Maximum Velocity
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewisburg, TN
- Founding
- Data as of
- 12/2022
- EIN
- 87-2665406
Organization Overview
Maximum Velocity is located in Lewisburg, TN. 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. Maximum Velocity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SPORTING OPPORTUNITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,067 |
| Total Program Service Revenue | $1,901 |
| Membership dues | $18,714 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,315 |
| Other Revenue | $11,433 |
| Total Revenue | $64,430 |
| 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 | $5,320 |
| Occupancy, rent, utilities, and maintenance | $1,700 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $55,528 |
| Total expenses | $62,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,530 |
| Other assets | $0 |
| Total assets | $1,530 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,530 |
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