Southern California Yachting Association
- Assets
- $111.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seal Beach, CA
- Founding
- 08/1955
- Data as of
- 12/2023
- EIN
- 23-7106715
Organization Overview
Southern California Yachting Association is located in Seal Beach, CA. The organization was established in 1955. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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 Yachting Association 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 Yachting Association generated $41.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 9 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
COORDINATED POWER AND SAIL ACTIVITIES IN SOUTHERN CALIFORNIA; CONDUCTED MIDWINTER RACES; WOMEN'S SAILING CONVENTION TRAINING SEMINAR COVERING BASIC SAILING, MEDICAL EMERGENCIES AT SEA AND RACING RULES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Caldwell Commodore | 30 | $0 | |
Kathy St Amant Vice Commodore | 30 | $0 | |
Lee Coller Rear Commodore | 30 | $0 | |
Christopher Haro Treasurer | 30 | $0 | |
Lorraine Coller Secretary | 30 | $0 | |
Howard Brenner Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,760 |
| Membership dues | $0 |
| Investment income | $94 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,854 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,862 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,091 |
| Total expenses | $41,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,633 |
| Other assets | $0 |
| Total assets | $111,272 |
| Total liabilities | $59,926 |
| Net assets or fund balances | $51,346 |