Alamitos Bay Sailing Foundation
- Assets
- $95.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 06/2017
- Data as of
- 09/2023
- 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 09/2023, Alamitos Bay Sailing Foundation generated $33.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $86.8k during the year ending 09/2023. 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
2023
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 |
|---|---|---|---|
Kevin Taugher President | 10 | $0 | |
Kathleen Melvin Treasurer | 10 | $0 | |
Jenifer Christopher Secretary | 10 | $0 | |
Jorge Suarez Director | 10 | $0 | |
Stephen Mueller Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,175 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$2,133 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,042 |
| 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 | $1,155 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,162 |
| Total expenses | $86,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,719 |
| Other assets | $0 |
| Total assets | $95,842 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,842 |