Civic Intelligence

Pacific Coast Sailing Foundation

990 • Fiscal year 2013 • EIN 95-3626059

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

5489 East Ocean Boulevard90803-4405

(562) 433-7939

Siviq Scores

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

Liabilities / Assets

76th percentile

0.10x

Higher debt load relative to assets than 76% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

97th percentile

$72,100

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

43rd percentile

-1.2%

Faster asset growth than 43% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

56th percentile

5.3%

Faster revenue growth than 56% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$430,407

Down $5,240 (-1.2%) from 2012

Net Assets

Up

$386,109

Up $37,244 (+11%) from 2012

Liabilities

Down

$44,298

Down $42,484 (-49%) from 2012

Revenue

Up

$432,699

Up $21,826 (+5.3%) from 2012

Expenses

Down

$419,319

Down $20,343 (-4.6%) from 2012

Net Income

Up

$13,380

Up $42,169 (+146%) from 2012

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $421,468Liabilities 2010: $82,989Net Assets 2010: $338,4792010Assets 2011: $454,078Liabilities 2011: $72,552Net Assets 2011: $381,5262011Assets 2012: $435,647Liabilities 2012: $86,782Net Assets 2012: $348,8652012Assets 2013: $430,407Liabilities 2013: $44,298Net Assets 2013: $386,1092013Assets 2014: $443,298Liabilities 2014: $30,783Net Assets 2014: $412,5152014Assets 2015: $394,432Liabilities 2015: $19,107Net Assets 2015: $375,3252015Assets 2016: $374,716Liabilities 2016: $20,204Net Assets 2016: $354,5122016Assets 2017: $300,668Liabilities 2017: $14,222Net Assets 2017: $286,4462017Assets 2018: $326,786Liabilities 2018: $15,004Net Assets 2018: $311,7822018Assets 2019: $309,781Liabilities 2019: $19,455Net Assets 2019: $290,3262019Assets 2020: $302,710Liabilities 2020: $24,461Net Assets 2020: $278,2492020Assets 2021: $348,554Liabilities 2021: $35,340Net Assets 2021: $313,2142021Assets 2022: $368,589Liabilities 2022: $8,786Net Assets 2022: $359,8032022Assets 2023: $382,603Liabilities 2023: $18,292Net Assets 2023: $364,3112023Assets 2024: $324,680Liabilities 2024: $15,093Net Assets 2024: $309,5872024

Highlighted filing

2013

Assets$430,407
Liabilities$44,298
Net Assets$386,109

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $427,010Expenses 2010: $480,431Net Income 2010: -$53,4212010Revenue 2011: $472,928Expenses 2011: $437,677Net Income 2011: $35,2512011Revenue 2012: $410,873Expenses 2012: $439,662Net Income 2012: -$28,7892012Revenue 2013: $432,699Expenses 2013: $419,319Net Income 2013: $13,3802013Revenue 2014: $405,870Expenses 2014: $379,461Net Income 2014: $26,4092014Revenue 2015: $445,253Expenses 2015: $443,460Net Income 2015: $1,7932015Revenue 2016: $399,646Expenses 2016: $453,825Net Income 2016: -$54,1792016Revenue 2017: $360,705Expenses 2017: $366,031Net Income 2017: -$5,3262017Revenue 2018: $441,189Expenses 2018: $410,530Net Income 2018: $30,6592018Revenue 2019: $387,505Expenses 2019: $396,740Net Income 2019: -$9,2352019Revenue 2020: $138,861Expenses 2020: $199,470Net Income 2020: -$60,6092020Revenue 2021: $318,373Expenses 2021: $328,844Net Income 2021: -$10,4712021Revenue 2022: $387,606Expenses 2022: $340,210Net Income 2022: $47,3962022Revenue 2023: $433,659Expenses 2023: $428,594Net Income 2023: $5,0652023Revenue 2024: $369,360Expenses 2024: $425,207Net Income 2024: -$55,8472024

Highlighted filing

2013

Revenue$432,699
Expenses$419,319
Net Income$13,380
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$446,077
Mission and Program Overview

Mission

Provide programs and facilities designed for youth, at-risk, disabled, novice and advanced sailors. Water safeety and skills.

