Hobie Memorial Foundation Committee is located in Dana Point, CA. The organization was established in 2016. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hobie Memorial Foundation Committee 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, Hobie Memorial Foundation Committee generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.5%) each year. All expenses for the organization totaled $16.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND PRODUCE AN APPROPRIATE HISTORICAL MEMORIAL FOR HOBART "HOBIE" ALTER, WHO PASSED AWAY MARCH 29, 2014, AND WHOSE GENIUS AND INNOVATION SHAPED AND CHANGED THE ENTIRE CULTURES OF SURFING AND SAILING. IN ADDITION, TO ADVANCE YOUNG PERSONS AS FUTURE ENTREPRENEURS IN THE STEPS OF HOBIE, PERSONS WHO ARE CRITICAL TO THE PROGRESSION OF TECHNOLOGY, CULTURE, AND THE LONG-TERM HEALTH OF LOCAL, STATE, AND FEDERAL SOCIETIES AND ECONOMICS. THE CORPORATION WILL PRODUCE A HISTORICAL MEMORIAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Beal Secretary | 10 | $0 | |
Bob Minty Director | 5 | $0 | |
Robbie Roberson President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,995 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,995 |
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 | $5,182 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,694 |
Total expenses | $16,876 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,124 |
Other assets | $0 |
Total assets | $3,124 |
Total liabilities | $0 |
Net assets or fund balances | $3,124 |
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