Fordson Varsity Alumni Club
- Assets
- $109.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 26-2994505
Organization Overview
Fordson Varsity Alumni Club is located in Dearborn, MI. The organization was established in 2009. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fordson Varsity Alumni 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 12/2022, Fordson Varsity Alumni Club generated $19.9k 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 (6.5%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT AND TRAINING TO DEARBORN PUBLIC SCHOOLS ATHELTICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Pingston Jr President | 2 | $0 | |
Robert A Abraham Treasurer | 2 | $0 | |
Michael Petlichkoff Secretary | 2 | $0 | |
Chuck Dexter Vice Preside | 2 | $0 | |
Bill Peretto Sergeant At | 2 | $0 | |
Ronald Abraham Vice Secreta | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,689 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,159 |
| Other Revenue | $0 |
| Total Revenue | $19,865 |
| 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 | $912 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $119 |
| Other expenses | $13,497 |
| Total expenses | $14,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,554 |
| Other assets | $0 |
| Total assets | $109,554 |
| Total liabilities | $662 |
| Net assets or fund balances | $108,892 |