Civic Intelligence

7Element Athletics Inc.

990EZ • Fiscal year 2020 • EIN 83-1248558

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

501 Union St 4th FLNashville, TN 37219

(931) 249-5660

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

80th percentile

33%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

88th percentile

105%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

40th percentile

-24%

Faster revenue growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$38,600

Up $19,749 (+105%) from 2019

Net Assets

Up

$38,600

Up $19,749 (+105%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$59,824

Down $19,402 (-24%) from 2019

Expenses

Down

$40,075

Down $20,487 (-34%) from 2019

Net Income

Up

$19,749

Up $1,085 (+5.8%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2019: $18,851Net Assets 2019: $18,8512019Assets 2020: $38,600Net Assets 2020: $38,6002020Assets 2021: $47,053Net Assets 2021: $47,0532021Assets 2022: $23,283Net Assets 2022: $23,2832022

Highlighted filing

2020

Assets$38,600
Liabilities-
Net Assets$38,600

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2019: $79,226Expenses 2019: $60,562Net Income 2019: $18,6642019Revenue 2020: $59,824Expenses 2020: $40,075Net Income 2020: $19,7492020Revenue 2021: $65,562Expenses 2021: $57,109Net Income 2021: $8,4532021Revenue 2022: $17,617Expenses 2022: $41,387Net Income 2022: -$23,7702022

Highlighted filing

2020

Revenue$59,824
Expenses$40,075
Net Income$19,749
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$59,824
Mission and Program Overview

Mission

Our mission at 7element is to provide a healthy mental outlet for our members, a sense of purpose to our members, and to close the civilian/ military divide. 7element uses the power of sports to provide a place for members to feel as though they are needed and to provide a median to close the division between those who sacrifice for our communities and the people who live in those communities. 7element plans to complete its mission by helping relieve the financial burden that is associated with many sports. Whether through league fees or by providing sporting equipment, 7element is dedicated to getting our members involved in the sport of their choice.

Program Services

DescriptionGrantsExpenses
THE PROGRAM HAS PROVIDED FREE OF COST SPORTS PROGRAMS IN THE FORM OF ICE HOCKEY AND OUTDOOR SPORTS. OUR HOCKEY PROGRAM HAS COVERED THE ENTIRE COST OF PLAYING THE SPORT FOR OVER 300 PLAYERS IN THE MIDDLE TN AREA. THAT INCLUDES EQUIPMENT, TAPE, SKATE SHARPENING, FOOD AND BEVERAGE, ICE FEES, AND INCIDENTALS. THE OUTDOOR PROGRAM HAS PROVIDED CAMPING EQUIPMENT FOR OUTDOOR ACTIVITIES.-$23,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN R BAILEYExecutive DiFT$0--
ANTHONY THOMASOperations DFT$0--
KATHRYN RIHERDBoard PresidPT$0--
LUKE JERKINSEsq. TreasurPT$0--
KYLE BERNARDDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
7element Athletics Inc
EIN
83-1248558
Phone
9312495660
Address
501 UNION ST 4TH FL, NASHVILLE, TN 37219

Signing Officer

Name
Brian R Bailey
Title
Executive Director
Phone
9312495660
Signed
2021-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Erin H Lee CPA
Address
3402 CAINLO DR STE 900, CLARKSVILLE, TN 37042-0871
Preparer
Erin H Lee CPA
Phone
9316140877
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,591 office expense 4,096 travel 660 meals 194 auto expense 551 license 40 total 7,132

Form 990-ez, Part III

Our mission at 7element is to provide a healthy mental outlet for our members, a sense of purpose to our members, and to close the civilian/ military divide. 7element uses the power of sports to provide a place for members to feel as though they are needed and to provide a median to close the division between those who sacrifice for our communities and the people who live in those communities. 7element plans to complete its mission by helping relieve the financial burden that is associated with many sports. Whether through league fees or by providing sporting equipment, 7element is dedicated to getting our members involved in the sport of their choice.

Form 990-ez, Part III, Line 28

The program has provided free of cost sports programs in the form of ice hockey and outdoor sports. Our hockey program has covered the entire cost of playing the sport for over 300 players in the middle tn area. That includes equipment, tape, skate sharpening, food and beverage, ice fees, and incidentals. The outdoor program has provided camping equipment for outdoor activities.

