Abbington Track Club Inc
- Assets
- $66.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rock, NJ
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 13-4096981
Organization Overview
Abbington Track Club Inc is located in Glen Rock, NJ. The organization was established in 2000. 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. Abbington Track Club 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 12/2022, Abbington Track Club Inc generated $185.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $160.7k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TO INSTRUCT AND TRAIN INDIVIDUALS IN TRACK AND FIELD, CROSS COUNTRY RUNNING, ROAD RACING, AND OTHER USA TRACK AND FIELD ACTIVITIES. TO PROMOTE THE APPRECIATION OF, TO PARTICIPATE IN, AND TO ARRANGE AND CONDUCT USA TRACK AND FIELD EVENTS. TO CULTIVATE THE IDEALS OF GOOD SPORTSMANSHIP, LOYALTY, AND FAIR PLAY. TO GRANT ATHLETIC SCHOLARSHIPS TO INDIVIDUALS. TO SOLICIT AND RECEIVE CONTRIBUTIONS, GRANTS, DONATIONS, BEQUESTS, AND DEVISES OF PROPERTY OF ALL KINDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Brown II President | 10 | $17,318 | |
Mike Glynn Director | 2 | $0 | |
Josh Saladino Director | 2 | $0 | |
Elizabeth O'brien Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,268 |
| Total Program Service Revenue | $109,079 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $36,061 |
| Total Revenue | $185,408 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,318 |
| Professional fees and other payments to independent contractors | $51,554 |
| Occupancy, rent, utilities, and maintenance | $19,452 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,368 |
| Total expenses | $160,692 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,130 |
| Other assets | $0 |
| Total assets | $66,130 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,130 |