Newark Portuguese Sport Club
- Assets
- $119.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, CA
- Founding
- 08/1995
- Data as of
- 12/2019
- EIN
- 94-3224983
Organization Overview
Newark Portuguese Sport Club is located in Newark, CA. The organization was established in 1995. 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. Newark Portuguese Sport Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2019, Newark Portuguese Sport Club generated $191.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $177.1k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE A SPORTS RECREATION AREA FOR THE DUES PAYING MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Ferrumpau Treasurer | 20 | $0 | |
Connie Pimentel Vice President | 0 | $0 | |
Maria Pacheco President | 10 | $0 | |
Claudia Espinola Secretary | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,224 |
| Total Program Service Revenue | $172,677 |
| Membership dues | $0 |
| Investment income | $865 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,494 |
| Other Revenue | $0 |
| Total Revenue | $191,260 |
| 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 | $2,997 |
| Occupancy, rent, utilities, and maintenance | $28,470 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $145,595 |
| Total expenses | $177,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,717 |
| Other assets | $0 |
| Total assets | $119,925 |
| Total liabilities | $3,443 |
| Net assets or fund balances | $116,482 |
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