First Break Academy is located in Manhattan Beach, CA. The organization was established in 2014. 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. First Break Academy 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, First Break Academy generated $145.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $107.7k 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
PROVIDES AFTER-SCHOOL TENNIS INSTRUCTION, FROM BEGINNER TO ADVANCED LEVELS, COMPETITION-PLAY AS PART OF THE UNITED STATES TENNIS ASSCOIATION'S JUNIOR TEAM TENNIS PROGRAM, SUMMER TENNIS EDUCATION PROGRAMS, ON-SITE COACHING PLAY AT PUBLIC ELEMENTARY SCHOOLS EVERY WEEK, AND COMMUNITY EVENTS DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dylan Holt Treasurer | 1 | $0 | |
Marc Lucero Director | 1 | $0 | |
Terri Premeaux Director | 1 | $0 | |
Joe Chrisman Director | 1 | $0 | |
Barbara Oliker Director | 1 | $0 | |
Camelia Hudley Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $76,975 |
Total Program Service Revenue | $6,350 |
Membership dues | $0 |
Investment income | $3,123 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $59,480 |
Total Revenue | $145,928 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,000 |
Professional fees and other payments to independent contractors | $26,708 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $9 |
Other expenses | $75,990 |
Total expenses | $107,707 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $324,990 |
Other assets | $0 |
Total assets | $324,990 |
Total liabilities | $5,556 |
Net assets or fund balances | $319,434 |