Academy Kentron Usa Inc
- Assets
- $1.3m
- Revenue
- $736.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 61-1632308
Organization Overview
Academy Kentron Usa Inc is located in Glendale, CA. The organization was established in 2018. According to its NTEE Classification (N02) the organization is classified as: Management & Technical Assistance, 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. Academy Kentron USA 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 12/2023, Academy Kentron USA Inc generated $736.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $432.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH SPORTS ACTIVITIES CONDUCTED TO PROMOTE WELLNESS IN HEALTH AND EMOTIONAL WELL-BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Galadjian President | 5 | $0 | |
Ara Kozanian Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $716,964 |
| Interest on Savings | $19,878 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $736,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $214,238 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,366 |
| Depreciation | $0 |
| Occupancy | $110,007 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,266 |
| Total operating and administrative expenses | $419,355 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $432,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,803 |
| Savings and temporary cash investments | $1,019,878 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,298,681 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Academy Kentron Usa Inc has awarded $13,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
URARTU INC PURPOSE: DONATION | $500 |
CHAMLIAN ARMENIAN SCHOOL PURPOSE: DONATION | $6,500 |
AVGCC PURPOSE: DONATION | $1,000 |
ROSA AND ALEX PILIBOS ARMENIAN SCHOOL PURPOSE: DONATION. | $2,500 |
HOMENETMEN GLENDALE ARARAT PURPOSE: DONATION | $1,000 |
HOVSEPIAN SCHOOL PURPOSE: DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Kentron Usa Inc Glendale, CA | $1,298,681 | $736,842 |
Northern Section California Interscholastic Federation Chico, CA | $838,053 | $713,778 |
The San Jose Arena Authority San Jose, CA | $139,166 | $344,592 |
Universal Play Disc Golf Eugene, OR | $70,269 | $0 |
California Collegiate League Moorpark, CA | $181,085 | $249,104 |
Council For Responsible Sport Inc Chico, CA | $53,612 | $0 |
Everybody Healthy Body Chico, CA | $67,457 | $0 |
Northern California Officials Association Sacramento Section Sacramento, CA | $106,715 | $0 |
We Care-Tulare Inc Tulare, CA | $0 | $34,512 |
Life Sports Foundation Poway, CA | $26,891 | $0 |
Friends Of Coconino County Parks Flagstaff, AZ | $95,199 | $0 |