Actsports Inc
- Assets
- $18.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staunton, VA
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 83-2675461
Organization Overview
Actsports Inc is located in Staunton, VA. The organization was established in 2020. 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. Actsports 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, Actsports Inc generated $71.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.0%) per year over the past 3 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
THE PURPOSE OF ACTSPORTS IS TO ESTABLISH AND MAINTAIN AN INTERNATIONAL SPORTS ORGANIZATION TO (1) PROVIDE QUALITY INSTRUCTION FOR ATHLETES AND COACHES, (2) DEVELOP THE WHOLE PERSON SPIRITUALLY, ATHLETICALLY, EDUCATIONALLY, AND PROFESSIONALLY, (3) CULTIVATE AN ENVIRONMENT OF HEALTHY COMPETITION THAT EMPHASIZES WINNING WITH GRACE AND LOSING WITH POISE, AND (4) EXPRESS THE LOVE OF CHRIST TO ATHLETES, COACHES, FAMILIES AND THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nelson R Eppard President | 1.5 | $0 | |
Vincent Banks Vice Preside | 20 | $0 | |
Candace Banks Sec / Treasu | 35 | $0 | |
Victor Bullard Board Member | 1 | $0 | |
Angie Rawley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $68,626 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26 |
| Other Revenue | $0 |
| Total Revenue | $71,652 |
| 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 | $13,685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,742 |
| Total expenses | $62,427 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,359 |
| Other assets | $0 |
| Total assets | $18,659 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,659 |
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