Cherokee Athletics
- Assets
- $209.6k
- Revenue
- $62.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Gaffney, SC
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 57-0824069
Organization Overview
Cherokee Athletics is located in Gaffney, SC. The organization was established in 1990. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Cherokee Athletics 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 12/2021, Cherokee Athletics generated $62.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 53.8% each year . All expenses for the organization totaled $5.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FORM A LITTLE LEAGUE SPORTS ASSOC THAT WILL PROVIDE A RECREATION OUTLET WITH EMPHASIS BEING ON LOCAL LEAGUE PLAY RATHER THAN TOURNAMENT PLAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE OPORTUNITY FOR CHILDREN OF COMMUNITY TOBE ABLE TO PARTICIPATE IN LITTLE LEAGUE SPORTS ANDPROVIDE COMMUNITY SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Driskell Board Member | Officer | 15 | $0 |
Marc Camp Vice President | Officer | 25 | $0 |
Terry Belue President | Officer | 25 | $0 |
Sally Smith Sec Treasurer | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,392 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,392 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $42,628 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,025 |
| 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 | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $226 |
| All other expenses | $0 |
| Total functional expenses | $5,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,251 |
| Savings and temporary cash investments | $29,341 |
| 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 | $209,592 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $209,592 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $209,592 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cherokee Athletics has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Celanese Foundation Irving, TX PURPOSE: CHARITABLE CONTRIBUTION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Pines Country Club Inc Hilton Head Island, SC | $17,466,961 | $9,158,172 |
Atlanta Country Club Inc Marietta, GA | $25,768,489 | $8,068,669 |
Athens Country Club Inc Athens, GA | $21,763,288 | $8,069,383 |
Biltmore Forest Country Club Inc Asheville, NC | $27,543,871 | $8,724,256 |
St Ives Country Club Incorporated Duluth, GA | $14,181,586 | $10,696,895 |
Cape Fear Country Club Inc Wilmington, NC | $25,223,257 | $10,275,748 |
Highlands Country Club Inc Highlands, NC | $31,203,416 | $9,314,948 |
Thornblade Club Inc Greer, SC | $15,138,104 | $8,196,454 |
Green Island Country Club Inc Columbus, GA | $9,465,625 | $8,284,132 |
Elk River Club Banner Elk, NC | $20,822,745 | $9,930,284 |
The Country Club Of Sapphire Valley Inc Cashiers, NC | $23,447,358 | $10,087,143 |
Hope Valley Country Club Inc Durham, NC | $9,762,574 | $6,889,806 |