Wilmywood Country Classic
- Assets
- $4.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 81-2768932
Organization Overview
Wilmywood Country Classic is located in Wilmington, NC. The organization was established in 2018. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilmywood Country Classic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wilmywood Country Classic generated $50.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE WILMYWOOD COUNTRY CLASSIC WAS FOUNDED WITH THE PURPOSE OF HAVING ONE MUSIC/GOLF EVENT PER YEAR WITH ALL PROCEEDS DONATED TO A LOCAL NON-PROFIT BENEFITTING CHILDREN OR VETERANS. THE ANNUAL EVENT WAS HELD AT PINE VALLEY COUNTRY CLUB IN WILMINGTON, NC. AFTER EXPENSES, THE ORGANIZATION WAS ABLE TO DONATE $9,000 TO VOYAGE (FORMERLY KNOWN AS THE BLUE RIBBON COMMISSION FOR THE PREVENTION OF YOUTH VIOLENCE).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Honea Director | 1 | $0 | |
Janet Rose Director | 1 | $0 | |
Tim Haldeman Director | 1 | $0 | |
Craig Hadges Director | 1 | $0 | |
Joe Bonczek President | 1 | $0 | |
Mark Mulch Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,806 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,806 |
| 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 | $775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,549 |
| Total expenses | $45,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,289 |
| Other assets | $0 |
| Total assets | $4,289 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,289 |