Offshore Racing Outreach Corporation
- Assets
- $131.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Pedro, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-3469578
Organization Overview
Offshore Racing Outreach Corporation is located in San Pedro, CA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Offshore Racing Outreach Corporation 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 12/2022, Offshore Racing Outreach Corporation generated $13.5k in total revenue. All expenses for the organization totaled $173.7k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ESTABLISH A PROGRAM FOR THE RECRUITMENT, EDUCATION, AND TRAINING OF SAILORS IN THE SPORT OF BIG BOAT OFFSHORE SAILBOAT RACING. WE RECRUIT MEMBERS OF ALL BACKGROUND, EMPHASIS ON LOWER INCOME, TRADITIONALLY EXCLUDED FROM THE SPORT, AND THE UNDERPRIVILEGED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Rogers President | 2 | $0 | |
William Mcclure Treasurer | 2 | $0 | |
David Calloway Secretary | 2 | $0 | |
William Rogers Director | 2 | $0 | |
Betsy Senescu Director | 2 | $0 | |
John Jourdane Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,345 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $156 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,501 |
| 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 | $1,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $172,113 |
| Total expenses | $173,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $505 |
| Other assets | $0 |
| Total assets | $131,787 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,787 |