Lake Ashton Woodworkers Llc is located in Lake Wales, FL. The organization was established in 2017. 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. Lake Ashton Woodworkers Llc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 02/2024, Lake Ashton Woodworkers Llc generated $17.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $9.1k during the year ending 02/2024. While expenses have increased by 2.1% 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
SAFETYCLASSESANDPROJECTCLASSESFOR75MEMBERS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Fred Powell Chairman  | 20 | $0 | |
James Sullivan President  | 20 | $0 | |
Michael Stahl Vice President  | 5 | $0 | |
Charles Coppess Vice President  | 5 | $0 | |
Keith Krugler1 Secretary  | 5 | $0 | |
Shelba Powell Treasurer  | 15 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,947 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $8,775 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $5,170 | 
| Other Revenue | $0 | 
| Total Revenue | $17,892 | 
| 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 | $585 | 
| Occupancy, rent, utilities, and maintenance | $7,200 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $1,332 | 
| Total expenses | $9,117 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,979 | 
| Other assets | $0 | 
| Total assets | $25,979 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $25,979 |