The information for Centro Calcio Italiano Corp is as of the organization's most recent filing in March 2020. This organization is located in West Babylon, NY and has been in existence for 4 years since its founding in 2016.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Centro Calcio Italiano Corp's NTEE code is N64. The "N" tells us that the organization is classified along with Recreation & Sports. The "64" tells us that the organization is a Soccer organization. The NTEE describes Soccer organizations as those that provide opportunities for people to learn and become competitive in soccer. Coaching, access to a soccer field, soccer equipment, uniforms, and officials for competitions are generally included. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.
Centro Calcio Italiano Corp has grown over the past three years. The total revenue increased from $23.0K in 2016 to $24.1K in 2019. This increase in total revenue shows that the organization has grown during this time period.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,125 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,125 |
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 | $8,954 |
Occupancy, rent, utilities, and maintenance | $18,175 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,384 |
Total expenses | $29,513 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $925 |
Other assets | $0 |
Total assets | $925 |
Total liabilities | $0 |
Net assets or fund balances | $925 |
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