Colbert Boat Club
- Assets
- $230.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cartwright, OK
- Founding
- 01/2003
- Data as of
- 06/2024
- EIN
- 73-0586812
Organization Overview
Colbert Boat Club is located in Cartwright, OK. The organization was established in 2003. 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. Colbert Boat Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Colbert Boat Club generated $117.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $86.3k during the year ending 06/2024. While expenses have increased by 7.8% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
TO OWN, MAINTAIN AND OPERATE FACILITIES AND PROPERTY FOR THE ENJOYMENT OF BOATING, FISHING, SWIMMING AND OTHER SPORTS NOT PROHIBITED BY LAW, FOR THE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Ferguson President | 1 | $0 | |
John Mabry Vice President | 1 | $0 | |
Monique Cardwell Secretary | 1 | $0 | |
Pam Rucker Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $117,063 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $584 |
| Total Revenue | $117,753 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $85,698 |
| Total expenses | $86,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,467 |
| Other assets | $0 |
| Total assets | $230,353 |
| Total liabilities | $8 |
| Net assets or fund balances | $230,345 |