Corinthians Athletic Club
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 02/2005
- Data as of
- 12/2023
- EIN
- 20-0110208
Organization Overview
Corinthians Athletic Club is located in Colorado Springs, CO. The organization was established in 2005. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corinthians Athletic Club 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 12/2023, Corinthians Athletic Club generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $76.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCCER DEVELOPMENT THROUGH PRACTICE, COACHINGAND COMPETITION FOR YOUTH AND ADULTS. HUNDREDS OF YOUTH ANDDOZENS OF ADULTS PARICIPATE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Flavio A Mazzetti President | 2 | $0 | |
Ignacio Velasquez Vice President | 20 | $0 | |
Varol Tuncay Treasurer | 1 | $0 | |
Lynn Mazzetti Secretary | 1 | $0 | |
Maria Marin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,631 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,631 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,680 |
| Professional fees and other payments to independent contractors | $2,392 |
| Occupancy, rent, utilities, and maintenance | $30,826 |
| Printing, publications, postage, and shipping | $4,313 |
| Other expenses | $18,974 |
| Total expenses | $76,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $642 |
| Other assets | $0 |
| Total assets | $2,642 |
| Total liabilities | $1,273 |
| Net assets or fund balances | $1,369 |