Bahia Sail Racing Association
- Assets
- $76.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corona Del Mar, CA
- Founding
- 03/2008
- Data as of
- 12/2020
- EIN
- 20-5492338
Organization Overview
Bahia Sail Racing Association is located in Corona Del Mar, CA. The organization was established in 2008. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bahia Sail Racing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Bahia Sail Racing Association generated $85.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $92.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bacon Director | 1 | $0 | |
David Levy Director | 3 | $0 | |
Marshall Caplan Director | 1 | $0 | |
Roland Rapp Genl Counsel | 1 | $0 | |
Robert D Hanger Treasurer | 2 | $0 | |
Ramsey Johansson President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,764 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,772 |
| Other Revenue | $0 |
| Total Revenue | $85,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $91,962 |
| Total expenses | $92,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,322 |
| Other assets | $0 |
| Total assets | $76,322 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,322 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bahia Sail Racing Association has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Kling Family Foundation Tustin, CA PURPOSE: CHARITABLE CONTRIBUTION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |
Norcal Crew Redwood City, CA | $638,465 | $1,778,430 |
Davis Aquadarts Inc Davis, CA | $620,913 | $1,485,157 |