I Am 24 7
- Assets
- $1.1m
- Revenue
- $544.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Charlotte, NC
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-1623105
Organization Overview
I Am 24 7 is located in Charlotte, NC. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, I Am 24 7 employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Am 24 7 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, I Am 24 7 generated $544.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $413.5k during the year ending 12/2021. 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
EMPOWER YOUTH, THROUGH FAITH IN JESUS, TO FULFILL THEIR CALL AND GIVE BACK TO THEIR COMMUNITIES. I AM 24/7 USES SPORTS AS A VEHICLE TO BUILD MENTORING RELATIONSHIPS WITH YOUTH. THE PROGRAMS OF I AM 24/7 PROVIDE BIBLICAL TEACHING ON LEADERSHIP AND CHARACTER DEVELOPMENT, ACADEMIC SUPPORT, AND PHYSICAL ACTIVITY IN A STRUCTURED TEAM ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAMSWE HAVE 2 SOCCER TEAMS INVOLVING 35 YOUNG MEN AND A BASKETBALL PROGRAM WITH 3 TEAMS INVOLVING 40 PLAYERS WHO PARTICIPATE IN YEAR AROUND PRACTICES, GAMES, TUTORING, BIBLE STUDIES, TRIPS, AND TEAM BUILDING ACTIVITIES. THE ACHIEVEMENTS OF THESE TEAMSINCLUDE: ACADEMIC GROWTH AND ACCOUNTABILITY, EXERCISE, CHARACTER DEVELOPMENT, AND SPIRITUAL FORMATION.
SUMMER SPORTS AND LEADERSHIP ACADEMYTHIS 8 WEEK PROGRAM DESIGNED FOR YOUTH AGES 9-13 IS DESIGNED TO PROVIDE A "YOUTH CAMP" EXPERIENCE WITH A WIDE RANGE OF ACTIVITIES AND INITIATIVES. THE ACADEMIC PORTION OF THE PROGRAM IS TAILORED TO EACH INDIVIDUAL CHILD BASED ON MATH AND READING SCORES. THE OTHER ACTIVITIES PROVIDED ARE DESIGNED TO PROVIDE EXPERIENTIAL LEARNING THROUGH DAY TRIPS AND TRAVEL. CAMP RUNS 5:00PM-9:00PM M-F FOR THE 8 WEEK PROGRAM. A HEALTHY BREAKFAST AND LUNCH ARE ALSO INCLUDED IN THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Page Executive Dir. | OfficerTrustee | 40 | $78,806 |
Nicki Page Dir. Operations | OfficerTrustee | 20 | $15,473 |
Jason Schubert Board Chair | OfficerTrustee | 6 | $0 |
Dennis Chen Treasurer | OfficerTrustee | 5 | $0 |
David Ayres Director | Trustee | 0.5 | $0 |
Aerris Smith Director | Trustee | 0.5 | $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 | $513,655 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $513,655 |
| Total Program Service Revenue | $0 |
| Investment income | $260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,256 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $543,959 |
| 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. | $101,272 |
| Compensation of current officers, directors, key employees. | $20,255 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,379 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,593 |
| 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 | $32,425 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,786 |
| Royalties | $0 |
| Occupancy | $1,587 |
| Travel | $12,719 |
| 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 | $15,493 |
| Insurance | $20,016 |
| All other expenses | $12 |
| Total functional expenses | $413,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,950 |
| 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 | $380,001 |
| Investments—publicly traded securities | $142,441 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,139,392 |
| Accounts payable and accrued expenses | $1,833 |
| 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 | $1,833 |
| Net assets without donor restrictions | $1,130,780 |
| Net assets with donor restrictions | $6,779 |
| 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 | $1,139,392 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that I Am 24 7 has recieved totaling $149,150.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $49,300 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $47,750 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $37,300 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,000 |
Katharine Andrews Foundation Alpharetta, GA PURPOSE: GENERAL PURPOSE OF DONEE | $6,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Young Americas Foundation Reston, VA | $108,030,545 | $39,445,693 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
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 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |