Tuscaloosa Sports Foundation Inc is located in Tuscaloosa, AL. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Tuscaloosa Sports Foundation Inc 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 12/2023, Tuscaloosa Sports Foundation Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $24.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (67.2%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
HOSTING OF EVENTS TO ENHANCE VISITATION AND TOURISM TO THE CITY OF TUSCALOOSA AND THE WEST ALABAMA AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelsey Rush President An | 50 | $0 | |
Samyra Snoddy Board Presid | 5 | $0 | |
Max Karrh Jr Board Vice-P | 5 | $0 | |
Toby Wilson Board Treasu | 5 | $0 | |
Amy Echols Board Secret | 5 | $0 | |
Dennis Conner Board Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
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 | $5,000 |
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 | $24 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $24 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,801 |
Other assets | $0 |
Total assets | $9,801 |
Total liabilities | $0 |
Net assets or fund balances | $9,801 |
Over the last fiscal year, Tuscaloosa Sports Foundation Inc has awarded $108,018 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
TUSCALOOSA TOURISM AND SPORTS COMMISSION INC PURPOSE: DRUID CITY ARTS FESTIVAL | $9,750 |
TUSCALOOSA TOURISM AND SPORTS COMMISSION INC PURPOSE: DRUID CITY MUSIC FESTIVAL | $20,000 |
TUSCALOOSA TOURISM AND SPORTS COMMISSION INC PURPOSE: BICENTENNIAL | $78,268 |