Flotilla 32 Inc is located in Secaucus, NJ. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flotilla 32 Inc 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 12/2023, Flotilla 32 Inc generated $72.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $35.8k during the year ending 12/2023. 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
CONDUCTED A FRATERNAL NON-PROFIT ORGANIZATION FOR BOATING, FOR PROMOTING SAFETY AND PROMTOTING SUPPORT FOR LOCAL CHARITIES AND UNDER PRIVILEGED STUDENT SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Mckeever Treasurer | 0 | $0 | |
Thomas O'conner President | 0 | $0 | |
Richard Elphick Vice Preside | 0 | $0 | |
Steve Temple Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,800 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $52,845 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,645 |
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 | $4,716 |
Occupancy, rent, utilities, and maintenance | $4,543 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,546 |
Total expenses | $35,805 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $154,587 |
Other assets | $0 |
Total assets | $263,633 |
Total liabilities | $0 |
Net assets or fund balances | $263,633 |