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Los Angeles Sailing Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263550483 ✦ San pedro, CA ✦ Designated as a 501(c)(3)

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Overview

What is Los Angeles Sailing Foundation?

The Los Angeles Sailing Foundation is a nonprofit organization, whose primary mission in 2020 involved providing financial support to the Los Angeles Yacht Club. This backing was aimed at funding the Port of Los Angeles Harbor Cup Intercollegiate Sailing Regatta, an event hosted by the yacht club. The foundation's activities and mission revolve around promoting and fostering sailing events, particularly in the context of intercollegiate competitions.


Official website here: www.lasf@layc.org

What do the Facebook reviews say about Los Angeles Sailing Foundation?

82% of 15 reviewers on Facebook recommend the Los Angeles Sailing Foundation. Here is a summary of their reviews:

The comments primarily indicate a positive sentiment, with numerous users expressing excitement about the opportunities presented by the organization. While most reviews are light-hearted and focus on personal anecdotes, such as birthday celebrations on boats, they reflect a broader appreciation for the community and the experiences the foundation facilitates.

Overall, the foundation seems to resonate well with its audience, successfully engaging individuals who are eager to participate in sailing events or gatherings. There is a clear enthusiasm for the activities offered, suggesting that the nonprofit effectively creates enjoyable and memorable experiences.


This AI summary has been generated from reviews found on Facebook.

Is Los Angeles Sailing Foundation legitimate?

Los Angeles Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Sailing Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.lasf@layc.org

What is the mission statement of Los Angeles Sailing Foundation?

The Los Angeles Sailing Foundation, in its mission during 2020, provided funding to the Los Angeles Yacht Club for the hosting of the Port of Los Angeles Harbor Cup Intercollegiate Sailing Regatta. While the provided information does not detail an explicit mission statement, it suggests that the foundation supports sailing events and possibly promotes sailing as a sport or activity, particularly among the collegiate community. The foundation may also have an interest in fostering competitions and promoting camaraderie within the sailing community. However, further information is required to provide a comprehensive and accurate mission statement.


Official website here: www.lasf@layc.org

Who is the CEO of Los Angeles Sailing Foundation?

Terrance Brown is the President of Los Angeles Sailing Foundation.


Official website here: www.lasf@layc.org

What is the revenue of Los Angeles Sailing Foundation?

Los Angeles Sailing Foundation's revenue in 2022 was $31,435.


Official website here: www.lasf@layc.org

Who are the executives of Los Angeles Sailing Foundation and what are their salaries?


Here are 7 key members and their salaries:


Terrance Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm D Mcduffie (Treasurer/Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Shook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Calloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sage Marie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lasf@layc.org

Where can I find the form 990EZ for Los Angeles Sailing Foundation?

Los Angeles Sailing Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lasf@layc.org

Learn more at the official website: www.lasf@layc.org

Mission Statement of Los Angeles Sailing Foundation

The Los Angeles Sailing Foundation, in its mission during 2020, provided financial support to the Los Angeles Yacht Club. This funding was allocated specifically for the Port of Los Angeles Harbor Cup Intercollegiate Sailing Regatta, an event that the Los Angeles Yacht Club hosts annually. By doing so, the Los Angeles Sailing Foundation contributed to the continuation of this sailing competition, which brings together collegiate teams. This support from the foundation allows for the successful organization and execution of the regatta, providing an opportunity for participants to showcase their skills and compete in a prestigious event.

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Impact




August, 2024

Los Angeles Sailing Foundation's impact includes supporting the Port of Los Angeles Harbor Cup Intercollegiate Sailing Regatta, which is hosted by the Los Angeles Yacht Club. Through grants made to the club, the foundation contributes to the development of youth in sailing and facilitates competitive opportunities for young sailors. By providing funding for such events, the foundation helps nurture a new generation of sailors and promotes the sport of sailing in the local community.




This information is meant to be a general summary of Los Angeles Sailing Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$31,435 (2022)
Expenses
$17,876 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $31,435

Assets and Liabilities:

  • Total Assets: $115,055
  • Total Liabilities: $0
  • Net Assets: $115,055

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Organization Details

Principal Officer

Terrance Brown

Main Address

285 WHALERS WALK, SAN PEDRO, CA, 90731

NTEE Category

Code: O50 - Youth development

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