Fleet Reserve Association Branch 261
- Assets
- $81.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lemoore, CA
- Founding
- 07/1972
- Data as of
- 04/2022
- EIN
- 23-7160111
Organization Overview
Fleet Reserve Association Branch 261 is located in Lemoore, CA. The organization was established in 1972. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fleet Reserve Association Branch 261 is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 04/2022, Fleet Reserve Association Branch 261 generated $36.8k 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 (7.1%) each year. All expenses for the organization totaled $33.1k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
YOUTH SCHOLARSHIPS & ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Craig President | 10 | $0 | |
Dennis Desjailais Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,792 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,999 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,791 |
| 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 | $2,028 |
| Occupancy, rent, utilities, and maintenance | $5,485 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,595 |
| Total expenses | $33,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,622 |
| Other assets | $0 |
| Total assets | $81,060 |
| Total liabilities | $19,093 |
| Net assets or fund balances | $61,967 |
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