Overview
What is United States Water Polo Foundation?
The United States Water Polo Foundation, based in Orinda, California, serves as a vital support system for athletes training for both the National and Olympic Water Polo Teams. While the United States Olympic Committee and USA Water Polo offer limited financial assistance, the Foundation steps in to provide additional and enhanced support for these dedicated athletes. The organization's mission primarily revolves around nurturing the sport of water polo and empowering its American representatives on a national level.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
The United States Water Polo Foundation has received a two-star rating from Charity Navigator, indicating that the organization needs improvement. With an overall score of 73%, it demonstrates strengths in several areas of accountability and finance, such as having a fully independent board and no liabilities relative to its assets. The program expense ratio is also commendable at 91.18%, suggesting a significant focus on its mission-related activities.
While the foundation performs well in maintaining an independent board and managing its financial liabilities, there are areas for improvement. The organization documents board meeting minutes adequately; however, the lower score reflects some potential challenges in other operational aspects that may not be fully aligned with best practices in nonprofit management.
Overall, while the foundation shows a commitment to its mission and responsible financial management, stakeholders should be aware of the rating indicating the need for improvement in governance and operational transparency to enhance effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is United States Water Polo Foundation legitimate?
United States Water Polo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Water Polo Foundation 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: $0
For more financial information, click here
What is the mission statement of United States Water Polo Foundation?
The United States Water Polo Foundation's mission is centered around providing financial aid for the sport of water polo and its athletes, specifically the USA National Water Polo Team. They aim to supplement the limited support offered by the USOPC and USA Water Polo, providing meaningful direct athlete support to those training for national and Olympic teams. Their goal is to enhance the athletic experience and potential success of these water polo players.
Who is the CEO of United States Water Polo Foundation?
A Mcdonald is the Board Chair of United States Water Polo Foundation.
What is the revenue of United States Water Polo Foundation?
United States Water Polo Foundation's revenue in 2022 was $76,757.
Who are the executives of United States Water Polo Foundation and what are their salaries?
There 5 volunteers at United States Water Polo Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for United States Water Polo Foundation?
United States Water Polo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United States Water Polo Foundation
The United States Water Polo Foundation is committed to supporting the sport of water polo and the athletes representing the USA National Water Polo Team. This nonprofit organization provides financial assistance, serving as a valuable supplement to the limited funding provided by the USOPC and USA Water Polo. By offering meaningful direct athlete support (DAS), the United States Water Polo Foundation aims to enhance the training and overall experience of these athletes as they strive to excel in national and Olympic competitions.
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Impact
August, 2024
The United States Water Polo Foundation impacts the sport of water polo by providing significant financial support to athletes training for the National and Olympic Water Polo Teams. This support supplements the limited assistance offered by the USOPC and USA Water Polo, allowing athletes to focus on their training and competition without financial constraints. Through its meaningful direct athlete support (DAS) program, the foundation plays a crucial role in helping American water polo players reach their full potential and represent the country at the highest levels of the sport.
This information is meant to be a general summary of United States Water Polo Foundation. 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: $50,497
- Gross Receipts: $76,757
Assets and Liabilities:
- Total Assets: $3,204,393
- Total Liabilities: $0
- Net Assets: $3,204,393
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Organization Details
Founding Year
1985
Phone
(925) 258-5401Principal Officer
A Mcdonald
Main Address
4 Orinda Way Ste 120-D, Orinda, CA, 94563
NTEE Category
Code: N70 - Recreation
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