Balboa Angling Club
- Assets
- $94.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 03/1950
- Data as of
- 12/2022
- EIN
- 95-2122773
Organization Overview
Balboa Angling Club is located in Newport Beach, CA. The organization was established in 1950. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, 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. Balboa Angling Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Balboa Angling Club generated $121.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $113.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 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
PROMOTE CONSERVATION OF FISH IN LOCAL WATERS THROUGH AWARENESS AND SPORTSMANSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caseymccann Chief Executive Officer | 0 | $0 | |
Mark Ammerman Secretary | 0 | $0 | |
David Dubois Chief Financial Officer Agent For Service | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,224 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,163 |
| Investment income | $1,866 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,314 |
| Total Revenue | $121,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,542 |
| Professional fees and other payments to independent contractors | $385 |
| Occupancy, rent, utilities, and maintenance | $12,837 |
| Printing, publications, postage, and shipping | $1,695 |
| Other expenses | $59,976 |
| Total expenses | $113,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,659 |
| Other assets | $0 |
| Total assets | $94,496 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,496 |