Franklin Manor Boat Club
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Churchton, MD
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 46-5007527
Organization Overview
Franklin Manor Boat Club is located in Churchton, MD. The organization was established in 2015. 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 Manor Boat Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Franklin Manor Boat Club generated $12.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $5.8k during the year ending 12/2022. While expenses have increased by 2.8% 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
THIS ORGANIZATION IS A NON PROFIT BOAT CLUB TO PROVIDE OUR COMMUNITY TO ACCESS TO THE CHESAPEAKE BAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Beaudwin President | 10 | $0 | |
Frank Johnston Vice President | 8 | $0 | |
Gery Brownholtz Treasurer | 6 | $0 | |
John Lee Dock Manager | 12 | $0 | |
Jay Peterson Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,119 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,130 |
| 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 |
| Occupancy, rent, utilities, and maintenance | $3,595 |
| Printing, publications, postage, and shipping | $2,161 |
| Other expenses | $0 |
| Total expenses | $5,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,958 |
| Other assets | $0 |
| Total assets | $34,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,958 |
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