Columbia Drag Boat Association
- Assets
- $65.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prineville, OR
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 93-1266605
Organization Overview
Columbia Drag Boat Association is located in Prineville, OR. The organization was established in 2009. 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. Columbia Drag Boat Association 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, Columbia Drag Boat Association generated $53.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $60.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 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
ORGANIZE DRAG BOAT RACES FOR MEMBERSHIP AND PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjory Cole Secretary | 2 | $0 | |
Richard Coffman Director | 1 | $0 | |
Darreld Murphy Director | 1 | $0 | |
Michelle Deboard Treasurer | 2 | $0 | |
Tim Tregoning President | 2 | $0 | |
Brian Reinhart Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,420 |
| Total Program Service Revenue | $43,141 |
| Membership dues | $11,350 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,901 |
| Other Revenue | $0 |
| Total Revenue | $53,339 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $14,417 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,383 |
| Total expenses | $60,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,132 |
| Other assets | $0 |
| Total assets | $65,051 |
| Total liabilities | $1,060 |
| Net assets or fund balances | $63,991 |
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