Knox Youth Sports Inc
- Assets
- $664.1k
- Revenue
- $691.9k
- Investments
- $0.0
- Employees
- 19
- Location
- Knoxville, TN
- Founding
- 06/1987
- Data as of
- 06/2022
- EIN
- 58-1738115
Organization Overview
Knox Youth Sports Inc is located in Knoxville, TN. The organization was established in 1987. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Knox Youth Sports Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knox Youth 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 06/2022, Knox Youth Sports Inc generated $691.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $650.8k during the year ending 06/2022. While expenses have increased by 0.8% 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
KNOX YOUTH SPORTS ORGANIZES AND OPERATES BASEBALL, SOFTBALL, BASKETBALL, FLAG FOOTBALL, AND LACROSSE LEAGUES FOR MORE THAN 2,500 CHILDREN AGES 4-12 EACH YEAR. IN ADDITION, THE ENTITY PROVIDES THESE SAME ACTIVITIES (PLUS GOLF AND SOCCER) TO MENTALLY AND PHYSICALLY DISABLED YOUTHS FROM INNER-CITY NEIGHBORHOODS AT NO CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY ORGANIZED AND CONDUCTED ATHLETIC EVENTS FOR CHILDREN INCLUDING BASEBALL, SOFTBALL, FOOTBALL, SOCCER, AND BASKETBALL LEAGUES AND CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Ragle Former Ed | 40 | $73,675 | |
Brandon Parks Secretary | Trustee | $0 | |
John Winters President | Trustee | $0 | |
Scott Ostendorf Treasurer | OfficerTrustee | $0 | |
Johnathan Johnson Director | Trustee | $0 | |
Renee Sprouse Director | Trustee | $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 | $130,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,683 |
| Total Program Service Revenue | $561,172 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $691,855 |
| 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 | $73,675 |
| Other salaries and wages | $74,165 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,761 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,600 |
| Office expenses | $1,544 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,940 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,281 |
| Insurance | $35,048 |
| All other expenses | $64,843 |
| Total functional expenses | $650,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,647 |
| Savings and temporary cash investments | $84,847 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $861 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $207 |
| Prepaid expenses and deferred charges | $9,304 |
| Net Land, buildings, and equipment | $418,890 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,322 |
| Other assets | $0 |
| Total assets | $664,078 |
| Accounts payable and accrued expenses | $32,229 |
| 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 | $4,507 |
| Total liabilities | $36,736 |
| Net assets without donor restrictions | $627,342 |
| 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 | $664,078 |