Alamitos Bay Sailing Foundation
- Assets
- $67.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 06/2017
- Data as of
- 09/2021
- EIN
- 82-0994409
Organization Overview
Alamitos Bay Sailing Foundation is located in Long Beach, CA. The organization was established in 2017. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Alamitos Bay Sailing Foundation 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 09/2021, Alamitos Bay Sailing Foundation generated $89.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 63.1% each year . All expenses for the organization totaled $44.6k during the year ending 09/2021. While expenses have increased by 42.4% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE GROWTH OF RECREATIONAL AND COMPETITIVE SAILING OPPORTUNITIES FOR CHILDREN AND YOUNG ADULTS IN THE GREATER LONG BEACH CA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Melvin Treasurer | 2 | $0 | |
Jenifer Christopher Secretary | 2 | $0 | |
Kevin Taugher President | 2 | $0 | |
Jorge Suarez Director | 2 | $0 | |
Ed Feo Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,101 |
| 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 | $89,101 |
| 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 | $1,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,678 |
| Total expenses | $44,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,112 |
| Other assets | $0 |
| Total assets | $67,211 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,211 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alamitos Bay Sailing Foundation has recieved totaling $1,106.
| Awarding Organization | Amount |
|---|---|
The@gordon And Ruth Doughtery Foundation Long Beach, CA PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Los Angeles Dodgers Foundation Los Angeles, CA | $3,410,551 | $8,089,122 |
Golden State Warriors Community Foundation San Francisco, CA | $12,318,802 | $3,080,465 |
Everykidsports Bend, OR | $1,406,515 | $1,984,529 |
Regional Parks Foundation Oakland, CA | $19,291,052 | $7,078,188 |
Angels Baseball Foundation Inc Anaheim, CA | $12,036,127 | $3,125,940 |
Arizona Tennis Charities Phoenix, AZ | $163,967 | $845,443 |
Hollyrod Foundation Woodland Hills, CA | $454,892 | $514,993 |
Chaparral Firebirds Baseball Club Phoenix, AZ | $33,145 | $562,494 |
Half Moon Bay High School Boosters Athletics Half Moon Bay, CA | $272,556 | $432,462 |
Chico High Sports Boosters Chico, CA | $346,681 | $319,018 |
Az Omega Booster Club Cashion, AZ | $44,101 | $369,076 |
Littlewing Athletics Inc Bend, OR | $882,311 | $30,593 |