Southbay Youth Maritime Foundation
- Assets
- $358.3k
- Revenue
- $269.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Castro Valley, CA
- Founding
- 12/2019
- Data as of
- 08/2022
- EIN
- 82-3063013
Organization Overview
Southbay Youth Maritime Foundation is located in Castro Valley, CA. The organization was established in 2019. According to its NTEE Classification (O41) the organization is classified as: Boy Scouts of America, 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. Southbay Youth Maritime 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 08/2022, Southbay Youth Maritime Foundation generated $269.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $217.5k during the year ending 08/2022. While expenses have increased by 25.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF SOUTHBAY YOUTH MARITIME FOUNDATION IS TO SUPPORT SEA SCOUTS AND MARINER SCOUTS PROGRAMS, PRIMARILY IN THE GREATER SAN FRANCISCO BAY AREA AND DELTA, TO PROMOTE MARITIME YOUTH ACTIVITIES, TO PROMOTE THE CORE VALUES OF THE SCOUTS, AND TO SUPPORT YOUNG ADULTS SEEKING POST-SECONDARY EDUCATION IN MARITIME TRADES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED AND SUPPORTED THE SEA SCOUT SHIP TERRAPIN WHICH PROVIDED APPROXIMATELY 10 SEA SCOUTS THE OPPORTUNITY TO ENHANCE THEIR MARITIME EDUCATION, ENGAGE IN MARITIME ACTIVITIES AND DEVELOP WITH THE CORE VALUES OF SCOUTING
HOSTED TWO REGION-WIDE SEA SCOUT COMPETITIONS DRAWING 200-400 PARTICIPANTS IN ORDER TO PROMOTE YOUTH MARITIME ACTIVITIES AND ENABLE PRACTICAL APPLICATION OF MARITIME SKILLS IN A SAFE AND ENJOYABLE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Rosenberg President | OfficerTrustee | 2 | $0 |
Daniel Kroman Treasurer | OfficerTrustee | 1 | $0 |
Laura Rosenberg Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,737 |
| Total Program Service Revenue | $69,508 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $136,861 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,886 |
| 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. | $0 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $188 |
| Fees for services: Accounting | $2,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,277 |
| Royalties | $0 |
| Occupancy | $687 |
| 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 | $0 |
| All other expenses | $7,464 |
| Total functional expenses | $217,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,211 |
| Savings and temporary cash investments | $50,093 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $358,304 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $303,304 |
| Net assets with donor restrictions | $55,000 |
| 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 | $358,304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boy Scouts Of America Portland, OR | $58,262,697 | $12,741,927 |
Boy Scouts Of America Orange, CA | $44,791,864 | $13,089,959 |
Boy Scouts Of America Los Angeles, CA | $57,561,832 | $7,980,616 |
San Francisco Bay Area Council Bsa San Leandro, CA | $17,272,400 | $5,355,299 |
Boy Scouts Of America Van Nuys, CA | $19,688,830 | $9,104,365 |
Boy Scouts Of America San Jose, CA | $53,602,889 | $11,153,006 |
Boy Scouts Of America Pleasanton, CA | $33,898,541 | $27,220,165 |
Boy Scouts Of America Scottsdale, AZ | $15,350,751 | $5,300,732 |
Boy Scouts Of America Sacramento, CA | $9,691,378 | $2,527,817 |
Boy Scouts Of America Reno, NV | $12,602,121 | $2,933,901 |
Boy Scouts Of America San Diego, CA | $9,722,838 | $3,081,819 |
Boy Scouts Of America Las Vegas, NV | $13,951,474 | $2,114,511 |