Texas Offshore Performance Powerboat Squadron Inc
- Assets
- $23.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- League City, TX
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 76-0437453
Organization Overview
Texas Offshore Performance Powerboat Squadron Inc is located in League City, TX. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Offshore Performance Powerboat Squadron Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Texas Offshore Performance Powerboat Squadron Inc generated $50.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $59.5k during the year ending 12/2023. While expenses have increased by 10.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Porter President | 5 | $0 | |
Charles Clark Vice President | 5 | $0 | |
Michelle Calmes Secretary | 5 | $0 | |
Jessica Ruzicka Treasurer | 5 | $0 | |
Jeff Greytok Director | 5 | $0 | |
Edward Shy Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,659 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,659 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,969 |
| Total expenses | $59,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,990 |
| Other assets | $0 |
| Total assets | $22,990 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,990 |