Mt Vernon Travel Sports Inc
- Assets
- $1.0
- Revenue
- $153.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Mccordsville, IN
- Founding
- Data as of
- 09/2017
- EIN
- 27-3635156
Organization Overview
Mt Vernon Travel Sports Inc is located in Mccordsville, IN. Mt Vernon Travel Sports 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 09/2017, Mt Vernon Travel Sports Inc generated $153.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $172.3k during the year ending 09/2017. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE YOUTH OF THE MT. VERNON SCHOOL DISTRICT AND THE SURROUNDING COMMUNITY WITH THE OPPORTUNITY TO PARTICIPATE IN AN ORGANIZED YOUTH SPORTS PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVED OVER 300 CHILDREN IN THE MT. VERNON SCHOOL DISTRICT DURING THE FISCAL YEAR BY PROVIDING ATHLETIC PROGRAMS INCLUDING BASKETBALL, BASEBALL, SOFTBALL AND SOCCER. THIS INCLUDED FIXING THE BASEBALL COMPLEX, BUILDING A NEW STORAGE SHED, AND FUNDING 10 ATHLETES TO PLAY IN SPORTS THEY OTHERWISE WOULD NOT HAVE BEEN ABLE TO PARTICIPATE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Bucksot Vice-Preside | Officer | 1 | $0 |
Rance Pearson President | Officer | 2 | $0 |
Chad Hiner Sec/treasure | Officer | 3 | $0 |
Reggie Johnson Director | Trustee | 1 | $0 |
Greg Schultz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,250 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,015 |
| Statement of Expenses | |
|---|---|
| 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 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 | $15,325 |
| Advertising and promotion | $0 |
| Office expenses | $7,689 |
| Information technology | $1,190 |
| Royalties | $0 |
| Occupancy | $88,965 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $172,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mt Vernon Travel Sports Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
James H Wurz Jr And Edward T Wurz Sr Foundation Wilmington, DE PURPOSE: 2017 INDY BLACK SOX TEAM SPONSORSHIP PROGRAM | $500 |
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