Lightning Youth Sports Inc is located in Bradenton, FL. The organization was established in 2005. According to its NTEE Classification (N65) the organization is classified as: Football, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lightning Youth Sports 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 12/2022, Lightning Youth Sports Inc generated $28.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $26.7k during the year ending 12/2022. 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
50 KIDS PARTICIPATED IN FOOTBALL FOR THE 2022 FALL SEASON, INCLUDING PLAYOFFS. THIS ORGANIZATION IS A SUBORDINATE ORGANIZATION OF THE AMERICAN YOUTH FOOTBALL, INC. (ID#31-1484747), A 501(C)(3) ORGANIZATION WHICH HOLDS CENTRAL ORGANIZATION STATUS. OUR GROUP NUMBER IS 5277.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,580 |
| Total Program Service Revenue | $3,326 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,418 |
| Other Revenue | $0 |
| Total Revenue | $28,324 |
| 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 | $2,149 |
| Occupancy, rent, utilities, and maintenance | $4,954 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,627 |
| Total expenses | $26,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,719 |
| Other assets | $0 |
| Total assets | $3,719 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,719 |