Mustang Club
- Assets
- $99.6k
- Revenue
- $464.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 01/2001
- Data as of
- 06/2022
- EIN
- 56-2016970
Organization Overview
Mustang Club is located in Charlotte, NC. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mustang 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 06/2022, Mustang Club generated $464.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $491.6k during the year ending 06/2022. While expenses have increased by 9.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF THE ATHLETIC PROGRAM AT MYERS PARK HIGH SCHOOL IN CONJUNCTION WITH THE OPERATION OF THE MYERS PARK HIGH SCHOOL BOOSTER CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ATHLETIC TEAMS WITH FIELD RENTAL, REFEREE AND SECURITY FEES, REGISTRATION FEES AND DUES, EQUIPMENT MAINTENANCE AND PURCHASES, FIELD MAINTENANCE, UNIFORMS, SPIRIT WEAR, TRAINING, CAMPS AND TRAVEL.
PROMOTES SCHOOL SPIRIT BY RAISING FUNDS TO PROVIDE ATHLETIC TEAMS WITH RENOVATED FIELDS, EQUIPMENT AND UNIFORMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Chris Curtis President | OfficerTrustee | 0 | $0 |
Mandi Keith Bell President Elect | OfficerTrustee | 0 | $0 |
Ali Price Asst. Treasurer | OfficerTrustee | 0 | $0 |
Sara Plyler Treasurer | OfficerTrustee | 0 | $0 |
Carrie Hanson Secretary | OfficerTrustee | 0 | $0 |
Brian Poore Athletic Dir. | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $65,370 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,699 |
| Total Program Service Revenue | $0 |
| Investment income | $140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $68,297 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $464,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,468 |
| Advertising and promotion | $0 |
| Office expenses | $2,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $31,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $83,068 |
| Total functional expenses | $491,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,636 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $99,636 |
| Accounts payable and accrued expenses | $1,084 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,084 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $98,552 |
| Total liabilities and net assets/fund balances | $99,636 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mustang Club has recieved totaling $950.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Youth Leadership Inc Vass, NC | $7,695,228 | $7,596,341 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Coalition For Kids Inc Johnson City, TN | $1,061,508 | $1,620,502 |
Boys & Girls Clubs Of York County Inc Rock Hill, SC | $405,637 | $1,018,043 |
Boys And Girls Club Of Transylvania County Inc Brevard, NC | $5,160,904 | $1,796,583 |
Lionheart Incorporated Fredericksburg, VA | $461,193 | $1,334,314 |
In The City Camp Inc Atlanta, GA | $210,512 | $1,428,732 |
Boys & Girls Clubs Of The Piedmont Inc Statesville, NC | $4,265,356 | $1,450,077 |
Youth Encouragement Services Inc Nashville, TN | $3,874,177 | $2,149,460 |
Coastal Futbol Alliance Inc Murrells Inlet, SC | $530,031 | $1,157,275 |
Boys & Girls Clubs Of North Georgia Jasper, GA | $3,145,033 | $1,484,721 |