Lockridge Forest Swim Club Inc
- Assets
- $38.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norcross, GA
- Founding
- 02/1972
- Data as of
- 09/2022
- EIN
- 58-1105547
Organization Overview
Lockridge Forest Swim Club Inc is located in Norcross, GA. The organization was established in 1972. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Lockridge Forest Swim 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 09/2022, Lockridge Forest Swim Club Inc generated $100.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $113.1k during the year ending 09/2022. While expenses have increased by 10.3% 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
PROVIDE POOL, SOCIAL AND TENNIS OPERATIONS FORMEMBERS ONLY NEIGHBOORHOOD POOL AND TENNIS CLUBFOR 172 MEMBER HOUSEHOLDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chet Roberts President | 10 | $0 | |
Ronald Walsh Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,106 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,615 |
| Other Revenue | $0 |
| Total Revenue | $100,721 |
| 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 | $21,204 |
| Occupancy, rent, utilities, and maintenance | $36,343 |
| Printing, publications, postage, and shipping | $1,286 |
| Other expenses | $54,219 |
| Total expenses | $113,052 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,345 |
| Other assets | $0 |
| Total assets | $38,082 |
| Total liabilities | $9,070 |
| Net assets or fund balances | $29,012 |
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