E Club Of Everett Inc
- Assets
- $98.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Everett, MA
- Founding
- 10/1976
- Data as of
- 12/2022
- EIN
- 04-2594899
Organization Overview
E Club Of Everett Inc is located in Everett, MA. The organization was established in 1976. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. E Club Of Everett 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 12/2022, E Club Of Everett Inc generated $43.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $67.7k during the year ending 12/2022. 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
THE ORGANIZATION HOLDS 2 DINNERS ANNUALLY, AT WHICH IT PRESENTS SCHOLARSHIPS & TROPHY AWARDS TO EVERETT HIGH SCHOOL VARSITY STUDENT-ATHLETES. THE DINNERS FEATURE SPEAKERS WHO ARE/WERE PROMINANT PROFESSIONAL ATHLETES OR SPORTS JOURNALISTS IN THE BOSTON AREA. THESE DINNERS ALSO ACT AS A REUNION FOR EVERETT'S STUDENT-ATHLETE ALUMNI. THE ORGANIZATION PROVIDES ITS MEMBERS WITH NEWSLETTERS THROUGHOUT THE YEAR INFORMING THEM OF CURRENT EVERETT HIGH SCHOOL SPORTS INFORMATION AND ACHIEVMENTS OF FORMER EVERETT STUDENT-ATHLETES. THE ORGANIZATION AWARDED 14 SCHOLARSHIPS TO STUDENT-ATHLETES FROM EVERETT HIGH SCHOOL IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Ragucci Jr Director | 1 | $0 | |
Armando Leo Director | 1 | $0 | |
John Ragucci Director | 1 | $0 | |
James Agnetta Jr Director | 1 | $0 | |
Paul Yahoodik Director | 1 | $0 | |
Neil Medugno Vice President/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,123 |
| Total Program Service Revenue | $17,326 |
| Membership dues | $1,800 |
| Investment income | $1,231 |
| Gain or Loss | -$990 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,490 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $216 |
| Printing, publications, postage, and shipping | $7,637 |
| Other expenses | $31,694 |
| Total expenses | $67,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,803 |
| Other assets | $0 |
| Total assets | $98,803 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,803 |