Harvest8 Sports Group Inc
- Assets
- $80.4k
- Revenue
- $207.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-2596974
Organization Overview
Harvest8 Sports Group Inc is located in Houston, TX. The organization was established in 2015. According to its NTEE Classification (O54) the organization is classified as: Youth Development - Citizenship, 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. Harvest8 Sports Group 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, Harvest8 Sports Group Inc generated $207.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.5% each year . All expenses for the organization totaled $177.0k during the year ending 12/2022. While expenses have increased by 48.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROGRAM PROVIDES EQUIPMENT AND SUPPLIES FOR PRACTICE AND GAMES FOR YOUTH SOCCER GAMES AND TOURNAMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM PROVIDES EQUIPMENT AND SUPPLIES FOR PRACTICE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $207,914 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,914 |
| Total Program Service Revenue | $0 |
| 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 | $207,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $62,668 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8 |
| Fees for services: Accounting | $797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,560 |
| Office expenses | $1,192 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,971 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $176,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,410 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,015 |
| Total assets | $80,425 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $14,139 |
| Total liabilities | $14,139 |
| Net assets without donor restrictions | $66,286 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $80,425 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Harvest8 Sports Group Inc has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Texans Foundation Houston, TX | $1,317,557 | $2,440,899 |
Teen And Police Service Academy Taps Houston, TX | $70,125 | $395,527 |
Junior Police Academy Of America Austin, TX | $2,371 | $200,747 |
Harvest8 Sports Group Inc Houston, TX | $80,425 | $207,914 |
Im2moro Dallas, TX | $42,764 | $0 |
Longview Teen Court Inc Longview, TX | $81,090 | $0 |
Young Leaders Academy Of Baton Rouge Baton Rouge, LA | $260,941 | $0 |
Kindness From Case Memorial Foundation Inc Fairfield, TX | $79,220 | $0 |
Rightpath Foundation Houston, TX | $5,081 | $1 |
Options Opportunities-The Choice Program Inc Fort Worth, TX | $17,637 | $0 |
New Mexico Boys State Of The American Legion Inc Albuquerque, NM | $9,102 | $6,867 |
Shiloh Homemakers Inc Amite, LA | $0 | $2,167 |