East Coast Nitros Inc
- Assets
- $1.9k
- Revenue
- $363.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Middletown, DE
- Founding
- Data as of
- 05/2016
- EIN
- 20-1704455
Organization Overview
East Coast Nitros Inc is located in Middletown, DE. As of 05/2015, East Coast Nitros Inc employed 3 individuals. East Coast Nitros 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 05/2016, East Coast Nitros Inc generated $363.8k 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 (12.6%) each year. All expenses for the organization totaled $334.4k during the year ending 05/2016. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE EAST COAST NITROS PROMOTES YOUTH RECREATIONAL CHEERLEADING BY COACHING AND TRAINING ITS MEMEBERS IN ALL THE FUNDAMENTAL, INTERMEDIATE AND ADVANCED CHEERLEADING. THE EAST COAST NITROS COMPETES AGAINST OTHER AMATEUR CHEERLEADING CLUBS ALONG THE EAST COAST OF THE US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACTIVITIES OF THE EAST COAST NITROS, INC. WILL PROMOTE YOUTH RECREATIONAL CHEERLEADING. THE MAJORITY OF THE TIME WILL BE SPEND COACHING AND TRAINING THE VARIOUS DUES PAYING MEMBERS INSTRUCTING THEM IN THE FUNDAMENTALS OF BEGINNING, INTERMEDIATE AND ADVANCED CHEERLEADING TECHNIQUES.
THE EAST COAST NITROS, INC. WILL COMPETE AGAINST OTHER CHEERLEADING GROUPS IN ORDER TO PERFECT SKILLS LEARNED IN PART A. THIS COMPETITION WILL BE DEPENDENT UPON THEIR RESPECTIVE SKILL LEVEL.
THE EAST COAST NITROS, INC. WILL ALSO DEMONSTRATE THEIR SKILLS TO THE GENERAL PUBLIC, ACTIVELY SEEKING TO GET OTHER YOUNG MEN AND WOMEN INTERESTED IN THE DISCIPLINE OF CHEERLEADING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Sepp Treasurer | OfficerTrustee | 10 | $0 |
Stephanie Sutch President | OfficerTrustee | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $35,577 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,259 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,686 |
| Fees for services: Accounting | $1,411 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,171 |
| Office expenses | $9,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,549 |
| Travel | $3,650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,168 |
| Interest | $14,738 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,996 |
| All other expenses | $0 |
| Total functional expenses | $334,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,890 |
| Savings and temporary cash investments | $56 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,946 |
| Accounts payable and accrued expenses | $88,680 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,680 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$86,734 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that East Coast Nitros Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: CHARITABLE PROGRAM ACTIVITIES SUPPORT | $5,000 |
Peer Organizations
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|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |