Westcoast Sports Associates Inc
- Assets
- $337.4k
- Revenue
- $52.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 95-4566748
Organization Overview
Westcoast Sports Associates Inc is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Westcoast Sports Associates Inc 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 12/2021, Westcoast Sports Associates Inc generated $52.4k 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 (23.2%) each year. All expenses for the organization totaled $161.6k during the year ending 12/2021. 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
WEST COAST SPORTS ASSOCIATES PROVIDES FUNDING TO COMMUNITY ORGANIZATIONS ADMINISTERING SPORTS AND CHARACTER EDUCATION PROGRAMS FOR YOUNG PEOPLE LIVING IN ECONOMICALLY DISADVANTAGED NEIGHBORHOODS IN SOUTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WSA GRANTS FUND THE ORGANIZATION'S SPECIFIC PURPOSE TO PROVIDE ECONOMICALLY DISADVANTAGED CHILDREN AN OPPORTUNITY TO PARTICIPATE IN HIGH QUALITY SPORTS PROGRAMS. THE ORGANIZATION HAS FUNDED COMMUNITY PROGRAMS AND ACTIVITIES AT NUMEROUS CITY RECREATION FACILITIES AND NONPROFIT ORGANIATIONS ADMINISTERING YOUTH SPORTS AND CHARACTER EDUCATION PROGRAMS IN UNDERSERVED NEIGHBORHOODS LOCATED IN SOUTHERN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Wu Treasurer | Officer | $0 | |
Michael Gottlieb President | Officer | $0 | |
Ryan Murphy Vice Preside | Officer | $0 | |
Paul Bartelt Board Member | Trustee | $0 | |
W Chip Eggers Board Member | Trustee | $0 | |
Amy Johnson Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,638 |
| Total Program Service Revenue | $0 |
| Investment income | $766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,990 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,414 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,890 |
| 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 | $48,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,838 |
| Office expenses | $5,923 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $2,090 |
| All other expenses | $0 |
| Total functional expenses | $161,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,698 |
| Savings and temporary cash investments | $39,711 |
| 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 | $337,409 |
| Accounts payable and accrued expenses | $6,990 |
| 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 | $6,990 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $330,419 |
| 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 | $337,409 |
Grants Awarded
Over the last fiscal year, Westcoast Sports Associates Inc has awarded $85,890 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
RECREATION CENTER GRANT AWARDS PURPOSE: CHARITABLE | $34,800 |
NONPROFIT PARTNER GRANT AWARDS PURPOSE: CHARITABLE | $16,090 |
TEAM PRIME TIME | | | $15,000 |
HARLEM LACROSSE | | | $10,000 |
BEAT THE STREETS | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Westcoast Sports Associates Inc has recieved totaling $52,000.
| Awarding Organization | Amount |
|---|---|
Stanley E Hanson Foundation Laguna Hills, CA PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
Lon V Smith Foundation Beverly Hills, CA PURPOSE: UNRESTRICTED | $20,000 |
Alfred E Mann Family Foundation Los Angeles, CA PURPOSE: SUPPORT OF CHARITABLE PURPOSE | $5,000 |
Robert A Waller Foundation South Pasadena, CA PURPOSE: SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Irvine Ice Foundation Corona Del Mar, CA | $121,930,053 | $33,455,655 |
Jamestown Community Center Inc San Francisco, CA | $3,335,173 | $6,691,620 |
Placer Valley Sports Complex Inc Roseville, CA | $1,814,661 | $4,781,580 |
Central Valley Community Sports Foundation Fresno, CA | $2,715,509 | $2,571,166 |
Vietnamese American Communitycenter Of The East Bay Oakland, CA | $1,906,603 | $3,743,594 |
East Lake Village Community Yorba Linda, CA | $4,404,441 | $2,570,489 |
Grants Pass Family Ymca Grants Pass, OR | $3,531,287 | $2,517,620 |
Destiny Arts Center Oakland, CA | $3,989,445 | $2,432,032 |
Stone Soup Fresno Fresno, CA | $1,788,003 | $1,468,028 |
Living Peace Foundation Santa Barbara, CA | $7,259,063 | $5,000,012 |
Westside Community Improvement Association Eureka, CA | $3,460,883 | $928,189 |
Friends Of Expo Center Calabasas, CA | $0 | $0 |