Idlewild Inc
- Assets
- $116.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-5124145
Organization Overview
Idlewild Inc is located in Hillsborough, CA. The organization was established in 2018. 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. Idlewild 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, Idlewild Inc generated $92.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $100.3k during the year ending 12/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE WERE ABLE TO HOLD SEVERAL EVENTS WHICH FOSTERED ASSOCIATION AND DISCUSSION AMONGST THE ATTENDEES. WE HAD A FEW LUNCHES THAT INCLUDED CONVERSATION AND CREATED ENTERTAINMENT. THE ATTENDEES INCLUDED 12 MEMBERS AND APPROXIMATELY 25 GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Lynch Treasurer | 0 | $0 | |
John Stricklin Secretary | 0 | $0 | |
Gene D'ovidio President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150 |
| Total Program Service Revenue | $0 |
| Membership dues | $92,209 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,417 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,483 |
| Professional fees and other payments to independent contractors | $1,915 |
| Occupancy, rent, utilities, and maintenance | $135 |
| Printing, publications, postage, and shipping | $291 |
| Other expenses | $58,468 |
| Total expenses | $100,292 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,443 |
| Other assets | $0 |
| Total assets | $116,065 |
| Total liabilities | $4,299 |
| Net assets or fund balances | $111,766 |
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