Titan Athletics is located in Santa Clara, CA. 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 07/2024, Titan Athletics employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Titan Athletics 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 07/2024, Titan Athletics generated $970.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $929.3k during the year ending 07/2024. While expenses have increased by 21.7% per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN OPPORTUNITY FOR ALL YOUTH TO DEVELOP AND EXCEL IN VOLLEYBALL AND BASKETBALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2023-2024 YEAR AS A NON PROFIT, TITAN HAD OVER 500 ATHLETES FROM AGE 10 TO 18 PARTICIPATE ON 15 FEMALE VOLLEYBALL TEAMS AND 6 MALE TEAMS. PRACTICES WERE HELD 1 - 3 TIMES PER WEEK. VOLLEYBALL COMPETITIONS VARIED FROM 13 - 22 DAYS, DEPENDING ON THE LEVEL OF THE TEAM.THIS YEAR, ONE OF OUR BOYS TEAMS QUALIFIED FOR NATIONALS SO WE HAD A TEAM GO TO UTAH FOR A SUMMER JO TOURNAMENT. WE ALSO HOSTED VOLLEYBALL CLINICS THROUGHOUT THE YEAR WITH OVER 500 PARTICIPANTS. VOLLEYBALL TEAMS PARTICIPATED IN THESE TOURNAMENTS:(CONTINUED ON SCHEDULE O)- WINTER CLASSIC - FESTIVAL FIESTA CLASSIC- SPRING FLING- PRESIDENT'S DAY WEEKEND- SIERRA NATIONAL QUALIFIER- FAR WESTERNS NATIONAL QUALIFIER- BAY VIEW CLASSIC- WCVBA BAY AREA LEAGUE- WCVBA POWER LEAGUE- NCVA BOYS POWER LEAGUE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hanah Kim CEO | OfficerTrustee | 40 | $0 |
Matthew Largo Board Member/coach | Trustee | 20 | $16,500 |
David Martinez Board Member/bookkeeper | Trustee | 1 | $5,400 |
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 | $10,010 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,010 |
Total Program Service Revenue | $960,486 |
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 | $970,496 |
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. | $22,950 |
Compensation of current officers, directors, key employees. | $18,360 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $253,039 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,659 |
Payroll taxes | $26,072 |
Fees for services: Management | $0 |
Fees for services: Legal | $587 |
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 | $0 |
Advertising and promotion | $1,974 |
Office expenses | $1,825 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $65,727 |
Travel | $258,405 |
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 | $2,404 |
Insurance | $8,324 |
All other expenses | $5,730 |
Total functional expenses | $929,297 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,262 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,973 |
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 | $12,916 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $73,151 |
Accounts payable and accrued expenses | $22,713 |
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 | $22,713 |
Net assets without donor restrictions | $50,438 |
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 | $73,151 |