Friendswood Columbus Club Inc
- Assets
- $810.1k
- Revenue
- $24.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Friendswood, TX
- Founding
- 07/1987
- Data as of
- 06/2021
- EIN
- 76-0147409
Organization Overview
Friendswood Columbus Club Inc is located in Friendswood, TX. The organization was established in 1987. 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. Friendswood Columbus Club Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Friendswood Columbus Club Inc generated $24.7k 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 (5.8%) each year. All expenses for the organization totaled $26.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLD TITLE TO PROPERTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD TITLE FOR THE PURPOSE OF BENEVOLENT, CHARITABLE AND EDUCATIONAL UNDERTAKINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Alley President | OfficerTrustee | 4 | $0 |
Larry Sims Vice President | OfficerTrustee | 4 | $0 |
Dave Allen Treasurer | OfficerTrustee | 4 | $0 |
Andrew Mambretti Secretary | OfficerTrustee | 2 | $0 |
Dana Milbun Director | Trustee | 2 | $0 |
Matt Hermes Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,509 |
| Investment income | $158 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $258 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,064 |
| Insurance | $100 |
| All other expenses | $0 |
| Total functional expenses | $26,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,429 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $810,102 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $810,102 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendswood Columbus Club Inc has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
Knights Of Columbus Pearland, TX PURPOSE: RELATED ORGANIZATION | $26,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baton Rouge Country Club Inc Baton Rouge, LA | $28,846,628 | $10,362,184 |
Brae Burn Country Club Houston, TX | $18,876,104 | $6,861,464 |
Mira Vista Country Club Fort Worth, TX | $16,102,268 | $9,038,386 |
Dallas Petroleum Club Dallas, TX | $6,437,336 | $6,134,462 |
Krewe Of Bacchus Inc New Orleans, LA | $5,050,746 | $6,016,204 |
Westwood Country Club Inc Houston, TX | $8,686,172 | $4,577,698 |
American Mensa Ltd Hurst, TX | $11,710,635 | $4,744,166 |
De Cordova Bend Estates Country Club Inc Granbury, TX | $7,052,253 | $3,729,536 |
Austin Golf Club Spicewood, TX | $10,664,595 | $3,860,252 |
Bayou Club Of Houston Houston, TX | $5,725,988 | $3,088,744 |
Hot Springs Country Club Inc Hot Springs, AR | $2,661,246 | $3,999,960 |
Club Giraud San Antonio, TX | $2,168,734 | $3,446,600 |