Form 990 for tax year 2024
Filed by GOLD CHALLENGE CUP FOUNDATION INC.
Totals
- Total revenue
- $285,741
- Total expenses
- $280,164
- Contributions and grants received
- $276,213
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $9,528
- Total assets, end of year
- $186,465
- Total liabilities, end of year
- $40,000
- Net assets or fund balances, end of year
- $146,465
- Program services expenses (Part IX)
- $269,911
- Management and general expenses
- $10,253
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $269,911
Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$276,213
-
11a · Other revenue: STEWART PROGRAM FEES
total $7,050 · related or exempt $7,050
-
11b · Other revenue: MISCELLANEOUS
total $1,428 · related or exempt $1,428
-
11c · Other revenue: BOARD MEMBER PROGRAM FEES
total $1,050 · related or exempt $1,050
-
11e · Other revenue, total
$9,528
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,125 · management and general $2,125
-
11g · Fees: other
total $248,278 · program services $244,378 · management and general $3,900
-
13 · Office expenses
total $259 · management and general $259
-
17 · Travel
total $25,602 · program services $23,933 · management and general $1,669
-
23 · Insurance
total $66 · management and general $66
-
24a · Other expenses: BANK FEES
total $1,734 · management and general $1,734
-
24b · Other expenses: MISCELLANEOUS
total $1,100 · program services $1,100
-
24c · Other expenses: WEBSITE
total $1,000 · program services $500 · management and general $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $65,713 · end of year $97,715
-
9 · Prepaid expenses and deferred charges
beginning of year $5,500 · end of year $3,750
-
15 · Other assets
beginning of year $85,000 · end of year $85,000
-
17 · Accounts payable and accrued expenses
beginning of year $15,325
-
19 · Deferred revenue
end of year $40,000
-
27 · Net assets without donor restrictions
beginning of year $140,888 · end of year $146,465
Mission and programs · 2024
Mission
PROMOTION AND EDUCATION OF SINGLE SCULL ROW
-
PROMOTION AND EDUCATION ABOUT THE SPORT OF SINGLE SCULL ROWING ON AN AMATEUR LEVEL AMONG THE GENERAL PUBLIC, PARTICULARLY YOUTH, BY HOSTING AN ANNUAL COMPETITION.
Expenses $269,911 · Revenue $276,212
As filed on the 2024 return.
Listed in Part VII
-
Dr Scot FisherDR SCOT FISHER
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
F William McNabb IIIF WILLIAM MCNABB III
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Craig HoffmanCRAIG HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles MurrayCHARLES MURRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca KatzREBECCA KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Van KeurenJENNIFER VAN KEUREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elle CarolanELLE CAROLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda AngelloLINDA ANGELLO
ASSISTANT TR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202531159349302118
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