Metro Youth Sports Inc
- Assets
- $12.6k
- Revenue
- $327.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 08/1988
- Data as of
- 07/2020
- EIN
- 35-1515056
Organization Overview
Metro Youth Sports Inc is located in Fort Wayne, IN. The organization was established in 1988. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metro Youth 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 07/2020, Metro Youth Sports Inc generated $327.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $318.2k during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
RECREATION FOR CENTRAL CITY YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SPORTS PROGRAMS FOR CENTRAL CITY YOUTHS BETWEEN THE AGES OF SEVEN AND FIFTEEN. THE ORGANIZATION ALSO PROVIDES A PLACE FOR CITY YOUTH TO DEVELOP PERSONAL, SOCIAL, AND PSYCHOLOGICAL SKILLS SO THEY MAY BECOME A POSITIVE INFLUENCE IN THE COMMUNITY. DURING THE FISCAL YEAR, 1,060 YOUTHS PARTICIPATED IN FOOTBALL OR CHEERLEADING PROGRAMS, 220 PARTICIPATED IN A FOOTBALL CLINIC, 645 WERE PROVIDED FREE SPORTS PHYSICALS, AND 1,150 PARTICIPATED IN AN ANNUAL JAMBOREE.
THE ORGANIZATION PROVIDES SPORTS PROGRAMS FOR CENTRAL CITY YOUTHS BETWEEN THE AGES OF SEVEN AND FIFTEEN. THE ORGANIZATION ALSO PROVIDES A PLACE FOR CITY YOUTH TO DEVELOP PERSONAL, SOCIAL, AND PSYCHOLOGICAL SKILLS SO THEY MAY BECOME A POSITIVE INFLUENCE IN THE COMMUNITY. DURING THE FISCAL YEAR, 1,060 YOUTHS PARTICIPATED IN FOOTBALL OR CHEERLEADING PROGRAMS, 220 PARTICIPATED IN A FOOTBALL CLINIC, 645 WERE PROVIDED FREE SPORTS PHYSICALS, AND 1,150 PARTICIPATED IN AN ANNUAL JAMBOREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Winters President | OfficerTrustee | 15 | $9,750 |
Tom Macon Treasurer | OfficerTrustee | 15 | $9,350 |
Neal Simmons Coach | Trustee | 0 | $3,350 |
Sonja Jackson Director | Trustee | 0 | $0 |
Carolyn Gates Gray Director | Trustee | 0 | $0 |
Peter Hill Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,973 |
| 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 | $327,302 |
| 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. | $22,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,800 |
| 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 | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,880 |
| Office expenses | $2,439 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,240 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,856 |
| Insurance | $10,643 |
| All other expenses | $0 |
| Total functional expenses | $318,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,955 |
| 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 | $2,483 |
| 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 | $12,567 |
| Accounts payable and accrued expenses | $11,749 |
| 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 | $7,000 |
| Other liabilities | $0 |
| Total liabilities | $18,749 |
| 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 | -$6,182 |
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