Garrett Sports Inc
- Assets
- $241.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, MD
- Founding
- 11/2007
- Data as of
- 08/2022
- 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 08/2022, Garrett Sports Inc generated $166.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $91.6k during the year ending 08/2022. While expenses have increased by 7.5% per year over the past 7 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
2022
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 |
|---|---|---|---|
Krista Roche Vice President | 2 | $0 | |
Shannon Kumpfmiller Director | 1 | $0 | |
John Hilbert Treasurer | 4 | $0 | |
Sheena Murphy Director | 1 | $0 | |
Klaus Schmidt Director | 1 | $0 | |
Ryan Eckel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,457 |
| Total Program Service Revenue | $27,684 |
| Membership dues | $53,475 |
| Investment income | $153 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,257 |
| Other Revenue | $0 |
| Total Revenue | $166,026 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,013 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,550 |
| Total expenses | $91,563 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,360 |
| Other assets | $0 |
| Total assets | $241,104 |
| Total liabilities | $0 |
| Net assets or fund balances | $241,104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Snider Youth Hockey Foundation Philadelphia, PA | $28,385,883 | $5,044,142 |
Montgomery County Amateur Hockey Association Inc Potomac, MD | $3,343,372 | $2,278,978 |
Pittsburgh Penguins Elite Amateur Hockey Pittsburgh, PA | $526,946 | $2,570,843 |
Wissahickon Skating Club Chestnut Hill, PA | $3,982,053 | $1,850,289 |
Virginia Express Hockey Club Woodbridge, VA | $222,139 | $1,426,605 |
Dc Edge Adult Synchronized Skating Teams Gaithersburg, MD | $155,122 | $1,097,820 |
Airport Artic Foxes Youth Hockey Association Pittsburgh, PA | $39,562 | $1,030,241 |
Washington Little Capitals Inc Lorton, VA | $231,536 | $900,082 |
Nelson Hockey Association Inc Crownsville Road, MD | $882,074 | $1,451,611 |
757swim Inc Williamsburg, VA | $3,007,420 | $1,144,096 |
Ashburn Travel Hockey Inc Ashburn, VA | $222,064 | $951,303 |
Pentagon Ski Club Brookeville, MD | $348,298 | $748,037 |