Form 990 for tax year 2024
Filed by COASTAL OUTREACH ACADEMIES INC.
Totals
- Total revenue
- $478,385
- Total expenses
- $360,894
- Contributions and grants received
- $478,385
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $117,491
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $117,491
- Program services expenses (Part IX)
- $360,894
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $360,894
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$478,385
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $76,188 · program services $76,188
-
7 · Other salaries and wages
total $98,519 · program services $98,519
-
10 · Payroll taxes
total $47,732 · program services $47,732
-
11b · Fees: legal
total $6,465 · program services $6,465
-
11c · Fees: accounting
total $3,910 · program services $3,910
-
11f · Fees: investment management
total $225 · program services $225
-
12 · Advertising and promotion
total $24,005 · program services $24,005
-
13 · Office expenses
total $3,206 · program services $3,206
-
14 · Information technology
total $28,362 · program services $28,362
-
16 · Occupancy
total $1,750 · program services $1,750
-
17 · Travel
total $7,967 · program services $7,967
-
23 · Insurance
total $14,385 · program services $14,385
-
24a · Other expenses: Equipment
total $14,628 · program services $14,628
-
24b · Other expenses: Team Meals
total $16,078 · program services $16,078
-
24c · Other expenses: Independent Contractors
total $10,375 · program services $10,375
-
24d · Other expenses: utilities
total $7,099 · program services $7,099
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $315,791 · end of year $117,491
-
17 · Accounts payable and accrued expenses
beginning of year $315,791
-
31 · Retained earnings, endowment or other funds
end of year $117,491
Mission and programs · 2024
Mission
To foster amature sports comptetion for lower socio economics youth
-
To Foster amateur sports competition for lower socio ecomonics youth
Expenses $360,894 · Revenue $478,385
As filed on the 2024 return.
Listed in Part VII
-
Shawn T Williams Sr
President
- Total calculated
- $0
- Hours/week
- 65 + 65 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541559349300134
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.