Hayk & Bel Sport Club Inc
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-0804410
Organization Overview
Hayk & Bel Sport Club Inc is located in Burbank, CA. The organization was established in 2019. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Hayk & Bel Sport Club 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, Hayk & Bel Sport Club Inc generated $44.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $43.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
HAYK & BEL SPORT CLUB PROVIDES A WORLD-CLASS EXPERIENCE THAT ENSURES SUCCESS IS WITHIN REACH OF ANY YOUTH WHO STEPS THROUGH OUR DOORS. ALL MEMBERS GROW TO BECOME INTELLIGENT, HEALTHY AND CONFIDENT INDIVIDUALS DEMONSTRATING GOOD CHARACTER AND CITIZENSHIP, AND LIVING A REWARDING LIFESTYLE.HAYK & BEL CONDUCTS A MULTI-STYLE MARTIAL ARTS STUDIO. ALTHOUGH WE HAVE SPECIFIC CLASSES FOR GROUND FIGHTING (BRAZILIAN JIU JITSU, SUBMISSION GRAPPLING), STAND-UP (KICKBOXING, SANSHU, MUAI THAI) AND PERFORMANCE (TRADITIONAL KUNG FU, WUSHU, AND TAI NUI KUNG FU), EACH COURSE IS DESIGNED TO GIVE OUR STUDENTS BROAD KNOWLEDGE AND SKILLS FROM THE VARIOUS SCHOOLS OF MARTIAL ARTS. THIS RESULTS IN STUDENTS WHO ARE VERY WELL-ROUNDED BOTH AS MARTIAL ARTISTS AND AS UPSTANDING MEMBERS OF OUR SOCIETY.OUR SCHOOL ALSO OFFERS OUTDOOR CONDITIONING CLASSES FOR STUDENTS LOOKING FOR A RIGOROUS REGIMEN TO IMPROVE CARDIO AND MUSCLE ENDURANCE, AND TO GEAR THEIR MENTAL ATTITUDE TOWARDS SUCCESS.ACHIEVEMENT AND ADVANCEMENT ARE GUIDED AND MONITORED BY MASTERS AND GRAND MASTERS WELL KNOWN IN THEIR FIELDS. WE ARE HONORED TO HAVE PATRICK SPEIGHT, JASON BOOKICH, KRU MARK, SIFU GINGER GIANG, SIFU MICHEL HAWI AND HAYK HARUTYUNYAN IN THIS ROLE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,020 |
| 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 | $44,020 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,608 |
| Total expenses | $43,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $412 |
| Other assets | $0 |
| Total assets | $2,712 |
| Total liabilities | $2,300 |
| Net assets or fund balances | $412 |
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