Southlake Newcomers Club Inc is located in Southlake, TX. The organization was established in 1997. 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. Southlake Newcomers Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2017, Southlake Newcomers Club Inc generated $5.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $2.7k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDED MONTHLY LUNCHEONS AND OPPORTUNITIES TO GET ACQUAINTED WITH THE SOUTHLAKE COMMUNITY AND THE DALLAS/FORT WORTH AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colleen Pointer President | 0 | $0 | |
Keitha Cain Secretary | 0 | $0 | |
Cynthia Scott Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $6,833 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,178 |
Other Revenue | $0 |
Total Revenue | $5,658 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,313 |
Other expenses | $1,389 |
Total expenses | $2,702 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,356 |
Other assets | $0 |
Total assets | $26,356 |
Total liabilities | $3,850 |
Net assets or fund balances | $22,506 |