Kit-Nip Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-2993288
Organization Overview
Kit-Nip Inc is located in Stuart, FL. The organization was established in 2014. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, 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. Kit-Nip 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, Kit-Nip Inc generated $68.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $75.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 4 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
THE TREASURE COAST BONITO BLAST (TCBB) IS THE LARGEST ONE DAY FISHING TOURNAMENT ON THE TREASURE COAST. PROCEEDS BENEFIT THE WOUNDED VERTERANS RELIEF FUND (WVRF), WHICH PROVIDES ASSISTANCE TO MANY VETERANS WITHIN THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Bushby Director | 0 | $0 | |
Mark Neild Officer | 0 | $0 | |
Cindy Venuto Director | 0 | $0 | |
Jeff Lane Director | 0 | $0 | |
Steve Altenhoff Director | 0 | $0 | |
Bruce Swabb Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,620 |
| Total Program Service Revenue | $19,490 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,110 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,476 |
| Total expenses | $75,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kit-Nip Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anglers Club Members Association Inc & Subsidiary Key Largo, FL | $25,024,668 | $5,160,879 |
River Ranch Property Owners Association Inc Lake Wales, FL | $1,888,109 | $1,700,311 |
Sarasota Trap Skeet & Sporting Clays Inc Nokomis, FL | $1,966,456 | $1,664,553 |
River Bend Gun Club Inc Marble Hill, GA | $2,570,231 | $1,029,799 |
Hunting Retriever Club Inc Ocklawaha, FL | $573,533 | $807,346 |
Jacksonville Skeet And Trap Club Inc Jacksonville, FL | $1,938,947 | $964,023 |
Islamorada Fishing Club Inc Islamorada, FL | $1,157,209 | $976,251 |
Greater Jacksonville Fishing Tournament Inc Jacksonville, FL | $154,301 | $673,316 |
Elbert County Gun Club Inc Elberton, GA | $1,092,588 | $764,249 |
Palm Beach County Fishing Foundation Inc West Palm Beach, FL | $1,949,170 | $894,839 |
Homosassa Fishing Club Atlanta, GA | $2,969,191 | $559,714 |
Gulf Hammock Hunting Club Inc Bronson, FL | $237,805 | $523,430 |