Civic Intelligence

Coastal Quest

990 • Fiscal year 2020 • EIN 31-1678716

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Refreshing map…

2625 Alcatraz Ave 609Berkeley, CA 94705

(510) 847-3167

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.75x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.40x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

37th percentile

-0.1%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$159,803

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

97th percentile

383%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

234%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$438,349

Up $347,507 (+383%) from 2019

Net Assets

Up

$111,070

Up $22,785 (+26%) from 2019

Liabilities

Up

$327,279

Up $324,722 (+12699%) from 2019

Revenue

Up

$822,737

Up $576,662 (+234%) from 2019

Expenses

Up

$823,346

Up $609,659 (+285%) from 2019

Net Income

Down

-$609

Down $32,997 (-102%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2018: $70,028Liabilities 2018: $14,131Net Assets 2018: $55,8972018Assets 2019: $90,842Liabilities 2019: $2,557Net Assets 2019: $88,2852019Assets 2020: $438,349Liabilities 2020: $327,279Net Assets 2020: $111,0702020Assets 2021: $699,709Liabilities 2021: $114,663Net Assets 2021: $585,0462021Assets 2024: $1,586,784Liabilities 2024: $329,383Net Assets 2024: $1,257,4012024

Highlighted filing

2020

Assets$438,349
Liabilities$327,279
Net Assets$111,070

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $216,773Expenses 2018: $181,718Net Income 2018: $35,0552018Revenue 2019: $246,075Expenses 2019: $213,687Net Income 2019: $32,3882019Revenue 2020: $822,737Expenses 2020: $823,346Net Income 2020: -$6092020Revenue 2021: $1,605,642Expenses 2021: $1,194,666Net Income 2021: $410,9762021Revenue 2024: $3,253,323Expenses 2024: $3,475,757Net Income 2024: -$222,4342024

Highlighted filing

2020

Revenue$822,737
Expenses$823,346
Net Income-$609
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$822,737
Mission and Program Overview

Mission

Develop lasting solutions to protect, sustain, reduce threats, and to enhance the natural and cultural heritage of our coastal environments for present and future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$265,261-
Cash and Non-Interest-Bearing Accounts$90,723$123,391▲ $32,668
Savings and Temporary Cash Investments$119$46,332▲ $46,213
Prepaid Expenses and Deferred Charges-$2,789-
Land, Buildings, and Equipment, Net-$576-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$90,842$438,349▲ $347,507
Other Assets Total-$0-
Liabilities
Other Liabilities-$300,006-
Accounts Payable and Accrued Expenses$2,557$27,273▲ $24,716
Total Liabilities$2,557$327,279▲ $324,722
Net Assets / Fund Balance
Net Assets With Donor Restrictions$102,138$138,783▲ $36,645
Net Assets Without Donor Restrictions$-13,853$-27,713▼ $13,860
Total Net Assets Fund Balance$88,285$111,070▲ $22,785
Total Liabilities and Net Assets / Fund Balance$90,842$438,349▲ $347,507

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$576$164$740
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tegan HoffmannVice Pres/E.D.FT$159,803$159,803

Board Members and Trustees

NameTitle
Steve KretchmanPresident
George DonaldsonSecretary
Ruben Peter MallariTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$822,737
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$236,053
Change in Net Assets
$-609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$486,682
Salaries, Compensation, and Employee Benefits$285,813
Other Expenses$50,851
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$486,682--$486,682
Current Officers, Directors, Trustees, and Key Employees$120,810$51,342-$172,152
Other Salaries and Wages$41,138$51,776-$92,914
Payroll Taxes$13,611$7,136-$20,747
Office Expenses$807$6,991-$7,798
Information Technology-$5,149-$5,149
Interest-$3,818-$3,818
Fees for Services Legal-$2,950-$2,950
Fees for Services Accounting-$1,595-$1,595
Travel$690$567-$1,257
Depreciation Depletion-$164-$164
Conferences and Meetings$81$53-$134
Other Expenses$715$30-$30
All Other Expenses-$10-$10
Total Functional Expenses$673,212$150,134$0$823,346
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cabt Loc$254,703
Ppp$45,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Coastal Quest
EIN
31-1678716
Phone
5108473167
Address
2625 Alcatraz Ave 609, Berkeley, CA 94705

