Sea Otter Classic Foundation Inc
- Assets
- $114.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-1264453
Organization Overview
Sea Otter Classic Foundation Inc is located in Monterey, CA. The organization was established in 2014. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., 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. Sea Otter Classic Foundation 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 12/2022, Sea Otter Classic Foundation Inc generated $192.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $184.3k during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BICYCLING AND FITNESS. SUPPORT LOCAL CHARITIES AND IMPROVE LIVES THROUGH PHYSICAL FITNESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Frank Yohannan President & CEO | 10 | $0 | |
Barbara J Retamoso Director | 8 | $0 | |
Andrew H Swartz Director | 5 | $0 | |
Jeffery Frost Director | 5 | $0 | |
Kathleen Giger Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,090 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $192,090 |
| 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 | $679 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $602 |
| Other expenses | $106,628 |
| Total expenses | $184,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,534 |
| Other assets | $0 |
| Total assets | $114,259 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,259 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sea Otter Classic Foundation Inc has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
Peopleforbikes Coalition Ltd Boulder, CO PURPOSE: GENERAL BICYCLING GRANT | $28,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Silicon Valley Bicycle Coalition San Jose, CA | $1,517,715 | $1,801,397 |
Mt Hood Ski Education Foundation Inc Government Camp, OR | $770,438 | $1,092,598 |
The San Jose Sports Authority San Jose, CA | $687,222 | $607,370 |
Mwfy Nmtc Holdings Albany, OR | $15,192,824 | $7,743,991 |
Polynesian Football Hall Of Fame Honolulu, HI | $82,507 | $439,945 |
Northwest Trail Alliance Inc Portland, OR | $386,604 | $400,749 |
Friends Of The Tubac Presidio And Museum Inc Tubac, AZ | $706,350 | $647,180 |
Sea Otter Classic Foundation Inc Monterey, CA | $114,259 | $0 |
Nick Pasquale Foundation San Clemente, CA | $92,612 | $0 |
Big Star Ranch Inc Molalla, OR | $8,139 | $0 |
Nevada Gay Rodeo Association Ngra Las Vegas, NV | $69,490 | $0 |
24 7 Foundation Clovis, CA | $3,362 | $0 |