Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
3 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Preserves surfing's history and beaches for sport and recreation.
This section is blank until Surfings Evolution & Preservation Foundation INC claims this page.
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Preservation of the beaches and their environment.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $9.6M | $3.8M |
| InvestmentsLn 11–13 | $10.8M | $20.0M |
| Total assetsLn 16 | $20.7M | $23.9M |
| LiabilitiesLn 26 | $0 | $2K |
| Net assetsLn 32 | $20.7M | $23.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1.2M | $1.2M | ||
| Other salaries and wagesLn 7 | $129K | $129K | ||
| Legal feesLn 11b | $11K | $11K | ||
| Accounting feesLn 11c | $16K | $8K | $8K | |
| Investment management feesLn 11f | $13K | $8K | $3K | $3K |
| Advertising and promotionLn 12 | $256K | $102K | $102K | $51K |
| Office expensesLn 13 | $3K | $1K | $857 | $803 |
| Conferences, conventions and meetingsLn 19 | $5K | $2K | $1K | $1K |
| Depreciation, depletion and amortizationLn 22 | $5K | $5K | ||
| InsuranceLn 23 | $6K | $6K | ||
| Other expenses (24a–d)Ln 24 | $1K | $1K | $151 | $118 |
| Total functional expensesLn 25 | $1.7M | $1.5M | $133K | $56K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $5.0M | $1.7M | $3.3M | $23.9M | 990 PDF |
| FY2024 | $4.4M | $2.4M | $2.0M | $20.7M | 990 PDF |
| FY2023 | $3.9M | $1.0M | $2.9M | $18.5M | 990 PDF |
| FY2022 | $3.2M | $652K | $2.6M | $15.6M | 990 PDF |
| FY2021 | $2.8M | $459K | $2.4M | $13.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $5,010,333 across 5 lines filed
Part IX · Statement of functional expenses $1,669,125 across 11 lines filed
Part X · Balance sheet $23,949,729 assets, 11 lines filed
Part XI · Reconciliation of net assets $23,947,729 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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