Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
MISSION VIEJO NADADORES
Employer identification number
33-0099234
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6
Public Support. Subtract line 5 from line 4.
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
7
Amounts from line 4..
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11
Total support (Add lines 7 through 10).
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2010.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2009.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2009.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
200,469
142,509
141,753
114,836
110,273
709,840
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
1,685,755
1,831,761
1,737,999
1,754,028
1,723,428
8,732,971
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
1,886,224
1,974,270
1,879,752
1,868,864
1,833,701
9,442,811
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
0
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
0
c
Add lines 7a and 7b..
0
8
Public Support (Subtract line 7c from line 6.)
9,442,811
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
9
Amounts from line 6...
1,886,224
1,974,270
1,879,752
1,868,864
1,833,701
9,442,811
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
5,851
13,532
27,828
27,354
7,811
82,376
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
5,851
13,532
27,828
27,354
7,811
82,376
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
22,932
42,874
29,189
94,995
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
20,826
15,898
30,922
67,646
13
Total support (Add lines 9, 10c, 11 and 12.).
1,892,075
1,987,802
1,951,338
1,954,990
1,901,623
9,687,828
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f))
.........
15
97.470 %
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
98.060 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
0.850 %
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
0.890 %
19a
33 1/3% support tests—2010.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2009.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2010
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
MISSION VIEJO NADADORES
Employer identification number
33-0099234
Identifier
Return Reference
Explanation
FORM 990, PART VI, SECTION B, LINE 11
ONCE THE FORM 990 IS COMPLETED BY THE CPA FIRM ENGAGED, A COMMITTEE OF THE BOARD OF DIRECTORS WILL MEET TO REVIEW THE TAX RETURN AND ASK ANY QUESTIONS. ONCE ALL QUESTIONS HAVE BEEN ANSWERED AND THE TAX COMMITTEE APPROVES THE RETURN, THE FORM 990 WILL BE SENT TO THE BOARD OF DIRECTORS' TREASURER TO BE SIGNED. BEFORE THE FINAL RETURN IS FILED WITH THE IRS, A COPY WILL BE FORWARDED TO THE ENTIRE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15
THE CEO OF THE SWIM TEAM HAS A CONTRACT THAT RUNS FOR FOUR YEARS WITH THE NADADORES. THE ORGANIZATION'S BOARD OF DIRECTORS USES COMPARABLE DATA TO MAKE DECISIONS ON SALARY DATA FOR THE CEO. THE BOARD ALSO REVIEWS AND APPROVES THE SALARIES OF THE PAID EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19
THE FORM 990 AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE SWIM TEAM OFFICE STAFF LOCATED AT THE ORGNIZATION'S ADDRESS DURING REGULAR BUSINESS HOURS.
CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XI, LINE 5:
PRIOR PERIOD ADJUSTMENTS: -7,192.
POLICIES
FORM 990, PART VI, LINES 12-14
AT THE FISCAL YEAR ENDING SEPTEMBER 30, 2011, THE ENTITY HAD NOT YET IMPLEMENTED A CONFLICT OF INTEREST POLICY. THE MAJORITY OF THE ORGANIZATION'S PAID EMPLOYEES CONSISTS OF SWIM AND DIVE INSTRUCTORS WHO FOCUS ALL THEIR TIME AND ENERGY ON THEIR STUDENTS AND TEAM MEMBERS IN THE POOL. THE MANAGEMENT GROUP IS MOSTLY VOLUNTEERS OR PART TIME EMPLOYEES. THE ENTITY IS CURRENTLY WORKING ON IMPLEMENTING A CONFLICT OF INTEREST POLICY.
FUNDRAISING EXEPNSES
FORM 990, PART I, LINE 16B
THE MISSION VIEJO NADADORES DID NOT INCUR ANY FUNDRAISING EXPENSES OUTSIDE THE COURSE OF THEIR FUNDRAISING EVENTS. ALL FUNDRAISING IS DONE BY THE SWIM AND DIVE STUDENTS AND THEIR FAMILIES AND DOES NOT REQUIRE ANY EXPENDITURES FROM THE ENTITY.
FUNDRAISING ACTIVITIES
FORM 990, PART VIII, LINE 8
THE NADADORES HELD TWO MAJOR FUNDRAISING EVENTS IN THE FISCAL YEAR ENDING SEPTEMBER 30, 2011, WITH NET INCOME TOTALING $28,690. THE LARGEST EVENT WAS THE SWIMATHON. ALL PROCEEDS FROM THE SWIMATHON ARE CHARITABLE CONTRIBUTIONS REPORTED ON LINE 1C, AS NO DIRECT BENEFIT IS RECEIVED BY THE DONOR. THE COST OF THIS EVENT WAS $4,199. THE SECOND MAJOR FUNDRAISING EVENT WAS TEH SALE OF DISCOUNT CARDS. THIS GENERATED REVENUE OF $36,145. NONE OF THE REVENUE IS CONSIDERED TO BE CHARITABLE CONTRIBUTIONS. IN PURCHASING THE CARD, INDIVIDUALS RECEIVED AN ITEM OF VALUE, AND THERE IS NO DONATIVE ELEMENT. THE EXPENSES FOR THIS EVENT TOTALED $3,256, AND THE EVENT NET REVENUE OF $32,889.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.