Gainesville Quarterback Club is located in Gainesville, FL. The organization was established in 1974. 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. Gainesville Quarterback Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Gainesville Quarterback Club generated $173.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $170.7k 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 9 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
PROMOTION OF UNIVERSITY OF FLORIDA FOOTBALL SPIRIT, FELLOWSHIP, AND FOOTBALL KNOWLEDGE AMONG ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEEKLY MEALS: COST OF MEALS AT THE CLUB'S WEEKLY MEETINGS HELD DURING FOOTBALL SEASON FOR APPROXIMATELY 350 MEMBERS AND GUESTS.ANNUAL MEMBER TRIPS: COST OF OUT-OF-TOWN TRIPS TO GAMES DURING FOOTBALL SEASON FOR APPROXIMATELY 350 MEMBERS AND GUESTS IN SUPPORT OF THE UF FOOTBALL PROGRAM.PROGRAMS: COST OF SPEAKING FEES AND TRAVEL REIMBURSEMENT FOR SPEAKERS AT THE CLUB'S WEEKLY MEETINGS.GRANTS AND ALLOCATIONS: CONTRIBUTIONS REGULARLY MADE TO GATOR BOOSTERS, INC. AND THE UNIVERSITY OF FLORIDA FOUNDATION, INC., BOTH SECTION 501(C)3 ORGANIZATIONS AFFILIATED WITH THE UNIVERSITY OF FLORIDA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Stevens Director | Trustee | 0.3 | $0 |
Corbin Emerson Director - End 12/31/2023 | Trustee | 0.3 | $0 |
Patricia Garzon Director | Trustee | 0.3 | $0 |
Wayne Thames Director | Trustee | 0.3 | $0 |
Bob Bagley Past Captain | OfficerTrustee | 0.3 | $0 |
Matthew Braddy Quarterback - Secretary/treasurer | OfficerTrustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $30,209 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,209 |
Total Program Service Revenue | $118,500 |
Investment income | $4,456 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$13,371 |
Net Income from Gaming Activities | -$3,837 |
Net Income from Sales of Inventory | $540 |
Miscellaneous Revenue | $0 |
Total Revenue | $173,722 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $16,000 |
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 | $6,569 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $425 |
Office expenses | $3,530 |
Information technology | $2,540 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,192 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,771 |
All other expenses | $4,314 |
Total functional expenses | $170,705 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,702 |
Savings and temporary cash investments | $77,038 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,325 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,659 |
Total assets | $180,724 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $180,724 |
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 | $180,724 |
Over the last fiscal year, Gainesville Quarterback Club has awarded $24,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF FLORIDA FOUNDATION INC PURPOSE: SCHOLARSHIPS AND GENERAL SUPPORT OF THE UNIVERSITY OF FLORIDA'S ATHLETIC PROGRAMS | $8,000 |
UNIVERSITY ATHLETIC ASSOCIATION INC PURPOSE: SCHOLARSHIPS AND GENERAL SUPPORT OF THE UNIVERSITY OF FLORIDA'S ATHLETIC PROGRAMS | $16,000 |