The 124 Club
- Assets
- $615.9k
- Revenue
- $80.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Hill, NJ
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 22-2889141
Organization Overview
The 124 Club is located in Rocky Hill, NJ. The organization was established in 1989. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 124 Club 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 12/2023, 124 Club generated $80.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $58.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE PRINCIPLES AND TRADITIONS OF 12 STEP RECOVERY FUNCTIONS BY PROVIDING A SPACE WHERE GROUPS CAN MEET AND AN EDUCATIONAL CENTER AND SOCIAL ENVIRONMENT FOR PEOPLE IN RECOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MEETING SPACE AND FACILITIES FOR AA, NA, ALANON AND OTHER RECOVERY MEETINGS AND GROUPS. 30 GROUPS AND ABOUT 1,250 PEOPLE SERVED BEFORE COVID. UNABLE TO CONFIRM PARTICIPATION FOR REMAINDER OF YEAR.
PROVIDES ALCOHOL-FREE AND DRUG-FREE SOCIAL ACTIVITIES AND ENVIRONMENT FOR ALL GUESTS ESTIMATED 70 DAYS AND 800 DIFFERENT PEOPLE SERVED.
PROVIDES REFERENCE MATERIALS AND INFORMATION FOR ALL GUESTS AND ATTENDEES 365 DAYS PER YEAR AND ESTIMATED 1250 PEOPLE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Silvester Secretary | OfficerTrustee | 1 | $0 |
Debra Freedholm Treasurer | OfficerTrustee | 5 | $0 |
Marty Mandell House Coordinator | OfficerTrustee | 5 | $0 |
Cathy Wheeler Board Member | Trustee | 1 | $0 |
Mark Rothman Board Member | Trustee | 1 | $0 |
John Seboria Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,311 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,311 |
| Total Program Service Revenue | $52,688 |
| Investment income | $249 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,006 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,651 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,205 |
| Insurance | $8,059 |
| All other expenses | $4,715 |
| Total functional expenses | $58,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,933 |
| Savings and temporary cash investments | $26,693 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $452,227 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $615,853 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $275,000 |
| Other liabilities | $0 |
| Total liabilities | $275,000 |
| Net assets without donor restrictions | $340,853 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $615,853 |