Solms Bowling Club Inc is located in New Braunfels, TX. The organization was established in 1944. 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. Solms Bowling 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 06/2024, Solms Bowling Club Inc generated $108.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $92.7k during the year ending 06/2024. While expenses have increased by 4.3% per year over the past 5 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
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathan Dolle President | 2 | $0 | |
David Roach Vice President | 2 | $0 | |
Josh Dubose Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,241 |
Total Program Service Revenue | $58,194 |
Membership dues | $4,804 |
Investment income | $270 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $108,615 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $32 |
Salaries, other compensation, and employee benefits | $35,009 |
Professional fees and other payments to independent contractors | $18,883 |
Occupancy, rent, utilities, and maintenance | $33,375 |
Printing, publications, postage, and shipping | $273 |
Other expenses | $5,082 |
Total expenses | $92,654 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,350 |
Other assets | $0 |
Total assets | $206,036 |
Total liabilities | $4,297 |
Net assets or fund balances | $201,739 |