City Champs Foundation Inc
- Assets
- $58.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-2117240
Organization Overview
City Champs Foundation Inc is located in Milwaukee, WI. The organization was established in 2018. 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. City Champs Foundation 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 12/2023, City Champs Foundation Inc generated $130.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $97.8k during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Bell President | 20 | $4,500 | |
Carol Munoz Secretary | 20 | $7,500 | |
Josh Janis Vice President | 20 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,190 |
| Total Program Service Revenue | $0 |
| Membership dues | $487 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,334 |
| Professional fees and other payments to independent contractors | $39,643 |
| Occupancy, rent, utilities, and maintenance | $16,081 |
| Printing, publications, postage, and shipping | $2,585 |
| Other expenses | $9,189 |
| Total expenses | $97,832 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,519 |
| Other assets | $0 |
| Total assets | $58,216 |
| Total liabilities | $30,844 |
| Net assets or fund balances | $27,372 |