The Mobile Big Game Fishing Club Inc
- Assets
- $639.0k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 04/1979
- Data as of
- 12/2022
- EIN
- 63-0751707
Organization Overview
The Mobile Big Game Fishing Club Inc is located in Mobile, AL. The organization was established in 1979. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Mobile Big Game Fishing Club 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, Mobile Big Game Fishing Club Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND EDUCATE MEMBERS AND PUBLIC IN SPORT OF BILL FISHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS FOR MEMBERS AND GENERAL PUBLIC EDUCATING THEM ON HURRICANE AWARENESS ON THE GULF COAST - 1989 TO PRESENTEDUCATING MEMBERS AND GUESTS ON FEDERAL GOV'T RULING ON WHITE MARLIN ENDANGERED SPECIES LISTING - 1974 TO PRESENTEDUCATING MEMBERS AND GUESTS ON USE OF CIRCLE HOOK TO REDUCE MORTALITY OF BILL FISH - 2005 TO PRESENTPROVIDING FUNDING TO ORGANIZATIONS THAT SHARE THE SAME MISSION AND PURPOSE AS MBGFC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Cook Board Member | Trustee | 1 | $0 |
Angelo Depaola Board Member | Trustee | 1 | $0 |
Bennett Long Board Member | Trustee | 1 | $0 |
John Nicholas Board Member | Trustee | 1 | $0 |
Mathew Sayers Board Member | Trustee | 1 | $0 |
Parker Huddle Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,711,725 |
| Investment income | $186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,402 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,752,098 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,587 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,807 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,389 |
| Advertising and promotion | $6,144 |
| Office expenses | $34,580 |
| Information technology | $47,624 |
| Royalties | $0 |
| Occupancy | $24,155 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,967 |
| Interest | $195 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,666 |
| Insurance | $33,477 |
| All other expenses | $0 |
| Total functional expenses | $1,736,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,368 |
| Savings and temporary cash investments | $199,516 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $408,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $192 |
| Total assets | $638,961 |
| Accounts payable and accrued expenses | $18,446 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,324 |
| Other liabilities | $0 |
| Total liabilities | $19,770 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $619,191 |
| Total liabilities and net assets/fund balances | $638,961 |
Grants Awarded
Over the last fiscal year, The Mobile Big Game Fishing Club Inc has awarded $42,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BILLFISH FOUNDATION INC PURPOSE: Contribution to an organization that shares the purpose and mission of MBGFC. | $30,000 |
CCA ALABAMA PURPOSE: Contribution to an organization that shares the purpose and mission of MBGFC. | $12,000 |