Innovative Athletic Movement is located in Murphy, TX. The organization was established in 2015. According to its NTEE Classification (N20) the organization is classified as: Camps, 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. Innovative Athletic Movement 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 12/2020, Innovative Athletic Movement generated $135.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $135.6k during the year ending 12/2020. While expenses have increased by 18.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE YOUTH SPORTS LEAGUE FOR ABOUT 300 INDIVIDUALS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
Total Program Service Revenue | $120,572 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,572 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $17,385 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $118,188 |
Total expenses | $135,573 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,434 |
Other assets | $0 |
Total assets | $60,521 |
Total liabilities | $0 |
Net assets or fund balances | $60,521 |
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