New Life Youth Sports Organization
- Assets
- $68.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 89
- Location
- Chantilly, VA
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 45-2971114
Organization Overview
New Life Youth Sports Organization, operating under the name The Nzone, is located in Chantilly, VA. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Nzone employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nzone 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, Nzone generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NLYSO PROMOTES AND EDUCATES YOUTH IN SPORTSMANSHIP AND VALUES CONSISTENT WITH ITS RELATED CHARITY, NEW LIFE CHRISTIAN CHURCH ("CHURCH"), AND CREATES SAFE PLACES AND OPPORTUNITIES FOR PEOPLE TO CONNECT WITH EACH OTHER AND DISCOVER GOD. THE ORGANIZATION DIRECTS REVENUE THAT IT RECEIVES TO THE CHURCH. THE ORGANIZATION'S DIRECTORS AND OFFICERS ARE REQUIRED TO BE BOARD MEMBERS OR OFFICERS OF THE CHURCH. THE ORGANIZATION PROVIDES OPPORTUNITIES FOR YOUTH AND AMATEUR ATHLETES TO DEVELOP ATHLETIC SKILLS ACROSS A VARIETY OF SPORTS AND CULTIVATE CHARACTER TRAITS BENEFICIAL TO THEIR COMPETITIVE SPIRIT AND THE COMMUNITY AT LARGE. THESE CHARACTER TRAITS INCLUDE GOOD SPORTSMANSHIP, LEADERSHIP, SELF- DISCIPLINE AND THE ABILITY TO PLAY WELL INDIVIDUALLY AND AS PART OF A TEAM. THESE TRAITS WILL HELP THE ATHLETES NOT ONLY PERFORM BETTER, BUT ALSO BE BETTER MEMBERS OF THE COMUNITY. TO ACCOMPLISH THESE GOALS, THE ORGANIZATION PROVIDES AMATEUR LEAGUES AND OTHER ATHLETIC PROGRAMS TO FOSTER COMPETITION AND SK
Describe the Organization's Program Activity:
Part 3 - Line 4a
NLYSO PROMOTES AND EDUCATES YOUTH IN SPORTSMANSHIP AND VALUES. NLYSO PROVIDES OPPORTUNITIES FOR YOUTH AND AMATEUR ATHLETICS TO DEVELOP ATHLETIC SKILLS ACROSS A VARIETY OF SPORTS AND CULTIVATE CHARACTER TRAITS BENEFICIAL TO THEIR COMPETITIVE SPIRIT AND THE COMMUNITY AT LARGE. TO ACHIEVE THESE GOALS THE ORGANIZATION PROVIDES AMATEUR LEAGUES AND OTHER ATHLETIC PROGRAMS INDOOR TURF FIELDS AND BASKETBALL COURTS FOR INDIVIDUAL AND LEAGUE ATHLETIC TRAINING AND DEVELOPMENT.
NLYSO PROVIDES FITNESS EQUIPMENT, CLASSES AND PHYSICAL TRAINING FOR INDIVIDUALS SEEKING A HEALTHY LIFESTYLE AND WELLNESS. THESE CLASSES, TRAINING AND WELLNESS PROGRAMS HELP ATHLETES GAIN KNOWLEDGE, SKILLS AND INTERNAL MOTIVATION REQUIRED FOR SERVICES TO THE COMMUNITY AT LARGE AND TO BE COMPETITIVE REGIONALLY, NATIONALLY AND INTERNATIONALLY.
OTHER PROGRAM: PROVIDES CLASSES, CAMPS AND CARE FOR CHILDREN, FOCUSED ON SPORTSMANSHIP AND FITNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Andrews President An | OfficerTrustee | 10 | $0 |
Patrick Furgerson Secretary | OfficerTrustee | 10 | $0 |
Ronald Furgerson Director | Trustee | 5 | $0 |
Mark Scheyder Treasurer | OfficerTrustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,500 |
| Investment income | $1 |
| 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 | $1,532,590 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $632,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,225 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,996 |
| 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 | $2,415 |
| Advertising and promotion | $50,606 |
| Office expenses | $25 |
| Information technology | $36,248 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,469 |
| 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 | $13,077 |
| Insurance | $17,895 |
| All other expenses | $0 |
| Total functional expenses | $1,538,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,228 |
| 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 | $18,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,661 |
| Total assets | $68,486 |
| Accounts payable and accrued expenses | $49,487 |
| Grants payable | $0 |
| Deferred revenue | $21,036 |
| 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 | $29,655 |
| Total liabilities | $100,178 |
| 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 | -$31,692 |