French American Victory Club Inc
- Assets
- $333.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 04-2064408
Organization Overview
French American Victory Club Inc is located in Waltham, MA. The organization was established in 1994. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French American Victory Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, French American Victory Club Inc generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $68.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDES SOCIALIZING RECREATIONAL EVENTS OVER 250 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Leblanc President | 1 | $0 | |
Darlene Rogers Secretary | 1 | $0 | |
Dan Dressler Guard | 1 | $0 | |
Brian Leblanc Director | 1 | $0 | |
Rich Canney Director | 1 | $0 | |
Robert Delaney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,450 |
| Investment income | $3,510 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,677 |
| Other Revenue | $30,032 |
| Total Revenue | $73,800 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,824 |
| Professional fees and other payments to independent contractors | $1,796 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,198 |
| Total expenses | $68,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,499 |
| Other assets | $0 |
| Total assets | $333,561 |
| Total liabilities | $182,823 |
| Net assets or fund balances | $150,738 |
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