Naturally Bay Area Inc
- Assets
- $126.0k
- Revenue
- $194.2k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 82-4399102
Organization Overview
Naturally Bay Area Inc is located in San Francisco, CA. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naturally Bay Area Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Naturally Bay Area Inc generated $194.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $185.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STIMULATE GROWTH, ENTREPRENEURSHIP AND EXCEPTIONAL LEADERSHIP IN THE NORTHERN
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAMS:EDUCATION SERIES (MONTHLY) NBA'S EDUCATION SERIES USES WORKSHOPS, ENGAGING DEBATE AND LONGFORM INTERVIEWS TO PEER INTO THE MINDS OF SOME OF THE BAY AREA'S BEST AND BRIGHTEST NATURAL PRODUCTS LEADERS. OUR AUDIENCE IS COMPRISED LARGELY OF ENTREPRENEURS AND FOUNDERS OF NATURAL PRODUCTS COMPANIES AND ADVISORS AND EXPERTS WHO WORK CLOSELY WITH THESE LEADERS. THE SERIES COVERS A WIDE RANGE OF TOPICS INCLUDING MARKETING, FINANCE, OPERATIONS, SALES, AS WELL AS IMPACT TOPICS SUCH AS ENVIRONMENTALLY RESPONSIBLE BUSINESS PRACTICES, AND DIVERSITY, EQUITY, & INCLUSION.
COMMUNITY NETWORKING EVENTS: NATURALLY BAY AREA HOSTS QUARTERLY NETWORKING EVENTS FOR ALL COMMUNITY MEMBERS TO COME TOGETHER AND DEEPEN THEIR CONNECTIONS. THIS INCLUDES CPG ENTREPRENEURS, INVESTORS, ADVISORS, SERVICE PROVIDERS, AND JOB SEEKERS. THESE ARE SOCIAL EVENTS INDENTED TO FACILITATE RELATIONSHIPS AND HELP BRING THE COMMUNITY TOGETHER.
VOLUNTEER PROGRAMS:AT TIMES, AND PER THE DISCRETION OF THE BOARD OF DIRECTORS, THE CORPORATION MAY PROVIDE INTERNSHIPS OR VOLUNTEER OPPORTUNITIES TO STUDENTS OR YOUNG PROFESSIONALS TO SUPPORT THEIR ONGOING PROFESSIONAL DEVELOPMENT AND FOSTER CONNECTION WITHIN THE NBA COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Davick Board Member | Trustee | 1 | $0 |
Alyssa Adams Board Member (to 08/23) | Trustee | 1 | $0 |
Drew Mcgowan Board Chair/president | OfficerTrustee | 1 | $0 |
Pete Brennan Board Member | Trustee | 1 | $0 |
Vanessa Toy Board Member | Trustee | 1 | $0 |
Jim Taschetta Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $194,165 |
| Investment income | $63 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,228 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,950 |
| Advertising and promotion | $17,836 |
| Office expenses | $134 |
| Information technology | $6,330 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,602 |
| All other expenses | $219 |
| Total functional expenses | $185,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $125,965 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $125,965 |
| Total liabilities and net assets/fund balances | $125,965 |