Raw XML Appendix143 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0BRIAN R BAILEY
CompensationExplanation/CompensationExplanationGrp/PersonNm1ANTHONY THOMAS
CompensationExplanation/CompensationExplanationGrp/PersonNm2KATHRYN RIHERD
CompensationExplanation/CompensationExplanationGrp/PersonNm3LUKE JERKINS
CompensationExplanation/CompensationExplanationGrp/PersonNm4KYLE BERNARD
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt023210
IRS990EZ/BooksInCareOfDetail/PersonNm0BRIAN R BAILEY
IRS990EZ/BooksInCareOfDetail/PhoneNum09312495660
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0725 MERIWETHER ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLARKSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037040
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018851
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038600
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt059824
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019749
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06894
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018851
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038600
IRS990EZ/GrossReceiptsAmt059824
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018851
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038600
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018851
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038600
IRS990EZ/OccupancyRentUtltsAndMaintAmt02622
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN R BAILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANTHONY THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHRYN RIHERD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LUKE JERKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KYLE BERNARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OPERATIONS D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD PRESID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ESQ. TREASUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt07132
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION AT 7ELEMENT IS TO PROVIDE A HEALTHY MENTAL OUTLET FOR OUR MEMBERS, A SENSE OF PURPOSE TO OUR MEMBERS, AND TO CLOSE THE CIVILIAN/ MILITARY DIVIDE. 7ELEMENT USES THE POWER OF SPORTS TO PROVIDE A PLACE FOR MEMBERS TO FEEL AS THOUGH THEY ARE NEEDED AND TO PROVIDE A MEDIAN TO CLOSE THE DIVISION BETWEEN THOSE WHO SACRIFICE FOR OUR COMMUNITIES AND THE PEOPLE WHO LIVE IN THOSE COMMUNITIES. 7ELEMENT PLANS TO COMPLETE ITS MISSION BY HELPING RELIEVE THE FINANCIAL BURDEN THAT IS ASSOCIATED WITH MANY SPORTS. WHETHER THROUGH LEAGUE FEES OR BY PROVIDING SPORTING EQUIPMENT, 7ELEMENT IS DEDICATED TO GETTING OUR MEMBERS INVOLVED IN THE SPORT OF THEIR CHOICE.
IRS990EZ/PrintingPublicationsPostageAmt0217
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PROGRAM HAS PROVIDED FREE OF COST SPORTS PROGRAMS IN THE FORM OF ICE HOCKEY AND OUTDOOR SPORTS. OUR HOCKEY PROGRAM HAS COVERED THE ENTIRE COST OF PLAYING THE SPORT FOR OVER 300 PLAYERS IN THE MIDDLE TN AREA. THAT INCLUDES EQUIPMENT, TAPE, SKATE SHARPENING, FOOD AND BEVERAGE, ICE FEES, AND INCIDENTALS. THE OUTDOOR PROGRAM HAS PROVIDED CAMPING EQUIPMENT FOR OUTDOOR ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023800
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040075
IRS990EZ/TotalProgramServiceExpensesAmt023800
IRS990EZ/TotalRevenueAmt059824
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.7ELEMENT.ORG/
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt079226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0139050
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0139050
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt059824
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt079226
IRS990ScheduleA/Total509Grp/TotalAmt0139050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt059824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt079226
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0139050
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,591 OFFICE EXPENSE 4,096 TRAVEL 660 MEALS 194 AUTO EXPENSE 551 LICENSE 40 TOTAL 7,132
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR MISSION AT 7ELEMENT IS TO PROVIDE A HEALTHY MENTAL OUTLET FOR OUR MEMBERS, A SENSE OF PURPOSE TO OUR MEMBERS, AND TO CLOSE THE CIVILIAN/ MILITARY DIVIDE. 7ELEMENT USES THE POWER OF SPORTS TO PROVIDE A PLACE FOR MEMBERS TO FEEL AS THOUGH THEY ARE NEEDED AND TO PROVIDE A MEDIAN TO CLOSE THE DIVISION BETWEEN THOSE WHO SACRIFICE FOR OUR COMMUNITIES AND THE PEOPLE WHO LIVE IN THOSE COMMUNITIES. 7ELEMENT PLANS TO COMPLETE ITS MISSION BY HELPING RELIEVE THE FINANCIAL BURDEN THAT IS ASSOCIATED WITH MANY SPORTS. WHETHER THROUGH LEAGUE FEES OR BY PROVIDING SPORTING EQUIPMENT, 7ELEMENT IS DEDICATED TO GETTING OUR MEMBERS INVOLVED IN THE SPORT OF THEIR CHOICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROGRAM HAS PROVIDED FREE OF COST SPORTS PROGRAMS IN THE FORM OF ICE HOCKEY AND OUTDOOR SPORTS. OUR HOCKEY PROGRAM HAS COVERED THE ENTIRE COST OF PLAYING THE SPORT FOR OVER 300 PLAYERS IN THE MIDDLE TN AREA. THAT INCLUDES EQUIPMENT, TAPE, SKATE SHARPENING, FOOD AND BEVERAGE, ICE FEES, AND INCIDENTALS. THE OUTDOOR PROGRAM HAS PROVIDED CAMPING EQUIPMENT FOR OUTDOOR ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN R BAILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09312495660
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt07ELEMENT ATHLETICS INC
ReturnHeader/Filer/BusinessNameControlTxt07ELE
ReturnHeader/Filer/EIN0831248558
ReturnHeader/Filer/PhoneNum09312495660
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 UNION ST 4TH FL
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037219
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474132487
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERIN H LEE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03402 CAINLO DR STE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLARKSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370420871
ReturnHeader/PreparerPersonGrp/PhoneNum09316140877
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN H LEE CPA
ReturnHeader/ReturnTs02021-11-06T08:33:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BAILEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings