Speed T&f
- Assets
- $31.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Spgs, CO
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 73-1671627
Organization Overview
Speed T&f is located in Colorado Spgs, CO. The organization was established in 2003. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Speed T&f 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, Speed T&f generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $31.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice K Lee President And Treasurer | 10 | $0 | |
Charmas B Lee Executive Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,239 |
| Total Program Service Revenue | $13,578 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,817 |
| 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 | $21,137 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,398 |
| Total expenses | $31,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,978 |
| Other assets | $0 |
| Total assets | $30,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,978 |
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