2024-04-23T18:30:02Z 2023-12-31 990EZ 2023-01-01 471367164 CENTRAL COAST DRAGON BOAT ASSOCIATION CENT 8057092683 PO BOX 785 MORRO BAY CA 93443 Beth Asmus Treasurer 8057092683 2024-04-23 Beth Asmus true 2023 2023-04-26 12:10:37Z X X CCDBA.ORG X X 69941 X 55422 0 13467 1052 0 0 0 0 0 0 0 0 0 0 0 69941 0 0 0 2035 3320 1470 50686 57511 12430 148182 5884 166496 X 125976 141269 0 0 22206 25227 148182 166496 0 0 148182 166496 X THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS CHARITABLE EDUCATIONAL AND TO FOSTER NATIONAL AND INTERNATIONAL COMPETITION IN THE SPORT OF DRAGON BOATING DRAGON BOAT PADDLER PRACTICES AND TEAM SUPPORT OFFERED 7 PRACTICES PER WEEK 245 PEOPLE PARTICIPATED 10155 PARTICIPATED IN 5 NATIONAL RACES AND 1 INTERNATIONAL RACE EVENT WITH TEAM SUPPORT 82 PEOPLE PARTICIPATED 31127 OFFERED ONE DRAGON BOAT PADDLING CLINIC EDUCATIONAL AND ON-WATER TRAINING 31 PEOPLE PARTICIPATED 3414 44696 SANDY MITCHELL PRESIDENT 20.00 0 0 0 MIKI GILLMAN VICE PRESIDENT 10.00 0 0 0 MISSY BULLARO SECRETARY 10.00 0 0 0 BETSY ASMUS TREASURER 20.00 0 0 0 MARTHA SPARTA DIRECTOR 10.00 0 0 0 BROOKE LANGLE DIRECTOR 10.00 0 0 0 false true false false false 0 false 0 0 0 0 0 false 0 0 false CA BETSY ASMUS 720 CABRILLO PL MORRO BAY CA 93442 8057092683 false false false false false false false false false false false NONE NONE true X 0 0 30613 36353 38916 115808 69941 291631 30613 36353 38916 115808 69941 291631 291631 30613 36353 38916 115808 69941 291631 1 1 0 0 X Schedule O: PART I, LINE 16 - OTHER EXPENSES TOTAL $50,686: OPERATING EXPENSES $10,595; MISSION RELATED EXPENSE $34,541; DEPRECIATION EXPENSE (BOATS) $5,550. DETAILED OPERATING EXPENSE TOTAL $10,595 $980 DUES/MEMBERSHIPS $2,802 INSURANCE $1,233 NEW EQUIPMENT $647 OFFICE SUPPLIES $194 PO BOX RENTAL $686 PROFESSIONAL FEES $431 REPAIR/MAINTENANCE $2,267 SOFTWARE SUBSCRIPTIONS $102 TEAM GEAR $718 BANK FEES $322 OTHER BUSINESS EXPENSE $213 SUNSHINE/SOCIAL EVENTS. DETAILED MISSION RELATED EXPENSE TOTAL $34,541: $3,414 CLINICS; $31,127 RACES. DETAILED DEPRECIATION EXPENSE TOTAL $5,550. PART I, LINE 20 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES TOTAL $5,884. COST BASIS OF BOAT PURCHASED PRIOR TO 2022- $6,500. COST BASIS OF STEERING OARS PURCHASED IN 2022- $712 . TO RECONCILE TO 2022 TAX RETURN <$1,328>. (REFER TO ATTACHED SPREADSHEET CCDBA FIXED ASSETS & DEPRECIATION SCHEDULE - BOATS.) PART II, LINE 24B - OTHER ASSETS $25,227. TOTAL ALL FIXED ASSETS $42,827; MINUS PRIOR YEAR DEPRECIATION <$6,500>; MINUS YEAR 1 (2022) DEPRECIATION <$5,550>; MINUS YEAR 2 (2023) DEPRECIATION <$5,550>. (REFER TO ATTACHED SPREADSHEET CCDBA FIXED ASSETS & DEPRECIATION SCHEDULE - BOATS.) PART III - WHAT IS THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE? THE BOARD APPROVED AND FILED AMENDED ARTICLES OF INCORPORATION TO ADD A THIRD TAX EXEMPT PURPOSE: FOSTERING NATIONAL AND INTERNATIONAL COMPETITION. THE AMENDED ARTICLES OF INCORPORATION WERE FILED WITH THE SECRETARY OF STATE (CALIFORNIA) ON OCTOBER 5, 2023. THE BOARD UPDATED THE MISSION STATEMENT LANGUAGE TO REFLECT THE ADDITIONAL TAX EXEMPT PURPOSE, AND UPDATED THE BYLAWS TO INCLUDE THE NEW MISSION STATEMENT. THE TAX EXEMPT PURPOSES OF THE ORGANIZATION ARE NOW: CHARITABLE; EDUCATIONAL; AND TO FOSTER NATIONAL AND INTERNATIONAL COMPETITION IN THE SPORT OF DRAGON BOATING. ALL STAKEHOLDERS AND DONORS WERE NOTIFIED VIA WEBSITE, EMAIL AND/OR A MAILED NEWSLETTER. THERE WAS NO SIGNIFICANT CHANGE TO OPERATIONS.