Nantucket Triathlon Club
- Assets
- $50.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 27-3426231
Organization Overview
Nantucket Triathlon Club is located in Nantucket, MA. The organization was established in 2018. 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. Nantucket Triathlon 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 12/2023, Nantucket Triathlon Club generated $33.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.2% each year . All expenses for the organization totaled $25.2k during the year ending 12/2023. While expenses have increased by 29.1% per year over the past 2 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
WE OPERATED THE NANTUCKET HALF MARATHON WITH OVER 500 RUNNERS. IN ADDITION WE CONTRIBUTED $17,500 TO VARIOUS YOUTH SPORTS AND HEALTH CARE NEEDS ON NANTUCKET. WE SUPPORTED THE FREE FAMILY SWIM AT THE NANTUCKET COMMUNITY POOL AND SPONSORED LEARN TO SWIM PROGRAMS AS WELL AS STROKE IMPROVEMENT SESSIONS. IN ADDITION WE SPONSORED A 5K PROGRAM FOR THE SOBRIETY COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle O'dell President | 1 | $0 | |
Jerry Adams Vice President | 1 | $0 | |
James Meehan Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,043 |
| Other Revenue | $0 |
| Total Revenue | $33,543 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,680 |
| Total expenses | $25,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,991 |
| Other assets | $0 |
| Total assets | $49,991 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,991 |