Visit Oceanside INC FY2022 filing

Not tax-deductible

Oceanside, CA501(c)(6)Community DevelopmentEIN 27-2596227Revenue $2.5M in FY2022

On file with the IRSvisitoceanside.org928 N Coast Hwy, 92054-2136 · Oceanside, CATax-exempt since Sep 2010

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The organization's mission is to unite tourism related businessess together in order to generate visitor spending in the city of Oceanside through the development and operation of the Oceanside tourism marketing district

100¢ of each $1 spent went to programs.
$112K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average deficit $72K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$112K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.2M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 13 voting members
Concern: none of 13 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+54% vs prior year
Spent
$2.5M
To programs
100%
Net assets
$455K
By yearFY2021–FY2025
Revenue
$2.5M
FY2022▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.6M
FY2022$2.5M
FY2023$3.6M
FY2024$3.5M
FY2025$3.7M
Expenses
$2.5M
FY2022▲ +54%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.6M
FY2022$2.5M
FY2023$3.6M
FY2024$3.9M
FY2025$3.7M
Net assets
$455K
FY20220%
Tap a bar for its year
Net assets by fiscal year
FY2021$455K
FY2022$455K
FY2023$492K
FY2024$98K
FY2025$98K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $2.5M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $112K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO
$112,314Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Leslee Gaul’s $119K as President & CEO is at the 29th percentile of top reported officer pay among 2833 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Leslee Gaul$119,465$112,314

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Unites tourism businesses to boost visitor spending in Oceanside through marketing.

Questions for Visit Oceanside INC

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Provided by the organization

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1 program · in their own filed words · FY2021
01

The organization's mission is to unite tourism related businessess together in order to generate visitor spending in the city of oceanside through the development and operation of the oceanside tourism marketing district

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Gifts and grantsLn 1h$2.4M
Other incomeLn 4–11$27K
Fees for servicesLn 2g$9K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.5M
Owns and owesPt X
$455K
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$2.7M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$75K
Fees for servicesLn 2g$9K
Investment incomeLn 3$46
Other incomeLn 4–11$27K
Gains on assetsLn 7$0
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$189K
Other assetsLn 15$0
Total assetsLn 16$2.7M
LiabilitiesLn 26$2.2M
Net assetsLn 32$455K
OperationsPt I, VI
EmployeesI 58
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.2M$1.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$31K$189K
Total assetsLn 16$1.9M$2.7M
LiabilitiesLn 26$1.4M$2.2M
Net assetsLn 32$455K$455K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$112K$112K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$458K$458K
Pension plan contributionsLn 8$19K$19K
Other employee benefitsLn 9$35K$35K
Payroll taxesLn 10$45K$45K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$72K$72K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$43K$43K
Advertising and promotionLn 12$755K$755K
Office expensesLn 13$39K$39K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$19K$19K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$428K$428K
All other expensesLn 24e$419K$419K
Total functional expensesLn 25$2.5M$2.5M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.7M$3.7M$0$98K 990 PDF
FY2024 $3.5M$3.9M−$394K$98K 990 PDF
FY2023 $3.6M$3.6M$36K$492K 990 PDF
FY2022 Viewing $2.5M$2.5M$0$455K 990 PDF
FY2021 $1.6M$1.6M$0$455K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,451,759 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,450,854$2,416,388
I-9 Program service revenuePrior year $13,037$8,788
I-10 Investment incomePrior year $38$46
I-11 Other revenuePrior year $133,034$26,537
I-12 Total revenuePrior year $1,596,963$2,451,759
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $487,063$668,538
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,109,900$1,783,221
I-18 Total expensesPrior year $1,596,963$2,451,759
I-19 Revenue less expenses$0
Part VI · Governance 0 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,451,759 across 11 lines filed
Lines not itemized here account for $26,537 of total revenue; see the IRS return.
VIII-1b Membership dues$2,203,471
VIII-1e Government grants$75,000
VIII-1f All other contributions, gifts and grants$137,917
VIII-1h Total contributions, gifts and grants$2,416,388
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,788$8,788
VIII-3 Investment incomeUnrelated business $46$46
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $8,788 · Unrelated business $26,583$2,451,759
Part IX · Statement of functional expenses $2,451,759 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $112,314$112,314
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $457,621$457,621
IX-8 Pension plan contributionsPrograms $18,507$18,507
IX-9 Other employee benefitsPrograms $35,054$35,054
IX-10 Payroll taxesPrograms $45,042$45,042
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $71,841$71,841
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $42,694$42,694
IX-12 Advertising and promotionPrograms $754,572$754,572
IX-13 Office expensesPrograms $39,272$39,272
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $19,143$19,143
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $8,923$8,923
IX-24 Other expenses (24a–d)Programs $427,591$427,591
IX-24e All other expensesPrograms $419,185$419,185
IX-25 Total functional expensesPrograms $2,451,759 · Management $0 · Fundraising $0$2,451,759
Part X · Balance sheet $2,682,060 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $1,181,162$1,526,096
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $643,426$937,015
X-8 Inventories for sale or useStart of year $12,078$8,249
X-9 Prepaid expenses and deferred chargesStart of year $2,662$21,084
X-10c Land, buildings and equipment, netStart of year $31,428$189,184
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $566$432
X-15 Other assets$0
X-16 Total assetsStart of year $1,871,322$2,682,060
X-17 Accounts payable and accrued expensesStart of year $63,598$138,059
X-19 Deferred revenueStart of year $1,202,503$2,088,680
X-25 Other liabilitiesStart of year $1$1
X-26 Total liabilitiesStart of year $1,416,002$2,226,740
X-27 Net assets without donor restrictionsStart of year $357,627$199,152
X-28 Net assets with donor restrictionsStart of year $97,693$256,168
X-32 Total net assets or fund balancesStart of year $455,320$455,320
X-33 Total liabilities and net assetsStart of year $1,871,322$2,682,060
Part XI · Reconciliation of net assets $455,320 net assets at year end
XI-1 Total revenue$2,451,759
XI-2 Total expenses$2,451,759
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year$455,320
XI-10 Net assets at end of year$455,320

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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