Laurel Athletic Recreation Association
- Assets
- $78.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Castle, PA
- Founding
- 02/1990
- Data as of
- 12/2022
- EIN
- 25-1578069
Organization Overview
Laurel Athletic Recreation Association is located in New Castle, PA. The organization was established in 1990. 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. Laurel Athletic Recreation Association 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, Laurel Athletic Recreation Association generated $128.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $106.6k during the year ending 12/2022. While expenses have increased by 0.9% 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
SPONSORS SPORT ACTIVITIES FOR YOUNG CHILDREN. SPORTS ACTIVITIES INCLUDE BASEBALL,SOFTBALL,FOOTBALL,BASKETBALL,AND CHEERLEADING FOR APPROXIMATELY 450 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Obrien President | 3 | $0 | |
Amy Sunseri Treasurer | 5 | $0 | |
Brandy Napoli Registrar | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,441 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,453 |
| 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 | $725 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100,874 |
| Total expenses | $106,599 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,472 |
| Other assets | $0 |
| Total assets | $78,272 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,272 |