Five1 Athletics Incorporated

Organization Overview

Five1 Athletics Incorporated is located in Clio, MI. The organization was established in 2016. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Five1 Athletics Incorporated 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 12/2022, Five1 Athletics Incorporated generated $88.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $98.0k during the year ending 12/2022. While expenses have increased by 21.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CREATE A SAFE, HEALTHY FITNESS FACILITY THAT WILL TEACH VOLLEYBALL, AS WELL AS OTHER ATHLETIC ACTIVITIES, TO THE YOUTH AND ADULTS OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED A SAFE, HEALTHY FITNESS FACILITY THAT WILL TEACH VOLLEYBALL, AS WELL AS OTHER ATHLETIC ACTIVITIES, TO THE YOUTH AND ADULTS OF THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Catalano
Trustee
$0
Sandy Catalano
Treasurer
$0
Jackie Hayes
Secretary
$0
Wendy Lasley
Trustee
$0
Eric Lazowski
President
$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$45,068
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$45,068
Total Program Service Revenue$45,495
Investment income $1
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 -$2,139
Miscellaneous Revenue$0
Total Revenue $88,425

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