Friday Club
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1938
- Data as of
- 05/2024
- EIN
- 36-9204865
Organization Overview
Friday Club is located in Chicago, IL. The organization was established in 1938. 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. Friday Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Friday Club generated $87.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $82.6k during the year ending 05/2024. While expenses have increased by 11.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
OVER 8 MONTHLY PROGRAMS, 80-100 MEMBERS AND GUESTS HEAR FROM VARIOUS SPEAKERS ON LITERARY, ARTISTIC, AND CULTURAL ISSUES IN CHICAGO AND THE LARGER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Rose Saunders President | 3 | $0 | |
Julie Allen First Vice-President | 3 | $0 | |
Sally Sprowl Second Vice-President | 3 | $0 | |
Elisabeth Meeker Corresponding Secretary | 2 | $0 | |
Violet Sudler Recording Secretary | 2 | $0 | |
Sandra Thomas Past Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,670 |
| Total Program Service Revenue | $10,235 |
| Membership dues | $73,332 |
| Investment income | $1,330 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,567 |
| 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 | $17,956 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,506 |
| Other expenses | $57,114 |
| Total expenses | $82,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,348 |
| Other assets | $0 |
| Total assets | $75,348 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,348 |