Sports Association Of Gaithersburg Inc
- Assets
- $39.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gaithersburg, MD
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 23-7329008
Organization Overview
Sports Association Of Gaithersburg Inc is located in Gaithersburg, MD. The organization was established in 2005. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, 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. Sports Association Of Gaithersburg 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 06/2022, Sports Association Of Gaithersburg Inc generated $85.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $81.9k during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcmillen President | 15 | $0 | |
Jeffrey Rabberman Vice President | 10 | $0 | |
Lisa Harrington Secretary | 10 | $0 | |
Michael Abod Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,250 |
| Total Program Service Revenue | $79,377 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $409 |
| Other Revenue | $0 |
| Total Revenue | $85,036 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $7,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,880 |
| Total expenses | $81,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,131 |
| Other assets | $0 |
| Total assets | $39,131 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,131 |