Friends Of The Withlacoochee State Trail Inc is located in Inverness, FL. The organization was established in 1993. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Friends Of The Withlacoochee State Trail Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Friends Of The Withlacoochee State Trail Inc generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $13.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) 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
MANTENANCE AND IMPROVEMENTS OF THE 46 MILES OF THEWITHLACOOCHEE STATE TRAIL (PART OF THE STATE OFFLORIDA PARKS & RECREATION SYSTEM)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Bechtel President | 30 | $0 | |
James Mclean Vice President | 15 | $0 | |
Edward Thompson Treasurer | 30 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,189 |
| Total Program Service Revenue | $2,170 |
| Membership dues | $4,240 |
| Investment income | $59 |
| Gain or Loss | -$263 |
| Net Income from Gaming & Fundraising | $4,565 |
| Other Revenue | $0 |
| Total Revenue | $16,580 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $636 |
| Other expenses | $12,908 |
| Total expenses | $13,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,218 |
| Other assets | $0 |
| Total assets | $96,086 |
| Total liabilities | $136 |
| Net assets or fund balances | $95,950 |