Greenville Hurricanes Inc
- Assets
- $260.0k
- Revenue
- $339.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Greer, SC
- Founding
- 04/2019
- Data as of
- 06/2023
- EIN
- 83-0603468
Organization Overview
Greenville Hurricanes Inc is located in Greer, SC. The organization was established in 2019. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Greenville Hurricanes 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 06/2023, Greenville Hurricanes Inc generated $339.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $276.2k during the year ending 06/2023. While expenses have increased by 17.2% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO GLORIFY GOD BY PROVIDING SPIRITUAL, SOCIAL, EMOTIONAL, AND ATHLETIC ENRICHMENT TO ELEMENTARY, MIDDLE-SCHOOL AND HIGH SCHOOL STUDENTS, FAMILIES AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENVILLE HURRICANE ATHLETICS OFFERS BOYS'/GIRLS' MIDDLE SCHOOL AND HIGH SCHOOL SPORTS IN THE AREAS OF: ARCHERY, BASEBALL, BASKETBALL, CHEERLEADING, CROSS COUNTRY, FOOTBALL, SOCCER AND VOLLEYBALL (BASED ON PARTICIPATION AND INTEREST). ARCHERY ALSO OFFERS AN ELEMENTARY PROGRAM. THIS ATHLETIC PROGRAM IS OPEN TO THE GREATER HOMESCHOOLING COMMUNITY AND PRIVATE, CHRISTIAN, OR ALTERNATIVE EDUCATION GROUPS THAT MAY NOT OFFER THAT PARTICULAR SPORT IN THEIR OWN ORGANIZATION. THE ORGANIZATION IS TASKED WITH PROVIDING A COMPETITIVE ATHLETIC VENUE FOR OUR ATHLETES. HURRICANE TEAMS WILL BE HIGHLY COMPETITIVE IN NATURE AND WILL BE COMPETING AGAINST PRIVATE AND PUBLIC SCHOOL TEAMS IN SC, GA, AND NC. ONE LONG-RANGE GOAL OF THIS PROGRAM IS TO PROVIDE OPPORTUNITIES TO COMPETE FOR HOMESCHOOL TITLES ON THE STATE, REGIONAL AND NATIONAL LEVELS. OUR MIDDLE SCHOOL AND JUNIOR VARSITY LEVEL TEAMS ARE DESIGNED TO BE FEEDER PROGRAMS FOR THE VARSITY TEAMS AND ARE ALSO COMPETITIVE, WITH ADDED EMPHASIS ON FUNDAMENTAL SKILLS AND INDIVIDUAL PLAYER DEVELOPMENT. OUR ORGANIZATION IS DESIGNED WITH LAYERS OF ACCOUNTABILITY PROVIDING NECESSARY CHECKS AND BALANCES, WITH PLAYERS ACCOUNTABLE TO COACHES, COACHES ACCOUNTABLE TO THEIR RESPECTIVE PROGRAM MANAGER, PROGRAM MANAGER ACCOUNTABLE TO THE EXECUTIVE ATHLETIC DIRECTOR, EXECUTIVE ATHLETIC DIRECTOR ACCOUNTABLE TO THE GREENVILLE HURRICANES, INC. BOARD OF DIRECTORS AND ALL ULTIMATELY ACCOUNTABLE TO THE HOMESCHOOL FAMILIES WE SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Amarnek Director Of | Trustee | 7.7 | $0 |
Randy Lindsey Director Of | Trustee | 4.8 | $0 |
Shelley Madson Executive Ad | OfficerTrustee | 38.5 | $0 |
Heath Stevens Director Of | Trustee | 0.48 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,974 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,394 |
| Total Program Service Revenue | $234,545 |
| Investment income | $1,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,441 |
| Net Income from Fundraising Events | -$2,767 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,126 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $338,973 |
| 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. | $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 | $5,378 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $689 |
| Fees for services: Other | $14 |
| Advertising and promotion | $1,561 |
| Office expenses | $12,914 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,222 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $9,248 |
| All other expenses | $9,837 |
| Total functional expenses | $276,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,107 |
| 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 | $0 |
| Investments—publicly traded securities | $56,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $259,965 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $16,235 |
| 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 | $16,235 |
| Net assets without donor restrictions | $233,730 |
| Net assets with donor restrictions | $10,000 |
| 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 | $259,965 |