Bridge Club Of Lexington Inc
- Assets
- $153.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 61-1251063
Organization Overview
Bridge Club Of Lexington Inc is located in Lexington, KY. The organization was established in 2017. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Bridge Club Of Lexington 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 12/2022, Bridge Club Of Lexington Inc generated $92.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $94.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. 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
CONDUCT 8 TO 11 ACBL SANCTIONED EDUCATIONAL DUPLICATE CONTRACT BRIDGE GAMES PER WEEK OPEN TO ALL BRIDGE PLAYERS FOR THE ENJOYMENT OF THE GAME AND EARNING MASTER POINTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles P Dean Vice President | 10 | $0 | |
Andra L Gyor Secretary | 10 | $0 | |
Kenneth P Katen Facilities Manager | 20 | $0 | |
Robert S Korten It Director | 20 | $0 | |
Thomas R Spielman Treasurer | 10 | $0 | |
Sondra E Holt President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,863 |
| Total Program Service Revenue | $84,043 |
| Membership dues | $0 |
| Investment income | $1,199 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,875 |
| Total Revenue | $91,980 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,096 |
| Professional fees and other payments to independent contractors | $6,598 |
| Occupancy, rent, utilities, and maintenance | $58,583 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $3,644 |
| Total expenses | $94,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,019 |
| Other assets | $0 |
| Total assets | $153,019 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,019 |
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