National African American Rvers
- Assets
- $251.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 03/1996
- Data as of
- 08/2023
- EIN
- 38-3200058
Organization Overview
National African American Rvers is located in Charlotte, NC. The organization was established in 1996. 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. National African American Rvers is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, National African American Rvers generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $101.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Thompson President | 10 | $0 | |
Jesse Battle 1st Vice President | 10 | $0 | |
Brian Skipper 2nd Vice President | 10 | $0 | |
Sarah Runnels Treasurer | 20 | $0 | |
Elaine Standifer General Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,224 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,500 |
| Total Revenue | $54,820 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,332 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,365 |
| Printing, publications, postage, and shipping | $3,213 |
| Other expenses | $49,041 |
| Total expenses | $100,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,399 |
| Other assets | $0 |
| Total assets | $251,699 |
| Total liabilities | $91,884 |
| Net assets or fund balances | $159,815 |