XCEL 2 FITNESS INTERNATIONAL XCEL 2 FITNESS INTERNATIONAl is located in Matthews, NC. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. XCEL 2 FITNESS INTERNATIONAL XCEL 2 FITNESS INTERNATIONAl 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 06/2021, XCEL 2 FITNESS INTERNATIONAL XCEL 2 FITNESS INTERNATIONAl generated $34.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $53.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
XCEL2 FITNESS IS A FITNESS AND CHARACTER BASED YOUTH DEVELOPMENT PROGRAM THAT SERVES BOYS IN GRADES 3-5 BY USING THE FUNDAMENTALS OF FITNESS SUCH AS SPEED, STRENGTH, AGILITY, BALANCE AND CARDIO WHILE ALSO EMBEDDING EVERY SESSION WITH CHARACTER DISCUSSION THROUGH TEAMWORK, LEADERSHIP AND GOAL SETTING. EACH SESSION ENDS WITH A BIG EVENT OBSTACLE COURSE RACE THAT ALL PARTICIPANTS ATTEND. THE PROGRAM HAS SERVED OVER 3,000 BOYS AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Vaughn CEO | 30 | $0 | |
Brandon Hibbard Board Member | 1 | $0 | |
Brian Wheeler Board Member | 1 | $0 | |
Michael Casten Board Member | 1 | $0 | |
Leo Theriault Board Member | 1 | $0 | |
Ryan Schalles Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,869 |
Total Program Service Revenue | $14,376 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $34,245 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $53,684 |
Total expenses | $53,684 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $36,426 |
Net assets or fund balances | -$36,426 |