Teamx Community Sports Inc
- Assets
- $45.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coopersburg, PA
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 20-8033817
Organization Overview
Teamx Community Sports Inc is located in Coopersburg, PA. The organization was established in 2010. 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. Teamx Community Sports 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, Teamx Community Sports Inc generated $188.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $182.1k during the year ending 12/2021. While expenses have increased by 10.2% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE A SPORTS EXPERIENCE WHERE EVERY CHILD ENJOYS THE GAME FREE FROM EXCESSIVE PRESSURES TO WIN, WHILE LEARNING, FUN AND FRIENDSHIP IN A TEAM BUILDING PROCESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Brown President | 40 | $70,746 | |
Patricia Brown Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,480 |
| Total Program Service Revenue | $179,374 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $206 |
| Total Revenue | $188,060 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,200 |
| Professional fees and other payments to independent contractors | $40,362 |
| Occupancy, rent, utilities, and maintenance | $18,303 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $47,060 |
| Total expenses | $182,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,923 |
| Other assets | $0 |
| Total assets | $45,923 |
| Total liabilities | $241 |
| Net assets or fund balances | $45,682 |
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