Bremerton Sports Car Club is located in Bremerton, WA. The organization was established in 1978. 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. Bremerton Sports Car Club 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, Bremerton Sports Car Club generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $37.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. 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
TO ENCOURAGE THE PRESERVATION, OWNERSHIP, AND OPERATION OF SPORTS CARS; TO ACT AS SOURCE OF TECHNICAL INFORMATION, TO ENCOURAGE CAFEUL, SKILLFUL, AND LAWFUL DRIVING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriel Wright President | 2 | $0 | |
Mark Schaff Vice President | 2 | $0 | |
Tyler Damato Treasurer | 2 | $0 | |
Mark Fisher Secretary | 2 | $0 | |
Joey Sim Board Member | 1 | $0 | |
Matt Tagles Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,900 |
| Membership dues | $60 |
| Investment income | $99 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,256 |
| Total Revenue | $39,315 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $24,919 |
| Printing, publications, postage, and shipping | $415 |
| Other expenses | $11,547 |
| Total expenses | $37,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,414 |
| Other assets | $0 |
| Total assets | $97,414 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,414 |