Mountain Amateur Athletic Club Inc
- Assets
- $69.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 56-0099250
Organization Overview
Mountain Amateur Athletic Club Inc is located in Asheville, NC. The organization was established in 1997. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Mountain Amateur Athletic Club 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 12/2022, Mountain Amateur Athletic Club Inc generated $102.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $92.0k during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 8 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
TWO 1,500 SCHOLARSHIPS WERE AWARDED TO GRADUATING HIGH SCHOOL ATHLETES FROM WESTERN NORTH CAROLINA. THE TWO SCHOLARSHIPS WERE PAID DIRECTLY TO THE COLLEGES THAT THE ATHLETES ATTENDED IN THE FALL OF 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Cooper President | 1 | $0 | |
David Cappiello Secretary/tr | 2 | $0 | |
Ann Brandis Board Member | 0.25 | $0 | |
Jack Brinkley Board Member | 0.25 | $0 | |
Jamie Christensen Board Member | 0.25 | $0 | |
Mike Gore Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,969 |
| Total Program Service Revenue | $15,703 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,672 |
| 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 | $343 |
| Other expenses | $63,163 |
| Total expenses | $92,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,343 |
| Other assets | $0 |
| Total assets | $69,401 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,401 |