Little Club Inc
- Assets
- $17.6m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 100
- Location
- Delray Beach, FL
- Founding
- 02/1973
- Data as of
- 04/2023
- EIN
- 59-1209498
Organization Overview
Little Club Inc is located in Delray Beach, FL. The organization was established in 1973. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2023, Little Club Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little 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 04/2023, Little Club Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $5.5m during the year ending 04/2023. While expenses have increased by 10.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BIND MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES FOOD, BEVERAGE, GOLF FACILITIES AND SERVICES TO APPROXIMATELY 500 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ainar Aijala Treasurer | OfficerTrustee | 2 | $0 |
Barbara Backer President | OfficerTrustee | 2 | $0 |
Barbara Couch Governor | Trustee | 1 | $0 |
Chad White Vice President | OfficerTrustee | 2 | $0 |
Courtney Parmenter Governor | Trustee | 1 | $0 |
Dr Bruce Hindin Governor | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mouw Associates Inc General Contractor | 4/29/23 | $1,756,386 |
Unlimited Power Solutions Electrical Contractor | 4/29/23 | $108,427 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,252,807 |
| Investment income | $7,302 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,942 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,742,398 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,007,686 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $453,031 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,387,399 |
| Pension plan accruals and contributions | $22,082 |
| Other employee benefits | $432,009 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,296 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,015,581 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $108,235 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $633,806 |
| Insurance | $136,698 |
| All other expenses | $0 |
| Total functional expenses | $5,503,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,777,120 |
| Savings and temporary cash investments | $421,392 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $518,386 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $116,681 |
| Prepaid expenses and deferred charges | $85,930 |
| Net Land, buildings, and equipment | $12,460,927 |
| Investments—publicly traded securities | $128,227 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $97,559 |
| Total assets | $17,606,222 |
| Accounts payable and accrued expenses | $662,195 |
| Grants payable | $0 |
| Deferred revenue | $2,950,195 |
| 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 | $4,995,445 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $658,559 |
| Total liabilities | $9,266,394 |
| Net assets without donor restrictions | $8,339,828 |
| Net assets with donor restrictions | $0 |
| 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 | $17,606,222 |