Northrop Recreation Club
- Assets
- $394.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 95-6071386
Organization Overview
Northrop Recreation Club is located in El Segundo, CA. The organization was established in 1945. 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. Northrop Recreation Club 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 12/2021, Northrop Recreation Club generated $180.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $172.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
1. VARIOUS EMPLOYEE RECREATIONAL AND SOCIAL EVENTS, INCLUDING BUT NOT LIMITED TO: SPORT EVENTS AND CONTESTS, READING GROUPS, DINNER DANCE, HOLIDAY BALLS, CHRISTMAS PARTIES, TRAVELS AND OUTINGS.2. SUPPORT THE ACTIVITIES OF OVER 60 EMPLOYEE CLUBS AT NORTHROP A/C DIV & L.C. & ROLLING MEADOWS, ALL EMPLOYEES ARE MEMBERS & PARTICIPANTS.3.DONATION & GIVEAWAYS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donella Hines Sergeant At Arm | 10 | $0 | |
David Clement Secretary | 10 | $0 | |
Alexander Niakoulov Vice President | 10 | $0 | |
Peggy Polite President | 10 | $0 | |
Lu Dele Fortrie Hr Rep | 10 | $0 | |
Sandi Givehand Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,000 |
| Total Program Service Revenue | $123,128 |
| Membership dues | $0 |
| Investment income | $157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,285 |
| 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 | $2,085 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $170,429 |
| Total expenses | $172,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $393,334 |
| Other assets | $0 |
| Total assets | $394,077 |
| Total liabilities | $0 |
| Net assets or fund balances | $394,077 |
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