South Bayfront Sailing Association is located in Chula Vista, CA. The organization was established in 2015. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Bayfront Sailing 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 06/2024, South Bayfront Sailing Association generated $104.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $102.5k during the year ending 06/2024. While expenses have increased by 1.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
DEVELOP A LOVE OF SAILING IN THE COMMUNITY THROUGH EDUCATIONAL TRIPS, PROMOTIONS AND EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Don Johnson President | 0 | $0 | |
David Ruch Treasurer | 0 | $0 | |
Tom Kemp Vice President | 0 | $0 | |
William Ostenberg IV Secretary | 0 | $0 | |
Norb Lohse Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $104,942 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $104,949 |
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 | $1,104 |
Occupancy, rent, utilities, and maintenance | $5,637 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $95,751 |
Total expenses | $102,492 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,506 |
Other assets | $0 |
Total assets | $33,855 |
Total liabilities | $72,494 |
Net assets or fund balances | -$38,639 |