Speed City Summer Track Club is located in Birmingham, AL. 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. Speed City Summer Track 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 12/2019, Speed City Summer Track Club generated $64.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $58.5k during the year ending 12/2019. While expenses have increased by 1.8% 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
2019
Describe the Organization's Program Activity:
Part 3
MOTIVATE ATHLETES TO ACHIEVE LEADERSHIP, DISCIPLINE & INTEGRITY THROUGH THE SPORT OF TRACK AND FIELD, DESIGNED TO MEET THE NEEDS OF PARTICIPANTS, REGARDLESS OF PERFORMANCE LEVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bobby Humphrey President | 16 | $0 | |
Kenneth May VP | 1 | $0 | |
Barbara Humphrey Head Coach | 20 | $0 | |
Sheneka Hall Asst Secretary | 2 | $0 | |
Tracy Webb Secretary | 2 | $0 | |
Wanda Sheffield Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $64,184 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $64,193 |
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 | $300 |
Occupancy, rent, utilities, and maintenance | $1,830 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $56,404 |
Total expenses | $58,534 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,109 |
Other assets | $0 |
Total assets | $19,109 |
Total liabilities | $0 |
Net assets or fund balances | $19,109 |
Over the last fiscal year, we have identified 1 grants that Speed City Summer Track Club has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Sumnersnelsonthompson Foundation Birmingham, AL PURPOSE: GENERAL CONTRIBUTION | $10,000 |
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