Five Fields Pool Inc
- Assets
- $50.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 07/1991
- Data as of
- 12/2023
- EIN
- 04-2209032
Organization Overview
Five Fields Pool Inc is located in Lexington, MA. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Five Fields Pool Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Five Fields Pool Inc generated $60.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $47.9k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
POOL OPEN AND OPERATIONAL FROM LATE MAY THROUGH MID SEPTEMBER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Berman President | 1 | $0 | |
David Simons Treasurer | 5 | $0 | |
Julie Medley Director | 1 | $0 | |
Kerri Frick Director | 1 | $0 | |
Joshua Apgar Director | 1 | $0 | |
Catalina Guillermety Secretary/clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,600 |
| Investment income | $787 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,387 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,297 |
| Occupancy, rent, utilities, and maintenance | $7,698 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,901 |
| Total expenses | $47,896 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,593 |
| Other assets | $0 |
| Total assets | $50,593 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,593 |