Idlewild Inc
- Assets
- $106.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 82-5124145
Organization Overview
Idlewild Inc is located in Hillsborough, CA. The organization was established in 2018. 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. Idlewild Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Idlewild Inc generated $105.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $113.3k during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 WE WERE ABLE TO HOLD SEVERAL EVENTS WHICH FOSTERED ASSOCIATION AND DISCUSSION AMONGST THE ATTENDEES. WE HAD A FEW LUNCHES THAT INCLUDED CONVERSATION AND CREATED ENTERTAINMENT. THE ATTENDEES INCLUDED 12 MEMBERS AND APPROXIMATELY 25 GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Lynch Treasurer | 2 | $0 | |
Gene D'ovidio President | 0 | $0 | |
John Stricklin Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $6,650 |
| Membership dues | $97,907 |
| Investment income | $379 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,077 |
| Professional fees and other payments to independent contractors | $2,348 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $26 |
| Other expenses | $65,863 |
| Total expenses | $113,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,847 |
| Other assets | $0 |
| Total assets | $106,106 |
| Total liabilities | $2,618 |
| Net assets or fund balances | $103,488 |