Dana Point Yacht Club
- Assets
- $1.1m
- Revenue
- $991.2k
- Investments
- $0.0
- Employees
- 66
- Location
- Dana Point, CA
- Founding
- 09/1972
- Data as of
- 12/2021
- EIN
- 95-2670063
Organization Overview
Dana Point Yacht Club is located in Dana Point, CA. The organization was established in 1972. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Dana Point Yacht Club employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dana Point Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Dana Point Yacht Club generated $991.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $684.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SITUS FOR THE MEMBERS TO RECREATE AND ENJOY INTERACTION BETWEEN THE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES SUPPORT THE MEMBER'S USE AND ENJOYMENT OF THEIR CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Irha Commodore | OfficerTrustee | 2 | $0 |
J Quinton Rear Commodore | OfficerTrustee | 2 | $0 |
S Simmons Fleet Captain | OfficerTrustee | 2 | $0 |
S Schoeffel Vice Commodore | OfficerTrustee | 2 | $0 |
J Lenthall Port Captain | OfficerTrustee | 2 | $0 |
B Perdue Treasurer | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,258,479 |
| Investment income | $0 |
| 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 | -$267,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $991,245 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $182,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,076 |
| Payroll taxes | $15,155 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,901 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $30,090 |
| Royalties | $0 |
| Occupancy | $204,552 |
| 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 | $26,122 |
| Insurance | $24,679 |
| All other expenses | $10,172 |
| Total functional expenses | $684,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $530,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $166,053 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,402 |
| Prepaid expenses and deferred charges | $8,801 |
| Net Land, buildings, and equipment | $318,295 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,405 |
| Total assets | $1,077,546 |
| Accounts payable and accrued expenses | $20,648 |
| Grants payable | $0 |
| Deferred revenue | $261,059 |
| 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 | $87,455 |
| Total liabilities | $369,162 |
| Net assets without donor restrictions | $0 |
| 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 | $708,384 |
| Total liabilities and net assets/fund balances | $1,077,546 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dana Point Yacht Club has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Orange County Business Council Irvine, CA PURPOSE: COVID-SAFE RESTAURANT PROGRAM 2020 | $5,000 |
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|---|---|---|
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Blackhawk Country Club Danville, CA | $46,780,436 | $25,821,111 |
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Peninsula Golf & Country Club San Mateo, CA | $37,014,286 | $17,194,396 |
Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Oahu Country Club Honolulu, HI | $21,871,149 | $11,423,263 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |
The Estancia Club Inc Scottsdale, AZ | $23,780,936 | $10,696,041 |