E Club Of Everett Inc
- Assets
- $158.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Everett, MA
- Founding
- 10/1976
- Data as of
- 12/2021
- EIN
- 04-2594899
Organization Overview
E Club Of Everett Inc is located in Everett, MA. The organization was established in 1976. 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. E Club Of Everett Inc 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, E Club Of Everett Inc generated $66.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $47.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 5 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 ORGANIZATION HOLDS 2 DINNERS ANNUALLY, AT WHICH IT PRESENTS SCHOLARSHIPS & TROPHY AWARDS TO EVERETT HIGH SCHOOL VARSITY STUDENT-ATHLETES. THE DINNERS FEATURE SPEAKERS WHO ARE/WERE PROMINANT PROFESSIONAL ATHLETES OR SPORTS JOURNALISTS IN THE BOSTON AREA. THESE DINNERS ALSO ACT AS A REUNION FOR EVERETT'S STUDENT-ATHLETE ALUMNI. THE ORGANIZATION PROVIDES ITS MEMBERS WITH NEWSLETTERS THROUGHOUT THE YEAR INFORMING THEM OF CURRENT EVERETT HIGH SCHOOL SPORTS INFORMATION AND ACHIEVMENTS OF FORMER EVERETT STUDENT-ATHLETES. THE ORGANIZATION AWARDED 10 SCHOLARSHIPS TO STUDENT-ATHLETES FROM EVERETT HIGH SCHOOL IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Armando Leo Director | 0.25 | $0 | |
Vincent Ragucci Jr Director | 5 | $0 | |
John Ragucci Director | 0.25 | $0 | |
James Agnetta Jr Director | 5 | $0 | |
Neil Medugno Director | 0.25 | $0 | |
Joshua Delgaizo Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,455 |
| Total Program Service Revenue | $10,542 |
| Membership dues | $8,391 |
| Investment income | $1,750 |
| Gain or Loss | $12,098 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,236 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $176 |
| Printing, publications, postage, and shipping | $8,538 |
| Other expenses | $20,528 |
| Total expenses | $47,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,103 |
| Other assets | $0 |
| Total assets | $158,103 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,103 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that E Club Of Everett Inc has recieved totaling $74,600.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $14,800 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $14,800 |
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|---|---|---|
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American Yacht Club Rye, NY | $14,373,671 | $10,489,305 |
Fenway Golf Club Inc Scarsdale, NY | $17,131,251 | $9,912,934 |
Patterson Club Inc Fairfield, CT | $29,144,334 | $11,504,536 |
Metropolis Country Club Inc White Plains, NY | $13,739,275 | $9,618,484 |
Shinnecock Hills Golf Club Southampton, NY | $5,355,089 | $8,322,152 |
Weston Golf Club Inc Weston, MA | $20,248,501 | $11,312,979 |
Atlantic Golf Club Inc Bridgehampton, NY | $37,422,671 | $9,357,231 |
River Club Of New York Inc New York, NY | $17,928,670 | $10,337,765 |
Ardsley Country Club Incorporated Ardsley On Hudson, NY | $21,720,202 | $9,402,636 |
Whippoorwill Club Inc Armonk, NY | $28,365,988 | $10,405,436 |
Bronxville Field Club Inc Bronxville, NY | $9,319,169 | $9,757,634 |