Civic Intelligence

National Water Ski Racing Association

EIN 95-4569491 • 501(c)7 • LA Palma Ave, CA

Profile

To promote the sport of waterski racing in the usa and abroad. To teach the publicthe standards of safe waterskiing and boat safty.

5291 Sorrento CircleLA Palma Ave, CA 90623

www.nwsra.net

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-8.4%

Higher net margin than 25% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-9.2%

Faster asset growth than 30% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-16%

Faster revenue growth than 24% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$35,995

Down $3,653 (-9.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$35,995

Down $3,653 (-9.2%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin25th percentile

Revenue

Down

$67,041

Down $12,620 (-16%) from 2023

Expenses

Down

$72,695

Down $5,508 (-7.0%) from 2023

Net Income

Down

-$5,654

Down $7,112 (-488%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$60K$40K$20K$0Assets 2010: $47,249Liabilities 2010: $02010Assets 2011: $33,714Liabilities 2011: $02011Assets 2012: $23,063Net Assets 2012: $23,0632012Assets 2013: $26,014Net Assets 2013: $26,0142013Assets 2014: $16,946Net Assets 2014: $16,9462014Assets 2015: $22,738Net Assets 2015: $22,7382015Assets 2016: $32,789Net Assets 2016: $32,7892016Assets 2017: $32,780Net Assets 2017: $32,7802017Assets 2018: $46,225Liabilities 2018: $0Net Assets 2018: $46,2252018Assets 2019: $31,218Liabilities 2019: $0Net Assets 2019: $31,2182019Assets 2020: $25,256Liabilities 2020: $1,950Net Assets 2020: $23,3062020Assets 2021: $27,631Liabilities 2021: $0Net Assets 2021: $27,6312021Assets 2022: $38,190Liabilities 2022: $0Net Assets 2022: $38,1902022Assets 2023: $39,648Liabilities 2023: $0Net Assets 2023: $39,6482023Assets 2024: $35,995Liabilities 2024: $0Net Assets 2024: $35,9952024

Highlighted filing

2024

Assets$35,995
Liabilities$0
Net Assets$35,995
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

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

$100K$50K$0-$50KRevenue 2010: $89,210Expenses 2010: $88,068Net Income 2010: $1,1422010Revenue 2011: $75,706Expenses 2011: $89,241Net Income 2011: -$13,5352011Revenue 2012: $68,051Expenses 2012: $64,571Net Income 2012: $3,4802012Revenue 2013: $64,386Expenses 2013: $61,435Net Income 2013: $2,9512013Revenue 2014: $62,131Expenses 2014: $71,199Net Income 2014: -$9,0682014Revenue 2015: $24,528Expenses 2015: $26,687Net Income 2015: -$2,1592015Revenue 2016: $53,088Expenses 2016: $43,037Net Income 2016: $10,0512016Revenue 2017: $46,616Expenses 2017: $46,625Net Income 2017: -$92017Revenue 2018: $55,806Expenses 2018: $60,171Net Income 2018: -$4,3652018Revenue 2019: $55,400Expenses 2019: $52,596Net Income 2019: $2,8042019Revenue 2020: $23,137Expenses 2020: $31,049Net Income 2020: -$7,9122020Revenue 2021: $52,586Expenses 2021: $48,121Net Income 2021: $4,4652021Revenue 2022: $76,997Expenses 2022: $65,563Net Income 2022: $11,4342022Revenue 2023: $79,661Expenses 2023: $78,203Net Income 2023: $1,4582023Revenue 2024: $67,041Expenses 2024: $72,695Net Income 2024: -$5,6542024

Highlighted filing

2024

Revenue$67,041
Expenses$72,695
Net Income-$5,654
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,995
Liabilities
$0
Net assets
$35,995
Revenue
$67,041
Expenses
$72,695
Net income
-$5,654
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.0$0.00$36.0$67.0$72.7$5.65
2023Detailed filing. Detailed filing data is available for this year.$39.6$0.00$39.6$79.7$78.2$1.46
2022Detailed filing. Detailed filing data is available for this year.$38.2$0.00$38.2$77.0$65.6$11.4
2021Detailed filing. Detailed filing data is available for this year.$27.6$0.00$27.6$52.6$48.1$4.47
2020Detailed filing. Detailed filing data is available for this year.$25.3$1.95$23.3$23.1$31.0$7.91
2019Detailed filing. Detailed filing data is available for this year.$31.2$0.00$31.2$55.4$52.6$2.80
2018Detailed filing. Detailed filing data is available for this year.$46.2$0.00$46.2$55.8$60.2$4.37
2017Detailed filing. Detailed filing data is available for this year.$32.8$32.8$46.6$46.6$0.01
2016Detailed filing. Detailed filing data is available for this year.$32.8$32.8$53.1$43.0$10.1
2015Detailed filing. Detailed filing data is available for this year.$22.7$22.7$24.5$26.7$2.16
2014Detailed filing. Detailed filing data is available for this year.$16.9$16.9$62.1$71.2$9.07
2013Detailed filing. Detailed filing data is available for this year.$26.0$26.0$64.4$61.4$2.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$23.1$68.1$64.6$3.48
2011Summary only. Only limited summary data is available for this year.$33.7$0.00$75.7$89.2$13.5
2010Summary only. Only limited summary data is available for this year.$47.2$0.00$89.2$88.1$1.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.2
Gross Receipts
$67,041
Mission and Program Overview

Mission

To organize and promote the sport of water ski racing in the united states. To teach individuals the standards of safety and safe boating. To promote water ski competition and knowledge to the general public.

