2024-07-31T07:57:18-05:00 2023-09-30 882730877 CHERRY BEKAERT ADVISORY LLC 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990EZ 2022-10-01 521347948 ATLANTIC COAST CLUB INC ATLA 7575609887 P O BOX 3149 PORTSMOUTH VA 23701 KERMIT FOSTER PRESIDENT 7575609887 2024-07-24 1 0 RICHARD L DAIL P00632209 7574562400 2022 2024-08-08 14:25:15Z X X WWW.ATLCOASTTIMING.COM X X 143807 X 140548 2525 734 143807 1955 36000 411 137868 176234 -32427 107709 -155 75127 X 16750 11678 100312 65681 117062 77359 9353 2232 107709 75127 X TO PROVIDE ONGOING YOUTH ACTIVITY PROGRAMS THAT WILL PRODUCE A STRONG BODY AND SOUND MIND. SUPPORT WAS PROVIDED TO FIVE ATLANTIC COAST TRACK LEAGUE TEAMS COMPRISED OF AMATEUR ATHLETES. EXPENSES INCURRED TO PROVIDE TRAINING, ENTRY FEES, TRAVEL AND LODGING FOR ATHLETES. THE ORGANIZATION ALSO PROVIDES SCHEDULING AND HOSTING OF INDOOR AND OUTDOOR TRACK AND FIELD EVENTS AND COMPETITIONS, AS WELL AS TRACK MEET TIMING SERVICES, FOR CHILDREN BETWEEN THE AGES OF FIVE AND EIGHTEEN THROUGHOUT VIRGINIA AND NEIGHBORING STATES. 1955 174279 174279 KEISHA L FOSTER DIRECTOR 20.00 18000 0 0 KERMIT FOSTER PRESIDENT 20.00 18000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KERMIT FOSTER PO BOX 3149 PORTSMOUTH VA 23701 7575609887 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 98135 35700 50073 107181 140548 431637 98135 35700 50073 107181 140548 431637 0 0 0 431637 5490 5002 4179 2729 2525 19925 5490 5002 4179 2729 2525 19925 103625 40702 54252 109910 143073 451562 0.95590 0.93910 0.04410 0.06090 X FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 2,322. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 203. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 2,525. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: OTHER INCOME. AMOUNT: 734. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: HERITAGE HIGH SCHOOL. AMOUNT GIVEN: 400. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: LASHAWN MERRITT FOUNDATION. AMOUNT GIVEN: 250. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: TRACK 757. AMOUNT GIVEN: 600. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: REAL DEAL TRACK CLUB. AMOUNT GIVEN: 180. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: VIRGINIA BEACH FLAMES. AMOUNT GIVEN: 350. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: FIVE STAR EAGLES. AMOUNT GIVEN: 175. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 1,955. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: SECURITY. AMOUNT: 4,545. DESCRIPTION: VEHICLE EXPENSES. AMOUNT: 9,600. DESCRIPTION: TRAINER. AMOUNT: 880. DESCRIPTION: OTHER. AMOUNT: 2,510. DESCRIPTION: OFFICIALS . AMOUNT: 15,300. DESCRIPTION: TRACK TEAM EXPENSES. AMOUNT: 94,567. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 577. DESCRIPTION: POSTAGE. AMOUNT: 353. DESCRIPTION: STORAGE. AMOUNT: 4,938. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,066. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,532. TOTAL TO FORM 990-EZ, LINE 16: 137,868. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: UNREALIZED LOSS ON INVESTMENTS. AMOUNT: -155. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: RAYMOND JAMES. BEG. OF YEAR AMOUNT: 100,312. END OF YEAR AMOUNT: 65,681. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: LOAN. BEG. OF YEAR AMOUNT: 9,353. END OF YEAR AMOUNT: 1,229. DESCRIPTION: PAYROLL TAXES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,003.