Sustainable Surf
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Manhattan Beach, CA
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-3220205
Organization Overview
Sustainable Surf is located in Manhattan Beach, CA. The organization was established in 2012. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Sustainable Surf employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Surf 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 12/2021, Sustainable Surf generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $996.9k during the year ending 12/2021. While expenses have increased by 23.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REGENERATE THE HEALTH OF OUR OCEAN PLANET AND REVERSE CLIMATE CHANGE. WE PROTECT AND RESTORE BLUE CARBON ECOSYSTEMS AROUND THE WORLD, AND CREATE EDUCATIONAL STORIES THAT INSPIRE PEOPLE AND CORPORATIONS TO TAKE ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEATREES PROGRAM - PROTECT AND RESTORE COASTAL BLUE CARBON ECOSYSTEMS AROUND THE WORLD, SUCH AS MANGROVE FORESTS, KELP FORESTS, CORAL REEFS, SEAGRASS MEADOWS AND COASTAL WATERSHEDS.
ECOBOARD PROJECT - EDUCATIONAL CAMPAIGN PROMOTING THE USE OF MORE SUSTAINABLE MATERIALS IN THE CONSTRUCTION OF SURFBOARDS AND OTHER SURF EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Stewart Executive Dir. | Trustee | 40 | $93,000 |
Kevin Whilden Exec Dir/sec'y | OfficerTrustee | 40 | $91,500 |
Abigail Whilden Director | OfficerTrustee | 1 | $0 |
Scott Coleman President | OfficerTrustee | 1 | $0 |
Mark Marovich Director | Trustee | 0.5 | $0 |
Brian Thurston Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,358,819 |
| Noncash contributions included in lines 1a–1f | $110,290 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,358,819 |
| Total Program Service Revenue | $30,303 |
| Investment income | $246 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,389,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,500 |
| Compensation of current officers, directors, key employees. | $27,010 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,675 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,905 |
| Payroll taxes | $16,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $23,119 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,587 |
| Advertising and promotion | $49,680 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,886 |
| Travel | $1,378 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,008 |
| Interest | $4,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190 |
| Insurance | $3,182 |
| All other expenses | $66,187 |
| Total functional expenses | $996,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,680 |
| Savings and temporary cash investments | $150,035 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,691 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $377,415 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,252,344 |
| Accounts payable and accrued expenses | $28,084 |
| Grants payable | $0 |
| Deferred revenue | $85,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $148,210 |
| Total liabilities | $261,294 |
| Net assets without donor restrictions | $559,393 |
| Net assets with donor restrictions | $431,657 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,252,344 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sustainable Surf has recieved totaling $100,414.
| Awarding Organization | Amount |
|---|---|
Onda Foundation Burlington, VT PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE. | $50,000 |
Pledgeling Foundation Venice, CA PURPOSE: GENERAL | $33,314 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $10,100 |
Michael Stars Foundation Hawthorne, CA PURPOSE: CHARITY | $4,500 |
Cynthia & Geo Mitchell Foundation The Woodlands, TX PURPOSE: BE THE CATALYST THAT TRANSFORMS SURF CULTURE INTO A POWERFUL FORCE FOR PROTECTING THE OCEAN | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Looptfoundation Portland, OR | $56,493 | $16,408,583 |
Tri-City Economic Development Corporation Union City, CA | $7,121,419 | $14,270,902 |
Community Conservation Centers Inc Berkeley, CA | $3,563,827 | $7,161,023 |
Free Geek Portland, OR | $1,016,167 | $3,381,245 |
Our United Villages Portland, OR | $3,118,439 | $1,795,235 |
Bring Recycling Eugene, OR | $3,054,135 | $1,414,316 |
Canopy Palo Alto, CA | $1,206,340 | $1,527,418 |
Deconstruction And Building Materials Reuse Network Inc Long Beach, CA | $25,089 | $1,339,360 |
Watershed Management Group Inc Tucson, AZ | $1,083,167 | $1,647,658 |
Coastal Quest Berkeley, CA | $699,709 | $1,605,642 |
Oregon Refuse And Recycling Association Salem, OR | $727,687 | $1,151,379 |
Explore Ecology Santa Barbara, CA | $299,738 | $1,190,938 |