Civic Intelligence

Khyc Foundation

EIN 81-3490443 • 501(c)3 • Redondo Beach, CA

Pub. 78 Eligible990-N CoverageNTEE T12

Profile

The specific purpose of the Corporation shall be primarily to support and encourage boating and access to the ocean and ocean related sports and other nonprofit organizations that organize encourage and sponsor yachting and yacht racing in and about the waters of Southern California and secondarily to support other charitable endeavors This purpose will be accomplished by organizing and hosting charity events specifically including but not limited to the annual King Harbor Yacht Club Holiday Boat Parade charity event to raise funds to be directed towards charitable endeavors This corporation may also carry out other charitable and educational activities associated with these goals as allowed by law

280 Yacht Club WayRedondo Beach, CA 90277
Siviq Scores

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

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T12 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

2.6%

Higher net margin than 42% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

NTEE T12 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

$8,342

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$8,342

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue80th percentileNet Margin42nd percentile

Revenue

$61,122

No earlier filing loaded for comparison.

Expenses

$59,550

No earlier filing loaded for comparison.

Net Income

$1,572

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$10K$5.0K$0Assets 2024: $8,342Liabilities 2024: $0Net Assets 2024: $8,3422024

Highlighted filing

2024

Assets$8,342
Liabilities$0
Net Assets$8,342
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2024: $61,122Expenses 2024: $59,550Net Income 2024: $1,5722024

Highlighted filing

2024

Revenue$61,122
Expenses$59,550
Net Income$1,572
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,342
Liabilities
$0
Net assets
$8,342
Revenue
$61,122
Expenses
$59,550
Net income
$1,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.34$0.00$8.34$61.1$59.6$1.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 20, 2025
Return Version
2024v5.0
Gross Receipts
$70,867
Mission and Program Overview

Mission

The specific purpose of the Corporation shall be primarily to support and encourage boating and access to the ocean and ocean related sports and other nonprofit organizations that organize encourage and sponsor yachting and yacht racing in and about the waters of Southern California and secondarily to support other charitable endeavors This purpose will be accomplished by organizing and hosting charity events specifically including but not limited to the annual King Harbor Yacht Club Holiday Boat Parade charity event to raise funds to be directed towards charitable endeavors This corporation may also carry out other charitable and educational activities associated with these goals as allowed by law

Program Services

DescriptionGrantsExpenses
Tom Collier Regatta for Hope - Supporting Cancer Research at the at Cedar Sinai$56,500$2,166
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kari KeidserPresidentdirector-$0--
Janine ThompsonSecretarydirector-$0--
Lee CollerTreasurerdirector-$0--
Patricia LightDirector-$0--
Tracey McMartinDirector-$0--
Filing and Contact Details

Filer

Filer Name
Khyc Foundation
EIN
81-3490443
Phone
0000000000
Address
280 YACHT CLUB WAY, REDONDO BEACH, CA 90277

Signing Officer

Name
Lee Coller
Title
Treasurer
Phone
3104895296
Signed
2025-05-20
Supplemental Narrative

Additional Explanations

Schedule O:

“Part 1.10: Santa Monica Bay Maritime Training (EIN 81-0831572) $1000 King Harbor Youth Foundation (EIN 95-3764717) $1000 Waterfront Education (EIN 46-1543808) $1000 Cedars Sinai Medical Center (EIN 95-1644600) $56,500 Part 1.16: Charity Registration Fee for CA Attorney Generals Office Part 2.26: Unpaid Invoice from previous month.”

Raw XML Appendix219 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part 1.10: Santa Monica Bay Maritime Training (EIN 81-0831572) $1000 King Harbor Youth Foundation (EIN 95-3764717) $1000 Waterfront Education (EIN 46-1543808) $1000 Cedars Sinai Medical Center (EIN 95-1644600) $56,500 Part 1.16: Charity Registration Fee for CA Attorney Generals Office Part 2.26: Unpaid Invoice from previous month.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReasonableCauseExplanation/ExplanationTxt0Located in Los Angeles County and automatically extended due to fires
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Lee Coller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03104895296
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KHYC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KHYC
ReturnHeader/Filer/EIN0813490443
ReturnHeader/Filer/PhoneNum00000000000
ReturnHeader/Filer/USAddress/AddressLine1Txt0280 YACHT CLUB WAY
ReturnHeader/Filer/USAddress/CityNm0REDONDO BEACH
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ReturnHeader/Filer/USAddress/ZIPCd090277
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ReturnHeader/ReturnTs02025-05-20T23:30:02Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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