Skip to main content

Nonprofit · EIN 23-7096812

PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA

Tax-exempt · WALNUT, CA 91788

Financials

$55K$54K2023$58K$58K2024$58K$60K2025
Revenue Expenses · by fiscal year end
Financials of PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$58,051$59,712-$1,661$59,800–$59,800
December 31, 2024990-EZ$58,075$58,157-$82$61,461–$61,461
December 31, 2023990-EZ$54,630$54,455$175$61,543–$61,543
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Membership dues
$57,951
Other revenue
$100

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$48,454
Professional fees and payments to contractors
$3,087
Other expenses
$8,171

Balance sheet and other

Total assets, start of year
$61,461
Total assets, end of year
$59,800
Total liabilities, end of year
–
Net assets, end of year
$59,800
Cash, savings and investments
$59,800
Gross receipts
$58,051

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BOB LANGANPresident2$0
DAN MURPHYVice President1$0
BOB HUBBARDTreasurer2$0
KAREN CAMPBELLSecretary20$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
PAUL KATZPresident2$0
BOB LANGAHVice President1$0
BOB HUBBARDTreasurer2$0
KAREN CAMPBELLSecretary20$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KAREN CAMPBELLSecretary20$45,621
PAUL KATZPresident2$0
BOB LANGAHVice President1$0
BOB HUBBARDTreasurer2$0

Address and contacts

Address (IRS master file)
PO BOX 1292, WALNUT, CA 91788-1292
In care of
% KAREN CAMPBELL
Signed the 990-EZ
BOB HUBBARD, Treasurer
Phone
(562) 438-6712
Return prepared by
ROBERT A HUFF CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7096812 or by the name PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE ORGANIZATION ESTABLISHES STANDARDS BY WHICH DIFFERENT CLASSES OF SAILBOATS ARE RATED IN ORDER TO ALLOW THEM TO COMPETE FAIRLY.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION CREATES STANDARDS BY WHICH SAILBOATS OF DIFFERENT CLASSES ARE RATED IN ORDER TO ALLOW THEM TO COMPETE FAIRLY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-7096812
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$59,800
Income (IRS master file)
$58,051

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$58,051$59,712$59,800XML
990-EZDecember 2024$58,075$58,157$61,461XML
990-EZDecember 2023$54,630$54,455$61,543XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7096812).

Questions about PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA

What is the EIN of PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA?
The employer identification number (EIN) of PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA is 23-7096812.
Is PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1986.
Are donations to PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does PERFORMANCE HANDICAP RACING FLEET OF SOUTHERN CALIFORNIA have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $58,051, expenses of $59,712 and total assets of $59,800 at year end.

Other nonprofits in WALNUT

All nonprofits in WALNUT · California