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 08/2021, Team North Carolina generated $93.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $89.1k during the year ending 08/2021. While expenses have increased by 24.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
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 1,000 MEMBERS CURRENTLY BENEFIT FROM THE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Harris President | 15 | $0 | |
Elaine Roberts Vice Pres | 5 | $0 | |
Nick Harris Sec/tres | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $87,065 |
Membership dues | $2,481 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,991 |
Other Revenue | $0 |
Total Revenue | $93,537 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $69,455 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,550 |
Occupancy, rent, utilities, and maintenance | $1,897 |
Printing, publications, postage, and shipping | $649 |
Other expenses | $15,569 |
Total expenses | $89,120 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,566 |
Other assets | $0 |
Total assets | $18,566 |
Total liabilities | $1,826 |
Net assets or fund balances | $16,740 |
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