Carolina Youth Lacrosse Club
- Assets
- $21.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 04/2016
- Data as of
- 12/2020
- EIN
- 47-2947987
Organization Overview
Carolina Youth Lacrosse Club is located in Wake Forest, NC. The organization was established in 2016. 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. Carolina Youth Lacrosse Club 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 12/2020, Carolina Youth Lacrosse Club generated $24.9k 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 (23.3%) each year. All expenses for the organization totaled $28.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.8%) 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
2020
Describe the Organization's Program Activity:
Part 3
CYLC STRIVES TO BUILD A BETTER COMMUNITY THROUGH THE GAME OF LACROSSE. THE ORGANIZATION PROVIDES PROGRAMS DEVOTED TO GROWING LACROSS IN THE RALEIGH, WAKE FOREST AREAS AND THROUGHOUT NORTH CAROLINA. CYLC'S GOAL IS TO PROVIDE PROGRAMSZ THAT WILL HELP PLAYERS AND FAMILIES DEVELOP A PASSION FOR THE GAME THAT WILL INSPIRE OTHERS TO JOIN THE MOVEMENT. CYLC OFFERS LEAGUE PLAY, BOX LACROSSE, CAMPS AND CLINICS FOR YOUTH IN GRADES K-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Newsome Board Member | 5 | $0 | |
Jay Boriotti Board Member | 3 | $0 | |
Stephanie Tolbert Secretary | 5 | $0 | |
Becky Gilmore President | 15 | $0 | |
Shawn Gilmore Director | 10 | $0 | |
Coleman Punte Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,240 |
| Total Program Service Revenue | $23,662 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,902 |
| 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 | $4,815 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $23,637 |
| Total expenses | $28,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,558 |
| Other assets | $0 |
| Total assets | $21,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,558 |
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