Key Colony Beach Fishing & Boating Club Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Key Col Bch, FL
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 65-0551497
Organization Overview
Key Colony Beach Fishing & Boating Club Inc is located in Key Col Bch, FL. The organization was established in 1996. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, 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. Key Colony Beach Fishing & Boating 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 12/2021, Key Colony Beach Fishing & Boating Club Inc generated $23.9k 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 (4.6%) each year. All expenses for the organization totaled $26.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
CONDUCTS AN ANNUAL KIDS FISH DAY FOR CHILDREN WHO DO NOT HAVE ACCESS TO FISHING. PARTICIPATE IN THE ANNUAL KEY COLONY BEACH BOAT PARADE.CONTRIBUTES TO VARIOUS NON-PROFIT ENTITIES AND YOUTH PROGRAMS WITH THE PROCEEDS FROM THEIR FUND RAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzan Redding Vice Commodore | 1 | $0 | |
Stephanie Withrow Treasurer | 1 | $0 | |
Joe Schmidt Commodore | 1 | $0 | |
Diane Slusher Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,087 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,215 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,540 |
| Other Revenue | $70 |
| Total Revenue | $23,912 |
| 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 | $297 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,697 |
| Total expenses | $25,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,352 |
| Other assets | $0 |
| Total assets | $35,854 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,854 |
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