Friendly Park Inc

Organization Overview

Friendly Park Inc is located in Greensboro, NC. The organization was established in 1960. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Friendly Park Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendly Park Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 10/2023, Friendly Park Inc generated $399.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $321.8k during the year ending 10/2023. While expenses have increased by 6.6% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SWIM & TENNIS CLUB

Describe the Organization's Program Activity:

Part 3 - Line 4a

SWIM & TENNIS CLUB


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Board, Officers & Key Employees

Name (title)Compensation
Michael Driver
President
$0
David Beckham
Vice President
$0
Alice Herman
Secretary
$0
Mary Grace Miller
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$363,021
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$363,021
Total Program Service Revenue$0
Investment income $8
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $36,156
Miscellaneous Revenue$0
Total Revenue $399,185

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