PROTECTING OUR BEACHES SCHOOLS NEIGHBORHOODS AND PARKS

EIN: 863856579

SALT LAKE CITY, UT

Total Revenue
$524,714
Total Expenses
$518,996
Total Assets
$5,718
Net Assets
$5,718
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Principal Officer
KATRINA SCHMITT
Phone
3232853228
Tax Period
2021-01-01 to 2021-12-31

PROTECTING OUR BEACHES SCHOOLS NEIGHBORHOODS AND PARKS, founded in 2021, is a small nonprofit that reported $525K in total revenue in fiscal year 2021.

Mission

PROTECTING OUR BEACHES SCHOOLS NEIGHBORHOODS AND PARKS (POBSNAP) IS A 501 (C)(4) CALIFORNIA NONPROFIT ORGANIZATION DEDICATED TO PROMOTING SOCIAL WELFARE CAUSES, ADVOCATING FOR THE COMMON GOOD, AND WORKING TO IMPROVE THE QUALITY OF LIFE FOR COASTAL AND WESTSIDE LOS ANGELES RESIDENTS. THE ORGANIZATION'S MISSION IS CENTERED ON IMPROVING THE CLEANLINESS, SAFETY, AND ACCESSIBILITY OF OUR BEACHES AND PARKS, THE QUALITY OF OUR LOCAL SCHOOLS, AND THE VIBRANCY OF OUR LOCAL NEIGHBORHOODS WHICH ARE ESSENTIAL TO THE QUALITY OF LIFE AND WELLBEING OF COMMUNITY RESIDENTS AND VISITORS.

Program Service Accomplishments

Program 1
Expenses: $51,059

THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES IN FURTHERANCE OF ITS MISSION SINCE ITS FOUNDING IN THE LATE SPRING OF 2021 HAS BEEN TO COMPILE AND PUBLISH RELEVANT NEWS STORIES ON ITS WEBSITE...

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THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES IN FURTHERANCE OF ITS MISSION SINCE ITS FOUNDING IN THE LATE SPRING OF 2021 HAS BEEN TO COMPILE AND PUBLISH RELEVANT NEWS STORIES ON ITS WEBSITE (WWW.POBSNAP.ORG), INFORM AND MOBILIZE COMMUNITY RESIDENTS WHEN POTENTIAL LEGISLATION RELATING TO THE HOMELESSNESS CRISIS THAT WAS BEING CONSIDERED BY THE LOS ANGELES CITY COUNCIL, RECRUIT VOLUNTEERS, DEVELOP PARTNERSHIPS AND RELATIONSHIPS WITH OTHER LOCAL COMMUNITY GROUPS AND NEIGHBORHOOD COUNCILS, SOLICIT DONATIONS TO SUPPORT ITS EFFORTS, AND ENCOURAGE STRICTLY NON-PARTISAN VOTER REGISTRATION EFFORTS IN THE COMMUNITY.

Program 2
Expenses: $467,937

THE ORGANIZATION ALSO SPONSORED AN ISSUE COMMITTEE, ORGANIZED AS A SEPARATE SEGREGATED FUND OF POBSNAP, TO CIRCULATE PETITIONS AND COLLECT SIGNATURES TO PUT A BALLOT QUESTION BEFORE THE VOTERS OF LOS...

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THE ORGANIZATION ALSO SPONSORED AN ISSUE COMMITTEE, ORGANIZED AS A SEPARATE SEGREGATED FUND OF POBSNAP, TO CIRCULATE PETITIONS AND COLLECT SIGNATURES TO PUT A BALLOT QUESTION BEFORE THE VOTERS OF LOS ANGELES COUNCIL DISTRICT 11.

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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 (2021)

Revenue Breakdown

Contributions & Grants $524,714
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $524,714

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $518,996
Other Expenses $516,996
TOTAL EXPENSES $518,996

Year-over-Year Comparison

2021 2020 Change
Revenue $524,714 N/A N/A
Expenses $518,996 N/A N/A
Net Income $5,718 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MCCAULEY CPA, TREASUR N/A
Officer Director
$0 $0 $0
NICOLAS RUDERMAN VICE-PRESIDE 15.00
Officer Director
$0 $0 $0
KATRINA SCHMITT PRESIDENT 20.00
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
2021 $524,714 $518,996 $5,718 $5,718
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