Multisportmadness Kids Inc
- Assets
- $17.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dundee, IL
- Founding
- 08/2004
- Data as of
- 10/2022
- EIN
- 32-0085062
Organization Overview
Multisportmadness Kids Inc is located in Dundee, IL. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multisportmadness Kids 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 10/2022, Multisportmadness Kids Inc generated $78.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $70.5k during the year ending 10/2022. While expenses have increased by 1.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TRAIN AND DEVELOP YOUTH TO COMPETE IN TRIATHLONS. THE TEAM WON THE MIXED TEAM RELAY NATIONAL CHAMPIONSHIP, INDIVIDUAL JUNIOR WOMEN NATIONAL CHAMPION AND SECOND OVERALL IN NATIONAL JUNIOR RANKINGS. THIS YEAR'S SIGNING CLASS INCLUDES 3 FEMALES EARNING DIVISION I TRIATHLON SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Giuliano Director | 25 | $8,850 | |
John Lorenz Director | 10 | $0 | |
Tracy Lorenz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,999 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,155 |
| 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 | $70,479 |
| Total expenses | $70,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,063 |
| Other assets | $0 |
| Total assets | $17,063 |
| Total liabilities | $1,150 |
| Net assets or fund balances | $15,913 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Multisportmadness Kids Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Elliott Family Foundation Elburn, IL PURPOSE: GENERAL CHARITABLE SUPPORT | $10,000 |
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