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FRIENDS OF LAGUNA SECA

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Public IRS 990 nonprofit record

FRIENDS OF LAGUNA SECA

EIN 81-2822543

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $69.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

28.15%of revenue went to mission work69.3% of expenses · Program services
0.19%of revenue went to fundraising0.5% of expenses
$40.60spent for every $100 of revenueRevenue covered expenses this year.
12.26%of revenue went to management and office costs30.2% of expenses
$1.65in assets for every $1 spent this yearSome assets cannot be spent right away.
61.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $271,683 for JOHN NARIGI (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,366,704
Mission workProgram services$4,607,94128.15% of revenue69.3% of expenses
ManagementOffice and general costs$2,006,91412.26% of revenue30.2% of expenses
FundraisingAsking for donations$30,5270.19% of revenue0.5% of expenses
Revenue left after expensesReported annual surplus$9,721,32259.40% of revenueShown in gray on the chart
Total expenses$6,645,38240.60% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 69.3% mission · 30.2% management · 0.5% fundraisingTotal expenses: 40.60% of revenue
2018Expense mix: 90.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2017Expense mix: 90.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 631.95% of revenue

Money in and money out

Revenue$16,366,704
Expenses$6,645,382
Annual surplus $9,721,322 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,607,941 · 69.3% of expenses
Management and office costs$2,006,914 · 30.2% of expenses
Fundraising$30,527 · 0.5% of expenses
See all reported dollar amounts
Revenue$16,366,704
Expenses$6,645,382
Assets$10,969,174
Income$16,895,156
Contributions$10,040,748
Mission work (program services)$4,607,941
Fundraising$30,527
Management and general$2,006,914
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JOHN NARIGIGENERAL MANAGER · 40 hrs/week $271,683
KEVIN ALLENCFO · 40 hrs/week $207,623Base $191,720 · Other $15,903
LAURI EBERHARTCEO · 40 hrs/week $194,382
APRIL HENDERSONVP OF EVENTS · 40 hrs/week $160,346Base $152,299 · Other $8,047
BARRY TOEPKEVP COMMUNICATIONS · 40 hrs/week $146,441
JEANIE SUMNERSVP OF MARKETING · 40 hrs/week $131,566Base $117,381 · Other $14,185
GAYLE DAVIESVP OF BUSINESS ADMIN · 40 hrs/week $126,659Base $113,000 · Other $13,659

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

JOHN NARIGIGENERAL MANAGER

KEVIN ALLENCFO

LAURI EBERHARTCEO

APRIL HENDERSONVP OF EVENTS

BARRY TOEPKEVP COMMUNICATIONS

JEANIE SUMNERSVP OF MARKETING

GAYLE DAVIESVP OF BUSINESS ADMIN

BRUCE CANEPAVICE PRESIDENT

GORDON MCCALLDIRECTOR

JASON RETTERERSECRETARY/TREASURER

JONATHAN FEIBERDIRECTOR

NED SPIEKERDIRECTOR

ROSS MERRILLPRESIDENT

About this charity

Recognized since
January 2016
Location
18900 PORTOLA DRIVE, SALINAS, CA 93908-1268
County
Monterey
In care of
ROSS MERRILL
Primary officer
ROSS MERRILL, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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