Competitive By Nature
- Assets
- $9.6k
- Revenue
- $22.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 83-4579823
Organization Overview
Competitive By Nature is located in Washington, DC. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Competitive By Nature 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, Competitive By Nature generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $28.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CUTZ4KIDS - CUTZ4KIDZ IS AN ENRICHMENT PROGRAM PRESENTED BY COMPETITIVE BY NATURE. INITIATED IN FEBRUARY 2019 THE PROGRAM WAS DESIGNED TO CONNECT GRADE-SCHOOL CHILDREN WITH LOCAL LICENSED BARBERS DEDICATED TO IMPROVING THE WELL-BEING OF YOUTH IN THE COMMUNITY. CUTZ4KIDZ AIMS TO PROVIDE PARTICIPATING CHILDREN WITH AN ADDITIONAL BOOST OF CONFIDENCE AND SENSE OF SELF-RESPECT THAT COMES WITH BEING WELL-GROOMED. THE PROGRAM IS FREE TO CHILDREN AND THEIR FAMILIES AND ONLY REQUIRES THOSE PARTICIPATING TO PRACTICE RELATIVE LITERARY SKILLS BY READING TO THEIR BARBER FROM BOOKS PROVIDED BY COMPETITIVE BY NATURE AND KETCHAM ELEMENTARY SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Ellington Co-Owner | 40 | $0 | |
Eugene Banks Co-Owner | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,804 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,804 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $15,427 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,214 |
| Printing and publications | $1,001 |
| Other expenses | $8,693 |
| Total operating and administrative expenses | $27,085 |
| Contributions, gifts, grants paid | $1,840 |
| Total expenses and disbursements | $28,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,609 |
| 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 | $9,609 |
| 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, Competitive By Nature has awarded $3,755 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CUTZ4KIDS PURPOSE: - CUTZ4KIDZ IS AN ENRICHMENT PROGRAM PRESENTED BY COMPETITIVE BY NATURE. INITIATED IN FEBRUARY 2019 THE PROGRAM WAS DESIGNED TO CONNECT GRADE-SCHOOL CHILDREN WITH LOCAL LICENSED BARBERS DEDICATED TO IMPROVING THE WELL-BEING OF YOUTH IN THE COMMUNITY. CUTZ4KIDZ AIMS TO PROVIDE PARTICIPATING CHILDREN WITH AN ADDITIONAL BOOST OF CONFIDENCE AND SENSE OF SELF-RESPECT THAT COMES WITH BEING WELL-GROOMED. THE PROGRAM IS FREE TO CHILDREN AND THEIR FAMILIES AND ONLY REQUIRES THOSE PARTICIPATING TO PRACTICE RELATIVE LITERARY SKILLS BY READING TO THEIR BARBER FROM BOOKS PROVIDED BY COMPETITIVE BY NATURE AND KETCHAM ELEMENTARY SCHOOL. | $1,045 |
TAKING CARE OF US PURPOSE: COMMUNITY EVENT | $1,210 |
NORTH CAROLINA A AND T STUDENTS PURPOSE: WINNERS OF TWO SCHOLARSHIP RAFFLES USED FOR ANY EDUCATIONAL PURPOSE. | $1,500 |