Tolo Club
- Assets
- $255.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kirkland, WA
- Founding
- 02/1939
- Data as of
- 06/2023
- EIN
- 91-6056030
Organization Overview
Tolo Club is located in Kirkland, WA. The organization was established in 1939. 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. Tolo Club is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2023, Tolo Club generated $71.4k 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 (9.9%) each year. All expenses for the organization totaled $69.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED HOUSING AND SERVICES TO THE MEMBERS OF THE LAMBDA CHI ALPHA FRATERNAL ORGANIZATION AT WASHINGTON STATE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Spane President | 2 | $0 | |
Trevor Sodorff Treasurer | 2 | $0 | |
Andrew Talevich Alumni Correspo | 1 | $0 | |
Ryan Pauley Legal Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,150 |
| Total Program Service Revenue | $65,250 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,400 |
| 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 | $1,204 |
| Occupancy, rent, utilities, and maintenance | $20,779 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,562 |
| Total expenses | $69,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,125 |
| Other assets | $0 |
| Total assets | $255,334 |
| Total liabilities | $205,090 |
| Net assets or fund balances | $50,244 |