To promote the sport of waterski racing in the usa and abroad. To teach the publicthe standards of safe waterskiing and boat safty.

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE SPORT OF WATERSKI RACING IN THE USA AND ABROAD. TO TEACH THE PUBLIC THE STANDARDS OF SAFE WATERSKIING AND BOAT SAFTY.$0$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL LAFRENZPresident-$0--
BRIAN VESLEYVice President-$0--
NIKKI YEDORSecretary-$0--
BONNIE RUSTONTreasuer-$0--
Filing and Contact Details

Filer

Filer Name
National Water Ski Racing Association
EIN
95-4569491
Phone
7145287561
Address
5291 SORRENTO CIRCLE, LA PALMA AVE, CA 90623

Signing Officer

Name
Bonnie Ruston
Title
Treasurer
Phone
7145287561
Signed
2025-10-23
Discuss with paid preparer
Yes

Preparer

Firm
MACIAS GINI & O'CONNELL LLP
Address
111 PACIFICA SUITE 300, IRVINE, CA 92618
Preparer
Michael Nunez
Phone
9499104255
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: awards. Amount: 2,096. Description: bank service charges. Amount: 974. Description: business management fee. Amount: 4,800. Description: dues and subscriptions. Amount: 129. Description: insurances. Amount: 13,232. Description: miscellaneous. Amount: 3,056. Description: patrol. Amount: 5,130. Description: permit fee. Amount: 3,437. Description: race. Amount: 14,635. Description: repairs / equipment. Amount: 600. Description: sanction fees. Amount: 3,475. Description: telelcommunications. Amount: 1,035. Description: meals. Amount: 2,509. Total to form 990-ez, line 16: 55,108.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: prior period adjustment. Amount: 2,001.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from iwsra. Beg. Of year amount: 1,933. End of year amount: 1,933.”

Raw XML Appendix120 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BONNIE RUSTON
IRS990EZ/BooksInCareOfDetail/PhoneNum07148015268
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05291 SORRENTO CIR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LA PALMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090623
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037715
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034062
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt019025
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5654
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0578
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039648
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035995
IRS990EZ/GrossReceiptsAmt067041
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt048016
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039648
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035995
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039648
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035995
IRS990EZ/OccupancyRentUtltsAndMaintAmt016975
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL LAFRENZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN VESLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NIKKI YEDOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BONNIE RUSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASUER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01933
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01933
IRS990EZ/OtherChangesInNetAssetsAmt02001
IRS990EZ/OtherExpensesTotalAmt055108
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE SPORT OF WATERSKI RACING IN THE USA AND ABROAD. TO TEACH THE PUBLICTHE STANDARDS OF SAFE WATERSKIING AND BOAT SAFTY.
IRS990EZ/PrintingPublicationsPostageAmt034
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE SPORT OF WATERSKI RACING IN THE USA AND ABROAD. TO TEACH THE PUBLIC THE STANDARDS OF SAFE WATERSKIING AND BOAT SAFTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt072695
IRS990EZ/TotalRevenueAmt067041
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NWSRA.NET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: AWARDS. AMOUNT: 2,096. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 974. DESCRIPTION: BUSINESS MANAGEMENT FEE. AMOUNT: 4,800. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 129. DESCRIPTION: INSURANCES. AMOUNT: 13,232. DESCRIPTION: MISCELLANEOUS. AMOUNT: 3,056. DESCRIPTION: PATROL. AMOUNT: 5,130. DESCRIPTION: PERMIT FEE. AMOUNT: 3,437. DESCRIPTION: RACE. AMOUNT: 14,635. DESCRIPTION: REPAIRS / EQUIPMENT. AMOUNT: 600. DESCRIPTION: SANCTION FEES. AMOUNT: 3,475. DESCRIPTION: TELELCOMMUNICATIONS. AMOUNT: 1,035. DESCRIPTION: MEALS. AMOUNT: 2,509. TOTAL TO FORM 990-EZ, LINE 16: 55,108.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 2,001.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE FROM IWSRA. BEG. OF YEAR AMOUNT: 1,933. END OF YEAR AMOUNT: 1,933.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE RUSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07145287561
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL WATER SKI RACING ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0954569491
ReturnHeader/Filer/PhoneNum07145287561
ReturnHeader/Filer/USAddress/AddressLine1Txt05291 SORRENTO CIRCLE
ReturnHeader/Filer/USAddress/CityNm0LA PALMA AVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090623
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680300457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MACIAS GINI & O'CONNELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 PACIFICA SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092618
ReturnHeader/PreparerPersonGrp/PhoneNum09499104255
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL NUNEZ
ReturnHeader/ReturnTs02025-10-30T22:30:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)7 • <$500k nonprofits