Tremorsync Inc
- Assets
- $104.7k
- Revenue
- $337.8k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 01/2003
- Data as of
- 04/2024
- EIN
- 30-0121946
Organization Overview
Tremorsync Inc is located in San Francisco, CA. The organization was established in 2003. According to its NTEE Classification (N68) the organization is classified as: Winter 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. Tremorsync 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 04/2024, Tremorsync Inc generated $337.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $315.0k during the year ending 04/2024. While expenses have increased by 11.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE TREMORS YOUTH SYNCHRONIZED ICE SKATING TEAM OF SAN FRANCISCO BAY AREA (TREMORSYNC, INC.) SUPPORTS THE HEALTHY DEVELOPMENT OF CHILDREN AND YOUNG PEOPLE FROM DIVERSE ECONOMIC AND SOCIAL BACKGROUNDS BY PROVIDING QUALITY YOUTH SPORTS OPPORTUNITIES AND A PRODUCTIVE TEAM ENVIRONMENT. THE TREMORS ENABLES YOUTH FROM MANY DIFFERENT BAY AREA NEIGHBORHOODS TO COME TOGETHER, SHARE THEIR PASSION OF ICE SKATING, AND WORK TOWARD A COMMON GOAL. YOUTH FROM THE TENDERLOIN ALL THE WAY TO MARIN FORM LASTING FRIENDSHIPS BASED ON TEAM COMMITMENT, FITNESS, DEDICATION AND CAMARADERIE. THE TREMORS PROVIDES CHILDREN AND YOUTH FROM DIVERSE BACKGROUNDS WITH A CONSTRUCTIVE OUT-OF-SCHOOL ACTIVITY, SUPPORT FROM CARING ADULTS, POSITIVE PEER RELATIONS, AND LEADERSHIP OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAJOR ACCOMPLISHMENTS:THE 2023-2024 WAS THE 25TH SEASON SINCE THE TREMORS WAS FOUNDED. AMONG THE ACCOMPLISHMENTS FOR THIS SEASON WERE:ADDED NEW INTRODUCTORY TEAMS WHICH INTRODUCED MORE THAN 20 SKATERS TO THE SPORT OF SYNCHRONIZED SKATING.PROVIDED SUPPORT FOR 5 FAMILIES TO ENABLE THEIR SKATERS TO PARTICIPATE.CONTRIBUTED TO FUNDRAISING EFFORTS FOR OTHER ICE SKATING ORGANIZATIONS TO CONTINUE EXPANSION OF THE SPORT.CONTINUED SUCCESS IN SYNCHRONIZED SKATING COMPETITION INCLUDING TWO OF OUR TEAMS REPRESENTING THE PACIFIC COAST REGION AT US NATIONAL CHAMPIONSHIPS IN LAS VEGAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Killilea Treasurer | Trustee | 1 | $0 |
Martina Lee Director | Trustee | 1 | $0 |
Sandra Cheung President | Trustee | 1 | $0 |
Lindsey Wolkin Director | Trustee | 1 | $0 |
Chantal Hersey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,551 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,615 |
| Total Program Service Revenue | $328,631 |
| Investment income | $508 |
| 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 | $337,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $373 |
| 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 | $100 |
| Fees for services: Accounting | $1,657 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,514 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,238 |
| 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 | $600 |
| All other expenses | $14,684 |
| Total functional expenses | $314,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,996 |
| Savings and temporary cash investments | $61,371 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,390 |
| 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 | $104,737 |
| Accounts payable and accrued expenses | $9,283 |
| 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 | $2,136 |
| Total liabilities | $11,419 |
| Net assets without donor restrictions | $93,318 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $104,737 |