Poseiden Foundation Inc
Nonprofit profile at a glance
- EIN
- 208003011
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Vista, CA, USA
- Phone
- 7606727506
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $105,744
- Expenses
- $112,390
- Assets
- $20,264
- Liabilities
- $26,491
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Micaela Ramirez (President)
People named in this filing
- Micaela Ramirez (President)
- Tammy Williams (Sec'y/Treasurer)
- Jen O'Brien (Vice Chair)
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
The Poseiden Foundation is a 501(c) 3 Nonprofit inspiring youth to pursue their passions and accomplish their dreams, through Empowerment, Love, and Support. We team up with our community, professional athletes, and city officials to create life-changing experiences for youth using the platform of skateboarding.
What it reported doing in 2024
Skateboarding Hall of Fame (June 20th September 24th) How many people helped: 15 What they did: Volunteers played a vital role in curating a welcoming and dynamic environment by assisting with event organization, greeting and guiding attendees, capturing key moments through media and photography, and supporting engaging workshops. How many participants: Over 500 attendees How participants were helped: Attendees were immersed in the rich history and evolving culture of skateboarding through interactive exhibits and educational sessions. They participated in hands-on skateboarding experiences and empowering workshops designed to inspire creativity, resilience, and a sense of community. Skateboarding Hall of Fame Argentina (November 1st 28th) How many people helped: 10 What they did: Volunteers ensured the success of the international event by coordinating logistics, welcoming participants, capturing event highlights, and offering translation services to bridge language gaps and foster inclusion. How many participants: Over 300 attendees How participants were helped: Participants gained meaningful exposure to the legacy and global impact of skateboarding. Newcomers were introduced to the sport in an inclusive and supportive setting, while educational workshops deepened understanding of skate culture and its values. Whats Your Superpower?! (June 20th November 1st) How many people helped: 12 What they did: Volunteers led transformative programming by organizing workshops, registering and supporting attendees, facilitating empowering group discussions, and documenting the journey through media. How many participants: Over 400 youth participated How participants were helped: Youth were engaged in a series of creative and confidence-building workshops focused on self-expression, leadership, and mental well-being. Through skateboarding and arts-based activities, participants explored their unique identities and discovered their personal "superpowers." Princemas (December 15th 24th) How many people helped: 20 What they did: Volunteers spread joy during the holiday season by planning festive events, distributing gifts and gear, providing inclusive skateboarding instruction, and capturing the celebration on media platforms. How many participants: Over 600 youth participated How participants were helped: The holiday spirit was brought to life through community-centered events that offered youth new skateboarding gear, skill-building sessions, and joyful moments of connection and celebration during a meaningful time of year. Skate Safari (May 1st 31st) How many people helped: 18 What they did: Volunteers helped create adventurous and educational experiences by handling participant check-ins, leading skateboarding clinics, documenting events, and guiding outdoor exploration activities. How many participants: Over 300 youth participated How participants were helped: Participants enjoyed a unique blend of nature and skateboarding through outdoor adventures and skill-building workshops. Safety, creativity, and community were central themes, and many under-resourced youth received skate gear donations to support their continued growth in the sport.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.7%; rating input score 85
- Program expense ratio: 79.7%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.3%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 1.31; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 45.7% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 20.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 22.7% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 84.7% of revenue deployed · 79.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $90K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.