Public Charity

FRIENDS OF LAGUNA SECA

Based in SALINAS, CA, FRIENDS OF LAGUNA SECA operates as a Public Charity. The organization reported $16.4M in revenue, $6.6M in expenses, $11.0M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $3.3M.

EIN: 812822543 SALINAS, CA Latest filing: 2024
Total Revenue$16.4M
Total Expenses$6.6M
Total Assets$11.0M
Grant Records11
Funding Total$3.3M
Filing Years2017–2024

Mission

RESTORE AND REVITALIZE THIS ICONIC RACING AND RECREATION ASSET TO CREATE THE NEXT GREAT WORLD ATTRACTION TO STAND ALONGSIDE OTHER AREA ECONOMIC DRIVERS INCLUDING: CANNERY ROW, THE MONTEREY BAY AQUARIUM, PEBBLE BEACH, AND CARMEL BY THE SEA. PRESERVE THE HISTORIC RACING LEGACY, AND CREATE A PATH TO SUCCESS, ENSURING THAT LAGUNA SECA REMAINS A VITAL ENGINE TO THE LOCAL ECONOMY AND OUR VOLUNTEER-DRIVEN ORGANIZATIONS.

Where $100 goes at Friends of Laguna Seca

How Friends of Laguna Seca divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$70 Programs the work itself
$30 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $70 for programs

$70
Seamlessly transition operations to fls and immediately begin the process of enhancing and improving services to visitors of lsra, in an abiding sense of duty to the community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP OF EVENTS April Henderson
VP COMMUNICATIONS Barry Toepke
VICE PRESIDENT Bruce Canepa
VP OF BUSINESS ADMIN Gayle Davies
DIRECTOR Gordon Mccall
SECRETARY/TREASURER Jason Retterer

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,298,004 7 grants
Youth Development
$500,000 1 grant
Human & Social Services
$5,000 1 grant
Unspecified
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $16.4M $6.6M $11.0M
2018 $200 $200 $100
2017 $37K $237K $100

Between 2017 and 2024, reported annual revenue grew from $37K to $16.4M (+43586%), with total assets most recently reported at $11.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FRIENDS OF LAGUNA SECA

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