New London Outing Club
- Assets
- $708.8k
- Revenue
- $236.4k
- Investments
- $0.0
- Employees
- 16
- Location
- New London, NH
- Founding
- 05/1968
- Data as of
- 12/2021
- EIN
- 02-6012537
Organization Overview
New London Outing Club is located in New London, NH. The organization was established in 1968. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, New London Outing Club employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New London Outing Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New London Outing Club generated $236.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $134.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YOUTH AND ADULT SPORTS AND RECREATION PROGRAMS FOR THE NEW LONDON, NH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND ADULT SPORTS AND RECREATION PROGRAMS FOR THE NEW LONDON, NH AREA COMMUNITY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,350 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,615 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,965 |
| Total Program Service Revenue | $64,786 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,945 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $635 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,369 |
| Office expenses | $658 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,754 |
| All other expenses | $57,512 |
| Total functional expenses | $134,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,251 |
| Savings and temporary cash investments | $32,196 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $470,386 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $708,833 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132 |
| Total liabilities | $132 |
| Net assets without donor restrictions | $206,122 |
| Net assets with donor restrictions | $502,579 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $708,833 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New London Outing Club has recieved totaling $8,018.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For a designated distribution | $7,978 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderhostel Inc Boston, MA | $135,068,845 | $25,807,817 |
Nantucket Golf Club Inc Siasconset, MA | $41,080,926 | $8,761,983 |
Great Harbor Yacht Club Inc Nantucket, MA | $67,641,341 | $7,821,481 |
Golf Club Of Marthas Vineyard Inc Edgartown, MA | $54,618,022 | $7,664,048 |
Oakley Country Club Watertown, MA | $19,643,392 | $9,027,669 |
University Club Of Boston Boston, MA | $34,166,489 | $7,340,957 |
Ekwanok Country Club Manchester, VT | $8,586,281 | $4,806,636 |
Womens Tennis Benefit Association Inc North Reading, MA | $145,348,464 | $3,190,187 |
Abenaqui Country Club Inc Rye Beach, NH | $11,569,362 | $5,766,433 |
Dorset Field Club Inc Dorset, VT | $7,951,014 | $4,678,359 |
Boston Yacht Club Marblehead, MA | $4,161,288 | $3,242,838 |
Concord Country Club Inc Concord, NH | $6,058,459 | $2,790,270 |