Solano Beach Cats FY2021 filing

Tax-deductible

Solana Beach, CA501(c)(3)Youth DevelopmentEIN 65-1244270

This page gets seen. Tell your story. Claim this org.

The specific and primary purpose is to operate a club program for boys and girls between age of 9-15 in north san diego county, ca. IT is primarily a basketball program to prepare

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $600
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$152K
110% of total assets
Concern: liabilities are 110% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$368K
+93% vs prior year
Spent
$343K
To programs
98%
Net assets
−$13K
By yearFY2020–FY2024
Revenue
$368K
FY2021▲ +93%
Revenue by fiscal year
FY2020$190K
FY2021$368K
FY2022$14K
FY2023$53K
FY2024$20K
Expenses
$343K
FY2021▲ +40%
Expenses by fiscal year
FY2020$245K
FY2021$343K
FY2022$5K
FY2023$13K
FY2024$26K
Net assets
−$13K
FY2021▲ +80%
Net assets by fiscal year
FY2020−$66K
FY2021−$13K
FY2022$15K
FY2023$0
FY2024−$6K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2005.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $338K Management & general 2% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Marketing Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Community Relationship
$0Pt VII · Sec A

Brenda Corsi’s $38K as Executive Director is at the 76th percentile of top reported officer pay among 112 <$100K youth 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.

See Solano Beach Cats executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Operates a basketball club for youth ages 9-15 in North San Diego County.

Provided by the organization

This section is blank until Solano Beach Cats claims this page.

Know this organization? Claim it to add your story

1 program service account for $338K of program spending, described in the organization's own filed words · FY2021.
01

The program envisions installing the principals of good citizenship, to have fun, work hard, do their best and get ready for high school basketball

$338Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$600

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$368K
Ln 12
Gifts and grantsLn 1h$368K
Investment incomeLn 3$9
Money outPt IX
$343K
Ln 25
Programscol B$338K
Managementcol C$6K
Owns and owesPt X
−$13K
net assets · Ln 32
Cash and savingsLn 1–2$129K
Total assetsLn 16$139K
LiabilitiesLn 26$152K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$368K
Investment incomeLn 3$9
Total revenueLn 12$368K
Assets in detailPt X, end of year
CashLn 1$129K
Cash and savings togetherLn 1–2$129K
Total assetsLn 16$139K
LiabilitiesLn 26$152K
Net assetsLn 32−$13K
OperationsPt I, VI
EmployeesI 51
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$115K$129K
Total assetsLn 16$121K$139K
LiabilitiesLn 26$187K$152K
Net assetsLn 32−$66K−$13K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Pay of current officers, directors and key staffLn 5$70K$70K$0$0
Other salaries and wagesLn 7$112K$112K$0$0
Payroll taxesLn 10$6K$6K$0$0
Accounting feesLn 11c$3K$3K$0$0
Other fees for servicesLn 11g$469$469$0$0
Office expensesLn 13$12K$7K$6K$0
TravelLn 17$5K$5K$0$0
InterestLn 20$347$347$0$0
InsuranceLn 23$4K$4K$0$0
Other expenses (24a–d)Ln 24$36K$36K$0$0
All other expensesLn 24e$87K$87K$0$0
Total functional expensesLn 25$343K$338K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $20K$26K−$6K−$6K 990 PDF
FY2023 $53K$13K$40K$0 990 PDF
FY2022 $14K$5K$9K$15K 990 PDF
FY2021 Viewing $368K$343K$24K−$13K 990 PDF
FY2020 $190K$245K−$55K−$66K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $367,624 across 5 lines filed
VIII-1b Membership dues$348,398
VIII-1f All other contributions, gifts and grants$19,217
VIII-1h Total contributions, gifts and grants$367,615
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$9
VIII-12 Total revenueRelated to mission $9 · Unrelated business $0 · Excluded from tax $0$367,624
Part IX · Statement of functional expenses $343,196 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $6,335$6,335
IX-5 Pay of current officers, directors and key staffPrograms $70,000 · Management $0 · Fundraising $0$70,000
IX-7 Other salaries and wagesPrograms $111,658 · Management $0 · Fundraising $0$111,658
IX-10 Payroll taxesPrograms $6,331 · Management $0 · Fundraising $0$6,331
IX-11c Accounting feesPrograms $3,055 · Management $0 · Fundraising $0$3,055
IX-11g Other fees for servicesPrograms $469 · Management $0 · Fundraising $0$469
IX-13 Office expensesPrograms $6,817 · Management $5,561 · Fundraising $0$12,378
IX-17 TravelPrograms $4,836 · Management $0 · Fundraising $0$4,836
IX-20 InterestPrograms $347 · Management $0 · Fundraising $0$347
IX-23 InsurancePrograms $4,177 · Management $0 · Fundraising $0$4,177
IX-24 Other expenses (24a–d)Programs $36,372 · Management $0 · Fundraising $0$36,372
IX-24e All other expensesPrograms $87,238 · Management $0 · Fundraising $0$87,238
IX-25 Total functional expensesPrograms $337,635 · Management $5,561 · Fundraising $0$343,196
Part X · Balance sheet $138,542 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $114,857$129,492
X-4 Accounts receivableStart of year $5,995$9,050
X-16 Total assetsStart of year $120,852$138,542
X-17 Accounts payable and accrued expensesStart of year $8,722$1,982
X-26 Total liabilitiesStart of year $187,113$151,882
X-32 Total net assets or fund balancesStart of year −$66,261−$13,340
X-33 Total liabilities and net assetsStart of year $120,852$138,542
Part XI · Reconciliation of net assets −$13,340 net assets at year end
XI-1 Total revenue$367,624
XI-2 Total expenses$343,196
XI-3 Revenue less expenses$24,428
XI-4 Net assets at start of year−$66,261
XI-10 Net assets at end of year−$13,340

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.