Cruise 4 Kids
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vista, CA
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-5457920
Organization Overview
Cruise 4 Kids is located in Vista, CA. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cruise 4 Kids 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 12/2022, Cruise 4 Kids generated $13.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $21.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CRUISE 4 KIDS' MISSION IS TO RAISE MONEY THROUGH OUR CHARITY EVENTS TO SUPPORT AND FUND OTHER KIDS AND YOUTH ORGANIZATIONS ON A LOCAL, STATE, FEDERAL AND GLOBAL LEVEL. CRUISE 4 KIDS IS TRULY A NON-PROFIT MEANING THAT THE BOARD MEMBERS DO NOT TAKE A SALARY AND DEDICATE THEIR TIME AND RESOURCES FOR FREE.
Describe the Organization's Program Activity:
Part 3
THE TEDDY BALL IS AN ANNUAL BLACK TIE CHARITY FUNDRAISER HELD ON THANKSGIVING WEEKEND AT THE HILTON SAN DIEGO BENEFITTING LOCAL CHILDREN'S HOSPITALS AND YOUTH PROGRAMS. EACH GUEST IS REQUIRED TO BRING A NEW STUFFED TEDDY BEAR THAT IS DONATED TO EACH PROGRAM.
THE BUNNY BALL IS A BLACK TIE CHARITY CELEBRATION ORGANIZED BY CRUISE 4 KIDS, A NON-PROFIT ORGANIZATION. THE BUNNY BALL BRINGS TOGETHER SAN DIEGO'S FINEST TO CREATE A COLLECTION OF NEW STUFFED BUNNIES TO DONATE TO SICK AND NEEDY CHILDREN.
CRUISE 4 KIDS SPORTS & EXOTIC CAR RALLY & SHOW IN SAN DIEGO INVITES 150 HIGH-END LUXURY CAR OWNERS TO PARTICIPATE IN A CAR SHOW AND CRUISE. THE CARS ARE DECORATED WITH EVENT DECALS AND ARE ON DISPLAY IN A CAR SHOW FORMAT OPEN TO THE PUBLIC. PARTICIPANTS ARE ESCORTED THROUGH A PRIVATE ROUTE AND ARRIVE AT THE FINISH LINE FOR A CATERED LUNCH AND FUNDRAISING ACTIVITIES. THE EVENT IS FILMED BY LOCAL NEWS, DRONES, HD CAR MOUNTED CAMERAS AND VIDEOGRAPHERS TO CREATE OUR C4K MOVIE. THE RALLY IS NOT A RACE, BUT A HIGH END CRUISE LIMITED TO ONLY 150 DRIVERS. ALL PROCEEDS FROM C4K RALLY BENEFITS CRUISE 4 KIDS AND OTHER PRE-SELECTED CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nino Venturella President | 30 | $0 | |
Bianca Venturella Vice President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,166 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$82,404 |
| Other Revenue | $0 |
| Total Revenue | $13,762 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,622 |
| Total expenses | $21,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,893 |
| Other assets | $0 |
| Total assets | $11,893 |
| Total liabilities | $100,894 |
| Net assets or fund balances | -$89,001 |