Carpet Capital Collegiate Classic Foundation Inc
- Assets
- $664.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Face, GA
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 58-1856472
Organization Overview
Carpet Capital Collegiate Classic Foundation Inc is located in Rocky Face, GA. The organization was established in 1990. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Carpet Capital Collegiate Classic Foundation 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 12/2021, Carpet Capital Collegiate Classic Foundation Inc generated $28.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (67.0%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ANNUAL GOLF TOURNAMENT HAS NOT BEEN HELD SINCE 2019 AND THE ORGANIZATION DOES NOT INTEND TO HOLD ANOTHER TOURNAMENT, THEREFORE, THE ORGANIZATION IS DISSOLVING IN 2022.
ANNUAL GOLF TOURNAMENT FOR THE FIFTEEN FOREMOST COLLEGIATE TEAMS IN THE U.S., BENEFITTING THE FRIENDSHIP HOUSE. ALL EXPENSES (SUCH AS MEALS) FOR THE COLLEGIATE TEAMS WERE PAID THROUGH CONTRIBUTIONS. DUE TO THE IMPACTS OF COVID-19, THE ANNUAL GOLF TOURNAMENT WAS NOT HELD DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Newton Chairman | 0.2 | $0 | |
Andy Bargeron Chairman | 0.2 | $0 | |
Ben M Laughter Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28 |
| 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 | $664 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $13,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $664 |
| Other assets | $0 |
| Total assets | $664 |
| Total liabilities | $0 |
| Net assets or fund balances | $664 |
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