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Nonprofit · EIN 33-3545846

FARALLON AQUATICS INC

Tax-exempt · SAUSALITO, CA 94965

Financials

$121K$91K2025
Revenue Expenses · by fiscal year end
Financials of FARALLON AQUATICS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$120,951$90,942$30,009$45,114$15,105$30,009
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$33,000
Program service revenue
$87,951

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$10,290
Other expenses
$80,652
Program services (functional)
$30,000

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$45,114
Total liabilities, end of year
$15,105
Net assets, end of year
$30,009
Cash, savings and investments
$45,114
Gross receipts
$120,951

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Alicia HanselDirector1$0
Johnny HooperDirector1$0
Joseph ParenteTreasurer/Secretary3$0
Jake LevinsonReal Estate Director2$0
Will QuistDirector1$0

Address and contacts

Address (IRS master file)
117 HARRISON AVE, SAUSALITO, CA 94965-2202
In care of
% ZACHARY MONSEES
Signed the 990-EZ
Zac Monsees, Executive Director
Phone
(408) 747-7219
Return prepared by
Reuben E Price & Co CPAS

Mission

The specific purpose of this nonprofit public benefit corporation is to ensure access to aquatic sports for underserved communities through scholarships and outreach programs, and provide water safety education and high-performance aquatics training for youth and student-athletes while fostering community engagement, youth development, and environmental stewardship.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Farallon has now helped over 70 athletes become better water polo players, and services are provided at cost. In the 2025 season, the club entered Junior Olympics as 16th seed and finished 4th overall in the Bronze Division. The club has moved up a division in Futures from D3 to D2 and are firmly among the best teams in Marin.
    Expenses $25,000
  • Farallon has provided scholarships to athletes.
    Expenses $5,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025No data
2023December 31, 2023May 15, 2024No data

IRS record

EIN
33-3545846
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$45,114
Income (IRS master file)
$120,951

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about FARALLON AQUATICS INC

What is the EIN of FARALLON AQUATICS INC?
The employer identification number (EIN) of FARALLON AQUATICS INC is 33-3545846.
Is FARALLON AQUATICS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to FARALLON AQUATICS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FARALLON AQUATICS INC 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 FARALLON AQUATICS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FARALLON AQUATICS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of FARALLON AQUATICS INC?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FARALLON AQUATICS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $120,951, expenses of $90,942 and total assets of $45,114 at year end.

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