Norwood Boys Club Of Oliver Springs is located in Oliver Springs, TN. The organization was established in 1976. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwood Boys Club Of Oliver Springs 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, Norwood Boys Club Of Oliver Springs generated $34.2k 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 (13.5%) each year. All expenses for the organization totaled $70.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rick Bailey Vice President | 2 | $0 | |
Marsha Woolum Director | 20 | $0 | |
Perry Brantley Board Member | 2 | $0 | |
Owen Long President | 2 | $0 | |
Aaron Wright Board Member | 2 | $0 | |
Rynda Hardwick Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,646 |
Total Program Service Revenue | $21,719 |
Membership dues | $2,187 |
Investment income | $59 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $789 |
Other Revenue | $0 |
Total Revenue | $34,237 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,960 |
Professional fees and other payments to independent contractors | $2,145 |
Occupancy, rent, utilities, and maintenance | $10,867 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,306 |
Total expenses | $70,278 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $84,624 |
Other assets | $0 |
Total assets | $84,624 |
Total liabilities | $0 |
Net assets or fund balances | $84,624 |
Over the last fiscal year, we have identified 1 grants that Norwood Boys Club Of Oliver Springs has recieved totaling $30,500.
Awarding Organization | Amount |
---|---|
United Way Of Anderson County Inc Oak Ridge, TN PURPOSE: PROG OPERATING COST | $30,500 |
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