Franklin Outing Club Inc is located in Franklin, IL. The organization was established in 1964. 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. Franklin Outing Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Franklin Outing Club Inc generated $21.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $25.0k during the year ending 06/2022. While expenses have increased by 4.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES QUALITY RECREATION TO FRATERNAL MEMBERSHIP AND LOCAL SCHOOL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Harrell Secretary Treasurer | 25 | $1,200 | |
Roger Adams President | 2 | $0 | |
James Stout IV Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $20,210 |
Investment income | $48 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,470 |
Total Revenue | $21,728 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $1,200 |
Professional fees and other payments to independent contractors | $2,575 |
Occupancy, rent, utilities, and maintenance | $19,544 |
Printing, publications, postage, and shipping | $1,711 |
Other expenses | $0 |
Total expenses | $25,030 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,650 |
Other assets | $0 |
Total assets | $90,760 |
Total liabilities | $0 |
Net assets or fund balances | $90,760 |
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