Civic Intelligence

Save the Bay Action Fund

990 • Fiscal year 2020 • EIN 46-5304696

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 05, 2021

300 Frank Ogawa PlazaOakland, CA 94612

(510) 463-6850

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.62x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

2119.60x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-279764%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

20th percentile

-17%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$85,614

Down $17,874 (-17%) from 2019

Net Assets

Down

$32,624

Down $69,941 (-68%) from 2019

Liabilities

Up

$52,990

Up $52,067 (+5641%) from 2019

Revenue

Down

$25

Down $15,225 (-100%) from 2019

Expenses

Up

$69,966

Up $15,157 (+28%) from 2019

Net Income

Down

-$69,941

Down $30,382 (-77%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $0Net Assets 2014: $02014Assets 2015: $2,000Liabilities 2015: $2,000Net Assets 2015: $02015Assets 2016: $99,151Liabilities 2016: $43,492Net Assets 2016: $55,6592016Assets 2017: $33,506Liabilities 2017: $32,000Net Assets 2017: $1,5062017Assets 2018: $217,782Liabilities 2018: $75,658Net Assets 2018: $142,1242018Assets 2019: $103,488Liabilities 2019: $923Net Assets 2019: $102,5652019Assets 2020: $85,614Liabilities 2020: $52,990Net Assets 2020: $32,6242020Assets 2021: $28,461Liabilities 2021: $10,575Net Assets 2021: $17,8862021Assets 2022: $63,475Liabilities 2022: $6,500Net Assets 2022: $56,9752022Assets 2023: $53,312Liabilities 2023: $2,4442023Assets 2024: $45,670Liabilities 2024: $4,192Net Assets 2024: $41,4782024

Highlighted filing

2020

Assets$85,614
Liabilities$52,990
Net Assets$32,624

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $1,000Expenses 2014: $1,000Net Income 2014: $02014Revenue 2015: $1Expenses 2015: $1Net Income 2015: $02015Revenue 2016: $760,133Expenses 2016: $704,474Net Income 2016: $55,6592016Revenue 2017: $4,625Expenses 2017: $58,778Net Income 2017: -$54,1532017Revenue 2018: $484,642Expenses 2018: $344,024Net Income 2018: $140,6182018Revenue 2019: $15,250Expenses 2019: $54,809Net Income 2019: -$39,5592019Revenue 2020: $25Expenses 2020: $69,966Net Income 2020: -$69,9412020Revenue 2021: $0Expenses 2021: $14,738Net Income 2021: -$14,7382021Revenue 2022: $50,000Expenses 2022: $10,911Net Income 2022: $39,0892022Revenue 2023: $0Expenses 2023: $6,107Net Income 2023: -$6,1072023Revenue 2024: $0Expenses 2024: $9,390Net Income 2024: -$9,3902024

Highlighted filing

2020

Revenue$25
Expenses$69,966
Net Income-$69,941
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 5, 2021
Return Version
2019v5.0
Gross Receipts
$25
Mission and Program Overview

Mission

Save The Bay Action Fund supports Save The Bay, a separate 501(c)(3) nonprofit organization in its effort to protect and restore San Francisco Bay.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,488$85,614▼ $17,874
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$103,488$85,614▼ $17,874
Other Assets Total-$0-
Liabilities
Other Liabilities$923$52,688▲ $51,765
Accounts Payable and Accrued Expenses-$302-
Total Liabilities$923$52,990▲ $52,067
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$102,565$32,624▼ $69,941
Total Net Assets Fund Balance$102,565$32,624▼ $69,941
Total Liabilities and Net Assets / Fund Balance$103,488$85,614▼ $17,874
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don WedenPresident
Donnie FowlerDirector
Felicia MadsenDirector
Mark KyleDirector
David LewisSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$25
Change in Net Assets
$-69,941

Audited Revenue Reconciliation

Revenue per Audited Statements
$25
Revenue Not Reported on Form 990
$4,338,060
Total Revenue per Audited Statements
$4,338,085
Total Revenue per Form 990
$25
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$41,796
Other Expenses$28,170
Total Fundraising Expense$270
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,583$19,164$229$35,976
Fees for Services Legal-$7,943-$7,943
Fees for Services Other$3,963$539-$4,502
Occupancy-$3,860-$3,860
Other Employee Benefits$1,409$1,687$22$3,118
Payroll Taxes$1,265$1,418$19$2,702
Fees for Services Accounting-$2,200-$2,200
Information Technology$680$1,341-$2,021
Insurance-$1,912-$1,912
Office Expenses-$1,227-$1,227
Advertising-$88-$88
Travel$67$16-$83
Other Expenses$18$29-$29
Total Functional Expenses$23,985$45,711$270$69,966

