Charlotte Area Ultimate Association
- Assets
- $77.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-3801566
Organization Overview
Charlotte Area Ultimate Association is located in Charlotte, NC. The organization was established in 2007. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Charlotte Area Ultimate 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 12/2022, Charlotte Area Ultimate Association generated $138.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $126.5k during the year ending 12/2022. While expenses have increased by 24.2% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
CHARLOTTE ULTIMATE HOSTED AROUND 20 ULTIMATE EVENTS THROUGHOUT THE YEAR WITH PARTICIPATION FROM APPROXIMATELY 1300 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Gilbert Treasurer | 2 | $0 | |
Kartik Sethuraman President | 2 | $0 | |
Alyssa Belsito Vice President | 1 | $0 | |
Andrew Manca Board Member | 2 | $0 | |
George Bumgardner Board Member | 1 | $0 | |
Angela Petrus Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,817 |
| Total Program Service Revenue | $109,948 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,220 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,219 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $84,717 |
| Total expenses | $126,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,055 |
| Other assets | $0 |
| Total assets | $77,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,055 |