Sports Venue Foundation
- Assets
- $7.7m
- Revenue
- $3.2m
- Investments
- $7.0m
- Employees
- 0
- Location
- White River Junction, VT
- Founding
- 12/2006
- Data as of
- 09/2022
- EIN
- 20-5165911
Organization Overview
Sports Venue Foundation is located in White River Junction, VT. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Venue 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 09/2022, Sports Venue Foundation generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $3.4m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES A COMMUNITY SWIMMING FACILITY TO PROMOTE INSTRUCTIONAL, RECREATIONAL, AND COMPETITIVE SWIMMING FOR ALL UPPER VALLEY RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Major Executive Director | 40 | $136,757 | |
Joseph Ellis Swim Team Director | 40 | $79,625 | |
Jennifer Baxter Finance Director | 40 | $74,999 | |
Erin Buck Fitness Director | 40 | $68,419 | |
Garrett Wilson Assistant Fitness Di | 40 | $61,577 | |
Karen Cox Swim School Director | 40 | $55,935 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vermont Heating And Ventilating | 9/29/17 | $83,374 |
Efficient Air Systems | 9/29/17 | $390,492 |
Breadloaf | 9/29/17 | $3,232,251 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $171,465 |
| Interest on Savings | $18,673 |
| Dividends & Interest | $487,549 |
| Net Rental Income | $26,853 |
| Net Gain on Sale of Assets | $94,083 |
| Capital Gain Net Income | $94,083 |
| Net ST Capital Gain | $94,083 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,380,787 |
| Total Revenue | $3,179,410 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $136,757 |
| Other employee salaries and wages | $1,715,331 |
| Pension plans, employee benefits | $126,250 |
| Interest | $0 |
| Taxes | $144,892 |
| Depreciation | $110,197 |
| Occupancy | $375,850 |
| Travel, conferences, and meetings | $5,444 |
| Printing and publications | $0 |
| Other expenses | $738,046 |
| Total operating and administrative expenses | $3,392,014 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,392,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,473 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $33,050 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,173 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,025,375 |
| Net Land, buildings, and equipment | $533,334 |
| Other assets | $0 |
| Total assets | $7,734,405 |
| Accounts payable and accrued expenses | $214,901 |
| Grants payable | $0 |
| Deferred revenue | $340,788 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,463 |
| Total liabilities | $560,152 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sports Venue Foundation has recieved totaling $10,750.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general support of charitable activities | $10,000 |
Price Choppers Golub Foundation Schenectady, NY PURPOSE: GENERAL SUPPORT/CAPITAL CAMPAIGN | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Waypoint Manchester, NH | $32,573,224 | $19,134,809 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |
Ibero-American Action League Inc Rochester, NY | $5,689,944 | $13,857,002 |
Capstone Community Action Inc Barre, VT | $12,760,181 | $16,370,682 |
Roxbury Tenants Of Harvard Association Inc Boston, MA | $107,579,482 | $10,061,394 |
Cfs Self-Directed Supports Inc New York, NY | $2,767,329 | $14,659,181 |
Mohawk Valley Community Action Agency Inc Utica, NY | $3,321,738 | $14,321,555 |
Aids Vaccine Advocacy Coalition New York, NY | $6,185,031 | $10,789,806 |
Murmuration Inc New York, NY | $61,693,994 | $72,332,143 |