East Cobb Fastpitch Inc
- Assets
- $384.2k
- Revenue
- $227.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 80-0004777
Organization Overview
East Cobb Fastpitch Inc is located in Marietta, GA. The organization was established in 2002. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. East Cobb Fastpitch 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, East Cobb Fastpitch Inc generated $227.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $176.8k during the year ending 12/2023. While expenses have increased by 11.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH AND DEVELOP FEMALE ATHLETES, AGES 7-18, IN THE SPORT OF FASTPITCH SOFTBALL. THE FEMALE PARTICIPANTS ARE DEDICATED TO COMPETING ON A NATIONAL LEVEL IN ALL AGE GROUPS. ADDITIONALLY, THE GOAL IS TO PROVIDE A HEALTHY ENVIRONMENT FOR THE FEMALE ATHLETES THAT PROMOTES SELF-ESTEEM AND CHARACTER BUILDING. THE PROGRAM STRONGLY PROMOTES A DRUG AND ALCOHOL FREE WAY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED EXTENSIVE COACHING, MENTORING AND HIGH LEVEL TOURNAMENT PLAY TO OVER 900 YOUNG LADIES IN THE SPORT OF FASTPITCH SOFTBALL. AT LEAST 60 PARTICIPANTS RECEIVED ATHLETIC SCHOLARSHIP OFFERS FROM VARIOUS COLLEGES AND UNIVERSITIES DURING 2022, WITH 52 RECEIVING OFFERS AND SCHOLARSHIPS IN 2023 AND 62 RECEIVING OFFERS AND SCHOLARSHIPS IN 2024 AND OVER 1,000 SINCE 1997. MOST OF THESE GIRLS ORDINARILY WOULD NOT HAVE BEEN ABLE TO AFFORD THE COLLEGE EDUCATION AT THESE INSTITUTIONS WITHOUT THE ATHLETIC SCHOLARSHIP ASSISTANCE. THE PROGRAM CONTINUES TO GAIN NATIONAL NOTORIETY BASED ON ITS OVERALL PROGRAM INCLUDING QUALITY COACHING AND PLAYER PERFORMANCE AND THAT CREATES ADDITIONAL ATTENTION FROM COLLEGE COACHES AROUND THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Schnute CEO | Officer | 40 | $60,000 |
David Zinnershine Secretary | Officer | 0 | $0 |
Brandi Sparks President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $209,751 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,930 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,681 |
| Total Program Service Revenue | $0 |
| Investment income | $10,024 |
| 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 | $227,705 |
| 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 | $1,250 |
| 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 | $30 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $675 |
| 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 | $13,418 |
| Total functional expenses | $176,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,857 |
| Savings and temporary cash investments | $285,347 |
| 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 | $990 |
| Other assets | $0 |
| Total assets | $384,194 |
| 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 | $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 | $384,194 |
| Total liabilities and net assets/fund balances | $384,194 |