Brookneal Recreation Asso Inc is located in Brookneal, VA. The organization was established in 1958. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Brookneal Recreation Asso Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Brookneal Recreation Asso Inc generated $61.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $29.8k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 7 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 BROOKNEAL RECREATION ASSOCIATION DOES NOT HAVE ANY PROGRAM SERVICE ACCOMPLISHMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandy Wilson Vice President | 10 | $0 | |
Chris Brown President | 10 | $0 | |
Stacy Hines-Bentley Secretary | 10 | $0 | |
Samantha Hunter Treasurer | 20 | $0 | |
Randy Tingen Board Member | 5 | $0 | |
Casey Daniels Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $29,301 |
Investment income | $35,328 |
Gain or Loss | -$3,900 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $511 |
Total Revenue | $61,240 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,759 |
Professional fees and other payments to independent contractors | $5,384 |
Occupancy, rent, utilities, and maintenance | $4,021 |
Printing, publications, postage, and shipping | $62 |
Other expenses | $10,601 |
Total expenses | $29,827 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,459 |
Other assets | $0 |
Total assets | $173,859 |
Total liabilities | $0 |
Net assets or fund balances | $173,859 |
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