Los Angeles Organization Ofultimate Teams Inc
- Assets
- $261.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-3948006
Organization Overview
Los Angeles Organization Ofultimate Teams Inc is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Los Angeles Organization Ofultimate Teams Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Los Angeles Organization Ofultimate Teams Inc generated $80.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $38.3k during the year ending 12/2021. 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
ORGANIZE LEAGUE PLAY THROUGHOUT THE YEAR FOR LOS ANGELES LOCALS TO PLAY ULTIMATE FRISBEE. APPROXIMATELY 1000 PEOPLE BENEFITTED BY THE LEAGUES THROUGHOUT THE YEAR. ORGANIZATION INCLUDES RENTAL OF FIELD SPACE AND COORDINATION OF SCHEDULING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greta Becker Board Member | 4 | $0 | |
Don Macatangay Board Member | 4 | $0 | |
Chelsea Baldemor Co-Treasurer | 5 | $0 | |
Grant Boyd Vice-President | 5 | $0 | |
Alison Yoho President | 5 | $0 | |
Linda Hamon Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $307 |
| Total Program Service Revenue | $79,761 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,079 |
| 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 | $5,860 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,417 |
| Total expenses | $38,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,400 |
| Other assets | $0 |
| Total assets | $261,400 |
| Total liabilities | $146,249 |
| Net assets or fund balances | $115,151 |
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