Malibu Waterpolo Foundation C-O Mike Mulligan

“Expenses bank fees 30 entry fees 4,895 uniforms & supplies 3,942 team banquet & event supp 1,448 pool fees 6,745 membership fees 335 team travel 336 referee fees 1,154 total 18,885”

“Support waterpolo and other aquatic programs in the community malibu waterpolo foundation continues to be a strong presence in the malibu community. The programs the foundation supports continues to grow. Splashball is a program for the youngest water polo enthusiasts. Splashball teaches 5-9 year olds waterpolo, swimming and water safety. The next level is the youth water polo teams. At this level the teams compete against other youth in their own age groups. Malibu waterpolo foundation also supports waterpolo at the high school level, where in 2012 they were tri valley league champions. The foundation also sponsors waterpolo clinics. These clinics have had incredible turnouts. The foundation is also finding a way to keep the community involved as they graduate from the programs by holding thursday night alumni scrimmages.”

“Part iii - line 28 primary exempt purpose expenditures - 32,817.00 coaching expenditures coaching fees are paid by the foundation as a subsidy to the malibu school district's acquatic programs along with community programs. Outreach programs to the young enthusiast along with the alumni programs continue the purpose of acquatic sports in a water oriented community and serves both safety and skills opportunities.”

“Part iii - line 29 secondary exempt purpose expenditures - 18,855.00 pool and competition entry fees - 11,640.00 team uniforms and supplies - 3,942.00 team events and awards - 1,448.00 referee fees - 1,154.00 membership fees - 335.00 team travel expense - 336.00 all expenditures were for student participation throughout southern california in different levels of competition. Over 70% of the participants enjoyed award recognition in their class. Local banquet events helped the team share their successes with the community.”

“Part iii - line 30 exempt purposes expenditures - 1,067.00 administrative costs are kept at a minimum with printed items, bank fees, and accounting charges. Without administration the students would not have such things as newsletters, schedules, or state authority to operate.”