Lyles Brothers Sports Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Howey In The Hills, FL
- Founding
- Data as of
- 12/2023
- EIN
- 85-2829467
Organization Overview
Lyles Brothers Sports Foundation Inc is located in Howey In The Hills, FL. 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. Lyles Brothers Sports Foundation 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 12/2023, Lyles Brothers Sports Foundation Inc generated $89.8k 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 (22.7%) each year. All expenses for the organization totaled $88.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.2%) 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
2023
Describe the Organization's Program Activity:
Part 3
ADIDAS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keisha Bishop President | 15 | $0 | |
Mark Bishop Executive Director | 55 | $38,325 | |
Noah Lyles Vice President | 5 | $0 | |
Hazel Clark Secretary | 5 | $0 | |
Dennis Chestnut Board Member | 3 | $0 | |
Gable Barmer Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,832 |
| 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 | $89,832 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,325 |
| Professional fees and other payments to independent contractors | $6,464 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $11,306 |
| Other expenses | $31,935 |
| Total expenses | $88,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $5,460 |
| Net assets or fund balances | -$5,460 |