Sarasota Wave Youth Sports Foundation Incorporated
- Assets
- $36.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 02/2007
- Data as of
- 12/2020
- EIN
- 11-3796686
Organization Overview
Sarasota Wave Youth Sports Foundation Incorporated is located in Bradenton, FL. The organization was established in 2007. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Sarasota Wave Youth Sports Foundation Incorporated 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 12/2020, Sarasota Wave Youth Sports Foundation Incorporated generated $171.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (68.1%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE YOUTH SPORTS IN VOLLEYBALL AND BASKETBALL WITH A STRONG EMPHASIS ON CHARACTER DEVELOPMENT AND PHYSICAL FITNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loren Jackson President | 20 | $0 | |
Paula A Cavitt-Jackson Director | 2 | $0 | |
Ai-Ja Jackson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,975 |
| Total expenses | $2,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $36,535 |
| Total liabilities | $35,215 |
| Net assets or fund balances | $1,320 |
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