Brothers Of The Third Wheel
- Assets
- $11.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cortaro, AZ
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 20-0235297
Organization Overview
Brothers Of The Third Wheel is located in Cortaro, AZ. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brothers Of The Third Wheel 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, Brothers Of The Third Wheel generated $38.4k 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 (9.0%) each year. All expenses for the organization totaled $39.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) 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 ORGANIZATION SERVES MEMBERS ACROSS THE USA BY PUBLISHING A BI-MONTHLY PUBLICATION THAT INCLUDES TRIKE EVENTS, PARTS, MERCHANDISE AND A CLASSIFIED LISTING OF TRIKES FOR SALE AS WELL AS ANNUAL TRIKE EVENT WITH SEMINARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Lee Assist Exec Dir | 0 | $0 | |
Larry Lee Director | 0 | $0 | |
Alex Ross CEO | 40 | $0 | |
Jack Mertes Director | 0 | $0 | |
Cathy Schoubroeck Director | 0 | $0 | |
David Longstaff Intl Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,465 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,831 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $130 |
| Total Revenue | $38,365 |
| 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 | $4,988 |
| Occupancy, rent, utilities, and maintenance | $4,756 |
| Printing, publications, postage, and shipping | $18,431 |
| Other expenses | $11,233 |
| Total expenses | $39,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,555 |
| Other assets | $0 |
| Total assets | $11,424 |
| Total liabilities | $10,164 |
| Net assets or fund balances | $1,260 |
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