
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt059210
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt060684
IRS990/OccupancyGrp/TotalAmt060684
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt04011
IRS990/OfficeExpensesGrp/TotalAmt04011
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt050812
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050812
IRS990/OtherExpensesGrp/Desc0USA Swimming Registration
IRS990/OtherExpensesGrp/Desc1Hosted Swim Meets
IRS990/OtherExpensesGrp/Desc2Team Gear and Equipments
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt011237
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt217828
IRS990/OtherExpensesGrp/TotalAmt011237
IRS990/OtherExpensesGrp/TotalAmt10
IRS990/OtherExpensesGrp/TotalAmt217828
IRS990/OtherInd0X
IRS990/OtherOrganizationDsc0non-profit
IRS990/OtherRevenueTotalAmt0342
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104722
IRS990/OtherSalariesAndWagesGrp/TotalAmt0104722
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt094316
IRS990/PayrollTaxesGrp/TotalAmt094316
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Mike Heaney
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Hosted Swim Meets
IRS990/ProgramServiceRevenueGrp/Desc1Travel Meets
IRS990/ProgramServiceRevenueGrp/Desc2USA Swimming Registration
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130545
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2112
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Costs relating to hosting local and regional competitive swim meets.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt017827
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Coach and swimmer expenses for travel to compete in local, regional, and national competitions
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt061377
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt030657
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Expenses: Legal Fees $6,004.40, Accounting Fees $3,070.34, Office Expenses $4,011.48, Interest $847.27, Bank fees $264.00, State Tax/Fee $310.00, Certification $2,216.00, Gifts $8,800.00, Supplement to Coaches $590.00, Dues $225.00, Social Activities $653.47
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt026991
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0342
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0573693
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0194873
IRS990/PYOtherRevenueAmt0415
IRS990/PYProgramServiceRevenueAmt024617
IRS990/PYRevenuesLessExpensesAmt0229
IRS990/PYSalariesCompEmpBnftPaidAmt0403623
IRS990/PYTotalExpensesAmt0598496
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0598725
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-20477
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0593243
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0593243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0573693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0504036
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0442335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0463223
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02576530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt030999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt025032
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt069504
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0152496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0278031
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt02854561
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0624242
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0598725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0573540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0442335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0615719
IRS990ScheduleA/Total509Grp/TotalAmt02854561
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0624242

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