Magnolia Point Womens Club
- Assets
- $33.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Green Cove Springs, FL
- Founding
- 07/2008
- Data as of
- 04/2024
- EIN
- 71-0886552
Organization Overview
Magnolia Point Womens Club is located in Green Cove Springs, FL. The organization was established in 2008. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Point Womens Club 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 04/2024, Magnolia Point Womens Club generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $29.7k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorna Broughton President | 5 | $0 | |
Marty Essex Recording Secretary | 4 | $0 | |
Linda Werring Treasurer | 15 | $0 | |
Pamela Young Corresponding Secretary | 5 | $0 | |
Donna Habing Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,172 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,810 |
| Investment income | $342 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,011 |
| Other Revenue | $0 |
| Total Revenue | $25,335 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,284 |
| Other expenses | $27,911 |
| Total expenses | $29,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,921 |
| Other assets | $0 |
| Total assets | $33,921 |
| Total liabilities | $5,005 |
| Net assets or fund balances | $28,916 |