Wharf To Wharf Race is located in Capitola, CA. The organization was established in 1985. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Wharf To Wharf Race 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 12/2023, Wharf To Wharf Race generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $483.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wharf To Wharf Race has awarded 47 individual grants totaling $578,340. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCTING TWO ANNUAL FOOTRACES TO BENEFIT TRACK AND FIELD ACTIVITIES AND PROVIDE FUNDS TO ENHANCE THE CAPITOLA CA WHARF
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO K-12 SCHOOLS IN SANTA CRUZ COUNTY, CALIFORNIA, TO SUPPORT TRACK AND FIELD ACTIVITIES AT THOSE SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Murphy President | Officer | $0 | |
Brendan Kelly Vice President | Officer | $0 | |
Robb Mayeda Secretary | Officer | $0 | |
Mark Mcconnell Treasurer | Officer | $0 | |
Dan Gruber Director | Trustee | $0 | |
Kimberly White Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $27,000 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $453,431 |
Noncash contributions included in lines 1a–1f | $27,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $480,431 |
Total Program Service Revenue | $0 |
Investment income | $109,436 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $413,159 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,003,026 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $260,875 |
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. | $99,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $19,920 |
Payroll taxes | $7,139 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,742 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $29,112 |
Office expenses | $9,615 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,794 |
All other expenses | $4,956 |
Total functional expenses | $483,442 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $604,710 |
Savings and temporary cash investments | $846,406 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $10,000 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,461,116 |
Accounts payable and accrued expenses | $6,520 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $6,520 |
Net assets without donor restrictions | $1,454,596 |
Net assets with donor restrictions | $0 |
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 | $1,461,116 |
Over the last fiscal year, Wharf To Wharf Race has awarded $165,261 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
APTOS HIGH SCHOOL PURPOSE: Support of Track Field | $22,261 |
HARBOR HIGH SCHOOL PURPOSE: Support of Track Field | $15,900 |
MONTE VISTA CHR HS PURPOSE: Support of Track Field | $5,000 |
PAJARO VALLEY HIGH SCHOOL PURPOSE: Support of Track Field | $8,500 |
SAN LORENZO VALLEY HS PURPOSE: Support of Track Field | $20,500 |
SANTA CRUZ HIGH SCHOOL PURPOSE: Support of Track Field | $13,400 |