Penny Putters Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Zionsville, IN
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 45-1197417
Organization Overview
Penny Putters Inc is located in Zionsville, IN. The organization was established in 2012. 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. Penny Putters Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Penny Putters Inc generated $12.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $12.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
WEEKLY SOCIAL GOLF AND MONTHLY LUNCHEONS SHOWED A CONSISTENT SUCCESS WITH VARYING THEMES, APPROXIMATELY 50-70 PARTICIPANTS FOR EACH EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Frieburg Recording Secretary | 1 | $0 | |
Cathy Daugherty President | 1 | $0 | |
Kathleen Rieke Treasurer | 1 | $0 | |
Ann Baun Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,631 |
| Membership dues | $4,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,881 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $341 |
| Other expenses | $11,786 |
| Total expenses | $12,127 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,934 |
| Other assets | $0 |
| Total assets | $2,934 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,934 |
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