Solms Bowling Club Inc
- Assets
- $174.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Braunfels, TX
- Founding
- 06/1944
- Data as of
- 06/2022
- EIN
- 74-0907038
Organization Overview
Solms Bowling Club Inc is located in New Braunfels, TX. The organization was established in 1944. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Solms Bowling 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 06/2022, Solms Bowling Club Inc generated $105.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $70.9k during the year ending 06/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Roach Vice President | 2 | $0 | |
Nathan Dolle President | 2 | $0 | |
Nate Grainger Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,060 |
| Total Program Service Revenue | $65,239 |
| Membership dues | $3,665 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $61 |
| Salaries, other compensation, and employee benefits | $18,936 |
| Professional fees and other payments to independent contractors | $14,988 |
| Occupancy, rent, utilities, and maintenance | $32,116 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $4,655 |
| Total expenses | $70,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,741 |
| Other assets | $0 |
| Total assets | $174,777 |
| Total liabilities | $752 |
| Net assets or fund balances | $174,025 |
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