Amateur Athletic Union Of The United States Inc
- Assets
- $6.1m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 62
- Location
- Miami, FL
- Founding
- 06/2019
- Data as of
- 06/2023
- EIN
- 81-3878918
Organization Overview
Amateur Athletic Union Of The United States Inc is located in Miami, FL. The organization was established in 2019. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Amateur Athletic Union Of The United States Inc employed 62 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amateur Athletic Union Of The United States 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 06/2023, Amateur Athletic Union Of The United States Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $3.6m during the year ending 06/2023. While expenses have increased by 17.7% per year over the past 2 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
DORAL ACADEMY OF NORTH CAROLINA WILL PROVIDE QUALITY INSTRUCTION, HIGH EXPECTATIONS, AND A STANDARD-BASED CURRICULUM WITH A FOCUS ON STEAM. THE SCHOOL WILL PREPARE STUDENTS FOR HIGH ACADEMIC PERFORMANCE, STIMULATE THEIR LIFELONG LOVE OF MATH AND SCIENCE AND CREATE NEW PATHWAYS FOR THEM TO PURSUE ACADEMIC AND PROFESSIONAL CAREERS IN THE FIELDS OF MATH, SCIENCE, ENGINEERING, THE ARTS AND TECHNOLOGY. THE LEARNING ENVIRONMENT WILL SUPPORT THE SCHOOLS MISSION OF DELIVERING AN EXCEPTIONAL EDUCATIONAL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DORAL ACADEMY OF NORTH CAROLINA IS DEDICATED TO PROVIDING A WELL-ROUNDED ACADEMIC CURRICULUM FOR OUTSTANDING STUDENT ACHIEVEMENT WHILE PREPARING STUDENTS TO BECOME CREATIVE PROBLEM SOLVERS BY EMPHASIZING THE INTERCONNECTIONS BETWEEN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH; THEREFORE, PREPARING STUDENTS TO BE READY FOR THE CHALLENGES OF AN EVER-EVOLVING WORLD.FOR THE FISCAL YEAR ENDED JUNE 30, 2023, 330 STUDENTS WERE ENROLLED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Correa Board Chair | OfficerTrustee | 2 | $0 |
Elizabeth Smith Vice-Chair | OfficerTrustee | 2 | $0 |
Calvin Stevens Treasurer / Secretary | OfficerTrustee | 2 | $0 |
Douglas Rodriguez Board Member | Trustee | 2 | $0 |
Cecilia Guilarte Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meteor Education Llc Educational Support Services | 6/29/23 | $296,374 |
Adp Total Source Employee Leasing | 6/29/23 | $1,501,713 |
It Savvy Llc Computer Consulting | 6/29/23 | $179,912 |
Focus Church Facility Leasing | 6/29/23 | $137,519 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,589,114 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,589,114 |
| Total Program Service Revenue | $618,505 |
| Investment income | $34,718 |
| 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 | $4,260,127 |
| 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 | $1,370,695 |
| Pension plan accruals and contributions | $24,886 |
| Other employee benefits | $274,877 |
| Payroll taxes | $0 |
| Fees for services: Management | $214,500 |
| Fees for services: Legal | $5,700 |
| Fees for services: Accounting | $9,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,524 |
| Advertising and promotion | $5,520 |
| Office expenses | $135,336 |
| Information technology | $34,628 |
| Royalties | $0 |
| Occupancy | $495,194 |
| Travel | $868 |
| 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 | $237,138 |
| Insurance | $28,190 |
| All other expenses | $31,613 |
| Total functional expenses | $3,586,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,128,045 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,261 |
| 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 | $201,195 |
| Net Land, buildings, and equipment | $743,941 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,959,817 |
| Total assets | $6,056,259 |
| Accounts payable and accrued expenses | $546,305 |
| 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 | $5,161,417 |
| Total liabilities | $5,707,722 |
| 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 | $348,537 |
| Total liabilities and net assets/fund balances | $6,056,259 |