Algonquin Area Youth Organization Inc
- Assets
- $114.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algonquin, IL
- Founding
- 07/1974
- Data as of
- 08/2023
- EIN
- 23-7353007
Organization Overview
Algonquin Area Youth Organization Inc is located in Algonquin, IL. The organization was established in 1974. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Algonquin Area Youth Organization 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 08/2023, Algonquin Area Youth Organization Inc generated $134.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $127.4k during the year ending 08/2023. While expenses have increased by 2.7% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
THE AAYO USUALLY SERVES OVER 250 FAMILIES IN THE ALGONQUIN IL AREA. BOYS AND GIRLS AGES 6-16 ARE TAUGHT THE VALUE OF TRAINING SPORTSMANSHIP AND COMPETITION. THE AAYO IS 100% VOLUNTEER-BASED AND ALL REVENUE GENERATED FROM REGISTRATION FEES IS USED TO PURCHASE EQUIPMENT RENT FIELDS FROM THE TOWN FOR PRACTICES AND GAMES BUY UNIFORMS PROCURE INSURANCE AND HOLD PRACTICES AND GAMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin Covarrubias Commissioner | 15 | $0 | |
David Anderson Treasurer | 15 | $0 | |
Maria Rosenwald Secretary | 10 | $0 | |
Natalie Heller Registration Director | 5 | $0 | |
Nathan Delp Baseball Director | 10 | $0 | |
Tony Minasola Softball & Travel Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,013 |
| Total Program Service Revenue | $101,580 |
| Membership dues | $0 |
| Investment income | $129 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,413 |
| Total Revenue | $134,135 |
| 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 | $23,617 |
| Printing, publications, postage, and shipping | $393 |
| Other expenses | $103,405 |
| Total expenses | $127,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,357 |
| Other assets | $0 |
| Total assets | $114,851 |
| Total liabilities | $29,476 |
| Net assets or fund balances | $85,375 |