Maverick Club Inc
- Assets
- $113.4k
- Revenue
- $189.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 31-1059767
Organization Overview
Maverick Club Inc is located in Lafayette, IN. The organization was established in 2017. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maverick Club 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 12/2021, Maverick Club Inc generated $189.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $178.7k during the year ending 12/2021. While expenses have increased by 25.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COLLECT MEMBERSHIP DUES AND OPERATE MCCUTCHEON CONCESSIONS TO SUPPORT THE NEEDS OF MCCUTCHEON HIGH SCHOOL ATHLETIC TEAMS AND GIVE SCHOLARSHIPS TO MCCUTCHEON STUDENT ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING THE NEEDS OF MCCUTHEON HIGH SCHOOL ATHLETIC TEAMS AND THEIR PROGRAMS. THE FOLLOWING PROGRAMS ARE SUPPORTED AND EXPENSES BY PROGRAM. GEN IS GENERAL EXPENSES WHICH INCLUDE TRAVEL, CLINICS, SPECIAL COACHING, INSURANCE, AND ANY OTHER EXPENSES WHICH DO NOT INCLUDE EQUIPMENT AND UNIFORMS.BOYS BASKETBALL GEN $7,197,EQUIPMENT $2,060 UNIFORMS $ 47, TOTAL $ 9,304BOYS SOCCER GEN $2,194,EQUIPMENT $ 377,UNIFORMS $ 874, TOTAL $ 3,445BOYS TENNIS GEN $ 391, UNIFORMS $ 135, TOTAL $ 526BOYS/GIRLS GOLF GEN $ 854,EQUIPMENT $ 2,503,UNIFORMS $3,672 TOTAL $ 7,029BOYS/GIRLS SWIM GEN $ 705,EQUIPMENT $ 1,019,UNIFORMS $3,126 TOTAL $ 4,850BOYS/GIRLS CC GEN $12,241,EQUIPMENT $ 228,UNIFORMS $2,518 TOTAL $14,987CHEER GEN $ 8,388,EQUIPMENT $ 772,UNFORMS $1,019 TOTAL $10,179UNIFIED TEAMS GEN $ 41, UNIFORMS $484, TOTAL $ 525FOOTBALL GEN $18,846,EQUIPMENT $2,313,UNIFORMS $8,401 TOTAL $29,560GIRLS BASKETBALL GEN $ 4,995,EQUIPMENT $ 75,UNIFORMS $5,341 TOTAL $10,411GIRLS SOCCER GEN $ 7,531,EQUIPMENT $1,570,UNIFORMS $1,758 TOTAL $10,859GIRLS TENNIS GEN $ 1,965, UNIFORMS $ 498, TOTAL $ 2,463SOFTBALL GEN $ 1,988,EQUIPMENT $4,558,UNIFORMS $1,572 TOTAL $ 8,118VOLLEYBALL GEN $ 3,418,UNIFORMS $2,691 TOTAL $ 6,109WRESTLING GEN $3,417,EQUIPMENT $1,723,UNIFORMS $ 815 TOTAL $ 5,955BASEBALL GEN $7,977,EQUIPMENT $3,784,UNIFORMS $ 58 TOTAL $11,819BOOSTER GEN $3,112,EQUIPMENT $5,567 TOTAL $ 8,679BOOSTER ACTIVITY BENEFITS AND SUPPORTS VARIOUS SPORTS WHO NEED ASSISTANCECONCESSIONS GEN$28,760 TOTAL $28,760VOLUNTEER HOURS FOR CONCESSIONS IS 400 HOURS FROM THIS GROUP AND IS RUN FOR THE CONVIENCE OF THE PUBLIC WHO ATTENDS THE DIFFERENT SPORTING EVENTSPROGRAMS COSTS FOR 2021 IS $173,578 AND BENEFITED 745 INDIVIDUAL ATHLETES (THIS EXCLUDES SCHOLARSHIP PROGRAM COSTS).
TO PROVIDE SCHOLARSHIPS TO SENIORS TO ASSIST WITH EDUCATION AFTER HIGH SCHOOL. PAYMENTS ARE MADE TO THE SCHOOL. SENIORS ARE SELECTED BASED ON INPUT FROM COACHES AND TEACHERS. FOR 2021 4 SENIORS RECEIVED A TOTAL OF $3,250. ALL ASSISTANCE WENT TO PURDUE UNIVERSITY ON BEHALF OF EACH SENIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Fine President | OfficerTrustee | 2 | $0 |
Marta Crowe Secretary | OfficerTrustee | 1 | $0 |
Steve Farley Treasurer | OfficerTrustee | 1 | $0 |
Kris Lowe Director | OfficerTrustee | 1 | $0 |
Norm Blanchard Vice President | Trustee | 2 | $0 |
Financial Statements
| 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 | $9,428 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,428 |
| Total Program Service Revenue | $177,695 |
| 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 | $2,410 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,250 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,285 |
| All other expenses | $0 |
| Total functional expenses | $178,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,379 |
| 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 |
| 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 | $113,379 |
| 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 | $113,379 |
| 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 | $113,379 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maverick Club Inc has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HUMAN SERVICES | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |