Fernwood Club Inc is located in Spartanburg, SC.
For the year ending 12/2022, Fernwood Club Inc generated $105.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $89.5k 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
PROVIDE MEMBER ONLY LIFEGUARD PROTECTED SWIMMING POOL FOR MEMORIAL DAY THROUGH LABOR DAY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Byers President | 1 | $0 | |
John Coleman Treasurer | 2 | $0 | |
Jennifer Bauer Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $92,249 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,015 |
| Total Revenue | $105,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,213 |
| Professional fees and other payments to independent contractors | $7,223 |
| Occupancy, rent, utilities, and maintenance | $12,715 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,374 |
| Total expenses | $89,525 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,311 |
| Other assets | $0 |
| Total assets | $201,531 |
| Total liabilities | $0 |
| Net assets or fund balances | $201,531 |