Acbl District No 6 Inc
- Assets
- $362.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 01/2002
- Data as of
- 08/2022
- EIN
- 54-2051208
Organization Overview
Acbl District No 6 Inc is located in Silver Spring, MD. The organization was established in 2002. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Acbl District No 6 Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2022, Acbl District No 6 Inc generated $40.1k 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 (30.5%) each year. All expenses for the organization totaled $53.1k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (28.0%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
TO PROMOTE GOODWILL AND WELFARE IN THE COMMUNITY BY RUNNING BRIDGE EVENTS.
Describe the Organization's Program Activity:
Part 3
CONDUCT AND PROMOTE REGIONAL BRIDGE TOURNAMENTS FOR PARTICIPATION OF ALL MEMBERS OF THE BRIDGE COMMUNITY AND TO ENCOURAGE THE PLAY OF BRIDGE NATIONWIDE. DURING THE FISCAL YEAR WE CONDUCTED FOUR LARGE EVENTS AT VARYING LOCATIONS IN THE DISTRICT.
CONDUCT AND PROMOTE DISTRICT-WIDE SECTIONAL BRIDGE TOURNAMENTS.
CONDUCTING DISTRICT EVENTS FOR ALL DISTRICT MEMBERS, TO PROMOTE, ENCOURAGE, AND PROVIDE OPPORTUNITIES TO PLAY THE GAME OF BRIDGE. THIS INCLUDES GRAND NATIONAL TEAM AND NORTH AMERICAN OPEN PAIR EVENTS THAT ALLOW OUR MEMBERS TO QUALIFY AND PARTICIPATE IN NATIONAL EVENTS.
PUBLICATION EXPENSES OF 3,322 AND CHARITY GRANTS OF $605.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Fratkin President | 4 | $0 | |
Georgette Weiss Secretary | 2 | $0 | |
Douglas Grove Treasurer | 4 | $0 | |
Peter Haglich Vice President | 1 | $0 | |
David Rodney Past President | 1 | $0 | |
Hadi Abushakra Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,050 |
| Total Program Service Revenue | $31,883 |
| Membership dues | $0 |
| Investment income | $446 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,705 |
| Total Revenue | $40,084 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,767 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,236 |
| Total expenses | $53,128 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $362,182 |
| Other assets | $0 |
| Total assets | $362,182 |
| Total liabilities | $1,871 |
| Net assets or fund balances | $360,311 |
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