College Baseball Foundation
- Assets
- $417.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Lubbock, TX
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 20-1600248
Organization Overview
College Baseball Foundation is located in Lubbock, TX. The organization was established in 2006. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, College Baseball Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Baseball 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 12/2022, College Baseball Foundation generated $59.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $88.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ORGANIZES A WEEK OF CELEBRATIONS DURING THE LAST WEEKEND OF JUNE TO RECOGNIZE THE PAST AND PRESENT GREATS OF COLLEGE BASEBALL. THE WEEK'S EVENTS CULMINATE WITH THE INDUCTION OF PAST OUTSTANDING ATHLETES INTO THE NATIONAL COLLEGE BASEBALL HALL OF FAME AND THE RECOGNITION OF PRESENT OUTSTANDING COLLEGIATE ATHLETES DURING THE COLLEGE BASEBALL AWARDS SHOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Gustafson Executive Director | 40 | $36,000 | |
Craig Ramsey Chairman | 1 | $0 | |
Rick Greenspan Vice Chairman | 1 | $0 | |
Aaron Hill PHD Secretary | 1 | $0 | |
Chris Snead Treasurer | 1 | $0 | |
Dale Ancell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,510 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,458 |
| Other Revenue | $0 |
| Total Revenue | $58,968 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $14,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,968 |
| Total expenses | $88,468 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $415,714 |
| Other assets | $0 |
| Total assets | $417,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $417,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Football Foundation And College Hall Of Fame Inc Irving, TX | $13,819,643 | $4,609,840 |
Tulsa Healthy Families Association Tulsa, OK | $18,227,063 | $206,573 |
Carlton Woods Properties Inc The Woodlands, TX | $24,510,499 | $405,700 |
Directed Initiatives For Youth Inc Slidell, LA | $0 | $411,400 |
Usa Club Rugby Association Dallas, TX | $517,214 | $719,306 |
Johnson County Heritage Foundation Cleburne, TX | $394,726 | $179,991 |
Austin Softball Umpires Association Inc Austin, TX | $3,342 | $0 |
Cedar Park High School Cheer Booster Club Cedar Park, TX | $52,186 | $0 |
College Baseball Foundation Lubbock, TX | $417,485 | $0 |
Ronnie Coker Wintheday Foundation Bossier City, LA | $12,641 | $0 |
Equipped Lowell, AR | $12,614 | $0 |
New Braunfels Parks Foundation New Braunfels, TX | $1,087,701 | $27,162 |
24 7 Foundation Flower Mound, TX | $627 | $0 |
Camp Dakani Foundation Oklahoma City, OK | $260,745 | $0 |
Robson Ranch Denton Bocce Club Argyle, TX | $55,743 | $0 |
Walker Belden Foundation Boerne, TX | $22,838 | $0 |
Lacombe Recreation Boosters Lacombe, LA | $0 | $0 |
Oci Foundation Plano, TX | $1,605 | $0 |