Squadra Ovest
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 05/2004
- Data as of
- 12/2022
- EIN
- 52-2409333
Organization Overview
Squadra Ovest is located in Sunnyvale, CA. The organization was established in 2004. 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. Squadra Ovest 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, Squadra Ovest generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $33.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT AND SUPPORT OF ELITE AMATEUR CYCLISTS IN CALIFORNIAS BAY AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Clauss President | 8 | $0 | |
Pablo Espinosa CFO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,000 |
| 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 | $40,000 |
| 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 | $630 |
| Occupancy, rent, utilities, and maintenance | $2,564 |
| Printing, publications, postage, and shipping | $132 |
| Other expenses | $29,924 |
| Total expenses | $33,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,969 |
| Other assets | $0 |
| Total assets | $8,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,969 |