Team North Carolina
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherrills Ford, NC
- Founding
- 01/2010
- Data as of
- 08/2023
- EIN
- 01-0922275
Organization Overview
Team North Carolina is located in Sherrills Ford, NC. The organization was established in 2010. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Team North Carolina is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Team North Carolina generated $21.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $40.7k during the year ending 08/2023. 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
PROVIDE ADMINISTRATIVE SERVICES AND FINANCIAL ASSISTANCE FOR THE ANNUAL STATE CHAMPIONSHIP FOR GYMNASTICS AS WELL AS HOST ANNUAL COMPETITIONS. APPROXIMATELY 1,700 MEMBERS CURRENTLY BENEFIT FROM THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Harris President | 25 | $0 | |
Elaine Roberts Vice Pres | 5 | $0 | |
Nick Harris Sec/tres | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,501 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,595 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,949 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,684 |
| Occupancy, rent, utilities, and maintenance | $962 |
| Printing, publications, postage, and shipping | $493 |
| Other expenses | $26,620 |
| Total expenses | $40,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,483 |
| Other assets | $0 |
| Total assets | $11,483 |
| Total liabilities | $4,293 |
| Net assets or fund balances | $7,190 |