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Nonprofiteer
← SPORT CLUB PORTUGUES INC

Form 990 for tax year 2024

Filed by SPORT CLUB PORTUGUES INC.

Totals

Total revenue
$974,232
Total expenses
$841,241
Contributions and grants received
$26,753
Grants paid
$0
Program service revenue
$755,336
Investment income
$18,859
Other revenue
$173,284
Total assets, end of year
$2,364,303
Total liabilities, end of year
$51,139
Net assets or fund balances, end of year
$2,313,164
Program services expenses (Part IX)
$801,382
Management and general expenses
$39,859
Fundraising expenses
$0
Program service expenses (Part III)
$801,382

Program services were 95.3% 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.

  • 1b · Membership dues

    $6,780

  • 1f · All other contributions, gifts and grants

    $19,973

  • 2a · Program service revenue: CLUB BAR FOR MEMBERS

    total $237,269 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: SCHOOL

    total $116,158 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: CLUB ACTIVITIES FOR MEMBERS

    total $272,005 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: HALL RENTAL

    total $129,904 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $18,859 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $180,971

  • 6b · Less rental expenses

    real property $50,310

  • 6c · Rental income or loss

    real property $130,661

  • 6d · Net rental income or loss

    total $130,661 · related or exempt $130,661

  • 8a · Fundraising events: gross income

    $66,323

  • 8b · Fundraising events: direct expenses

    $23,700

  • 8c · Net income from fundraising events

    total $42,623 · unrelated business $42,623 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $30,982 · program services $30,982 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $3,818 · program services $3,818 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $6,050 · program services $0 · management and general $6,050 · fundraising $0

  • 13 · Office expenses

    total $18,018 · program services $0 · management and general $18,018 · fundraising $0

  • 14 · Information technology

    total $4,993 · program services $4,993 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $28,670 · program services $28,670 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $25,709 · program services $17,996 · management and general $7,713 · fundraising $0

  • 24a · Other expenses: BANK SERVICE CHARGES

    total $4,322 · program services $1,191 · management and general $3,131 · fundraising $0

  • 24b · Other expenses: UTILITIES

    total $52,656 · program services $52,656 · management and general $0 · fundraising $0

  • 24c · Other expenses: TELEPHONE

    total $6,832 · program services $3,416 · management and general $3,416 · fundraising $0

  • 24d · Other expenses: HALL EXPENSE

    total $76,043 · program services $76,043 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $583,148 · program services $581,617 · management and general $1,531 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $788,298 · end of year $925,773

  • 2 · Savings and temporary cash investments

    beginning of year $312,027 · end of year $391,613

  • 4 · Accounts receivable

    beginning of year $14,286 · end of year $24,376

  • 8 · Inventories for sale or use

    beginning of year $34,460 · end of year $39,767

  • 10a · Land, buildings and equipment: cost or other basis

    $2,393,091

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,410,317

  • 10c · Land, buildings and equipment, net

    beginning of year $1,011,261 · end of year $982,774

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,950 · end of year $51,139

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,112,382 · end of year $2,313,164

Mission and programs · 2024

Mission

SEE STATEMENT #1

  • THE ORGANIZATION PROVIDES A SOCIAL CLUB, DANCES, FOLKLORE FESTIVALS AND SOCIAL ACTIVITIES TO ITS MEMBERS

    Expenses $676,534 · Revenue $116,158

  • THE ORGANIZATION OPERATES A SCHOOL PROVIDING FOREIGN LANGUAGE AND CULTURAL INSTRUCTION TO ABOUT 125 MEMBERS

    Expenses $115,724 · Revenue $855,842

  • THE ORGANIZATION ALSO PROVIDES VARIOUS SPORTS ACTIVITIES TO ITS MEMBERS

    Expenses $9,124 · Revenue $2,322

As filed on the 2024 return.

Listed in Part VII

  • JACK COSTA

    PRESIDENT-ASSEMBLY

    Total calculated
    $0
    Hours/week
    10
  • CARLOS COUTO

    VICE PRESIDENT-ASSEMBLY

    Total calculated
    $0
    Hours/week
    5
  • MARIA do CARMO PEREIRA

    SECRETARY-ASSEMBLY

    Total calculated
    $0
    Hours/week
    5
  • SUSANA CAETANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • TONY GOMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • ISABEL MANATA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • RAFAELA GRACA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CLAUDIA SILVA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • LILIAN CERQUEIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • RUBINA ROCHA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JESSICA FRANCO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • VICTOR FONSECA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ANTONIO FERREIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • JACK FERREIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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
14 November 2025
IRS schema version
2024v5.2
Source object
202523219349305382

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