Hangar Athlete Factory
- Assets
- $71.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huxley, IA
- Founding
- Data as of
- 12/2022
- EIN
- 86-3278027
Organization Overview
Hangar Athlete Factory is located in Huxley, IA. 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. Hangar Athlete Factory 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, Hangar Athlete Factory generated $100.9k 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 (20.9%) each year. All expenses for the organization totaled $90.6k 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 FACILITY OFFERS OVER 14,000FT OF INDOOR TURF, UP TO (4) BATTING CAGES WITH SOFTBALL/BASEBALL PITCHING MACHINES, PITCHING MOUNDS, AND A FULL SIZE BASKETBALL COURT. THE HANGAR ALSO INCLUDES 4,000FT OF STRENGTH & CONDITIONING AREA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,888 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,916 |
| 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 | $43,053 |
| Occupancy, rent, utilities, and maintenance | $24,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,542 |
| Total expenses | $90,595 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,448 |
| Other assets | $0 |
| Total assets | $71,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,948 |