Huntington Beach Sailing Foundation
- Assets
- $328.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Beach, CA
- Founding
- 02/2010
- Data as of
- 10/2022
- 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 10/2022, Huntington Beach Sailing Foundation generated $45.6k 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 (4.3%) each year. All expenses for the organization totaled $42.9k during the year ending 10/2022. 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
2022
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. 55 STUDENTS ENROLLED: 2 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 |
|---|---|---|---|
Mark Monroe Vice President And Director | 2 | $0 | |
Doug Misterly Director | 2 | $0 | |
Ronald Lee Secretary And Director | 4 | $0 | |
Barry Menzel Director | 2 | $0 | |
Robert Espinoza Director | 2 | $0 | |
Dedra Finninger Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $314 |
| Total Program Service Revenue | $26,106 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,180 |
| Other Revenue | $0 |
| Total Revenue | $45,604 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,335 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $107 |
| Other expenses | $23,457 |
| Total expenses | $42,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,396 |
| Other assets | $0 |
| Total assets | $328,313 |
| Total liabilities | $0 |
| Net assets or fund balances | $328,313 |
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 |