Falls Recreation Center Inc
- Assets
- $175.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Burnie, MD
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 52-1519576
Organization Overview
Falls Recreation Center Inc is located in Glen Burnie, MD. The organization was established in 1998. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Falls Recreation Center Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Falls Recreation Center Inc generated $93.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $101.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND MANAGEMENT OF CONDOMINIUM ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rise Molofsky President | 0 | $0 | |
Bella Vinitskaya Director | 0 | $0 | |
Alexandra Danielle Edelstein Treasurer | 0 | $0 | |
Jamie Hoffberger Secretary | 0 | $0 | |
Clark Burk Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $93,070 |
| Investment income | $844 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,914 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,310 |
| Total expenses | $101,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,867 |
| Other assets | $0 |
| Total assets | $175,743 |
| Total liabilities | $22,970 |
| Net assets or fund balances | $152,773 |