Southern California Yachting Association
- Assets
- $127.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seal Beach, CA
- Founding
- 08/1955
- Data as of
- 12/2021
- EIN
- 23-7106715
Organization Overview
Southern California Yachting Association is located in Seal Beach, CA. The organization was established in 1955. 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. Southern California Yachting Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Southern California Yachting Association generated $96.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $87.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COORDINATED POWER AND SAIL ACTIVITIES IN SOUTHERN CALIFORNIA; CONDUCTED MIDWINTER RACES; WOMEN'S SAILING CONVENTION TRAINING SEMINAR COVERING BASIC SAILING, MEDICAL EMERGENCIES AT SEA AND RACING RULES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Mcnamara Commodore | 30 | $0 | |
Anne Eubanks Vice Commodore | 30 | $0 | |
John Caldwell Rear Commodore | 30 | $0 | |
Christopher Haro Treasurer | 30 | $0 | |
Lorraine Coller Secretary | 30 | $0 | |
Joyce Jackson-Coomber Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,543 |
| Membership dues | $1,608 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,478 |
| Total Revenue | $95,990 |
| 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 | $2,045 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,940 |
| Other expenses | $83,850 |
| Total expenses | $87,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,212 |
| Other assets | $0 |
| Total assets | $127,214 |
| Total liabilities | $32,393 |
| Net assets or fund balances | $94,821 |
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 |