Wbss Way
- Assets
- $974.5k
- Revenue
- $68.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 04/2010
- Data as of
- 10/2021
- EIN
- 27-1263503
Organization Overview
Wbss Way is located in Fremont, CA. The organization was established in 2010. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Wbss Way 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 10/2021, Wbss Way generated $68.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $122.2k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPUTER CLASSES FOR DISADVANTAGED YOUTH
DANCE AND MUSIC CLASS FOR DISADVANTAGED YOUTH
DRAWING CLASSES FOR DISADVANTAGED YOUTH
LANGUAGE CLASSES FOR DISADVANTAGED YOUTH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peixian Jiang Secretary | 16 | $20,800 | |
Liming Wei President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $0 |
| Net Rental Income | $15,432 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,754 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,836 |
| Depreciation | $35,073 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,711 |
| Total operating and administrative expenses | $122,152 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $122,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,305 |
| Savings and temporary cash investments | $62,163 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $860,715 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,270 |
| Other assets | $0 |
| Total assets | $974,453 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,103 |
| Total liabilities | $7,103 |
Grants Awarded
Over the last fiscal year, Wbss Way has awarded $6,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HARBOUR LIGHT CHURCH PURPOSE: DONATION | $6,500 |
THE TECH MUSEUM OF INNOVATION PURPOSE: DONATION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |