Arlington Sports Inc
- Assets
- $11.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 01/1999
- Data as of
- 10/2021
- EIN
- 54-1919237
Organization Overview
Arlington Sports Inc is located in Washington, DC. The organization was established in 1999. According to its NTEE Classification (N71) the organization is classified as: Olympics, 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. Arlington 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 10/2021, Arlington Sports Inc generated $145.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $320.3k during the year ending 10/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
AMATEUR AND PROFESSIONAL BIKE RACES (SEE ATTACHED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Laybourn President | 0 | $14,000 | |
Gred Deweese Director | 0 | $0 | |
Bill Anderson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,239 |
| Total Program Service Revenue | $75,953 |
| Membership dues | $0 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,290 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,198 |
| Professional fees and other payments to independent contractors | $23,439 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $279,678 |
| Total expenses | $320,315 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,875 |
| Other assets | $0 |
| Total assets | $11,404 |
| Total liabilities | $21,270 |
| Net assets or fund balances | -$9,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Washington Partnership Washington, DC | $9,447,960 | $10,396,673 |
Coast Guard Blue Dolphins Swim Club Yorktown, VA | $59,986 | $1,421,830 |
Whaler Nation Inc Chesapeake, VA | $468,975 | $1,126,759 |
Positive Youth Network Inc Ashburn, VA | $333,542 | $382,297 |
Arlington Sports Inc Washington, DC | $11,404 | $0 |
Palma Promotions Inc Mineral, VA | $0 | $0 |
High Performance Equestrian Foundation Middleburg, VA | $15,048 | $0 |