Signing Officer

Name
Tegan Hoffmann
Title
Executive Director
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tegan Hoffmann
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
4

Preparer

Firm
Laurel J Sullivan CPA Inc
Address
1826 Clement Ave Ste 201, Alameda, CA 94501
Preparer
Laurel J Sullivan CPA
Phone
5105009555
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Expenses $25,571 Including Grants of $0. Revenue $26,925Orange County Community Foundation Foundation grant used to identify and implement climate resilient approaches to increase protection and restoration of endangered species and the habitats they in throughout Orange County. OTHER PROGRAM SERVICES 5: Expenses $21,267 Including Grants of $21,267 Revenue $0.David and Lucile Packard Foundation grant used for administering Round 2 of the California Marine Protected Area (MPA) Outreach and Education Small Grants Program. This competitive grant program provides support to organizations targeting disadvantaged communities to increase ocean stewardship, engagement, compliance, and leadership statewide or in North Coast communities. OTHER PROGRAM SERVICES 6: Expenses $15,955 Including Grants of $0. Revenue $0. Resources Legacy Fund Grant used to pilot a new public private partnership, CDFW California Biodiversity Initiative Pilot. This pilot moves forward the State Wildlife Action Plan 2015 priorities, to effectively and sustainably conserve and manage Californias ecosystems through integrating CDFW and partner conservation efforts and acts upon Governor Browns California Biodiversity Initiative executive order. OTHER PROGRAM SERVICES 7: Expenses $0. Including Grants of $0. Revenue $90,000Edison International funding used to collaborate with and convene local governments and and regional groups along the Santa Clara River Watershed, identify projects to reduce climate risks, and secure long-term funding to implement solutions. The funds were classified as temporarily restricted when received in 2020 and were released for use in 2021.

Other Changes In Net Assets Or Fund Balances - Other Increases

chg from cash to accrual = $23394

Form 990, Part XII, Line 1: Change of Accounting Method

Effective for the year ending December 31, 2020, Coastal Quest will file accrual-based tax returns. Accrual accounting makes the relationship between revenue and expenses clearer, and it also offers a more accurate picture of the organization's assets and liabilities on its balance sheet.

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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The board of directors approves the compensation established for the Executive Director. The Executive Director, who also serves as Vice President of the board, abstains from this compensation approval voting.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Expenses $25,571 Including Grants of $0. Revenue $26,925Orange County Community Foundation Foundation grant used to identify and implement climate resilient approaches to increase protection and restoration of endangered species and the habitats they in throughout Orange County. OTHER PROGRAM SERVICES 5: Expenses $21,267 Including Grants of $21,267 Revenue $0.David and Lucile Packard Foundation grant used for administering Round 2 of the California Marine Protected Area (MPA) Outreach and Education Small Grants Program. This competitive grant program provides support to organizations targeting disadvantaged communities to increase ocean stewardship, engagement, compliance, and leadership statewide or in North Coast communities. OTHER PROGRAM SERVICES 6: Expenses $15,955 Including Grants of $0. Revenue $0. Resources Legacy Fund Grant used to pilot a new public private partnership, CDFW California Biodiversity Initiative Pilot. This pilot moves forward the State Wildlife Action Plan 2015 priorities, to effectively and sustainably conserve and manage Californias ecosystems through integrating CDFW and partner conservation efforts and acts upon Governor Browns California Biodiversity Initiative executive order. OTHER PROGRAM SERVICES 7: Expenses $0. Including Grants of $0. Revenue $90,000Edison International funding used to collaborate with and convene local governments and and regional groups along the Santa Clara River Watershed, identify projects to reduce climate risks, and secure long-term funding to implement solutions. The funds were classified as temporarily restricted when received in 2020 and were released for use in 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3chg from cash to accrual = $23394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Effective for the year ending December 31, 2020, Coastal Quest will file accrual-based tax returns. Accrual accounting makes the relationship between revenue and expenses clearer, and it also offers a more accurate picture of the organization's assets and liabilities on its balance sheet.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 1: Change of Accounting Method
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