Fra Branch 346 Club Inc is located in Panama City Beach, FL. The organization was established in 2014. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fra Branch 346 Club Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2022, Fra Branch 346 Club Inc generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $151.6k during the year ending 12/2022. While expenses have increased by 14.9% per year over the past 7 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
PROVIDE NEED ITEMS TO VA HOME, AND FILED BACK PACKS FOR SCHOOL CHILDERN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Vatter President | 0 | $0 | |
Robert George Zipperer Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,204 |
| Total Program Service Revenue | $151,322 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,526 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,120 |
| Professional fees and other payments to independent contractors | $3,557 |
| Occupancy, rent, utilities, and maintenance | $17,778 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,187 |
| Total expenses | $151,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,402 |
| Other assets | $0 |
| Total assets | $17,964 |
| Total liabilities | $2,097 |
| Net assets or fund balances | $15,867 |