Summerfield Recreation Association Inc
- Assets
- $70.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summerfield, NC
- Founding
- 05/1976
- Data as of
- 12/2021
- EIN
- 23-7410797
Organization Overview
Summerfield Recreation Association Inc is located in Summerfield, NC. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Summerfield Recreation Association Inc 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, Summerfield Recreation Association Inc generated $198.0k 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 (3.2%) each year. All expenses for the organization totaled $233.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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
SUMMERFIELD RECREATION ASSOCIATION PROVIDED ORGANIZEDATHLETIC ACTIVITIES FOR OVER 1000 CHILDREN IN 8 DIFFERENT SPORTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Coon President | 10 | $0 | |
Jackie Herndon Secretary | 10 | $0 | |
John Sheridan VP Of Operations | 10 | $0 | |
Kristina Coon Treasurer | 10 | $0 | |
Jon Fulton VP Of Baseball | 10 | $0 | |
John Berlin VP Of Softball | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $166,000 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,751 |
| Other Revenue | $1,260 |
| Total Revenue | $198,024 |
| 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 | $1,355 |
| Occupancy, rent, utilities, and maintenance | $62,909 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $169,532 |
| Total expenses | $233,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,811 |
| Other assets | $0 |
| Total assets | $70,811 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,811 |
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