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Nonprofit · EIN 81-3699067

PEGASUS WATER POLO ACADEMY

Tax-exempt · DALLAS, TX 75201

Financials

$917K$893K2022$1.1M$1.1M2023$1.2M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of PEGASUS WATER POLO ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,210,676$1,275,893-$65,217$84,801$126,888-$42,087
August 31, 2024990$1,098,686$1,140,513-$41,827$90,090$66,960$23,130
August 31, 2023990$917,096$892,924$24,172$117,496$52,539$64,957
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$846,837
Membership dues
$788,120
Program service revenue
$363,839
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$128,750
Salaries, compensation and benefits (total)
$139,875
Professional fundraising fees
$0
Occupancy
$260,779
Travel
$1,109
Program services (functional)
$1,148,768
Management and general (functional)
$127,125

Balance sheet and other

Total assets, start of year
$90,090
Total assets, end of year
$84,801
Total liabilities, end of year
$126,888
Net assets, end of year
-$42,087
Gross receipts
$1,210,676
Employees
5
Volunteers
5
Year formed
2016
State of legal domicile
TX

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 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
COURTNEY JOHNSONDIRECTOR OF OPERATIONS
Trustee or director
40$18,750
SPENCER DORNINHEAD COACH
Trustee or director
40$18,000
NIKOLA ZIVALJEVICDIRECTOR
Trustee or director
15$0
ROBERT PATTENDIRECTOR
Trustee or director
20$0
MIHAI OPRAHDIRECTOR
Trustee or director
1$0
MICHAEL SLAUGHTERPRESIDENT
Officer
15$0
TOM DAULTONTREASURER
Officer
10$0
990 for the year ended August 31, 2024: 8 people
NameTitleHours / weekCompensation
SPENCER DORNINHEAD COACH
Trustee or director
40$18,000
NIKOLA ZIVALJEVICDIRECTOR
Trustee or director
15$0
MIHAI OPREADIRECTOR
Trustee or director
1$0
JOAN SCHRIGERDIRECTOR (PARTIAL YEAR)
Trustee or director
1$0
LESLIE CROZIERDIRECTOR (PARTIAL YEAR)
Trustee or director
1$0
ROBERT PATTENDIRECTOR
Trustee or director
20$0
TOM DAULTONTREASURER
Officer
10$0
MICHAEL SLAUGHTERPRESIDENT
Officer
15$0
990 for the year ended August 31, 2023: 7 people
NameTitleHours / weekCompensation
SPENCER DORNINHEAD COACH
Trustee or director
40$18,000
NIKOLA ZIVALJEVICDIRECTOR
Trustee or director
15$0
MIHAI OPREADIRECTOR
Trustee or director
1$0
JOAN SCHRIGERDIRECTOR
Trustee or director
1$0
LESLIE CROZIERDIRECTOR
Trustee or director
1$0
TOM DAULTONTREASURER
Officer
10$0
MICHAEL SLAUGHTERPRESIDENT
Officer
15$0

Address and contacts

Address (IRS master file)
1901 N AKARD ST, DALLAS, TX 75201-2305
Mailing address (990-N for 2016)
6701 Hursey St Apt B, Dallas TX 75205
Principal officer (990 for 2024)
TOM DAULTON, 1901 N AKARD ST, DALLAS, TX 75201
Principal officer (990-N for 2016)
Nikola Zivaljevic, 6701 Hursey St Apt B, Dallas TX 75205
Signed the 990
TOM DAULTON, TREASURER
Phone
(214) 969-7588
Return prepared by
WHITLEY PENN LLP

Mission

TO INTRODUCE AND ADVANCE YOUTH AND ADULT WATER POLO IN NORTH TEXAS, TO ADVANCE ADULT SWIM OPPORTUNITIES, BOTH COMPETITIVE AND FOR FITNESS IN NORTH TEXAS.

990 for the year ended August 31, 2025

Program accomplishments

  • TO CONDUCT WATER POLO PRACTICES FOR YOUTH BETWEEN THE AGES OF 7 AND 17. PRACTICES ARE HELD SEVEN DAYS A WEEK AT FOUR POOLS IN THE DALLAS AREA. AVERAGE MEMBERSHIP FOR THE YEAR WAS 190.
    Expenses $535,799
  • MASTERS (ADULT) SWIM CLUB, KNOWN AS PEGASUS AQUATICS MASTERS SWIM. MULTIPLE PRACTICES ARE HELD SEVEN DAYS A WEEK AT TWO POOLS IN THE DALLAS AREA.
    Expenses $349,314
  • TOURNAMENTS AND GAMES DAYS HELD PERIODICALLY THROUGHOUT THE YEAR, INCLUDING HOSTING SOME TOURNAMENTS AT OUR HOME POOLS IN THE DALLAS AREA.
    Expenses $263,655 · revenue $363,839

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
81-3699067
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
2017
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$84,801
Income (IRS master file)
$1,210,676

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,210,676$1,275,893$84,801XML
990August 2024$1,098,686$1,140,513$90,090XML
990August 2023$917,096$892,924$117,496XML
990August 2022$596,808$559,694$83,272IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2016
Officer: Nikola Zivaljevic
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 81-3699067).

Questions about PEGASUS WATER POLO ACADEMY

What is the EIN of PEGASUS WATER POLO ACADEMY?
The employer identification number (EIN) of PEGASUS WATER POLO ACADEMY is 81-3699067.
Is PEGASUS WATER POLO ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PEGASUS WATER POLO ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEGASUS WATER POLO ACADEMY 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 PEGASUS WATER POLO ACADEMY due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PEGASUS WATER POLO ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of PEGASUS WATER POLO ACADEMY?
The 990 for the year ended August 31, 2025 names TOM DAULTON.
Who are the officers and directors of PEGASUS WATER POLO ACADEMY?
The 990 for the year ended August 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $18,750 (COURTNEY JOHNSON, DIRECTOR OF OPERATIONS).
How much revenue does PEGASUS WATER POLO ACADEMY have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,210,676, expenses of $1,275,893 and total assets of $84,801 at year end.

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