Nonprofit · EIN 45-3070854
AQUATICS CAPITAL OF AMERICA
Tax-exempt (reinstated) · LONG BEACH, CA 90803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $55,756 | $73,148 | -$17,392 | $15,494 | $0 | $15,494 |
| December 31, 2023 | 990 | $84,581 | $87,831 | -$3,250 | $32,886 | $0 | $32,886 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $55,756
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,994
- Salaries, compensation and benefits (total)
- $7,259
- Professional fundraising fees
- $0
- Accounting fees
- $163
- Occupancy
- $1,551
- Program services (functional)
- $64,223
- Management and general (functional)
- $2,926
- Fundraising (functional)
- $5,999
Balance sheet and other
- Total assets, start of year
- $32,886
- Total assets, end of year
- $15,494
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,494
- Gross receipts
- $55,756
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD FOSTER | EXECUTIVE COMMITTEE Trustee or director, Officer | 4 | $0 |
| ANDREW BARBER | TREASURER Trustee or director, Officer | 1 | $0 |
| GREG SHEA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KIM ONISKO | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MADELYNNE MERRILL | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD FOSTER | EXECUTIVE COMMITTEE Trustee or director, Officer | 4 | $0 |
| ANDREW BARBER | TREASURER Trustee or director, Officer | 1 | $0 |
| MATT GRUNEISEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KIM ONISKO | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAINA GROVER | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4712 2ND ST 836, LONG BEACH, CA 90803-5309
- In care of
- % RICHARD FOSTER
- Principal officer (990 for 2024)
- RICHARD FOSTER, 6201 E APPIAN WAY, LONG BEACH, CA 90803
- Signed the 990
- RICHARD FOSTER, TREASURER
- Phone
- (562) 595-0501
- Website
- WWW.AQUATICCAPITAL.ORG
- Return prepared by
- CRISELL & ASSOCIATES CPA'S
California records
California keeps its own records of charities and corporations. Search them by EIN 45-3070854 or by the name AQUATICS CAPITAL OF AMERICA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O FOR THE MISSION STATEMENT DETAIL.
Program accomplishments
- "NAPLES ISLAND SWIM/SUP EVENT" - THE ORGANIZATION HELD ITS ANNUAL AQUATIC MEET ON NAPLES ISLAND IN WHICH COMPETITORS SWAM AND PADDLED IN THE WATER SURROUNDING THE ISLAND. THE EVENT HIGHLIGHTS THE ACHIEVEMENTS OF SWIMMERS AND PADDLERS OF ALL AGES IN A COMPETITION THAT HAS BEEN A SUMMER STAPLE FOR DECADES.Expenses $34,223
- WATERPROOF OUR YOUTH PROGRAM: THE ORGANIZATION PROVIDED FREE SWIM LESSONS FOR OVER 300 UBDERSERVED CHILDREN FROM THE COMMUNITY. THE PROGRAM IS DESIGNED TO IMPROVE THE SAFETY OF YOUTHS IN AND AROUND WATER AND REDUCE THE LIKELIHOOD OF INJURY OR DEATH FROM WATER RELATED ACTIVITIES.Expenses $30,000
- OTHER PROGRAM SERVICES INCLUDE SUPPORT TO THE LONG BEACH GIVES CAMPAIGN, SCHOLARSHIPS TO VARIOUS STUDENTS RECOGNIZED BY COACHES AND TEACHERS FOR OUTSTANDING ACCOMPLISHMENTS IN AQUATIC ENDEAVORS, AND SUPPORT TO LOCAL AQUATIC PROGRAMS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3070854
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A84)
- Assets (IRS master file)
- $15,494
- Income (IRS master file)
- $55,756
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- December 9, 2013
- Reinstated
- Effective July 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $55,756 | $73,148 | $15,494 | XML |
| 990 | December 2023 | $84,581 | $87,831 | $32,886 | XML |
| 990 | December 2022 | $55,173 | $63,299 | $36,136 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3070854).
Questions about AQUATICS CAPITAL OF AMERICA
- What is the EIN of AQUATICS CAPITAL OF AMERICA?
- The employer identification number (EIN) of AQUATICS CAPITAL OF AMERICA is 45-3070854.
- Is AQUATICS CAPITAL OF AMERICA tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective July 15, 2013.
- Are donations to AQUATICS CAPITAL OF AMERICA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AQUATICS CAPITAL OF AMERICA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AQUATICS CAPITAL OF AMERICA due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AQUATICS CAPITAL OF AMERICA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AQUATICS CAPITAL OF AMERICA?
- The 990 for the year ended December 31, 2024 names RICHARD FOSTER.
- Who are the officers and directors of AQUATICS CAPITAL OF AMERICA?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does AQUATICS CAPITAL OF AMERICA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $55,756, expenses of $73,148 and total assets of $15,494 at year end.
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All nonprofits in LONG BEACH · California · Arts, culture and humanities