Elite Program Inc is located in Ruston, LA. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elite Program Inc 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 12/2021, Elite Program Inc generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $15.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 7 years. 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
APPLICANTS ARE GIVEN TRAINING WHICH INCLUDES SAFETY PROCEDURES TRAINEES ADVANCE TO CERTIFICATION AS RACETRACK GROOMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Petramalo Jr President | 0 | $0 | |
Wendy Davis Vice President | 0 | $0 | |
Liane Hart Secretarytreasurer | 0 | $0 | |
C Reid Mclellan Jr Executive Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
Total Program Service Revenue | $4,299 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $18,299 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $684 |
Printing, publications, postage, and shipping | $57 |
Other expenses | $15,205 |
Total expenses | $15,946 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,390 |
Other assets | $0 |
Total assets | $14,390 |
Total liabilities | $0 |
Net assets or fund balances | $14,390 |
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