Bayside Supporting Organization EIN 47-3887565 Form 990 (PDF) Claim this org

Bayside Supporting Organization FY2024 filing

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Supports and carries out the charitable, religious, and educational purposes of Bayside Covenant Church. For fiscal year 2024 it reported $5K in revenue, $22K in expenses, and $1.5M in net assets.Pt I

Founded
2015
Type
Supporting organization · Religion
Location
Roseville, CA
Filings
5 on file (2020–2024)
Revenue
$5KFY2024
Expenses
$22K
Net assets
$1.5M
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-3887565 Supporting organization Roseville, CA Founded 2015
Form 990 (PDF)
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Size
<$100K
What they do
Supports and carries out the charitable, religious, and educational purposes of Bayside Covenant Church.
Leadership
Money in and out
$5K revenue, $22K expenses
Bottom line
-367% net inflow
Money in and out · FY2024
Total revenue
$5K
Pt VIII · Ln 12
Total expenses
$22K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$18K
Where spending went · Part IX cols B–D
Program services $0.25 Management & general $0.75
Net inflow
-367%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
25%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$5K
FY2024▲ +100%
Expenses
$22K
FY2024▼ -99%
Total assets
$1.5M
FY2024▼ -54%
Total liabilities
$875
FY2024▼ -100%
Total revenue
$5K
Pt VIII · Ln 12
Total expenses
$22K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBayside Supporting Organization
EINHdr · item D47-3887565
Principal addressHdr · item CRoseville, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2015
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X90)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $5K of program spending, described in the organization's own filed words · FY2023.
01

Supports bayside covenant church,inc.

$5Kprogram expense

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Statement of Revenue

Part VIII
Other revenue100%$5K
Total revenueLn 12$5K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.75
Program services25%$5K
Management & general75%$17K
Total functional expensesLn 25$22K

Balance Sheet

Part X · end of year
CashLn 1$111K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$875
Total net assetsLn 32$1.5M
Months of cash on handcomputed59.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $111K · Operating expenses/yr $22K
59.5 months
Where the money goes
Program services
Program services $5K · Total expenses $22K
25%
Management & General
Management & general $17K · Total expenses $22K
75%
Fundraising
Fundraising $0 · Total expenses $22K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $5K
0%
Government reliance
Government grants — · Total revenue $5K
Earned-income share
Program service revenue $0 · Total revenue $5K
0%
Investment reliance
Investment income $-15K · Total revenue $5K
-314%
Program self-sufficiency
Program service revenue $0 · Total expenses $22K
0%
Growth & trend
Revenue growth (YoY)
This year $5K · Prior year $-2.2M
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2019 $3.9M · FY2023 $5K
-81%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5K · Expenses $22K
-367%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Bayside Covenant Church INC · Reported title Trustee · Highest reported compensation $0 · Total expenses $22K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $22K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%
Overhead ratio 75%
Revenue growth 100%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 60%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $10.6M · 2019–2022

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$5K revenue · viewing · ⤓ 990 PDF
FY2023$-2.2M revenue · ⤓ 990 PDF
FY2022$76K revenue · ⤓ 990 PDF
FY2021$74K revenue · ⤓ 990 PDF
FY2020$3.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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