Downtown Sausalito Business Improvement District Association

Nonprofit profile at a glance

EIN
332243510
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Sausalito, CA, USA
Phone
5109170384
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Urban, Community Economic Development

Reported finances

Revenue
$195,321
Expenses
$13,826
Assets
$181,495

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • KASS GREEN (PRESIDENT)

People named in this filing

  • KASS GREEN (PRESIDENT)
  • AMY SVENBERG (VICE PRESIDE)
  • FARID NAJIBI (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Enhancing property values and increasing business and tax revenues

What it reported doing in 2024

Public space enhancements: established hanging flower baskets throughout downtown sausalito. Objective is to improve the attractiveness of downtown sausalito and enrich visitor and resident experiences. Thousands of visitors and residents affected. Placed 20 sets of cafe tables and chairs in sausalito's new tracy way promenade, as well as in the refurbished area. Objective is to provide resting places downtown where visitors and residents can enjoy food and drink from restaurants. Hundreds of visitors and residents affected.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and the available information about grant readiness state registration leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.1%; rating input score 7
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 92.9%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 13.13; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 7.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 7/100.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.