Croquet Foundation Of America Inc
- Assets
- $6.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 16
- Location
- West Palm Beach, FL
- Founding
- 08/1980
- Data as of
- 12/2022
- EIN
- 13-3008386
Organization Overview
Croquet Foundation Of America Inc, operating under the name National Croquet Center, is located in West Palm Beach, FL. The organization was established in 1980. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, National Croquet Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Croquet Center 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 12/2022, National Croquet Center generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP THE AMATEUR SPORT OF CROQUET AND TO SERVE AS A RESOURCE TO THE COMMUNITY
Describe the Organization's Program Activity:
TO PROVIDE FACILITIES AND EQUIPMENT TO VARIOUS ORGANIZATIONS AND TO THE GENERAL PUBLIC TO PROMOTE THE SPORT OF CROQUET. OVER 22,000 INDIVIDUALS FROM AROUND THE COUNTRY AND THE LOCAL AREA TOOK ADVANTAGE OF THE FACILITES AND THE EQUIPMENT BY PARTICIPATING IN CLASSES AND ORGANIZED PLAY. APPROXIMATELY 55,000 ROUNDS OF CROQUET WERE PLAYED BY THESE INDIVIDUALS. AS WELL TO PROVIDE PROGRAMS OF EDUCATION THROUGH DEMONSTRATION AND CLINICS SO THAT PEOPLE OF ALL AGES HAVE THE OPPORTUNITY TO LEARN AND PLAY THE GAME CROQUET. TOURNAMENTS WERE PROVIDED FOR THE BENEFIT AND ENJOYMENT FOR PEOPLE OF ALL AGES TO FURTHER THE SPORT OF CROQUET. OVERALL, OVER 7,200 PEOPLE TOOK PART IN THE EDUCATIONAL PROGRAMS AND TOURNAMENTS. THE ORGANIZATION PROVIDES THE OPPORTUNITY FOR ALL PEOPLE TO PLAY CROQUET. OVER 1,300 ROUNDS OF CROQUET WERE ENJOYED BY ATHLETES FROM THE SPECIAL OLYMPICS-PALM BEACH COUNTY CROQUET CLUB, VETERANS FROM THE AMERICAN LEGION, VFW, THE VA HOSPITAL, BOYS AND GIRLS CLUBS, AND SENIORS CELEBRATING NATIONAL SENIOR HEALTH AND FITNESS DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W David Mccoy Chairman & C | OfficerTrustee | 30 | $0 |
Hal Denton President & | OfficerTrustee | 10 | $0 |
Michael Gibbons Exec Vice Pr | OfficerTrustee | 1 | $0 |
Trudy Crowetz Treasurer | OfficerTrustee | 2 | $0 |
Thomas Tribby Secretary | OfficerTrustee | 2 | $0 |
Ruth Summers Director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,991 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,199 |
| Total Program Service Revenue | $330,388 |
| Investment income | $3,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $453,577 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $245,872 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $94,235 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,370,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $494,735 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $37,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,250 |
| Fees for services: Accounting | $14,314 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,477 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $180,045 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,317 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $53,122 |
| All other expenses | $3,418 |
| Total functional expenses | $1,001,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,867 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,536 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $238,638 |
| Prepaid expenses and deferred charges | $76,264 |
| Net Land, buildings, and equipment | $4,920,806 |
| Investments—publicly traded securities | $139,894 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,950,005 |
| Accounts payable and accrued expenses | $63,169 |
| 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 | $204,288 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,036,334 |
| Total liabilities | $1,303,791 |
| Net assets without donor restrictions | $4,646,214 |
| Net assets with donor restrictions | $0 |
| 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 | $5,950,005 |