Real Estate Society Inc

EIN: 471425941 501(c)(3) Education

San Diego, CA

Total Revenue
$318,110
Total Expenses
$289,788
Total Assets
$137,230
Net Assets
$135,730
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
Sean Bascom
Phone
6199169179
Tax Period
2024-08-01 to 2025-07-31

Real Estate Society Inc, founded in 2014, is a small nonprofit in the Education sector that reported $318K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $290K left a modest 9% surplus.

Mission

Sprockids San Diego is a youth organization passionate about inspiring and creating opportunities for riders to learn and participate in the sport of cycling. We offer instructional programs and experiential rides designed to support the development of positive self esteem, build community, and encourage an active lifestyle. We empower riders by teaching life skills through bike skills. Sprockids San Diego emphasizes practicing an active lifestyle, taking responsibility for your own actions and having empathy for others We highlight that fun and play is key to long lasting learning. Instructors focus on the importance of etiquette, fair play and leadership while emphasizing the critical role of self-esteem and confidence. We foster a strong sense of community, reinforcing the importance of taking care of ourselves and each other. We celebrate and invite cyclists of all abilities and backgrounds to join us on the trails.

Program Service Accomplishments

Program 1
Expenses: $277,799 Revenue: $196,493

Sprockids is an instructional program designed to engage young people, ages 5 to 18, in mountain biking. Biking provides a positive focus for youth, develops self-esteem, provides kids with a strong...

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Sprockids is an instructional program designed to engage young people, ages 5 to 18, in mountain biking. Biking provides a positive focus for youth, develops self-esteem, provides kids with a strong sense of community, and introduces them to a healthy active lifestyle. The program teaches off-road skills through drills, games, and fun activities, while tracking individual progress. In FY24/25 the Organization had 70 events with 2700 participants.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $117,649
Program Service Revenue $196,493
Investment Income $1,942
Other Revenue $2,026
TOTAL REVENUE $318,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,772
Fundraising Expenses $4,025
Program Expenses $277,799
Other Expenses $238,016
TOTAL EXPENSES $289,788

Year-over-Year Comparison

2024 2023 Change
Revenue $318,110 $169,449 +0.9%
Expenses $289,788 $141,870 +1.0%
Net Income $28,322 $27,579 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
4
Employees
1
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$10,720
Total Directors
6
$10,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sean Bascom President 025.00
Officer Director
$10,720 $0 $10,720
Tamara Blum Treasurer 004.00
Officer Director
$0 $0 $0
Susie Murphy Board member 004.00
Director
$0 $0 $0
Jeff Monday Board member 004.00
Director
$0 $0 $0
Eric Gasser Board member 004.00
Director
$0 $0 $0
Ashley Bascom Secretary 004.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $318,110 $289,788 $137,230 $28,322
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