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Walnut Creek Aquanuts Synchronized Swimming Booster Club

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237103045 ✦ Walnut creek, CA ✦ Designated as a 501(c)(3)

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Overview

What is Walnut Creek Aquanuts Synchronized Swimming Booster Club?

The Walnut Creek Aquanuts Synchronized Swimming Booster Club is a nonprofit organization situated in Walnut Creek, California. Their primary mission is to support and encourage the growth of synchronized swimming athletes, from beginners to elite levels. This is achieved by fostering both physical and mental development, instilling essential skills that will benefit these swimmers throughout their lives. The club's activities primarily focus on training and competitions, with a dedicated workforce of 25 individuals.


Official website here: www.aquanuts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.

The Walnut Creek Aquanuts Synchronized Swimming Booster Club has received a moderate rating of 69%, indicating some strengths in its operations, especially in areas like board independence and financial management. The organization has a strong program expense ratio of 93.50%, which suggests that a significant portion of its resources is dedicated to its programs rather than administrative costs. Additionally, it scores well on accountability aspects such as having a majority of independent board members and a low liabilities-to-assets ratio.

However, the rating also highlights several concerns, particularly the absence of important policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements have significantly impacted its accountability score, which could raise concerns among potential donors about the organization's transparency and governance practices. Overall, while the Walnut Creek Aquanuts has demonstrated solid financial commitment to its programs, addressing these policy gaps could enhance its credibility and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is Walnut Creek Aquanuts Synchronized Swimming Booster Club legitimate?

Walnut Creek Aquanuts Synchronized Swimming Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Creek Aquanuts Synchronized Swimming Booster Club 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: $437,925

For more financial information, click here


Official website here: www.aquanuts.org

What is the mission statement of Walnut Creek Aquanuts Synchronized Swimming Booster Club?

The Walnut Creek Aquanuts Synchronized Swimming Booster Club's mission is focused on developing athletes in the sport of synchronized swimming, nurturing them from novice to elite levels. This is accomplished by fostering both physical and mental growth, instilling essential skills that will benefit these swimmers throughout their lives. The club supports their athletes by providing resources for training and participating in competitions.


Official website here: www.aquanuts.org

Who is the CEO of Walnut Creek Aquanuts Synchronized Swimming Booster Club?

Brett Kawakami is the Head Coach of Walnut Creek Aquanuts Synchronized Swimming Booster Club.


Official website here: www.aquanuts.org

What is the revenue of Walnut Creek Aquanuts Synchronized Swimming Booster Club?

Walnut Creek Aquanuts Synchronized Swimming Booster Club's revenue in 2022 was $1,452,403.


Official website here: www.aquanuts.org

Who are the executives of Walnut Creek Aquanuts Synchronized Swimming Booster Club and what are their salaries?

The average compensation at Walnut Creek Aquanuts Synchronized Swimming Booster Club during 2022 was $17,517. There are 25 employees at Walnut Creek Aquanuts Synchronized Swimming Booster Club.


Here are 11 key members and their salaries:


Kim Probst (Head Coach)
  • Compensation: $63,750
  • Related: $0
  • Other: $0
Heather Olson (Director)
  • Compensation: $45,729
  • Related: $0
  • Other: $0
Kristen Kramer-Smidstra (Director)
  • Compensation: $41,167
  • Related: $0
  • Other: $0
Veronica Cerruti (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Le Chu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Kawakami (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Ovadia (Bingo Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Portillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Sadur (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lei Xia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aquanuts.org

Where can I find the form 990 for Walnut Creek Aquanuts Synchronized Swimming Booster Club?

Walnut Creek Aquanuts Synchronized Swimming Booster Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aquanuts.org

Learn more at the official website: www.aquanuts.org

Mission Statement of Walnut Creek Aquanuts Synchronized Swimming Booster Club

The Walnut Creek Aquanuts Synchronized Swimming Booster Club's mission is centered around nurturing athletes, starting from beginners and progressing them to elite levels, in the sport of synchronized swimming. This mission is achieved by fostering both physical and mental growth in these swimmers, instilling skills that will benefit them throughout their lives. The club supports the training and competition needs of these synchronized swimming athletes.

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Impact




October, 2024

The Walnut Creek Aquanuts Synchronized Swimming Booster Club significantly impacts the local community by nurturing athletes at all levels, from novice to elite, in the world of synchronized swimming. This organization focuses on developing both physical fitness and mental resilience, equipping swimmers with skills that extend beyond the pool and will serve them throughout their lives.

By providing essential support for training and competitions, the Booster Club fosters an environment where athletes can develop their talents, build confidence, and learn the value of teamwork and dedication. The emphasis on holistic development ensures that participants not only excel in synchronized swimming but also grow as individuals, gaining important life skills along the way.

In Walnut Creek, this initiative contributes to the local recreational landscape by promoting an active lifestyle and encouraging youth engagement in sports. The community benefits from increased opportunities for physical activity, teamwork, and personal growth, making the Booster Club a valuable asset to both its athletes and the broader community.




This information is meant to be a general summary of Walnut Creek Aquanuts Synchronized Swimming Booster Club. 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.

Revenue
$1,452,403 (2022)
Expenses
$933,471 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $459,878
  • Gross Receipts: $6,560,520

Assets and Liabilities:

  • Total Assets: $1,335,354
  • Total Liabilities: $34,225
  • Net Assets: $1,301,129

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$459,878

Organization Details

Founding Year

1971

Principal Officer

Brett Kawakami

Main Address

PO BOX 3068, WALNUT CREEK, CA, 94598

NTEE Category

Code: N67 - Recreation

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