Provide facilities, equipment programs designed to enhance skills and water safety through programs designed for youth, at-risk, disabled, novice and advanced sailing skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$294,427$264,114▼ $30,313
Cash and Non-Interest-Bearing Accounts$74,642$98,506▲ $23,864
Accounts Receivable$21,170$14,106▼ $7,064
Loans From Officers Directors$15,750$3,063▼ $12,687
Total Assets$435,647$430,407▼ $5,240
Other Assets Total$45,408$53,681▲ $8,273
Liabilities
Mortgage Notes Payable Secured by Investment Property$46,425--
Other Liabilities-$35,934-
Deferred Revenue$23,100--
Accounts Payable and Accrued Expenses$1,507$5,301▲ $3,794
Total Liabilities$86,782$44,298▼ $42,484
Net Assets / Fund Balance
Unrestricted Net Assets$314,009$351,253▲ $37,244
Permanently Rstr Net Assets$34,383$34,383→ $0
Temporarily Rstr Net Assets$473$473→ $0
Total Net Assets Fund Balance$348,865$386,109▲ $37,244
Total Liabilities and Net Assets / Fund Balance$435,647$430,407▼ $5,240

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$264,114$501,212$765,326
Other Assets Org$6,202--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$34,659---$34,659
2012$34,659---$34,659
2011$34,652-▲ $7-$34,659
2010$30,175$5,135▼ $658-$34,652
2009$30,175---$30,175
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike SegerblomEx.DirectorFT$72,100$72,100

Board Members and Trustees

NameTitle
Grant BixbyPresident
James BatemenVice President
Todd SmithVice President
Andrew ZinnDirector
Chuck ClayDirector
Dave HoodDirector
Don WylieDirector
Don ZinnDirector
Eric JohnsonDirector
Jerry MontgomeryDirector
Jim EddyDirector
John ShaddenDirector
Jonathan MitsumoriDirector
Michael McmahonDirector
Mike BlecherDirector
Mike SchoettleDirector
Patrick BixbyDirector
Patrick MeeganDirector
Richard LandesDirector
Thomas RamseyDirector
Charles MerrillAsst. Secretary
Charles Booey KoberSecretary
James Eddy IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,770
Program Service Revenue
$265,613
Investment Income
$1
Other Revenue
$18,315
All Other Contributions
$148,770
Change in Net Assets
$13,380

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$247,076
Salaries, Compensation, and Employee Benefits$172,243
Total Fundraising Expense$15,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$64,498$7,588$3,794$75,880
Current Officers, Directors, Trustees, and Key Employees$50,470$14,420$7,210$72,100
Depreciation Depletion$28,621$3,367$1,684$33,672
Payroll Taxes$18,850$3,608$1,805$24,263
Office Expenses$7,686$1,441$481$9,608
Interest$3,068--$3,068
Other Expenses$1,853$347$116$2,316
Travel$981$184$61$1,226
Total Functional Expenses$373,213$30,955$15,151$419,319
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,693
Fundraising Direct Expenses$13,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$27,565$27,565-$27,565
Total Events$27,565$27,565$11,030$16,535
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
Loans from Officers, Directors, Trustees, and Key Employees$15,750$3,063▼ $12,687
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$35,934
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section C, Line 19

The executive director will forward a copy of the information within 30 days of receipt of the related request for information.

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

Tax return is prepared by an outside firm, returns are reviewed by the executive director and treasurer before filing.

Filing and Contact Details

Filer

EIN
95-3626059
Phone
5624337939

Signing Officer

Name
James Eddy Iii
Title
Treasurer
Phone
3107493916
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Segerblom
Formed
1981
Legal Domicile
CA
Voting Board Members
24
Independent Board Members
24
Employees
4

