Overview
What is American River Water Polo Club Inc?
American River Water Polo Club Inc, located in Carmichael, California, is a nonprofit organization dedicated to promoting and encouraging both recreational and competitive water polo. This community-focused club, with a team of 27 employees, covers various expenses associated with training, competitions, and travels for its youth members. The organization's mission is to foster a sense of camaraderie and competitive spirit, potentially leading to national or international water polo competitions. The club provides essential support and opportunities for young athletes to engage in this sport, contributing to their personal growth and team development.
Official website here: www.arwpc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
The American River Water Polo Club Inc has received a 58% rating from Charity Navigator, indicating significant areas for improvement in accountability and finance practices. The lack of independent board members and missing key financial documents reflects a concerning transparency level, which is essential for donor trust and organizational governance.
Despite these shortcomings, the organization demonstrates a strong commitment to its mission, as evidenced by its high program expense ratio of 87.76%. This indicates that a substantial portion of its resources is allocated directly to its programs rather than administrative costs. However, the absence of essential policies, such as a whistleblower protection policy and proper document retention procedures, raise potential risks regarding accountability.
Overall, while the American River Water Polo Club Inc is effectively channeling funds into programs, it must address its governance and transparency issues to enhance its credibility and foster greater trust among stakeholders. The organization is encouraged to prioritize establishing independent board membership and improving financial documentation practices.
This AI summary has been generated from information found on Charity Navigator.
Is American River Water Polo Club Inc legitimate?
American River Water Polo Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American River Water Polo Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,870
For more financial information, click here
Official website here: www.arwpc.com
What is the mission statement of American River Water Polo Club Inc?
The American River Water Polo Club Inc is committed to promoting and supporting both recreational and competitive water polo. Their mission extends to fostering opportunities for national or international water polo competitions. The primary goal of this organization is to encourage water polo participation at various levels, thereby facilitating competitions on a broader scale. The club also invests in youth sports programs, covering training, competition, and travel expenses, ensuring financial accessibility for aspiring water polo players.
Official website here: www.arwpc.com
Who is the CEO of American River Water Polo Club Inc?
Rafael Ruano is the Director of American River Water Polo Club Inc.
Official website here: www.arwpc.com
What is the revenue of American River Water Polo Club Inc?
American River Water Polo Club Inc's revenue in 2022 was $470,828.
Official website here: www.arwpc.com
Who are the executives of American River Water Polo Club Inc and what are their salaries?
The average compensation at American River Water Polo Club Inc during 2022 was $7,069. There are 27 employees at American River Water Polo Club Inc.
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Official website here: www.arwpc.com
Where can I find the form 990 for American River Water Polo Club Inc?
American River Water Polo Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arwpc.com
Learn more at the official website: www.arwpc.com
Mission Statement of American River Water Polo Club Inc
American River Water Polo Club Inc is dedicated to promoting and supporting both recreational and competitive water polo. Their mission is to foster an environment that encourages national or international competition in this sport. The organization aims to provide opportunities for individuals to participate in water polo at various levels, from training to competition, and even covering associated travel costs. By doing so, American River Water Polo Club Inc contributes to the growth and development of water polo, engaging players and fostering a sense of camaraderie within the community.
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Impact
July, 2024
American River Water Polo Club Inc has a significant impact on the community by providing youth sports programs that promote and support recreational and competitive water polo. Through covering training, competition, and travel costs, the club fosters a love for the sport among young athletes in Carmichael, CA. By offering opportunities for national and international water polo competition, the club helps develop skills, teamwork, and sportsmanship in its participants. The club's dedication to promoting water polo at both recreational and competitive levels contributes to the overall growth and success of the sport in the local community and beyond.
This information is meant to be a general summary of American River Water Polo Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,505
- Program Service Revenue: $461,037
- Gross Receipts: $470,828
Assets and Liabilities:
- Total Assets: $269,585
- Total Liabilities: $13,492
- Net Assets: $256,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$364,598
WATER POLO TOURNAMENTS
Revenue
$96,439
Organization Details
Founding Year
2009
Phone
(916) 730-9653Principal Officer
Rafael Ruano
Main Address
4005 MANZANITA AVENUESTE 6 PMB 240, CARMICHAEL, CA, 956081779
Website
www.arwpc.comNTEE Category
Code: N67 - Recreation
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