Sports Factory Foundation
- Assets
- $37.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 14-2012200
Organization Overview
Sports Factory Foundation is located in Chicago, IL. The organization was established in 2008. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Factory Foundation 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 12/2021, Sports Factory Foundation generated $111.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $249.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MENTORING AND TUTORING PROGRAM FOR COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Mccoy President | 40 | $0 | |
Cedric Williams Treasurer | 1 | $0 | |
Marie Dumas Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,156 |
| 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 | $111,156 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $95,252 |
| Occupancy, rent, utilities, and maintenance | $169 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $153,946 |
| Total expenses | $249,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,462 |
| Other assets | $0 |
| Total assets | $37,462 |
| Total liabilities | $171,370 |
| Net assets or fund balances | -$133,908 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Next Door Foundation Inc Milwaukee, WI | $19,682,367 | $23,941,415 |
Indianapolis Parks Foundation Inc Indianapolis, IN | $2,785,719 | $1,402,836 |
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Cope Environmental Center Inc Centerville, IN | $2,793,518 | $403,692 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |