Carolina Bowl is located in Inman, SC. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Bowl 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, Carolina Bowl generated $431.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $317.4k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIFE SKILL DEVELOPMENT OPPORTUNITIES AND CREATE AN ENVIRONMENT OF ATHLETIC GREATNESS THROUGH YOUTH SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD CAROLINA BOWL YOUTH SHOWCASE FOOTBALL GAME IN DURHAM, NC. HAD 193 ATHLETES, 47 COACHES AND 42 VOLUNTEERS WITH PRACTICE BEING HELD AT DUKE UNIVERSITY. HELD CAROLINA BOWL SENIOR SHOWCASE FOOTBALL GAME IN GAFFNEY, SC. HAD 88 ATHLETES, 24 COACHES AND 51 VOLUNTEERS. GAMES WERE HELD AT GAFFNEY HIGH SCHOOL AND PRACTICE WAS HELD AT BLACKSBURG HIGH SCHOOL AND LIMESTONE UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jimmy Staton Chairman | OfficerTrustee | $0 | |
Frannie Stickman Secretary | OfficerTrustee | $0 | |
Dave Walters Treasurer | OfficerTrustee | $0 | |
Freddie Brown Vice Chairma | OfficerTrustee | $0 | |
Todd Helms Board Member | Trustee | $0 |
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 | $110,795 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $110,795 |
Total Program Service Revenue | $320,431 |
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 | $431,226 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,050 |
Advertising and promotion | $0 |
Office expenses | $51,658 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,536 |
Travel | $54,838 |
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 | $1,663 |
All other expenses | $491 |
Total functional expenses | $317,405 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,214 |
Savings and temporary cash investments | $0 |
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 | $0 |
Other assets | $19,053 |
Total assets | $119,267 |
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 | $25,303 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $25,303 |
Net assets without donor restrictions | $93,964 |
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 | $119,267 |
Over the last fiscal year, we have identified 1 grants that Carolina Bowl has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Durham Sports Commission Durham, NC | | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
Durham Childrens Initiative Durham, NC | $2,025,864 | $2,503,533 |
Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |
Childrens Cancer Partners Of The Carolinas Inc Spartanburg, SC | $2,472,941 | $2,689,678 |
Urbanpromise Charlotte Charlotte, NC | $1,805,956 | $3,303,316 |
Future Foundation Inc Atlanta, GA | $453,569 | $1,952,212 |