Club 420 Association Inc
- Assets
- $136.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Kingstown, RI
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 26-3379341
Organization Overview
Club 420 Association Inc is located in North Kingstown, RI. The organization was established in 2011. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Club 420 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, Club 420 Association Inc generated $58.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) 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
TO RUN AND ADMINISTER SANCTIONED CLUB 420 REGATTAS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Morgan President | 0 | $0 | |
Kyle Assad Vice-Preside | 0 | $0 | |
Tim Cornell Treasurer | 0 | $0 | |
Chris Hemans Secretary / | 0 | $0 | |
Dillon Paiva Executive Di | 0 | $0 | |
Ernest Kovacs Region 2 Dir | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,944 |
| Total Program Service Revenue | $17,123 |
| Membership dues | $23,850 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,929 |
| 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 | $33,458 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $18,533 |
| Total expenses | $52,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,349 |
| Other assets | $0 |
| Total assets | $136,349 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,349 |
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|---|---|---|
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Connecticut Sports Management Group Inc Middletown, CT | $277,268 | $757,611 |
New England Amateur Skating Foundation Inc Providence, RI | $687,588 | $557,183 |
The Riverside Boat Club Of Cambridge Cambridge, MA | $2,915,123 | $606,845 |
Usa Swimming Inc Needham, MA | $805,553 | $473,292 |
Conanicut Island Sailing Foundation Jamestown, RI | $844,203 | $552,063 |
New England Womens And Men Athletic Conference Westwood, MA | $368,185 | $471,107 |
Amateur Athletic Union Of The United States Inc Hamilton, MA | $48,586 | $343,906 |
Massachusetts State Track Coaches Association Incorporated Canton, MA | $252,131 | $215,638 |
Run To Remember 1st Responders Inc Boston, MA | $189,053 | $421,360 |