Georgia Cup Inc
- Assets
- $11.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpharetta, GA
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-4052339
Organization Overview
Georgia Cup Inc is located in Alpharetta, GA. The organization was established in 2018. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Georgia Cup 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 12/2021, Georgia Cup Inc generated $4.6k 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 (51.9%) each year. All expenses for the organization totaled $162.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE GEORGIA CUP, INC. WAS ESTABLISHED IN 2018. THE LONG TERM GOAL FOR THIS PROGRAM IS TO INCREASE MEMBER PARTICIPATION IN THIS ANNUAL TOURNAMENT AND CONTINUE RAISING MONEY FOR A CHARITABLE ORGANIZATION OF OUR CHOICE EACH YEAR. WE RAISED $169,400 IN DONATIONS IN EARLY 2020 DUE TO COVID-19 OUR MARCH EVENT HAD TO BE CANCELLED. THE FUNDS WERE ROLLED OVER FOR OUR 2021 EVENT WHICH WAS HELD MARCH 27TH AND 28TH, 2021 WHICH WE WERE ABLE TO PROVIDE $100,000 TO FOLDS OF HONOR FOUNDATION. WE LEFT $11,838 IN RESERVES IN OUR ACCOUNT TO BE PUT TOWARDS THE 2022 EVENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Williams CFO | 3 | $0 | |
Eugene Kenny CEO | 0 | $0 | |
Jacqueline Welch Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,497 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,369 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,296 |
| Total expenses | $162,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,838 |
| Other assets | $0 |
| Total assets | $11,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,838 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Braves Foundation Inc Atlanta, GA | $5,969,688 | $4,170,883 |
Florida Sports Foundation Incorporated Orlando, FL | $5,544,373 | $5,275,010 |
Camp-Younts Foundation Orlando, FL | $47,548,397 | $5,010,079 |
Play Safe Anderson, SC | $517,101 | $2,129,966 |
Tap Cancer Out Inc Fort Mill, SC | $341,988 | $1,748,162 |
Bert Fish Foundation Inc Deland, FL | $12,492,099 | $91,142 |
Fisher-Crum Foundation Inc Albany, GA | $16,325,649 | $1,999,719 |
B A S E Camp Childrens Cancer Foundation Inc Winter Park, FL | $529,350 | $568,601 |
Parks Foundation Of Miami-Dade Inc Miami, FL | $1,440,735 | $366,768 |
Old West Special Trails Inc Collierville, TN | $525,442 | $435,030 |
Wahoo Aquatic Club Inc Charleston, SC | $15,109 | $463,796 |
Mountain Brook Sports Park Foundation Birmingham, AL | $801,029 | $205,893 |