Huntington Beach Sailing Foundation
- Assets
- $352.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Beach, CA
- Founding
- 02/2010
- Data as of
- 10/2023
- EIN
- 27-0326994
Organization Overview
Huntington Beach Sailing Foundation is located in Huntington Beach, CA. The organization was established in 2010. 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. Huntington Beach Sailing Foundation 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 10/2023, Huntington Beach Sailing Foundation generated $42.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $29.9k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
YOUTH SUMMER SAILING PROGRAM: 3 AND 6 WEEK CLASSES FOR YOUTHS 6 TO 19 TO LEARN TO RIG AND SAIL SAILBOATS. 44 STUDENTS ENROLLED: 5 STUDENTS GRANTED FULL OR PARTIAL TUITION ASSISTANCE (ECONOMICALLY OR PHYSICALLY DISADVANTAGED CHILDREN FROM THE COMMUNITY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Crowley President And Director | 20 | $0 | |
Mark Monroe Vice President And Director | 2 | $0 | |
Ronald Lee Secretary And Director | 4 | $0 | |
Robert Espinoza Director | 2 | $0 | |
Jeff Mahaffey Director | 2 | $0 | |
Doug Misterly Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $23,089 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,189 |
| Other Revenue | $2,398 |
| Total Revenue | $42,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,187 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,719 |
| Total expenses | $29,906 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,027 |
| Other assets | $0 |
| Total assets | $352,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $352,944 |