Holmdel Tru Velocity Athletic Club Inc

Organization Overview

Holmdel Tru Velocity Athletic Club Inc is located in Holmdel, NJ. The organization was established in 2013. 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. Holmdel Tru Velocity 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 12/2021, Holmdel Tru Velocity Athletic Club Inc generated $2.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $4.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE PRIMARY ACTIVITY OF THE CLUB IS TO PROVIDE YOUTH OPPORTUNITIES TO TRAIN AND COMPETE THROUGH ORGANIZED PRACTICES, EDUCATIONAL WORKSHOPS, CLINICS AND PARTICIPATING IN SANCTIONED EVENTS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,650
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$2,650

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