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OFFSHORE RACING OUTREACH CORPORATION: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
OFFSHORE RACING OUTREACH CORPORATION (EIN 87-3469578)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-12
IRS object ID
202423179349203737
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-12T14:55:12-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954799564PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CARMODY MEACH & CHOO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12 NORTH LAKE AVE SUITE 830AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN873469578EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OFFSHORE RACING OUTREACH CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOFFSBusinessNameControlTxt
Phone2132682642PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1285 WHALERS WALKAddressLine1Txt
CitySAN PEDROCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90731ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM MCCLUREPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2024-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWeng H Choo CPAPreparerPersonNm
PTINP00131065PTIN
Phone6264401077PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresshttps://www.sailoro.org/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$171,848GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$171,842ContributionsGiftsGrantsEtcAmt
Investment Income$6InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$171,848TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$4,075FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$200,994OtherExpensesTotalAmt
Total Expenses$205,069TotalExpensesAmt
Excess Or Deficit For Year-$33,221ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$131,787NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$98,566NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$505BOYAmt
EOY$4,795EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$131,282BOYAmt
EOY$93,771EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$131,787BOYAmt
EOY$98,566EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$131,787BOYAmt
EOY$98,566EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO PROVIDE EDUCATION AND TRAINING IN THE SPORT OF BIG BOAT OFFSHORE SAILBOAT RACING.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomESTABLISH A PROGRAM FOR THE RECRUITMENT, EDUCATION, AND TRAINING OF SAILORS IN THE SPORT OF BIG BOAT OFFSHORE SAILBOAT RACING. WE RECRUIT MEMBERS OF ALL BACKGROUND, EMPHASIS ON LOWER INCOME, TRADITIONALLY EXCLUDED FROM THE SPORT, AND THE UNDERPRIVILEGED.DescriptionProgramSrvcAccomTxt
Program Service Expenses$200,964ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$200,964TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MARIE ROGERS
President2.00$0
WILLIAM MCCLURE
Treasurer2.00$0
DAVID CALLOWAY
Secretary2.00$0
WILLIAM ROGERS
Director2.00$0
BETSY SENESCU
Director2.00$0
JOHN JOURDANE
Director2.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWILLIAM MCCLUREPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1285 WHALERS WALKAddressLine1Txt
CitySAN PEDROCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90731ZIPCd
FieldValueIRS element (for citing)
Phone2132682642PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$292,400CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,345CurrentTaxYearMinus1YearAmt
Current Tax Year$171,842CurrentTaxYearAmt
Total$477,587TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$292,400CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,345CurrentTaxYearMinus1YearAmt
Current Tax Year$171,842CurrentTaxYearAmt
Total$477,587TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$477,587PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$477,587TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1005Travel $7443
Other Expenses.1009Depreciation $37511
Other Expenses.1012Insurance $4910
Other Expenses.1REPAIRS & MAINTENANCE $122610
Other Expenses.2BOAT SLIPS $9487
Other Expenses.3SUPPLIES $6772
Other Expenses.4SATELLITE AND INTERNET $5961
Other Expenses.5STORAGE $3000
Other Expenses.6BOAT ARTWORK $1643
Other Expenses.7MOORAGE $1627
Other Expenses.8BANK CHARGES $30
Other Assets.1003Machinery and Equipment - Beginning $131282 Machinery and Equipment - Ending $93771