Abbington Track Club Inc
- Assets
- $41.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rock, NJ
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 13-4096981
Organization Overview
Abbington Track Club Inc is located in Glen Rock, NJ. The organization was established in 2000. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Abbington Track Club 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, Abbington Track Club Inc generated $52.4k 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 (9.4%) each year. All expenses for the organization totaled $61.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) 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
TO INSTRUCT AND TRAIN INDIVIDUALS IN TRACK AND FIELD, CROSS COUNTRY RUNNING, ROAD RACING, AND OTHER USA TRACK AND FIELD ACTIVITIES. TO PROMOTE THE APPRECIATION OF, TO PARTICIPATE IN, AND TO ARRANGE AND CONDUCT USA TRACK AND FIELD EVENTS. TO CULTIVATE THE IDEALS OF GOOD SPORTSMANSHIP, LOYALTY, AND FAIR PLAY. TO GRANT ATHLETIC SCHOLARSHIPS TO INDIVIDUALS. TO SOLICIT AND RECEIVE CONTRIBUTIONS, GRANTS, DONATIONS, BEQUESTS, AND DEVISES OF PROPERTY OF ALL KINDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Brown II President | 10 | $1,108 | |
Josh Saladino Director | 2 | $0 | |
Mike Glynn Director | 2 | $0 | |
Elizabeth O'brien Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,860 |
| Total Program Service Revenue | $26,221 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,290 |
| Total Revenue | $52,371 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,108 |
| Professional fees and other payments to independent contractors | $13,817 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,702 |
| Total expenses | $61,227 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,414 |
| Other assets | $0 |
| Total assets | $41,414 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,414 |
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