Civic Intelligence

Santa Monica Bay Restoration Foundation

EIN 33-0420271 • 501(c)3 • Playa Del Rey, CA

Pub. 78 Eligible

Profile

Our mission is to restore and enhance Santa Monica Bay and surrounding area through actions and partnerships that improve water quality, conserve and rehabilitate natural resources, and protect and serve the benefits and values of community stakeholders.

8117 W MANCHESTER AVE Ste UNIT 750Playa Del Rey, CA 90293

www.santamonicabay.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.17x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.10x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$241,450

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

11th percentile

-18%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.1%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,705,985

Down $370,814 (-18%) from 2023

Liabilities

Up

$295,176

Up $112,465 (+62%) from 2023

Net Assets

Down

$1,410,809

Down $483,279 (-26%) from 2023

Revenue

Up

$2,843,243

Up $86,248 (+3.1%) from 2023

Expenses

Up

$3,328,927

Up $779,415 (+31%) from 2023

Net Income

Down

-$485,684

Down $693,167 (-334%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2021: $1,539,995Liabilities 2021: $323,264Net Assets 2021: $1,216,7312021Assets 2022: $2,169,499Liabilities 2022: $482,894Net Assets 2022: $1,686,6052022Assets 2023: $2,076,799Liabilities 2023: $182,711Net Assets 2023: $1,894,0882023Assets 2024: $1,705,985Liabilities 2024: $295,176Net Assets 2024: $1,410,8092024

Highlighted filing

2024

Assets$1,705,985
Liabilities$295,176
Net Assets$1,410,809

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $2,378,569Expenses 2021: $2,362,669Net Income 2021: $15,9002021Revenue 2022: $3,100,072Expenses 2022: $2,630,198Net Income 2022: $469,8742022Revenue 2023: $2,756,995Expenses 2023: $2,549,512Net Income 2023: $207,4832023Revenue 2024: $2,843,243Expenses 2024: $3,328,927Net Income 2024: -$485,6842024

Highlighted filing

2024

Revenue$2,843,243
Expenses$3,328,927
Net Income-$485,684

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 19, 2025
Return Version
2023v6.0
Gross Receipts
$2,843,243
Mission and Program Overview

Mission

Our mission is to restore and enhance Santa Monica Bay and surrounding area through actions and partnerships that improve water quality, conserve and rehabilitate natural resources, and protect and serve the benefits and values of community stakeholders.

Our mission is to restore and protect the santa monica bay and its 400 square mile watershed

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$948,151$1,354,136▲ $405,985
Cash and Non-Interest-Bearing Accounts$1,077,394$301,255▼ $776,139
Prepaid Expenses and Deferred Charges$30,689$42,494▲ $11,805
Land, Buildings, and Equipment, Net$20,565$8,100▼ $12,465
Total Assets$2,076,799$1,705,985▼ $370,814
Liabilities
Accounts Payable and Accrued Expenses$138,697$251,396▲ $112,699
Other Liabilities$44,014$43,780▼ $234
Total Liabilities$182,711$295,176▲ $112,465
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$950,738$958,673▲ $7,935
Net Assets With Donor Restrictions$943,350$452,136▼ $491,214
Total Net Assets Fund Balance$1,894,088$1,410,809▼ $483,279
Total Liabilities and Net Assets / Fund Balance$2,076,799$1,705,985▼ $370,814

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,100$155,362-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tom FordChief Executive OfcrFT$241,450$241,450
Heather BurdickDirector of ProgramsFT$142,637$142,637
Tracy EgoscueDirectorgencounselPT$18,614$18,614
Kathryn VernezPresidentPT$16,000$16,000

