Golden Isles Duplicate Bridge Club Inc
- Assets
- $229.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Simons Island, GA
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 58-6131760
Organization Overview
Golden Isles Duplicate Bridge Club Inc is located in St Simons Island, GA. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Golden Isles Duplicate Bridge Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Golden Isles Duplicate Bridge Club Inc generated $76.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $95.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE VAST MAJORITY OF OUR CLUB'S 250 MEMBERS ARE SENIOR CITIZENS. ALL OF US, REGARDLESS OF AGE, ENJOY KEEPING OUR MINDS SHARP PLAYING BRIDGE IN A CONGENIAL, SOCIAL ATMOSPHERE AT THE BRIDGE CENTER. WE HAVE EIGHT GAMES PER WEEK, DESIGNED TO ACCOMMODATE PLAYERS OF DIFFERENT SKILL LEVELS.WE ARE A TEACHING CLUB. WE HAVE THREE LEVELS OF INSTRUCTION TO HELP INTERESTED PEOPLE (MOSTLY MEMBERS, BUT THAT'S NOT REQUIRED) LEARN TO PLAY BRIDGE AND THEN IMPROVE THEIR PLAYING ABILITIES. OUR BEGINNING CLASS AND OUR LOWER INTERMEDIATE CLASS EACH AVERAGE ABOUT 40 STUDENTS. EACH CLASS IS OFFERED AT LEAST TWICE A YEAR, 10-12 WEEKS EACH, PLUS OCCASIONAL SHORTER COURSES. THE UPPER INTERMEDIATE CLASS MEETS ALMOST YEAR-ROUND, WITH ABOUT 30 STUDENTS.OUR CLUB ALSO OFFERS THREE TOURNAMENTS EACH YEAR, ATTRACTING OUT-OF-TOWN PLAYERS AS WELL AS LOCALS. ALL OUR GAMES AND TOURNAMENTS PROVIDE PLAYERS WITH AN OPPORTUNITY TO EARN "POINTS" RESULTING IN DIFFERENT LEVELS OF RECOGNITION FROM THE AMERICAN CONTRACT BRIDGE LEAGUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Young Vice President | 1 | $0 | |
Charles Oldag Club Manager | 1 | $0 | |
Kathy Pennington Director | 0 | $0 | |
Penny Hennessy Secretary | 0 | $0 | |
Emwynn Smith Head Director | 1 | $0 | |
Laura DE Martino Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,889 |
| Total Program Service Revenue | $55,739 |
| Membership dues | $2,560 |
| Investment income | $10,200 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,388 |
| 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 | $1,568 |
| Occupancy, rent, utilities, and maintenance | $61,524 |
| Printing, publications, postage, and shipping | $285 |
| Other expenses | $31,587 |
| Total expenses | $95,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,343 |
| Other assets | $0 |
| Total assets | $229,337 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,337 |
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