BACHELOR BENEDICT SOCIAL CLUB

EIN: 541953419 Recreation & Sports

NORFOLK, VA

Total Revenue
$6,400
Total Expenses
$4,615
Total Assets
$22,967
Net Assets
$22,967
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1933
Principal Officer
PAUL WRIGHT
Phone
7574246150
Tax Period
2020-01-01 to 2020-12-31

BACHELOR BENEDICT SOCIAL CLUB OF NK, founded in 1933, is a micro nonprofit in the Recreation & Sports sector that reported $17K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $6K, a strong 35% operating margin.

Mission

THE OBJECTIVE OF THE CLUB IS TO PROMOTE AND ECCOURGE A SOCIAL ATMOSPHERE AMOUNG MEN OF LIKE IDEALS TO HELP THE UNDERSERVED.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $6,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,615
TOTAL EXPENSES $4,615

Year-over-Year Comparison

2020 2019 Change
Revenue $6,400 N/A N/A
Expenses $4,615 N/A N/A
Net Income $1,785 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDRE YEAGER PRESIDENT 2
Officer
$0 $0 $0
CORNELL HENDRICK VICE PRESIDENT 2
Officer
$0 $0 $0
FLOYD PETERSON SECRETARY 2
Officer
$0 $0 $0
PAUL L WRIGHT TREASURER 2
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $6,400 $4,615 $22,967 $1,785
2019 $11,699 $11,276 $21,182 $423
2018 $16,595 $10,732 $20,759 $5,863
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