Board Members and Trustees

NameTitle
Laura Doss-hertzVice President
Bianca PattersonDirector
Candace EdwardsDirector
Daniel GenettiDirector
Jeff KlockeDirector
Tyler RasmussenDirector
Craig PerkinsFinance Director
Fran DiamondSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,843,157
Program Service Revenue
$0
Investment Income
$86
Other Revenue
$0
All Other Contributions
$41,595
Change in Net Assets
$-485,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,956,011
Salaries, Compensation, and Employee Benefits$1,372,916
Total Fundraising Expense$1,253
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$732,956$51,991$1,163$786,110
Current Officers, Directors, Trustees, and Key Employees$384,087$34,614-$418,701
Other Expenses$120,841$3,936-$124,777
Fees for Services Management-$102,835-$102,835
Payroll Taxes$96,350$4,459$54$100,863
Insurance-$90,058-$90,058
Other Employee Benefits$64,233$2,973$36$67,242
Office Expenses$17,067$44,548-$61,615
Travel$36,274$371-$36,645
Total Functional Expenses$2,920,037$407,637$1,253$3,328,927
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tracy EgoscueLegal Support ServicesLegal RepresentationNo$18,614
Tyler RasmussenHuman Resources SupportHuman Resources SupportNo$16,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accumulated Leave Accrual$43,780
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI Line 11B

Form 990 was reviewed by the Executive Committee and Board of Directors

Part VI Line 11B

prior to filing and any questions were addressed and resolved timely.

Part VI Line 12C

The organization's Board of Directors discusses annually any interests that

Part VI Line 12C

could give rise to conflicts and signs a form to adhere to the org policy

Part VI Line 15A or B

The Organization determines compensation for its Chief Executive Officer

Part VI Line 15A or B

annually based on merit and achievements benchmarking salary.

Part VI Line 19

The Organization has made its governing documents, conflict of interest

Part VI Line 19

available to the public upon request.

Form 990, Part VI, Section B, Line 11B

Form 990 was reviewed by the Executive Committee and Board of Directors

Form 990, Part VI, Section B, Line 12C

The organization's Board of Directors discusses annually

Form 990, Part VI, Section B, Line 15 - Schedule J, Part I

Compensation is commensurate with similar positions of comparable nonprofit

Form 990, Part VI, Section C, Line 19

Documents are made available to the public in various noted methods

Filing and Contact Details

Filer

Filer Name
Santa Monica Bay Restoration Foundation
EIN
33-0420271
In Care Of
% TOM FORD
Phone
8883012527
Address
8117 W MANCHESTER AVE Ste UNIT 750, PLAYA DEL REY, CA 90293
Doing Business As
The Bay Foundation

Signing Officer

Name
Tom Ford
Title
CEO
Phone
8883012527
Signed
2025-03-19

Organization Details

Principal Officer
Tom Ford
Formed
1990
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
19
Volunteers
534
Supplemental Narrative

Additional Explanations

Part XI Line 9

Cumulative depreciation adjustment to rec assets to gaap financials

Part XII Line 1

NO CHANGE

Part XII Line 2C

NO CHANGE

Part XII Line 3B

Every year the bay foundation undergoes multiple federal and state

Part XII Line 3B

Financial statement audits to verify our full compliance.

Part III Line 4D

Expenses: $163185.00 including grants of: $0.00 Revenue: $192578.00

Part III Line 4D

The Coastal Adaptation Program conducts research, monitoring, and

Part III

restoration activities in coastal habitats such as beaches and wetlands

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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0484109
IRS990/ProgSrvcAccomActy3Grp/Desc0The Environmental Engagement Program builds partnerships that enrich communities and serve watershed health. This program teams up with various communities, including schools, businesses, municipalities, organizations, and individuals, to advance environmental stewardship. From reducing boat related ocean pollution to promoting community composting and preventing plastic waste. Programs serviced included clean boating initiatives, table to farm composting programs, source reduction of single use plastics in local restaurants and working with local middle schools to foster conservation awareness and youth engagement in attempts to inform and empower the next generation of enviromental stakeholders.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0351336
IRS990/ProgSrvcAccomActyOtherGrp/Desc0The Coastal Adaptation Program conducts research, monitoring, and restoration activities in coastal habitats such as beaches and wetlands
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFCR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF PROGRAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTORGENCOUNSEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE PRESIDENT
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6SECRETARY
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt8FINANCE DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt11DIRECTOR
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