Algonquin Sports Inc
- Assets
- $180.2k
- Revenue
- $233.2k
- Investments
- $0.0
- Employees
- 80
- Location
- Buffalo, NY
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 26-0682893
Organization Overview
Algonquin Sports Inc is located in Buffalo, NY. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Algonquin Sports Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Algonquin Sports 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 12/2021, Algonquin Sports Inc generated $233.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $280.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH SPORTS AND MENTORSHIP, WE EMPOWER UNDERSERVED YOUTH THROUGHOUT WESTERN NEW YORK TO BECOME AGENTS OF CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN OUTDOOR RECREATION SOCCER PROGRAM WHICH RUNS AT SEVEN LOCAL PUBLIC PARKS AS WELL AS AFTER SCHOOL PROGRAMS THAT RUN AT 20 SCHOOLS AND COMMUNITY CENTERS. THE SOCCER FOR SUCCESS PROGRAM SERVED 2,000 PLAYERS. THE PROGRAM IS AVAILABLE FOR K-8 PLAYERS AND HOLDS PRACTICES THREE TIMES A WEEK FOR AT LEAST 75-90 MINUTES. THE PROGRAM PROVIDES EXPERT COACHES, SOCCER INSTRUCTION AND EQUIPMENT TO THE CHILDRED ALREADY PARTICIPATING IN THE AFTER SCHOOL PROGRAM. ADDITIONALLY, THE PROGRAM PROVIDES OCCASIONAL LOCALFARMER'S MARKETS TO GIVE FAMILIES ACCESS TO FRESH FRUITS AND VEGETABLES, AND TRANSPORTATION TO SPECIAL EVENTS THAT EXPOSE CHILDRED AND THEIR FAMILIES TO HEALTY COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Dewitt Director | OfficerTrustee | 1 | $0 |
Ryan Dinunzio Executive Di | Officer | 5 | $0 |
Jonathan Fleischauer President | Officer | 5 | $0 |
Regina Harris Director | Trustee | 1 | $0 |
Sarah Miller Director | Trustee | 1 | $0 |
Anna-Lesa Calvert Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $233,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,224 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,224 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $185,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,356 |
| Payroll taxes | $28,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,517 |
| Advertising and promotion | $101 |
| Office expenses | $2,147 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,116 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87 |
| Insurance | $10,681 |
| All other expenses | $0 |
| Total functional expenses | $280,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,082 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,136 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $180,218 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $96,352 |
| Net assets with donor restrictions | $83,866 |
| 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 | $180,218 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Algonquin Sports Inc has recieved totaling $75,670.
| Awarding Organization | Amount |
|---|---|
United Way Of Buffalo And Erie County Buffalo, NY PURPOSE: PROGRAM FUNDING | $29,250 |
Womens Sports Foundation New York, NY PURPOSE: Sports 4 Life Program | $20,000 |
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: ALGONQUIN SPORTS- SAMPLING PROGRAM | $13,920 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: TENNIS PROGRAM | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspira Inc Of Pennsylvania Philadelphia, PA | $16,896,454 | $35,689,519 |
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |