Southern California Speedboat Club
- Assets
- $37.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redondo Beach, CA
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 95-6073972
Organization Overview
Southern California Speedboat Club is located in Redondo Beach, CA. The organization was established in 1993. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Southern California Speedboat Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Southern California Speedboat Club generated $129.9k 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 (5.1%) each year. All expenses for the organization totaled $126.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. 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
BOAT SAFETY CLASSES AND INSTRUCTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Wallach President | 3 | $0 | |
Jay Littleton Vice President | 2 | $0 | |
Melissa Dobbins Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $700 |
| Total Program Service Revenue | $63,102 |
| Membership dues | $12,597 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,514 |
| Other Revenue | $0 |
| Total Revenue | $129,913 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17,644 |
| Other expenses | $108,453 |
| Total expenses | $126,097 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,205 |
| Other assets | $0 |
| Total assets | $37,205 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,205 |