2024-05-12T00:07:55-07:00 2023-12-31 990 2023-01-01 205539614 IRVINE YOUTH WATER POLO CORPORATION IRVI 9496890500 14 Sudbury Place Laguna Niguel CA 92677 Nicholas J Baba President & CEO 2024-05-11 Nicholas J Baba 999009999 true 0 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z 14 Sudbury Place Laguna Niguel CA 92677 1917296 false X www.irvinewaterpolo.org X 2006 CA The specific purpose of this corporation is for water polo instruction, practices, and tournament competition for youths between the ages of six and eighteen. 5 5 0 90 0 25000 1693869 1892296 0 0 1693869 1917296 0 0 52200 93622 0 0 1915330 1689277 1967530 1782899 -273661 134397 52171 186568 149900 129583 -97729 56985 The specific purpose of this corporation is for water polo instruction, practices, and tournament competition for youths between the ages of six and eighteen. false false 926729 970611 Water polo tournament competitons for youth ages 8 to 18. We organize, orchestrate, and operate the highest level of youth water polo competition events. These competitions provide a necessary experience over and above training and instruction, for our own members as well as other local, regional, and national youth athletes. We have consistently run these events year after year. In addition to our own long running legacy events, we also host major competitions for USA Water Polo, the national governing body for the sport, as well as offering event support to other groups to elevate the level of their events. Needless to say, the Covid pandemic has hit us hard, as one can see from the negative return for 2020, and if not for Federal and local grants, and Federal EIDL loan we would have needed to shut our doors. In 2021 we were able to begin hosting events in July in order to resume this aspect of our Mission and Program Service Accomplishments. In 2022 we were back to pre-Covid levels but with increased costs of operations forcing increased entry fees increasing our gross as well as expenses. In 2023 we continued to experience increasing costs for operation of events but without increasing entry fees. 811255 867285 National Junior Olympics. This exempt Program Servce could be included in Water Polo Tournament Competitions, but due to its size, and not hosting this event annually, we show it separately. In years where we do host this event for USA Water Polo, as in 2019, our gross income and expenses both rise substantially. When we do not host this event, we are asked to support it, however as this event was not held in 2020 due to the Covid pandemic, we showed a net loss for this year as we have carryover expenses from 2019 paid for in 2020. In 2021 we were allowed to host this event in a modified manner with only California teams allowed to participate, and we will have expenses for this event carried into 2022. We indeed had expenses that carried over into 2022 for National Junior Olympics held in 2021. In 2023 we hosted Junior olympics once again, however a large part of the income and expense shifted to USA Water Polo. 44915 54400 Water Polo Instruction and Training. We offer monthly or quarterly options, and a 2-week trial for those new to the sport in order to teach skills and competition strategy at the introductory, beginner, intermediate and advanced levels. We strive with our youth athletes to instill sportsmanship and a positive teamwork ethic along with the importance of academics, which we hope they will carry with them throughout their lives. We also assist our members with matriculation into institutions of higher learning through education of the matriculation process, prowess within the sport, and emphasis on the importance of academic excellence. Revenue shown in this section is for training and competition fees in order to support coaching costs of training and competitions, and entry fees for events. The negative return in this section for 2020 is due to the Covid pandemic. In 2021 we were gradually allowed to reopen, however combined with another non-profit entity in order to survive.. We did go to months of Virtual Training until we could gradually get back to in-water training, but in order to fully support this aspect of our Mission and Program Service Accomplishments we have combined training and competition efforts with another 501c3 entity, North Irvine Water Polo Club. In 2022 our merged training with North Irvine WPC continued. We continued combined training and competition with North Irvine in 2023. 1782899 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false false false false false true true true false false false false true false CA X X Nicholas Baba 9496890500 14 Sudbury Place Laguna Niguel CA 92677 Nicholas J Baba President & CEO 0.00 0.00 X 93622 0 0 Peter Barbrick Controller 0.00 0.00 X 0 0 0 Victoria Hallam Director 0.00 0.00 X 0 0 0 Marold Kamai Director 0.00 0.00 X 0 0 0 Barbara Hinman Secretary 0.00 0.00 X 0 0 0 93622 0 false false false 0 25000 25000 National Junior Olympics 711210 867285 867285 Water Polo Competitions 711210 970611 970611 Water Polo Instruction 711210 54400 54400 1892296 0 0 0 0 0 0 0 0 0 1917296 1892296 0 0 0 0 93622 93622 0 0 0 0 0 0 24838 24838 0 0 0 0 0 0 14185 14185 38250 38250 0 0 0 0 0 13606 13606 0 0 0 2023 NJO Expenses 721255 721255 2023 Event Admin & Facilities 565262 565262 Referees 235559 235559 EC Cup Donation 2022 & 2023 37285 37285 39037 39037 1782899 1782899 0 0 49313 181803 2858 4765 0 0 0 0 0 0 0 0 0 0 0 0 0 52171 186568 149900 129583 149900 129583 X -97729 56985 -97729 56985 52171 186568 X 134397 20317 X false false false X 51582 89030 10052 41600 79400 271664 1932883 500812 1406175 1652269 1837896 7330035 0 0 0 1984465 589842 1416227 1693869 1917296 7601699 0 0 7601699 0 0 0 0 1984465 589842 1416227 1693869 1917296 7601699 1.00000 1.00000 0.00000 X Form 990, Part VI, Section B, Line 11b PDF emailed Form 990, Part VI, Section B, Line 15b Our entity does not compensate any Officer or Director merely based on their position, in accordance with our by-laws. However these individuals may be compensated for specific duties related to our exempt programs in such a manner that any compensation in total does not exceed the revenue generated for that specific exempt program or project..NOTE Any compensation shown within this return to Officers or Directors is not for their position. It can only be for a specific exempt function or project per our by-laws.Please advise if these amounts, if any, need to be shown elsewhere within the return. Form 990, Part VI, Section C, Line 18 Upon request through our web site, one may request PDF for governing documents and 990 as required by section 6104. Form 990, Part VI, Section C, Line 19 Through our web site, one may request PDF for documents as required by section 6104. We have the capicity to distribute our governing documents, conflict of interest policy, form 990, and financial statements to the public upon request. Other corporate information, including our codes of conduct, may be found online at www.irvinewaterpolo.org Form 990, Part XI, Line 9 SBA Loan Principle Paydown = $20317