Kraft Athletic Club
- Assets
- $266.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fernandina Beach, FL
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 59-0790261
Organization Overview
Kraft Athletic Club is located in Fernandina Beach, FL. The organization was established in 1989. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Kraft Athletic Club 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, Kraft Athletic Club generated $58.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $51.9k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDES A RECREATION PARK WITH MEETING FACILITIES FOR MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Mixon V President | 0 | $0 | |
Kevin James Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,596 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,321 |
| Total Revenue | $58,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,637 |
| Professional fees and other payments to independent contractors | $10,963 |
| Occupancy, rent, utilities, and maintenance | $16,212 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,115 |
| Total expenses | $51,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,976 |
| Other assets | $0 |
| Total assets | $265,992 |
| Total liabilities | $448 |
| Net assets or fund balances | $265,544 |
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