Comet Skippers Inc
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mason, OH
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 37-1495403
Organization Overview
Comet Skippers Inc is located in Mason, OH. The organization was established in 2005. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Comet Skippers 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 12/2022, Comet Skippers Inc generated $97.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 4 years. 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
THE COMET SKIPPERS ARE A COMPETITIVE JUMP ROPE TEAM IN MASON, OH. THE COMET SKIPPERS PARTICIPATE IN NUMEROUS CAMPS AND TOURNAMENTS, CONDUCT COMMUNITY EVENTS,PROMOTE PHYSICAL FITNESS, TEAMWORK, SPORTSMANSHIP, AND BUILD SELF- ESTEEM OF ITS MEMBERS. ALL INCOME AND EXPENSES ARE DIRECTLY RELATED TO THE EVENTS ATTENDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Hill Executive Di | 15 | $0 | |
Vikki Robinson President | 20 | $30,000 | |
Joe Schroeder Coach | 10 | $0 | |
Ning Zhang Treasurer | 10 | $0 | |
Kal Patel Coach | 5 | $0 | |
Paula Shuter Consultant | 5 | $150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,136 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,727 |
| Other Revenue | $0 |
| Total Revenue | $97,626 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,608 |
| Total expenses | $91,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,819 |
| Other assets | $0 |
| Total assets | $43,819 |
| Total liabilities | $16,846 |
| Net assets or fund balances | $26,973 |