Civic Intelligence

Main Street Oceanside Inc

EIN 33-0923965 • 501(c)6 • Oceanside, CA

Profile

Improve and enhance economic viability by supporting the preservation of unique existing structures and encouraging new development by attracting visitors, customers and residents to downtown oceanside.

701 Mission AvenueOceanside, CA 92054

www.msoceanside.com

Siviq Scores

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

Liabilities / Assets

84th percentile

0.50x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.12x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

33rd percentile

-0.2%

Higher net margin than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

7th percentile

-21%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

20%

Faster revenue growth than 78% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$727,852

Down $316,034 (-30%) from 2022

Liabilities

Down

$364,941

Down $318,962 (-47%) from 2022

Net Assets

Up

$362,911

Up $2,928 (+0.8%) from 2022

Revenue

Up

$2,952,992

Up $1,567,379 (+113%) from 2022

Expenses

Up

$2,960,365

Up $1,819,290 (+159%) from 2022

Net Income

Down

-$7,373

Down $251,911 (-103%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $278,706Liabilities 2011: $21,822Net Assets 2011: $256,8842011Assets 2012: $389,934Liabilities 2012: $18,348Net Assets 2012: $371,5862012Assets 2014: $436,982Liabilities 2014: $26,274Net Assets 2014: $410,7082014Assets 2015: $475,217Liabilities 2015: $26,001Net Assets 2015: $449,2162015Assets 2016: $514,779Liabilities 2016: $26,868Net Assets 2016: $487,9112016Assets 2017: $514,636Liabilities 2017: $36,671Net Assets 2017: $477,9652017Assets 2019: $483,364Liabilities 2019: $34,301Net Assets 2019: $449,0632019Assets 2022: $1,043,886Liabilities 2022: $683,903Net Assets 2022: $359,9832022Assets 2024: $727,852Liabilities 2024: $364,941Net Assets 2024: $362,9112024

Highlighted filing

2024

Assets$727,852
Liabilities$364,941
Net Assets$362,911

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $494,5462011Expenses 2012: $565,3822012Revenue 2014: $563,090Expenses 2014: $524,929Net Income 2014: $38,1612014Revenue 2015: $607,449Expenses 2015: $568,941Net Income 2015: $38,5082015Revenue 2016: $823,774Expenses 2016: $785,378Net Income 2016: $38,3962016Revenue 2017: $769,420Expenses 2017: $779,196Net Income 2017: -$9,7762017Revenue 2019: $753,009Expenses 2019: $851,906Net Income 2019: -$98,8972019Revenue 2022: $1,385,613Expenses 2022: $1,141,075Net Income 2022: $244,5382022Revenue 2024: $2,952,992Expenses 2024: $2,960,365Net Income 2024: -$7,3732024

Highlighted filing

2024

Revenue$2,952,992
Expenses$2,960,365
Net Income-$7,373

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 20, 2025
Return Version
2023v6.0
Gross Receipts
$3,839,287
Mission and Program Overview

Mission

Improve and enhance economic viability by supporting the preservation of unique existing structures and encouraging new development by attracting visitors, customers and residents to downtown oceanside.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$370,284$362,911▼ $7,373
Savings and Temporary Cash Investments$200,334$200,334→ $0
Cash and Non-Interest-Bearing Accounts$325,883$127,944▼ $197,939
Land, Buildings, and Equipment, Net$17,544$47,365▲ $29,821
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-
Prepaid Expenses and Deferred Charges-$0-
Accounts Receivable-$-19-
Total Assets$916,370$727,852▼ $188,518
Other Assets Total$372,609$352,228▼ $20,381
Liabilities
Other Liabilities$545,445$354,927▼ $190,518
Accounts Payable and Accrued Expenses$641$10,014▲ $9,373
Total Liabilities$546,086$364,941▼ $181,145
Net Assets / Fund Balance
Total Net Assets Fund Balance$370,284$362,911▼ $7,373
Total Liabilities and Net Assets / Fund Balance$916,370$727,852▼ $188,518

