Colonial Challenge Cup Inc
- Assets
- $18.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 52-1942393
Organization Overview
Colonial Challenge Cup Inc is located in Annapolis, MD. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colonial Challenge Cup 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 12/2022, Colonial Challenge Cup Inc generated $10.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $6.1k during the year ending 12/2022. While expenses have increased by 16.0% per year over the past 8 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
THE MAIN FUND RAISING EVENTS ARE A SAILING RAGATTA AND FALL AND SPRING TRACK DAYS WHICH IS USED TO RAISE FUND TO DONATE TO THE ANNAPOLIS AND ANNE ARUNDEL COUNTY SCHOLARSHIP FUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chrispin Etherington President | 5 | $0 | |
Michael Harrison Director | 5 | $0 | |
Richard Wood Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,111 |
| Other Revenue | $0 |
| Total Revenue | $10,611 |
| 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 | $963 |
| Printing, publications, postage, and shipping | $786 |
| Other expenses | $4,349 |
| Total expenses | $6,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $900 |
| Other assets | $0 |
| Total assets | $18,701 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,701 |