Los Bustardos is located in Cannon Beach, OR. The organization was established in 1988. 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. Los Bustardos is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Los Bustardos generated $114.6k 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 (6.1%) each year. All expenses for the organization totaled $120.0k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
RECREATION FOR APPROXIMATELY 100 OF ITS MEMBERS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jeff B Tebow Camp Captain | 5 | $0 | |
| Armand L Smith Jr Vice Captain | 1 | $0 | |
| Michael L Shannon Vice Captain | 1 | $0 | |
| James D Harris Jr Treasurer | 10 | $0 | |
| William M Webster IV Secretary | 3 | $0 | |
| James J Grogan Past Captain | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,378 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $88,218 | 
| Investment income | $13 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $114,609 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $1,252 | 
| Other expenses | $118,756 | 
| Total expenses | $120,008 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,501 | 
| Other assets | $0 | 
| Total assets | $280,880 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $280,880 |