MORRO BAY COMMUNITY QUOTA FUND: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: MORRO BAY COMMUNITY QUOTA FUND (EIN 46-2273232)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202523219349324347
Schema version: 2024v5.2
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
Form 990
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T18:17:09-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271144439	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCDERMOTT & APKARIAN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	241 SOUTH BROADWAY 201	AddressLine1Txt
City	ORCUTT	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93455	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	462273232	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MORRO BAY COMMUNITY QUOTA FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MORR	BusinessNameControlTxt
Phone	8054406137	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	601 EMBARCADERO SUITE 11	AddressLine1Txt
City	MORRO BAY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93442	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ERIC ENDERSBY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	8054406137	PhoneNum
Signature	2025-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BENJAMIN R WATSON CPA	PreparerPersonNm
PTIN	P02190740	PTIN
Phone	8059258729	PhoneNum
Preparation	2025-11-12	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ERIC ENDERSBY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	601 EMBARCADERO SUITE 11	AddressLine1Txt
City	MORRO BAY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93442	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$130,801	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MORROBAYCOMMUNITYQUOTAFUND.ORD	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2004	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	TO OBTAIN, ADMINISTER AND MANAGE LEGALLY RECOGNIZED AND ENFORCEABLE FISHING PRIVILEGES FROM VARIOUS AGENCIES, ORGANIZATIONS AND/OR INDIVIDUALS AND HOLD THEM IN THE SAN LUIS OBISPO COUNTY. (MORE DETAILS ON SCHEDULE O).	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$142,865	PYProgramServiceRevenueAmt
CY Program Service Revenue	$130,776	CYProgramServiceRevenueAmt
PY Investment Income	$0	PYInvestmentIncomeAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
PY Other Revenue	$34	PYOtherRevenueAmt
CY Other Revenue	$25	CYOtherRevenueAmt
PY Total Revenue	$142,899	PYTotalRevenueAmt
CY Total Revenue	$130,801	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$67,489	PYOtherExpensesAmt
CY Other Expenses	$59,131	CYOtherExpensesAmt
PY Total Expenses	$67,489	PYTotalExpensesAmt
CY Total Expenses	$59,131	CYTotalExpensesAmt
PY Revenues Less Expenses	$75,410	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$71,670	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,451,127	TotalAssetsBOYAmt
Total Assets EOY	$2,522,796	TotalAssetsEOYAmt
Total Liabilities BOY	$1	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,451,126	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,522,796	NetAssetsOrFundBalancesEOYAmt
Mission	TO OBTAIN, ADMINISTER AND MANAGE LEGALLY RECOGNIZED AND ENFORCEABLE FISHING PRIVILEGES FROM VARIOUS AGENCIES, ORGANIZATIONS AND/OR INDIVIDUALS AND HOLD THEM IN THE SAN LUIS OBISPO COUNTY. (MORE DETAILS ON SCHEDULE O).	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$59,056	ExpenseAmt
Desc	TO OBTAIN, ADMINISTER AND MANAGE LEGALLY RECOGNIZED AND ENFORCEABLE FISHING PRIVILEGES FROM VARIOUS AGENCIES, ORGANIZATIONS AND/OR INDIVIDUALS AND HOLD THEM IN THE SAN LUIS OBISPO COUNTY. TO PRESERVE AND IMPROVE KNOWLEDGE OF REGIONAL FISH STOCKS FOR COMMUNITY ACCESS. TO IMPROVE CONSUMER KNOWLEDGE OF AND ACCESS TO HIGH QUALITY LOCAL SEAFOOD PRODUCTS AND ENGAGE IN EFFOTS TO CREATE A MARKET DISTRIBUTION FOR LOCAL AND SUSTAINABILITY CAUGHT SEAFOOD IN ORDER TO SUPPORT CORPORATION ACTIVITIES AND COMMUNITY FISHERY INFRASTRUCTURE.	Desc
Total Program Service Expenses	$59,056	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	0	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DWAYNE OBERHOFF	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8054406137	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	601 EMBARCADERO	AddressLine1Txt
City	MORRO BAY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93442	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
CAPT JEREMIAH O'BRIEN
DIRECTOR	0.50	Yes (X)	$0	$0	$0
DR DEAN WENDT
DIRECTOR	0.50	Yes (X)	$0	$0	$0
EDWARD BACKUS
DIRECTOR	0.50	Yes (X)	$0	$0	$0
ERIC ENDERSBY
PRESIDENT	1.00		$0	$0	$0	Yes (X)
ANDREA LUEKER
VICE PRESIDENT	1.00		$0	$0	$0	Yes (X)
CHRIS KUBIAK
SECRETARY	1.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	FISHING QUOTAS	Desc
Business	110000	BusinessCd
Total Revenue Column	$130,776	TotalRevenueColumnAmt
Exclusion	$130,776	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$130,776	TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	INTEREST INCOME	Desc
Business	110000	BusinessCd
Total Revenue Column	$25	TotalRevenueColumnAmt
Exclusion	$25	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$25	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$130,801	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$130,801	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$1,505	TotalAmt
Program Services	$1,505	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$48,120	TotalAmt
Program Services	$48,120	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,720	TotalAmt
Program Services	$3,720	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,811	TotalAmt
Program Services	$2,811	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
DUES & SUBSCRIPTIONS	$1,655	$1,655
LICENSE AND PERMITS	$1,020	$1,020
MEMBERSHIPS	$225	$225
MEETING COSTS	$75		$75

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$59,131	TotalAmt
Program Services	$59,056	ProgramServicesAmt
Management And General	$75	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$519,549	BOYAmt
EOY	$591,218	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,931,578	BOYAmt
EOY	$1,931,578	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,451,127	BOYAmt
EOY	$2,522,796	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$2,375,716	BOYAmt
EOY	$2,451,126	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$75,410	BOYAmt
EOY	$71,670	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,451,126	BOYAmt
EOY	$2,522,796	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,451,127	BOYAmt
EOY	$2,522,796	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$71,670	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$165,841	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$150,009	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$160,687	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$142,865	CurrentTaxYearMinus1YearAmt
Current Tax Year	$130,776	CurrentTaxYearAmt
Total	$750,178	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$165,841	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$150,009	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$160,687	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$142,865	CurrentTaxYearMinus1YearAmt
Current Tax Year	$130,776	CurrentTaxYearAmt
Total	$750,178	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$750,178	PublicSupportTotal170Amt
Total Support	$750,178	TotalSupportAmt
Public Support CY170	1.00000	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8A	NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART VI, SECTION A, LINE 8B	NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART VI, SECTION B, LINE 11B	THE BOARD OF DIRECTORS REVIEWED THE TAX RETURN PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION C, LINE 18	NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART VI, SECTION C, LINE 19	NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11G	OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 48,120. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,120.