Bullet Athletics Inc is located in Lake Charles, LA. The organization was established in 2019. 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. Bullet Athletics 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 12/2022, Bullet Athletics Inc generated $107.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $110.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BULLET ATHLETICS MOST SIGNIFICANT ACTIVITIES ARE PROVIDING BASEBALL AND SOFTBALL TOURNAMENT OPPORTUNITIES FOR YOUNG ATHLETES.
Describe the Organization's Program Activity:
Part 3
REVENUE IS DERIVED FROM PLAYER FEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Monceaux Vice President/secretary | 20 | $0 | |
Michael Lafosse President | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $107,856 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $107,856 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $19,763 |
Occupancy, rent, utilities, and maintenance | $3,270 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $87,396 |
Total expenses | $110,429 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,938 |
Other assets | $0 |
Total assets | $1,938 |
Total liabilities | $0 |
Net assets or fund balances | $1,938 |
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