Cache Valley Basketball Academy And Elite Teams, operating under the name And Elite Teams, is located in Hyde Park, UT. The organization was established in 2010. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. And Elite Teams 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, And Elite Teams generated $163.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $138.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CACHE VALLEY BASKETBALL ACADEMY AND ELITE TEAMS PROVIDES SKILLS TRAINING FOR YOUTH IN A SMALL GROUP SETTING. THE ACADEMY IS OPEN TO ALL SKILL LEVELS FOR CHILDREN AGES 5-18. THE ORGANIZATION ALSO ENCOURAGES SPORTS COMPETITION BY PROVIDING OPPORTUNITIES FOR YOUTH TO COMPETE IN VARIOUS LEAGUES AND TOURNAMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CACHE VALLEY BASKETBALL ACADEMY AND ELITE TEAMS PROVIDES SKILLS TRAINING FOR YOUTH IN A SMALL GROUP SETTING. THE ACADEMY IS OPEN TO ALL SKILL LEVELS FOR CHILDREN AGES 5-18. THE ORGANIZATION ALSO ENCOURAGES SPORTS COMPETITION BY PROVIDING OPPORTUNITIES FOR YOUTH TO COMPETE IN VARIOUS LEAGUES AND TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey W Brimhall Executive Di | OfficerTrustee | 40 | $0 |
Lora Brimhall Treasurer | Officer | 1 | $0 |
Steven J Edwards Chairman | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $163,511 |
Investment income | $71 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $163,582 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $50,447 |
Advertising and promotion | $0 |
Office expenses | $2,254 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,374 |
Travel | $22,808 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $138,638 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,798 |
Savings and temporary cash investments | $160,078 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $181,876 |
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 | $0 |
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 | $181,876 |
Total liabilities and net assets/fund balances | $181,876 |
Organization Name | Assets | Revenue |
---|---|---|
Usa Basketball Colorado Springs, CO | $46,718,605 | $26,707,052 |
National Wheelchair Basketball Association Colorado Springs, CO | $460,123 | $1,032,822 |
Colorado Titans Basketball Club Erie, CO | $120,554 | $938,742 |
Tarkanian Basketball Academy Inc Las Vegas, NV | $1,084,791 | $736,106 |
Sierra Nevada Basketball Inc Reno, NV | $2,943 | $276,310 |
Colorado Basketball Club Lone Tree, CO | $15,936 | $269,740 |
Az Fire Basketball Club Chandler, AZ | $13,934 | $215,931 |
National Junior Basketball Las Vegas, NV | $7,563 | $0 |
Colorado Soar Basketball Greeley, CO | $82,367 | $0 |
Cache Valley Basketball Academy And Elite Teams Hyde Park, UT | $181,876 | $163,582 |
Colorado Miners Inc Denver, CO | $41,982 | $0 |
Amateur Athletic Union Of The United States Inc Tayorsville, UT | $15,054 | $0 |