The Glenarden Track Club
- Assets
- $16.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lanham, MD
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 52-1610009
Organization Overview
The Glenarden Track Club is located in Lanham, MD. The organization was established in 1989. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Glenarden Track Club 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, Glenarden Track Club generated $45.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 7 years. 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
PREPARED YOUTH AGES 6 - 18 FOR PARTICIPATION IN USA TRACK AND FIELD EVENTS. PROVIDED UNIFORMS TRAINING EVENT REGISTRATION FEES AND SUPPLIES AS REQUIRED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence I Colbert President | 20 | $0 | |
Lemuel Proctor Treasurer | 10 | $0 | |
Phillip Barrett Business Manager | 20 | $0 | |
Elenora Battle Secretary | 10 | $0 | |
Henry Mccallum Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,652 |
| 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 | $45,652 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $49,623 |
| Total expenses | $49,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,762 |
| Other assets | $0 |
| Total assets | $16,762 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,762 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Glenarden Track Club has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Verizon Foundation Basking Ridge, NJ PURPOSE: VIP PAYOUT FOR 07/25/21 | $750 |
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National Collegiate Rugby Organization Inc Wilmington, DE | $82,012 | $1,426,053 |
Tidewater Volleyball Association Virginia Beach, VA | $336,915 | $1,476,950 |
West Virginia Golf Association Charleston, WV | $499,772 | $1,388,651 |
Maryland State Golf Association Lutherville, MD | $1,206,835 | $1,229,130 |
Pittsburgh Elite Volleyball Association Pittsburgh, PA | $538,474 | $1,020,631 |
Masters Of Foxhounds Association Of America Middleburg, VA | $2,068,253 | $696,709 |
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