La Jolla Cove Bridge Club Inc
- Assets
- $83.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 03/1992
- Data as of
- 01/2024
- EIN
- 95-0915585
Organization Overview
La Jolla Cove Bridge Club Inc is located in La Jolla, CA. The organization was established in 1992. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, 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. LA Jolla Cove Bridge Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 01/2024, LA Jolla Cove Bridge Club Inc generated $71.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $70.5k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Strong President | 15 | $595 | |
Sul Kassamali Treasurer | 5 | $595 | |
Naz Kassamali Secretary | 1 | $0 | |
Herb Marcus Vice President | 0 | $0 | |
Harsha Acharya Membership | 2 | $0 | |
Victor Chan Tenant Liason | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $69,907 |
| Membership dues | $0 |
| Investment income | $1,303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,190 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $31,486 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,381 |
| Total expenses | $70,532 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,107 |
| Other assets | $0 |
| Total assets | $83,107 |
| Total liabilities | $24,505 |
| Net assets or fund balances | $58,602 |