SURF CLUB FOUNDATION INC

EIN: 871405915 501(c)(3) Public Safety

SURFSIDE, FL

Total Revenue
N/A
Total Expenses
$25,000
Total Assets
$252,164
Net Assets
$252,164
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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
BIPPY SIEGAL
Phone
3126360536
Tax Period
2024-01-01 to 2024-12-31

Mission

THE FOUNDATION'S MISSION IS TO ASSIST INDIVIDUALS AND THEIR FAMILIES IN COASTAL SOUTH FLORIDA, WHO ARE KILLED, INJURED, DISPLACED, OR OTHERWISE IMPACTED BY TRAGEDIES RELATED TO EXTREME WEATHER EVENTS, DAMAGE TO INFRASTRUCTURE, OR OTHER UNFORESEEN HUMAN, ECONOMIC, OR CLIMATE INCIDENTS.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,000
Other Expenses $0
TOTAL EXPENSES $25,000

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $25,000 $100,000 -0.8%
Net Income N/A $-100,000 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
4
Independent Members
4
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NADIM ASHI DIRECTOR / P N/A
Officer Director
$0 $0 $0
JAC NASSER DIRECTOR N/A
Director
$0 $0 $0
STEPHEN SCHOTT DIRECTOR N/A
Director
$0 $0 $0
BIPPY SIEGAL DIRECTOR / V N/A
Officer Director
$0 $0 $0
MICHAEL EMONT OFFICER N/A
Officer
$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 No data $25,000 $252,164 No data
2023 No data $100,000 $277,164 No data
2021 $812,580 $425,000 $387,580 $387,580
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