Dipsea Race Committee Inc
- Assets
- $314.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mill Valley, CA
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 68-0159572
Organization Overview
Dipsea Race Committee Inc is located in Mill Valley, CA. The organization was established in 1989. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dipsea Race Committee Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Dipsea Race Committee Inc generated $137.5k 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 (4.6%) each year. All expenses for the organization totaled $131.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ANNUALLY SPONSORS AND CONDUCTS A CROSS COUNTRY RACE COMMONLY KNOWN AS THE DISEA RACE THIS RACE IS AN HISTORIC EVENT WHICH IS OPEN TO ANYONE AND WHICH IS RENOWENED THROUGHOUT NORTHERN CALIFORNIA, OTHER STATES, AS WELL AS INTERNATIONALLY. IN 2022 IT WILL BE ITS 111TH RUNNING OF THE RACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mervyn Regan CEO | 2 | $0 | |
David A Albee Secretary | 2 | $0 | |
Edda B Stickle CFO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,945 |
| Total Program Service Revenue | $111,400 |
| Membership dues | $0 |
| Investment income | $185 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,530 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $13,425 |
| Printing, publications, postage, and shipping | $2,377 |
| Other expenses | $114,369 |
| Total expenses | $131,421 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $307,111 |
| Other assets | $0 |
| Total assets | $314,611 |
| Total liabilities | $0 |
| Net assets or fund balances | $314,611 |
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