Falls Recreation Center Inc
- Assets
- $227.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Burnie, MD
- Founding
- 08/1998
- Data as of
- 12/2021
- 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 12/2021, Falls Recreation Center Inc generated $62.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2021. 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
MAINTENANCE AND MANAGEMENT OF CONDOMINIUM ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Yablochnikov Secretary | 0 | $0 | |
Bradley Detty Vice President | 0 | $0 | |
Leonid Fishilevich Director | 0 | $0 | |
Alen Dalton President | 0 | $0 | |
Igor Davidson Director | 0 | $0 | |
Bella Vinitskaya Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,672 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,717 |
| 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 | $78,199 |
| Total expenses | $78,199 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,776 |
| Other assets | $0 |
| Total assets | $227,675 |
| Total liabilities | $39,153 |
| Net assets or fund balances | $188,522 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Richmond Aquatics Partnership Richmond, VA | $12,359,934 | $3,767,047 |
Oglebay Foundation Inc Wheeling, WV | $18,691,463 | $4,251,520 |
Family Ymca Of Emporia Greensville Emporia, VA | $970,597 | $1,833,088 |
Lutherville Timonium Recreation Council Lutherville, MD | $1,324,044 | $1,628,761 |
Fallston Recreation Council Inc Fallston, MD | $701,766 | $1,367,990 |
Pennsylvania Recreation And Park Society State College, PA | $2,424,947 | $1,608,707 |
Reading Recreation Commission Reading, PA | $1,028,310 | $1,418,175 |
S N P J Recreation Center Enon Valley, PA | $64,579 | $925,919 |
Central Bucks Athletic Association Inc Buckingham, PA | $2,129,642 | $1,021,855 |
Forest Hill Recreation Council Inc Forest Hill, MD | $466,565 | $824,911 |
Towson Recreation Council Baltimore, MD | $760,144 | $1,036,855 |
Catonsville Recreation And Parks Council Catonsville, MD | $742,760 | $738,182 |