Garrett Sports Inc
- Assets
- $289.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, MD
- Founding
- 11/2007
- Data as of
- 08/2024
- EIN
- 51-0481337
Organization Overview
Garrett Sports Inc is located in Oakland, MD. The organization was established in 2007. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. Garrett Sports 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 08/2024, Garrett Sports Inc generated $129.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $122.5k during the year ending 08/2024. While expenses have increased by 9.0% 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
2024
Describe the Organization's Program Activity:
Part 3
OFFER STRUCTURED WINTER SPORTS TRAINING AND COMPETITION FOR YOUTH AGES 6 TO 21 IN THE MARYLAND/DC AREA. PROVIDE TRAINING FOR APPROX. 85 YOUTHS ON A WEEKLY BASIS FROM DECEMBER THROUGH MARCH. PROVIDE COMPETITION OPPORTUNITIES AT THE WISP SKI RESORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellyann Green President | 8 | $0 | |
Jamie Desjardin Vice President | 2 | $0 | |
Adam Lucas Director | 1 | $0 | |
Krista Rocha Treasurer | 4 | $0 | |
Mike Niesslein Director | 1 | $0 | |
Jocilyn Bergin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,314 |
| Total Program Service Revenue | $40,348 |
| Membership dues | $77,225 |
| Investment income | $759 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,542 |
| Other Revenue | $0 |
| Total Revenue | $129,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,850 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,137 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,561 |
| Total expenses | $122,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,944 |
| Other assets | $0 |
| Total assets | $289,375 |
| Total liabilities | $0 |
| Net assets or fund balances | $289,375 |