Leverage Lacrosse Inc
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redondo Beach, CA
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 45-3025885
Organization Overview
Leverage Lacrosse Inc is located in Redondo Beach, CA. The organization was established in 2013. According to its NTEE Classification (N66) the organization is classified as: Racquet 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. Leverage Lacrosse 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, Leverage Lacrosse Inc generated $104.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $102.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 9 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 ORGANIZATION CURRENTLY HAS OVER 100 PLAYERS, BOTH BOYS AND GIRLS, PARTICIPATING ON ONE OF ITS LACROSSE TEAMS. PARTICIPATION ON A TEAM OFFERS THE PLAYERS INSTRUCTION IN A POSITIVE LEARNING ENVIRONMENT WHILE BUILDING THE PLAYERS SKILLS AND CONFIDENCE. PLAYERS ARE ALSO LEARNING TO BECOME SELF RELIANT AND BEING PERSONALLY ACCOUNTABLE WHILE WORKING TOWARDS A COMMON GOAL WITHIN A TEAM SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Parducci Chairman | 10 | $0 | |
Kevin Snyder Director | 5 | $0 | |
Brad Woomer Director | 5 | $0 | |
Christopher Jewett President | 80 | $55,000 | |
Leeanne Richter CFO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,500 |
| Total Program Service Revenue | $96,107 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,210 |
| Total expenses | $102,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,602 |
| Other assets | $0 |
| Total assets | $2,602 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,602 |