Comac Parents Club
- Assets
- $4.9k
- Revenue
- $212.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Parker, CO
- Founding
- Data as of
- 05/2022
- EIN
- 82-3331991
Organization Overview
Comac Parents Club is located in Parker, CO. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Comac Parents Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Comac Parents Club generated $212.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $234.5k during the year ending 05/2022. While expenses have increased by 17.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY PURPOSE IS TO MANAGE THE COSTS ASSOCIATED WITH USAG GIRLS COMPETITIVE GYMNASTICS AT MOMENTUM ATHLETIC CENTER. THIS INCLUDES MANAGING THE MEET FEES, UNIFORMS, TRAVEL EXPENSES, AND COACHES EXPENSES THAT ARE DIRECTLY RELATED TO THE COMPETITIONS FOR THE GIRLS GYMNASTICS XCEL AND JO TEAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMAC HAD APPROXIMATELY 180 MEMBERS WHICH CONSIST OF YOUNG, FEMALE GYMNASTS AND CHEER COMPETITORS. THERE WERE 100 GYMNASTS THAT COMPETED IN 5 MEETS ACROSS THE ENTIRE YEAR. THE GYMNASTS COMPETE IN THREE GROUPS: XCEL, JO COMPULSORY AND JO OPTIONALS.THERE WERE 80 CHEERLEADERS THAT COMPETED IN 5 COMPETITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Webster President | OfficerTrustee | 8 | $0 |
Art Borodich Vice-President | OfficerTrustee | 4 | $0 |
Bonnie Baetz Secretary/treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| 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 | -$20,105 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,909 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,770 |
| Advertising and promotion | $0 |
| Office expenses | $6,230 |
| Information technology | $1,859 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,576 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $234,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,880 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,880 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $4,880 |
| 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 |
| Total liabilities and net assets/fund balances | $4,880 |