Phillips Athletic Association Inc is located in Hampton, VA. The organization was established in 1980. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Phillips Athletic Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2024, Phillips Athletic Association Inc generated $47.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $45.6k during the year ending 07/2024. 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
FALL 2023 AND SPRING 2024 WERE HELD. SOME 500 PLAYERS ARE PARTICIPATED IN EACH SEASON. TEN COACHED AND REFERRED GAMES WERE PLAYED BY EACH TEAM. EMPHASIS IS ON LEARNING HOW SOCCER IS PLAYED WITH WEEKLY PRACTICE SESSIONS. LEARNED SKILLS ARE REENFORCED THROUGH THE GAMES. WE EMPHASIZE TEAM PLAY, SPORTSMANSHIP, AND ENJOYING THE SPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Cato President | 10 | $0 | |
Lloyd Cato Treasurer | 0.5 | $0 | |
Mark Taylor Vice President | 0.2 | $0 | |
Dee Williams Secretary | 0.2 | $0 | |
Michael Foley At Large | 0.2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $40,667 |
Investment income | $6,707 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $47,374 |
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 | $14,152 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,493 |
Total expenses | $45,645 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $191,176 |
Other assets | $0 |
Total assets | $191,176 |
Total liabilities | $0 |
Net assets or fund balances | $191,176 |