THE BELVEDERE COVE FOUNDATION

EIN: 680010945 501(c)(3)

SAN RAFAEL, CA

Total Revenue
$288,939
Total Expenses
$212,481
Total Assets
$1,955,805
Net Assets
$1,908,258
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CA
Principal Officer
DAVID WALKER
Phone
4154511703
Tax Period
2024-01-01 to 2024-12-31

THE BELVEDERE COVE FOUNDATION, founded in 1984, is a small nonprofit that reported $289K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $76K, a strong 26% operating margin.

Mission

PROMOTE YOUTH SAILING

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $128,060
Program Service Revenue $0
Investment Income $88,953
Other Revenue $71,926
TOTAL REVENUE $288,939

Expense Breakdown

Grants Paid $156,616
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $184,997
Other Expenses $55,865
TOTAL EXPENSES $212,481

Year-over-Year Comparison

2024 2023 Change
Revenue $288,939 $483,789 -0.4%
Expenses $212,481 $180,505 +0.2%
Net Income $76,458 $303,284 -0.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
35

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
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID S WALKER PRESIDENT 6.00
Officer Director
$0 $0 $0
MARK MAYMAR DIRECTOR 0.50
Officer Director
$0 $0 $0
THOMAS LACEY DIRECTOR 0.50
Officer Director
$0 $0 $0
KYLE ELLIOTT SECRETARY 1.00
Director
$0 $0 $0
CRAIG HEALY DIRECTOR 0.50
Director
$0 $0 $0
GLENN ISAACSON DIRECTOR 0.50
Director
$0 $0 $0
JAMES O ELLIS DIRECTOR 0.50
Director
$0 $0 $0
DANNY SHEA DIRECTOR 1.00
Director
$0 $0 $0
GRANT BALDWIN DIRECTOR 0.50
Director
$0 $0 $0
LUCY CARRICO TREASURER 1.50
Director
$0 $0 $0
ADAM ROBERTS DIRECTOR 0.50
Director
$0 $0 $0
PATTY YOUNG DIRECTOR AND GRANT CHAIR 2.50
Director
$0 $0 $0
LUCY WILMONT DIRECTOR AND SCHOLARSHIPS 0.50
Director
$0 $0 $0
DON JESBERG DIRECTOR 0.50
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
2024 $288,939 $212,481 $1,955,805 $76,458
2023 $483,789 $180,505 $1,820,408 $303,284
2022 $384,032 $261,642 $1,397,617 $122,390
2021 $419,926 $289,369 $1,413,828 $130,557
2020 $284,460 $155,720 $1,317,955 $128,740
2020 $284,460 $155,720 $1,317,955 $128,740
2019 $218,606 $164,061 $1,112,863 $54,545
2018 $256,448 $167,164 $971,058 $89,284
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE BELVEDERE COVE FOUNDATION with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.