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,738$130,695$161,433
Leasehold Improvements$16,027$28,244$44,271
Other Land Buildings$494$27,854$28,348
Buildings$106$3,144$3,250
Other Assets Org$6,650--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Azalea PerezDirector
Marc KarrenDirector
Rob BennettDirector
Tom DemooyDirector
Angie LeonardCEO
David SchulzSecretary
Chad MarentetteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,556
Program Service Revenue
$2,019,144
Investment Income
$57
Other Revenue
$825,235
All Other Contributions
$1,604
Change in Net Assets
$-7,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,952,992
Total Revenue per Audited Statements
$2,952,992
Total Revenue per Form 990
$2,952,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,313,639
Salaries, Compensation, and Employee Benefits$646,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$593,665
All Other Expenses---$167,237
Insurance---$95,659
Payroll Taxes---$54,980
Other Expenses---$37,275
Fees for Services Other---$33,652
Depreciation Depletion---$9,530
Fees for Services Accounting---$8,600
Interest---$7,151
Travel---$4,704
Fees for Services Legal---$4,270
Advertising---$2,417
Office Expenses---$324
Pension Plan Contributions---$-1,919
Total Functional Expenses$0$0$0$2,960,365

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,960,365
Total Expenses per Audited Statements$2,960,365
Total Expenses per Form 990$2,960,365
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,671,725
Fundraising Direct Expenses$886,295
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sunset Market$1,058,481$1,058,481$620,997$437,484
Beach Services$256,838$256,838$87,185$169,653
Total Events$1,661,156$1,661,156$853,905$807,251
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gumaro EscarcegaCOOUniform EmbroideryNo-

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
Other Liabilities$204,528
Eidl Loan$150,641
Pnc Bank Control$-242
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Section B, Line 11B

No review was or will be conducted.

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

Board reviews any conflicts

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Main Street Oceanside Inc
EIN
33-0923965
Phone
7607544512
Address
701 MISSION AVENUE, OCEANSIDE, CA 92054

Signing Officer

Name
Angie Leonard
Title
CEO
Signed
2025-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angie Leonard
Formed
2000
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
38
Volunteers
100

Preparer

Firm
DeSanti & Associates Inc
Address
227 S Maple Street, Escondido, CA 92025
Preparer
Steven Van Voorhis
Phone
7607811700
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-7373
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0100000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02952992
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0370284
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0362911
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0200334
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200334
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0106
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03144
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03250
IRS990ScheduleD/EquipmentGrp/BookValueAmt030738
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0130695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161433
IRS990ScheduleD/ExpensesSubtotalAmt02960365
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt016027
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028244
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044271
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125451
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt177
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt262500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3154226
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt43324
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt56650
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PBID ADVANCED FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PBID ENTITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PBID PNC 9881
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4prepaid expenses
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6UNDEPOSITED FUNDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0494
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027854
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1204528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EIDL LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PNC BANK CONTROL
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt047365
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IRS990ScheduleD/TotalLiabilityAmt0354927
IRS990ScheduleD/TotalRevenuePerForm990Amt02952992
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUNSET MARKET
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0345837
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01058481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0256838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0345837
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01661156
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0807251
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0145723
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0853905
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0620997
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt087185
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt09
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GUMARO ESCARCEGA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0COO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0UNIFORM EMBROIDERY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS ANY CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0727852
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0108556
IRS990/TotalEmployeeCnt038
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02960365
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0546086
IRS990/TotalLiabilitiesEOYAmt0364941
IRS990/TotalLiabilitiesGrp/BOYAmt0546086
IRS990/TotalLiabilitiesGrp/EOYAmt0364941
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0370284
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IRS990/TotalProgramServiceExpensesAmt02960365
IRS990/TotalProgramServiceRevenueAmt02019144
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02059006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02952992
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0916370
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0727852
IRS990/TravelGrp/TotalAmt04704
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0701 MISSION AVENUE

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