High Altitude Jump Rope Team Inc
- Assets
- $4.2k
- Revenue
- $3.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Upton, MA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4337567
Organization Overview
High Altitude Jump Rope Team Inc is located in Upton, MA. The organization was established in 2017. 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. High Altitude Jump Rope Team 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 12/2021, High Altitude Jump Rope Team Inc generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.8%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Stephen Materia President | 6 | $0 | |
Michael Cotter Treasurer | 2 | $0 | |
Theresa Materia Secretary | 1 | $0 | |
Xiali He Director | 1 | $0 | |
Rebecca Cotter Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,400 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $1 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $3,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,001 |
| Total operating and administrative expenses | $3,001 |
| Contributions, gifts, grants paid | $3,360 |
| Total expenses and disbursements | $6,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,178 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,178 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, High Altitude Jump Rope Team Inc has awarded $3,360 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LISA WANG PURPOSE: ATTEND COMPETITION AND MACY'S PARADE INCLUDING TRAINING FOR PARADE | $800 |
LINDA WANG PURPOSE: ATTEND COMPETITION AND MACY'S PARADE INCLUDING TRAINING FOR PARADE | $800 |
GRACE COTTER PURPOSE: ATTEND COMPETITION AND MACY'S PARADE INCLUDING TRAINING FOR PARADE | $800 |
EMMA COTTER PURPOSE: ATTEND COMPETITION AND MACY'S PARADE INCLUDING TRAINING FOR PARADE | $620 |
ANNIKA COTTER PURPOSE: ATTEND COMPETITION | $340 |
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