Preparer

Preparer
JOHN O'CONNOR
Phone
3107493916
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EX.DIR.
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IRS990/Form990TFiledInd0true
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt013378
IRS990/FundraisingGrossIncomeAmt031693
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0446077
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt024
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/ProgramServicesAmt03068
IRS990/InterestGrp/TotalAmt03068
IRS990/InvestmentIncomeGrp/ExclusionAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0501212
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0294427
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0264114
IRS990/LandBldgEquipCostOrOtherBssAmt0765326
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt015750
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt03063
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE PROGRAMS AND FACILITIES DESIGNED FOR YOUTH, AT-RISK, DISABLED, NOVICE AND ADVANCED SAILORS. WATER SAFEETY AND SKILLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt046425
IRS990/NetAssetsOrFundBalancesBOYAmt0348865
IRS990/NetAssetsOrFundBalancesEOYAmt0386109
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt018315
IRS990/NetUnrelatedBusTxblIncmAmt0-29271
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0481
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01441
IRS990/OfficeExpensesGrp/ProgramServicesAmt07686
IRS990/OfficeExpensesGrp/TotalAmt09608
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045408
IRS990/OtherAssetsTotalGrp/EOYAmt053681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1DUES, LICENSES, FEES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINT
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt0116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0347
IRS990/OtherExpensesGrp/ProgramServicesAmt0169824
IRS990/OtherExpensesGrp/ProgramServicesAmt14157
IRS990/OtherExpensesGrp/ProgramServicesAmt223205
IRS990/OtherExpensesGrp/ProgramServicesAmt31853
IRS990/OtherExpensesGrp/TotalAmt0169824
IRS990/OtherExpensesGrp/TotalAmt14157
IRS990/OtherExpensesGrp/TotalAmt223205
IRS990/OtherExpensesGrp/TotalAmt32316
IRS990/OtherLiabilitiesGrp/EOYAmt035934
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01805
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03608
IRS990/PayrollTaxesGrp/ProgramServicesAmt018850
IRS990/PayrollTaxesGrp/TotalAmt024263
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt034383
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt034383
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MIKE SEGERBLOM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/Desc0Program Services
IRS990/ProgramServiceRevenueGrp/Desc1Rentals
IRS990/ProgramServiceRevenueGrp/Desc2UNIVERSITY CONTRACT
IRS990/ProgramServiceRevenueGrp/Desc3BOAT USE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0188391
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt144100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0188391
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt244100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327250
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt05872
IRS990/ProgSrvcAccomActy2Grp/Desc0ALLOWED FOR USE OF FACILITIES AND EQUIPMENT WHEN NOT IN USE NOTE EXPENSES REPORTED IN 990-T.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt035141
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05870
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERLY SAFE GUARD CASH BALANCES AND COLLECT INCOME.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01853
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128461
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0247679
IRS990/PYOtherRevenueAmt017823
IRS990/PYProgramServiceRevenueAmt0264588
IRS990/PYRevenuesLessExpensesAmt0-28789
IRS990/PYSalariesCompEmpBnftPaidAmt0191983
IRS990/PYTotalExpensesAmt0439662
IRS990/PYTotalRevenueAmt0410873
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013380
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.15$3.10$3.69$4.25$0.56
2023Detailed filing. Detailed filing data is available for this year.$3.83$0.18$3.64$4.34$4.29$0.05
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.09$3.60$3.88$3.40$0.47
2021Detailed filing. Detailed filing data is available for this year.$3.49$0.35$3.13$3.18$3.29$0.10
2020Detailed filing. Detailed filing data is available for this year.$3.03$0.24$2.78$1.39$1.99$0.61
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.19$2.90$3.88$3.97$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.27$0.15$3.12$4.41$4.11$0.31
2017Detailed filing. Detailed filing data is available for this year.$3.01$0.14$2.86$3.61$3.66$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.75$0.20$3.55$4.00$4.54$0.54
2015Detailed filing. Detailed filing data is available for this year.$3.94$0.19$3.75$4.45$4.43$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.43$0.31$4.13$4.06$3.79$0.26
2013Detailed filing. Detailed filing data is available for this year.$4.30$0.44$3.86$4.33$4.19$0.13
2012Summary only. Only limited summary data is available for this year.$4.36$0.87$3.49$4.11$4.40$0.29
2011Summary only. Only limited summary data is available for this year.$4.54$0.73$3.82$4.73$4.38$0.35
2010Summary only. Only limited summary data is available for this year.$4.21$0.83$3.38$4.27$4.80$0.53