Sports Mentorship Academy
- Assets
- $80.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 06-1777757
Organization Overview
Sports Mentorship Academy is located in Rochester, MN. The organization was established in 2008. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Mentorship Academy 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 12/2022, Sports Mentorship Academy generated $190.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $193.6k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre Crockett Executive Di | 20 | $55,200 | |
Keith Lee Director | 0 | $0 | |
Ted Collins Director | 0 | $0 | |
Joseph Phillips Director | 0 | $0 | |
Omar Hassan Chairman | 0 | $0 | |
Michael Talley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,254 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,254 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,778 |
| Professional fees and other payments to independent contractors | $53,865 |
| Occupancy, rent, utilities, and maintenance | $9,931 |
| Printing, publications, postage, and shipping | $54 |
| Other expenses | $44,952 |
| Total expenses | $193,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,081 |
| Other assets | $0 |
| Total assets | $80,568 |
| Total liabilities | $1,121 |
| Net assets or fund balances | $79,447 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sports Mentorship Academy has recieved totaling $52,210.
| Awarding Organization | Amount |
|---|---|
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $25,210 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PURPOSE | $20,000 |
The Jcpenney Foundation Plano, TX PURPOSE: A JCP GENERAL MANAGER OR DISTRICT MANAGER SELECTS A LOCAL NONPROFIT PARTNER FOCUSED ON CLOSING THE OPPORTUNITY GAP TO RECEIVE A LEADER GRANT. | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avenues For Youth Minneapolis, MN | $3,613,474 | $3,029,889 |
The Brandlab Minneapolis, MN | $2,985,937 | $2,203,610 |
180zone Inc Davenport, IA | $3,365,742 | $2,243,678 |
Mandan Hockey Club Inc Mandan, ND | $1,708,324 | $877,690 |
Optimist International Prior Lake, MN | $174,040 | $498,924 |
Lead2change Inc Milwaukee, WI | $144,220 | $385,644 |
Open Doors For Youth Elk River, MN | $241,363 | $329,676 |
Optimist International Worthington, MN | $39,652 | $228,844 |
Luverne Hockey Club Luverne, MN | $1,034,983 | $294,167 |
Sports Mentorship Academy Rochester, MN | $80,568 | $0 |
Optimist International Sauk Rapids, MN | $64,280 | $169,753 |
Hazel Green Gymnastics Club Hazel Green, WI | $818,449 | $137,043 |