Four Seasons Of Herndon Recreation
- Assets
- $972.0k
- Revenue
- $408.6k
- Investments
- $0.0
- Employees
- 31
- Location
- Herndon, VA
- Founding
- 04/1977
- Data as of
- 09/2023
- EIN
- 23-7298809
Organization Overview
Four Seasons Of Herndon Recreation is located in Herndon, VA. The organization was established in 1977. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Four Seasons Of Herndon Recreation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Four Seasons Of Herndon Recreation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Four Seasons Of Herndon Recreation generated $408.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $433.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MANAGEMENT OF RECREATION FACILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMMING POOL AND CLUBHOUSE - THE ASSOCIATION OPERATES AN OLYMPIC SIZE POOL AND A WADING POOL AND MAINTAINS A CLUBHOUSE, A TENNIS COURT, PLAYING FIELDS AND OTHER RELATED FACILITIES FOR ITS 683 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Burd President | Trustee | 1 | $0 |
Walter Shorter Vice-President | Trustee | 1 | $0 |
Jeffrey T Hoverson Treasurer | Trustee | 1 | $0 |
Christian Calilung Secretary | Trustee | 1 | $0 |
Nadim Bandarkar Director | Trustee | 1 | $0 |
Rochelle Day Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $405,549 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $405,549 |
| Total Program Service Revenue | $0 |
| Investment income | $3,031 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $166,942 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,420 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,084 |
| Fees for services: Accounting | $14,085 |
| 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 | $7,339 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,895 |
| Insurance | $25,879 |
| All other expenses | $40,433 |
| Total functional expenses | $433,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,288 |
| Savings and temporary cash investments | $552,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,529 |
| Net Land, buildings, and equipment | $313,980 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $971,956 |
| Accounts payable and accrued expenses | $1,460 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $84,982 |
| Total liabilities | $86,442 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $619,738 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $265,776 |
| Total liabilities and net assets/fund balances | $971,956 |