Lafayette Cheer Boosters
- Assets
- $50.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2441067
Organization Overview
Lafayette Cheer Boosters is located in Lexington, KY. The organization was established in 2019. 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. Lafayette Cheer Boosters 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, Lafayette Cheer Boosters generated $69.2k 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 (4.7%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
THE LAFAYETTE CHEER BOOSTERS WERE ORGANIZED TO SUPPORT THE STUDENT ATHLETES WHO ARE MEMBERS OF THE VARSITY CHEERLEADING TEAMS. THEY COMPETE LOCALLY AS WELL AS NATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Poole Treasurer | 10 | $0 | |
Kristyn Disponette President | 10 | $0 | |
Alexis Castro Director | 10 | $0 | |
Caroline Wells Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,113 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $51,093 |
| Other Revenue | $0 |
| Total Revenue | $69,206 |
| 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 | $25 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,147 |
| Total expenses | $68,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,791 |
| Other assets | $0 |
| Total assets | $50,791 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,791 |