Form 990 for tax year 2025
Filed by Southern California Acro Team Inc DBA SCATS Gymnastics.
Totals
- Total revenue
- $989,566
- Total expenses
- $1,846,243
- Contributions and grants received
- $0
- Grants paid
- $1,360,752
- Program service revenue
- $288,058
- Investment income
- $710,308
- Other revenue
- -$8,800
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,837,118
- Management and general expenses
- $9,125
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,837,118
Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Train, educate, compete
total $288,058 · related or exempt $288,058
-
3 · Investment income
total $165 · excluded $165
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
other assets $1,360,752
-
7b · Less cost or other basis and sales expenses
other assets $650,609
-
7c · Gain or loss
other assets $710,143
-
7d · Net gain or loss
total $710,143 · excluded $710,143
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$3,011
-
10b · Cost of goods sold
$11,811
-
10c · Net income from sales of inventory
total -$8,800 · excluded -$8,800
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,360,752 · program services $1,360,752
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $36,045 · program services $26,920 · management and general $9,125
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $144,084 · program services $144,084
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $14,194 · program services $14,194
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $79,210 · program services $79,210
-
11c · Fees: accounting
total $26,520 · program services $26,520
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $2,022 · program services $2,022
-
13 · Office expenses
total $180 · program services $180
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $22,300 · program services $22,300
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $75,390 · program services $75,390
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $8,039 · program services $8,039
-
23 · Insurance
total $9,539 · program services $9,539
-
24a · Other expenses: Program operating supplies
total $17,945 · program services $17,945
-
24b · Other expenses: Maintenance
total $8,561 · program services $8,561
-
24c · Other expenses: Operating supplies
total $5,512 · program services $5,512
-
24d · Other expenses: Credit card charges - merchant
total $4,717 · program services $4,717
-
24e · All other expenses
total $31,233 · program services $31,233
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $400 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $596,503 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $9,898 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $11,211 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $172,655 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $523,806 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $147,903 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $177,072
-
25 · Other liabilities
beginning of year $443,226
-
31 · Retained earnings, endowment or other funds
beginning of year $842,078
Mission and programs · 2025
Mission
Gymnastics training, education and competition
-
All efforts are directed to gymnastics training, education, and competition. This is available on a non-discriminatory and equal opportunity basis. SCATS has produced 14 United States Olympic Team Members and over 70 US National Team members. In 1984, SCATS made history with six women competing in the Olympic games and winning the first Olympic Silver Medal for the US. In 2012 and 2016, SCATS alumni Sam Mikulak competed on the Mens US Olympic Team. Mikulak also set records as 8x NCAA Champion and 5x National Champion. SCATS has trained a very large number of gymnasts who acquired full and partial college scholarships in the sport at a variety of reputable schools as a result of their training there. Please see the response to Part III, Line 3 in this Schedule O for additional information regarding the conversion. i. SCATS has an enrollment of over 1,300 student gymnasts at its gym in Huntington Beach.ii. SCATS employs approximately 100 coaches across a given year to provide high-level and recreational gymnastics training and education to each of its students.iii. SCATS is very "square footage" intensive and requires huge blocks of open space to provide adequate room for tumbling, vaulting, safe landing areas, and a sufficient number of gymnastics apparatus and training tools to meet the needs of the student population. The approximate square footage in Huntington Beach is 28,000 square feet.
Expenses $1,837,118
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David N Peters
Chief Executive
- Total calculated
- $26,920
- From this org
- $26,250
- From related orgs
- $0
- Other
- $670
- Hours/week
- 55
-
Candice S Peters
CFO
- Total calculated
- $9,125
- From this org
- $9,125
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Feng Yu
Director
- Total calculated
- $0
- Hours/week
- 2
-
Phyllis J Peters
Director & Chr
- Total calculated
- $0
- Hours/week
- 12
-
Bill Callander
Director & Scty
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$1,360,752
7/31/25 restricted grant agreement
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
Individual - Sch N Part III
$1,360,752
Disposition · Please refer to Sch N Part III · Jul 31, 2025 · Individual
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 11 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202641629349300524
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.