Good Fellows Club Inc
- Assets
- $2.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 05/1938
- Data as of
- 12/2021
- EIN
- 56-6047625
Organization Overview
Good Fellows Club Inc is located in Charlotte, NC. The organization was established in 1938. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Good Fellows Club Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Fellows Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Good Fellows Club Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 15.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO FAMILIES IN CHARLOTTE, NC AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOOD FELLOWS CLUB PROVIDED FINANCIAL ASSISTANCE, FOOD, SHELTER, UTILITIES, AND MEDICINE TO INDIVIDUALS AND FAMILIES IN NEED AMOUNTING TO $1,438,098 FOR MORE THAN 3,000 WORKING FAMILIES FOR THE YEAR ENDING DECEMBER 31, 2021.
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 |
|---|---|---|---|
Stick Williams President | OfficerTrustee | 1 | $0 |
Peter Pappas Vice President | OfficerTrustee | 1 | $0 |
Adam Currie Treasurer | OfficerTrustee | 1 | $0 |
Frank Emory Secretary | OfficerTrustee | 1 | $0 |
Frank Dowd IV Board Member | Trustee | 1 | $0 |
Jubal Early Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $142,730 |
| Fundraising events | $535,570 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $758,977 |
| Total Program Service Revenue | $0 |
| Investment income | $1,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $989,934 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,756,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,438,098 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,406 |
| Payroll taxes | $21,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $721 |
| Advertising and promotion | $19,721 |
| Office expenses | $7,175 |
| Information technology | $1,909 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,809 |
| All other expenses | $0 |
| Total functional expenses | $1,592,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,614,787 |
| Savings and temporary cash investments | $711,988 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,326,775 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $733,537 |
| Net assets with donor restrictions | $1,593,238 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,326,775 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Good Fellows Club Inc has recieved totaling $448,609.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $293,359 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $67,850 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $34,850 |
Dowd Foundation Inc Charlotte, NC PURPOSE: ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS | $25,000 |
Philip L Van Every Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $10,000 |
Greg And India Keith Foundation Charlotte, NC PURPOSE: CONTRIBUTION | $5,000 |
Endowment Analysis
| Beg. Balance | $43,495 |
| Earnings | $1,854 |
| Ending Balance | $45,349 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Old Town Club Inc Winstonsalem, NC | $12,827,032 | $8,211,808 |