National Strength And Conditioning Association Foundation
- Assets
- $3.3m
- Revenue
- $228.5k
- Investments
- $243.5k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 03/2008
- Data as of
- 03/2023
- EIN
- 26-0587834
Organization Overview
National Strength And Conditioning Association Foundation is located in Colorado Springs, CO. The organization was established in 2008. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, 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. National Strength And Conditioning Association 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 03/2023, National Strength And Conditioning Association Foundation generated $228.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $505.4k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National Strength And Conditioning Association Foundation has awarded 87 individual grants totaling $1,527,604. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MISSION OF THE NATIONAL STRENGTH AND CONDITIONING ASSOCIATION BY PROVIDING FUNDING FOR EDUCATIONAL AND RESEARCH ACTIVITIES THAT ENHANCE THE PRACTICAL APPLICATION OF STRENGTH AND CONDITIONING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS AND SCHOLARSHIPS TO MEMBERS OF THE NATIONAL STRENGTH AND CONDITIONING ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Melrose President | OfficerTrustee | 1 | $0 |
Nicole Dabbs Vice President | OfficerTrustee | 1 | $0 |
Ludmila Cosio Lima Treasurer | OfficerTrustee | 1 | $0 |
Ashley Jackson Secretary | OfficerTrustee | 1 | $0 |
Tom Mahoney Board Member- Until July 2022 | Trustee | 1 | $0 |
Kritsten Snyman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $58,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,549 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,549 |
| Total Program Service Revenue | $0 |
| Investment income | $64,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $990 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $228,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,073 |
| Grants and other assistance to domestic individuals. | $86,821 |
| Grants and other assistance to Foreign Orgs/Individuals | $24,940 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,227 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88 |
| Fees for services: Accounting | $5,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,199 |
| Fees for services: Other | $20,779 |
| Advertising and promotion | $0 |
| Office expenses | $6,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,812 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,532 |
| All other expenses | $0 |
| Total functional expenses | $505,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $522,129 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $668 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,412 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,527,362 |
| Investments—other securities | $243,506 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,299,077 |
| Accounts payable and accrued expenses | $600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,603 |
| Total liabilities | $43,203 |
| Net assets without donor restrictions | $3,105,100 |
| Net assets with donor restrictions | $150,774 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,299,077 |
Grants Awarded
Over the last fiscal year, National Strength And Conditioning Association Foundation has awarded $155,072 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KANSAS CENTER FOR RESEARCH PURPOSE: DIRECTED RESEARCH GRANT | $24,025 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: DOCTORAL RESEARCH GRANT | $14,960 |
AUBURN UNIVERSITY PURPOSE: GNC GRANT AND GRADUATE RESEARCH GRANT- DOCTORAL | $25,000 |
GEORGIA SOUTHERN UNIVERSITY PURPOSE: GRADUATE RESEARCH GRANT- MASTERS | $7,500 |
UNIVERSITY OF NORTH TEXAS PURPOSE: GRADUATE RESEARCH GRANT- MASTERS | $7,500 |
UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION PURPOSE: GRADUATE RESEARCH GRANT- DOCTORAL | $14,901 |