Tigres Laredo Academy Inc is located in Laredo, TX. The organization was established in 2017. According to its NTEE Classification (N64) the organization is classified as: Soccer, 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. Tigres Laredo Academy 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 12/2018, Tigres Laredo Academy Inc generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.6%) each year. All expenses for the organization totaled $38.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (29.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS FOR WELFARE OF COMMUNITY TO HELP EMPOWER YOUNGATHLETES FROM OUR COMMUNITY BY INCREASING THEIR POTENTIAL IN THE SPORTSOCCER AND HELP THEM REALIZE COLLEGE DREAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marco A Milan President | 4 | $3,000 | |
Daniel A Galvan Secretary | 4 | $3,000 | |
Claudia F Aguirre Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $38,470 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $38,470 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $6,000 |
Professional fees and other payments to independent contractors | $21,680 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,279 |
Total expenses | $37,959 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,773 |
Other assets | $0 |
Total assets | $4,773 |
Total liabilities | $1,695 |
Net assets or fund balances | $3,078 |
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