7element Athletics Inc
- Assets
- $23.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarksville, TN
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-1248558
Organization Overview
7element Athletics Inc is located in Clarksville, TN. The organization was established in 2019. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. 7element Athletics 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 12/2022, 7element Athletics Inc generated $17.6k 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 (31.3%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE PROGRAM HAS PROVIDED FREE OF COST SPORTS PROGRAMS IN THE FORM OF ICE HOCKEY AND OTHER OUTDOOR SPORTS. OUR HOCKEY PROGRAM HAS COVERED THE ENTIRE COST OF PLAYING THE SPORT FOR OVER 300 PLAYERS IN THE MIDDLE TN AREA. THAT INCLUDES EQUIPMENT, TAPE, SKATE SHARPENING, FOOD AND BEVERAGE, ICE FEES, AND INCIDENTALS. THE OUTDOOR PROGRAM HAS PROVIDED CAMPING EQUIPMENT FOR OUTDOOR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian R Bailey Executive Di | 2 | $0 | |
Luke Jerkins President | 2 | $0 | |
Hal Gill Director | 2 | $0 | |
Brad Miller Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,617 |
| 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 | $17,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $21,711 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,339 |
| Occupancy, rent, utilities, and maintenance | $3,595 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,742 |
| Total expenses | $41,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,283 |
| Other assets | $0 |
| Total assets | $23,283 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,283 |