Kingswood Recreation Association
- Assets
- $228.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsburg, VA
- Founding
- 02/1971
- Data as of
- 12/2022
- EIN
- 54-0882156
Organization Overview
Kingswood Recreation Association is located in Williamsburg, VA. The organization was established in 1971. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Kingswood Recreation Association 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, Kingswood Recreation Association generated $103.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $97.4k during the year ending 12/2022. While expenses have increased by 1.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Watson Director | 3 | $0 | |
Jeff Skinner Vice President | 3 | $0 | |
Gina Waddell Secretary | 3 | $0 | |
Laura Broderick Director | 3 | $0 | |
Julie Brenegan Treasurer | 10 | $0 | |
Chris Harrison President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,747 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,897 |
| Professional fees and other payments to independent contractors | $3,088 |
| Occupancy, rent, utilities, and maintenance | $23,500 |
| Printing, publications, postage, and shipping | $742 |
| Other expenses | $29,163 |
| Total expenses | $97,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,202 |
| Other assets | $0 |
| Total assets | $228,298 |
| Total liabilities | $41,504 |
| Net assets or fund balances | $186,794 |