Ambler Olympic Club
- Assets
- $157.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ambler, PA
- Founding
- 02/1978
- Data as of
- 12/2021
- EIN
- 23-2680273
Organization Overview
Ambler Olympic Club is located in Ambler, PA. The organization was established in 1978. According to its NTEE Classification (N71) the organization is classified as: Olympics, 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. Ambler Olympic Club 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, Ambler Olympic Club generated $70.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $55.2k during the year ending 12/2021. While expenses have increased by 5.7% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
SEE SUPPORTING STATEMENT
SEE SUPPORTING STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Michael Wallace President | 15 | $0 | |
Larry Wilson Founder & Director | 10 | $0 | |
Holly Stagliano Treasurer | 15 | $0 | |
Scott Menin Director | 10 | $0 | |
Pam Thorpe Secretary | 10 | $0 | |
Sharin Harbeck Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,045 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,271 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,571 |
| Total Revenue | $70,902 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,217 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,983 |
| Total expenses | $55,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,262 |
| Other assets | $0 |
| Total assets | $157,262 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,262 |
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