Tar Heel Sports Club Inc
- Assets
- $64.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Apex, NC
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 56-1426385
Organization Overview
Tar Heel Sports Club Inc is located in Apex, NC. The organization was established in 2006. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Tar Heel Sports Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Tar Heel Sports Club Inc generated $140.6k 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 (3.1%) each year. All expenses for the organization totaled $131.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brice Johnson President | 0.5 | $0 | |
Roger Mcdaniels VP - Rally C | 0.5 | $0 | |
Mary Johnson Treasurer | 1.5 | $0 | |
Denise Craig Secretary | 0.5 | $0 | |
Derek Delong VP - Hpde/tr | 0.5 | $0 | |
Charlie Guthrie VP - Rally C | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,730 |
| Membership dues | $8,673 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,232 |
| Total Revenue | $140,635 |
| 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 | $2,295 |
| Occupancy, rent, utilities, and maintenance | $100,982 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,907 |
| Total expenses | $131,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,216 |
| Other assets | $0 |
| Total assets | $64,286 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,286 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Landings Club Inc Savannah, GA | $76,235,389 | $43,044,375 |
Myers Park Country Club Inc Charlotte, NC | $50,316,696 | $16,086,490 |
Bellehaven Country Club Inc Alexandria, VA | $40,402,944 | $17,085,559 |
North Ridge Country Club Inc Raleigh, NC | $21,783,792 | $13,220,578 |
George Walton Academy Inc Monroe, GA | $18,498,422 | $12,032,755 |
Willow Oaks Country Club Inc Richmond, VA | $15,889,652 | $10,037,529 |
Forest Lake Club Columbia, SC | $17,782,694 | $10,657,455 |
Memphis Country Club Memphis, TN | $17,898,426 | $9,558,758 |
Eagle Point Golf Club Inc Wilmington, NC | $18,431,345 | $8,325,446 |
Dataw Island Club Inc Beaufort, SC | $27,067,751 | $8,525,272 |
Wade Hampton Golf Club Inc Cashiers, NC | $23,418,026 | $9,280,278 |
Kinloch Golf Association Corp ManakinSabot, VA | $45,313,161 | $8,251,750 |