North Area Athletic Club Inc
- Assets
- $341.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Syracuse, NY
- Founding
- 07/1994
- Data as of
- 12/2023
- EIN
- 16-1459179
Organization Overview
North Area Athletic Club Inc is located in Syracuse, NY. The organization was established in 1994. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, North Area Athletic Club Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Area Athletic 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 12/2023, North Area Athletic Club Inc generated $94.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $191.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 5 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
THE CLUB PROVIDES A LOCATION WITHIN THE COMMUNITY WHERE INDIVIDUALS CAN GATHER FOR VARIOUS SOCIAL ACTIVITIES. THESE ACTIVITIES INCLUDE CLASSES FOR BOXING, ART, COMPUTER TECHNOLOGY, AND PREPARATION FOR THE GENERAL EDUCATION DEVELOPMENT (GED) TEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Burns Executive Direc | 20 | $0 | |
Damian Rinaldi President | 5 | $0 | |
Kristina Gustafson Vice President | 5 | $0 | |
Barbara Karas Fiscal Officer | 5 | $0 | |
Sarah Burns Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,096 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,973 |
| Other Revenue | $0 |
| Total Revenue | $94,069 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,207 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,811 |
| Total expenses | $191,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,546 |
| Other assets | $0 |
| Total assets | $341,598 |
| Total liabilities | $0 |
| Net assets or fund balances | $341,598 |