American Beach Ultimate Association is located in Somers Point, NJ. The organization was established in 2015. According to its NTEE Classification (C40) the organization is classified as: Botanical, Horticultural & Landscape Services, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Beach Ultimate Association 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 12/2023, American Beach Ultimate Association generated $181.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $231.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SPONSOR ULTIMATE BEACH TOURNAMENT, A 3 DAY HIGH QUALITY EVENT FEATURING DIFFERENT DIVISIONS OF CO-ED 4 ON 4 TEAMS FOR ADULTS AND JUNIORS. REVENUE IS ENTRY FEES, CORPORATE SPONSORSHIPS, CONTRIBUTIONS AND ADVERTISING. EXPENSES INCLUDE TOURNAMENT OPERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonard H Dagit Chief Financial | 10 | $5,000 | |
Michael Adlis Director | 10 | $5,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $181,526 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $181,526 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $10,000 |
Professional fees and other payments to independent contractors | $3,930 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $201,940 |
Total expenses | $231,917 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,531 |
Other assets | $0 |
Total assets | $46,531 |
Total liabilities | $0 |
Net assets or fund balances | $46,531 |