German-American Society Of Greater Hollywood Inc
- Assets
- $97.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hollywood, FL
- Founding
- 07/1967
- Data as of
- 12/2021
- EIN
- 59-1119108
Organization Overview
German-American Society Of Greater Hollywood Inc is located in Hollywood, FL. The organization was established in 1967. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German-American Society Of Greater Hollywood 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, German-American Society Of Greater Hollywood Inc generated $60.2k 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 (8.0%) each year. All expenses for the organization totaled $46.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Haas President | 5 | $0 | |
Ken Wolf 1st Vice President | 5 | $0 | |
Roswitha Wagner Secretary | 10 | $0 | |
Sharon Wolf Treasurer | 25 | $0 | |
Steve Downey 2nd Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,837 |
| Total Program Service Revenue | $1,664 |
| Membership dues | $3,784 |
| Investment income | $18,250 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,989 |
| Other Revenue | $0 |
| Total Revenue | $60,222 |
| 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 | $12,753 |
| Occupancy, rent, utilities, and maintenance | $20,089 |
| Printing, publications, postage, and shipping | $3,226 |
| Other expenses | $10,088 |
| Total expenses | $46,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,465 |
| Other assets | $0 |
| Total assets | $97,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,163 |
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