Club 420 Association Inc
- Assets
- $132.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Kingstown, RI
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 26-3379341
Organization Overview
Club 420 Association Inc is located in North Kingstown, RI. The organization was established in 2011. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Club 420 Association 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, Club 420 Association Inc generated $60.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $64.3k 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
TO RUN AND ADMINISTER SANCTIONED CLUB 420 REGATTAS AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Morgan President | 0 | $0 | |
Kyle Assad Vice-Preside | 0 | $0 | |
Chris Hemans Secretary / | 0 | $0 | |
Tim Cornell Treasurer | 0 | $0 | |
Dan Bornarth Measurer/reg | 0 | $0 | |
Scott Norman Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,560 |
| Total Program Service Revenue | $19,239 |
| Membership dues | $28,430 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,270 |
| 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 | $35,804 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $163 |
| Other expenses | $28,288 |
| Total expenses | $64,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,364 |
| Other assets | $0 |
| Total assets | $132,364 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,364 |