Indian Trail Athletic Association
- Assets
- $292.4k
- Revenue
- $498.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Indian Trail, NC
- Founding
- 04/1974
- Data as of
- 06/2022
- EIN
- 23-7295350
Organization Overview
Indian Trail Athletic Association is located in Indian Trail, NC. The organization was established in 1974. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Indian Trail Athletic Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Trail Athletic Association 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 06/2022, Indian Trail Athletic Association generated $498.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $335.7k during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION PROVIDES SPORTS PROGRAMS FOR THE YOUTH OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATIONS PROGRAM PURPOSE IS TO PROVIDESPORTING FACILITIES FOR THE YOUTH OF THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Riley Athletic Director | Officer | 20 | $0 |
Joe Lane President | Officer | 20 | $0 |
Laura Chaffin Vice Presient | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $178,203 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,203 |
| Total Program Service Revenue | $319,374 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,805 |
| Net Income from Gaming Activities | -$900 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $498,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,929 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,026 |
| Insurance | $11,593 |
| All other expenses | $284,785 |
| Total functional expenses | $335,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,239 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $112,111 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,350 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $292,350 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $292,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charleston Educational Excellence Financing Corporation Charleston, SC | $470,920,316 | $46,761,729 |
Charlotte Sports Foundation Charlotte, NC | $17,242,160 | $23,218,983 |
Atlantic 10 Conference Newport News, VA | $60,983,729 | $20,508,241 |
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
Central Intercollegiate Athletic Assn Charlotte, NC | $1,647,093 | $3,002,061 |
575 Sports & Wellness Inc Canton, GA | $1,007,139 | $1,841,153 |
Karate For Christ International Inc Virginia Beach, VA | $231,385 | $1,111,339 |
Cleveland County Alws Baseball Inc Shelby, NC | $1,206,630 | $1,175,426 |
Peach Belt Athetic Conference Inc Martinez, GA | $774,998 | $880,002 |
Vienna Youth Inc Vienna, VA | $5,144,115 | $913,222 |
Carol S Petrea Youth Golf Foundation Inc Shallotte, NC | $2,368,815 | $677,340 |
Dragonfly Capacity Development Memphis, TN | $61,424 | $488,463 |