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,260,271
Expenses Not Reported on Form 990$3,190,305
Expenses per Audited Statements$69,966
Total Expenses per Form 990$69,966
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
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
Payable to Save The Bay$52,688
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND THE EXECUTIVE DIRECTOR. THIS GROUP OF INDIVIDUALS DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONAL. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final return which is then e-filed with the Internal Revenue Service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members of the board of directors review all potential conflicts of interest at least annually. All board members are required to disclose potential conflicts and any related party affiliations. Loans between the organization and members of the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the board of directors review the compensation of employees periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Members of the board of directors review the compensation of employees periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries.

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

All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by Tax Authorities and the General Public. Tax Returns are posted annually to Save the Bay's website (www.savesfbay.org) and www.guidestar.org (where they are available for viewing as electronic copies), and are also available by request from the organization's office in Oakland, California.

Filing and Contact Details

Filer

Filer Name
Save The Bay Action Fund
EIN
46-5304696
Phone
5104636850
Address
300 Frank Ogawa Plaza, Oakland, CA 94612

Signing Officer

Name
David Lewis
Title
Treasurer
Phone
5104636850
Signed
2021-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Lewis
Formed
2014
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Regalia & Associates Cpas
Address
103 TOWN COUNTRY DR STE K, DANVILLE, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that the Organization has adequately evaluated its current tax positions and has concluded that as of September 30, 2020, the Organization does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.The Organization has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(4) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the Organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Revenue reflected on Save The Bay 990 $4290513

Part XII, Line 2D: Other expenses and losses per audited F/S

Expenses reflected on Save The Bay 990 $3145939

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IRS990/ProgSrvcAccomActy2Grp/Desc0Restore Bay HabitatThe Action Fund supported a regional ballot measure to fund improvements in Santa Clara County creek and shoreline wildlife habitat, clean drinking water a flood protection. We educated voters about these investments needed to improve county climate resilience.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Bay Smart CommunitiesThe Action Fund supported regional and state ballot measures in 2020 to advance Bay Smart Communities, climate adaptation and equity. These included measures to improve regional transit and affordable housing, expand access to open space, and fund natural solutions to manage stormwater pollution. We shared information with voters in communities where these measures appeared and encouraged their support.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payable to Save The Bay
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that the Organization has adequately evaluated its current tax positions and has concluded that as of September 30, 2020, the Organization does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.The Organization has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(4) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the Organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Revenue reflected on Save The Bay 990 $4290513
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Expenses reflected on Save The Bay 990 $3145939
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
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IRS990ScheduleD/TotalLiabilityAmt052688
IRS990ScheduleD/TotalRevenuePerForm990Amt025
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04338085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03260271
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND THE EXECUTIVE DIRECTOR. THIS GROUP OF INDIVIDUALS DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONAL. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final return which is then e-filed with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF EMPLOYEES PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF EMPLOYEES PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by Tax Authorities and the General Public. Tax Returns are posted annually to Save the Bay's website (www.savesfbay.org) and www.guidestar.org (where they are available for viewing as electronic copies), and are also available by request from the organization's office in Oakland, California.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Save The Bay
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Save The Bay
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0946078420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0protect and restore San Francisco Bay
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1)(A)(vi)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0300 Frank Ogawa Plaza Suite 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Oakland
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094612
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IRS990/TotalAssetsBOYAmt0103488
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IRS990/TotalFunctionalExpensesGrp/TotalAmt069966
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0923
IRS990/TotalLiabilitiesEOYAmt052990
IRS990/TotalLiabilitiesGrp/BOYAmt0923
IRS990/TotalLiabilitiesGrp/EOYAmt052990
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0102565
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IRS990/WebsiteAddressTxt0www.savesfbay.org
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David Lewis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05104636850
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Save The Bay Action Fund
ReturnHeader/Filer/BusinessNameControlTxt0SAVE
ReturnHeader/Filer/EIN0465304696
ReturnHeader/Filer/PhoneNum05104636850
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 Frank Ogawa Plaza
ReturnHeader/Filer/USAddress/CityNm0Oakland
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ReturnHeader/Filer/USAddress/ZIPCd094612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680260103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REGALIA & ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0103 TOWN COUNTRY DR STE K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094526
ReturnHeader/PreparerPersonGrp/PhoneNum09253140390

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