Parent Booster Usa Inc
- Assets
- $17.9k
- Revenue
- $298.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 84-2406668
Organization Overview
Parent Booster Usa Inc is located in Winston Salem, NC. The organization was established in 2005. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Parent Booster USA 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 06/2022, Parent Booster USA Inc generated $298.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $293.3k during the year ending 06/2022. While expenses have increased by 12.5% per year over the past 4 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
THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT THE BOYS AND GIRLS WHO ARE ATHLETES PARTICIPATING ON THE COMPETITIVE GYMNASTICS TEAMS AT SALEM GYMNASTICS & SWIM. THE ORGANIZATION SUPPORTS THE ATHLETES IN ATTENDING LOCAL, REGIONAL, AND NATIONAL GYMNASTICS COMPETITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGISTER GYMNASTS IN GYMNASTICS COMPETITIONS AND CLINICS, PAY FOR COACHES AND THEIR TRAVEL EXPENSES, PROVIDE UNIFORMS, AND COVER FEES ASSOCIATED WITH COMPETING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philippa Tappouni President | Officer | 4 | $0 |
Teddy Holcomb Vice President | Officer | 1 | $0 |
Vanessa Banks Treasurer | Officer | 4 | $0 |
Lianet Hoyos Co-Treasurer | Officer | 1 | $0 |
April Carter Secretary | Officer | 1 | $0 |
Eric Carter Boys Team Representative | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,082 |
| Investment income | $7 |
| 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 | $298,144 |
| 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 | $300 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $300 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $293,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,236 |
| Savings and temporary cash investments | $6,764 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$16,064 |
| 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 | $5,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $733 |
| Total assets | $17,899 |
| 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 | $17,899 |
| 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 | $17,899 |