Hardin Valley Academy Athletic Council
- Assets
- $150.4k
- Revenue
- $410.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 51-0670175
Organization Overview
Hardin Valley Academy Athletic Council is located in Knoxville, TN. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hardin Valley Academy Athletic Council 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 06/2022, Hardin Valley Academy Athletic Council generated $410.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $454.2k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL PROMOTIONAL AND ORGANIZATIONAL SUPPORT TO STUDENT ATHELETES, COACHES AND ATHLETIC PROGRAMS OF HARDIN VALLEY ACADEMY. HVAAC ALSO PROVIDES FINANCIAL SUPPORT FOR GOODS AND SERVICES NEEDED BY THE ATHLETIC PROGRAMS SUCH AS MAINTENANCE AND UPGRADES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAWK-PAC PROMO WHICH TAKES PLACE ALL YEAR LONG. THIS INCLUDES VARIOUS OUTDOOR AND INDOOR BANNERS, MEDIA GUIDE ADVERTISEMENTS AND OTHER SCHOOL PLACE PROMOTIONAL OPTIONS INCLUDING GAME DAY MEALS AND CONCESSION STAND DONATIONS. THESE WERE PROMOTED BY THE EXECUTIVE BOARD MEMBERS, PAC REPS AND HVA FACULTY AND PARENTS. HVAAC HELD ONE MAIN COUNCIL-WIDE FUNDRAISER IN THE YEAR, THE DISCOUNT CARD PROMOTION AND GOLF TOURNAMENT THAT INVOLVED ALL TEAMS AND MANY ATHLETES, HVAAC ASSISTED WITH MANY SINGLE TEAM EVENT PROMOTIONS INCLUDING T-SHIRT SALES, CAR WASHES, BAKE SALES, COOKIE DOUGH SALES, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mullins Athletic Director | Officer | 3 | $0 |
Demurris Mcmillan President-Elect | Officer | 2 | $0 |
Tricia Fellers Secretary | Officer | 2 | $0 |
Paul Rome President | Officer | 2 | $0 |
Marilyn A Parham Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,051 |
| Investment income | $221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $73,044 |
| Office expenses | $21 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $279 |
| All other expenses | $0 |
| Total functional expenses | $454,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,723 |
| Savings and temporary cash investments | $11,665 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,399 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $150,399 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $150,399 |