# Cortez Racing Association a California Corporation

Amateur sports competitions nonprofit in San Diego, California 92106. EIN 01-0778616. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/010778616-cortez-racing-association-a-california-corporation

## Mission (the organization's own words)

> Promote corinthian sailboat racing and broaden participation.

Source: Form 990-EZ, year ending Dec 2025: https://projects.propublica.org/nonprofits/organizations/010778616/202621599349201132/full

## IRS facts

- Type: Amateur sports competitions (IRS activity code N70)
- Tax status: 501(c)(3), contributions deductible, recognized 2003
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2025 | $68,775 | $77,917 | $118,460 | $118,460 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/010778616/202621599349201132/full) |
| Dec 2024 | $108,095 | $111,174 | $127,602 | $127,602 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/010778616/202532799349201213/full) |
| Dec 2023 | $78,757 | $91,183 | $130,681 | $130,681 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/010778616/202441299349202329/full) |

Revenue sources, year ending Dec 2025: gifts and grants $13,025, program fees $28,072, investment income $9.

Growth label: **Steady** (about -7% a year, Dec 2023 to Dec 2025). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 74 of 249 amateur sports nonprofits in San Diego.
- Revenue $68,775 is higher than roughly 20 to 30% of 2,432 amateur sports nonprofits in California; median $143,571.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- San Diego County, California: about 671,593 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 1,271 youth and community nonprofits in this directory in the county: 1.9 per 1,000 children.
- Licensed programs in San Diego: 342 licensed child care centers, 49 school-age programs: https://backpr.com/find/california/san-diego
- California rules: https://backpr.com/resources/states/california

## Questions

**What is Cortez Racing Association a California Corporation's EIN?**

Cortez Racing Association a California Corporation's EIN (Employer Identification Number) is 01-0778616. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Cortez Racing Association a California Corporation a nonprofit?**

Yes. The IRS lists Cortez Racing Association a California Corporation in San Diego, California as tax-exempt under section 501(c)(3), recognized since 2003. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Cortez Racing Association a California Corporation tax-deductible?**

Yes, the IRS lists gifts to Cortez Racing Association a California Corporation as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Cortez Racing Association a California Corporation do?**

In its own words on its Form 990 for the year ending Dec 2025: "Promote corinthian sailboat racing and broaden participation." The IRS classifies it as: Amateur sports competitions.

**How much money does Cortez Racing Association a California Corporation take in?**

For the year ending Dec 2025, Cortez Racing Association a California Corporation reported total revenue of $68,775 and total expenses of $77,917 on its Form 990-EZ (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.