Welcome Athletic Booster Association is located in Welcome, NC. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Welcome Athletic Booster Association 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, Welcome Athletic Booster Association generated $80.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $61.3k during the year ending 08/2021. While expenses have increased by 5.1% 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
PROVIDED FUNDS FOR YOUTH ATHLETIC PROGRAMS INCLUDING SOCCER, FOOTBALL, CHEERLEADING, BASKETBALL, BASEBALL AND SOFTBALL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chad Minton President | 15 | $0 | |
Tatum Pope Secretary | 15 | $0 | |
Allyson Spivey Treasurer | 15 | $0 | |
Tom King Vice President | 15 | $0 | |
Stacy Hull Board Member | 1 | $0 | |
Hannah Potter Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $77,198 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,262 |
Other Revenue | $0 |
Total Revenue | $80,322 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $16,404 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $44,043 |
Printing, publications, postage, and shipping | $418 |
Other expenses | $0 |
Total expenses | $61,265 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,919 |
Other assets | $0 |
Total assets | $180,023 |
Total liabilities | $71,866 |
Net assets or fund balances | $108,157 |
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