Victory Motorcycle Club Inc
- Assets
- $51.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 75-3123760
Organization Overview
Victory Motorcycle Club Inc is located in Wilmington, DE. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Victory Motorcycle 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, Victory Motorcycle Club Inc generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2022. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Lovell President | 5 | $0 | |
Anthony Schleisman Vice President | 5 | $0 | |
Rose Mandile Secretary | 10 | $0 | |
Klent Harkness Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,024 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,422 |
| Other Revenue | $0 |
| Total Revenue | $7,210 |
| 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 | $3,964 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $289 |
| Other expenses | $3,088 |
| Total expenses | $8,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,685 |
| Other assets | $0 |
| Total assets | $51,685 |
| Total liabilities | $315 |
| Net assets or fund balances | $51,370 |