Sport And Art Educationalfoundation is located in West Hollywood, CA. The organization was established in 2007. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Sport And Art Educationalfoundation 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, Sport And Art Educationalfoundation generated $2.3k 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 (38.4%) each year. All expenses for the organization totaled $3.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION SERVES THE COMMUNITY AS A MULTI-PURPOSE FACILITY TO BENEFIT THE LIVES OF 1) SENIOR CITIZENS IN THE EARLY STAGES OF ALZHEIMER'S, 2) THE GROWING POPULATION OF SENIORS AND BABY BOOMERS WHOSE LIVES HAVE BECOME SEDENTARY AND INACTIVE, 3) "AT-RISK" CHILDREN FROM LOW INCOME FAMILIES, AND 4) DEVELOPMENTALLY AND PHYSICALLY DISABLED CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Zaretsky President & CEO | 20 | $0 | |
Anita Zakharyan Cfo/secretary | 3 | $0 | |
Alla Tipograf Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,264 |
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 | $2,264 |
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 | $650 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,887 |
Total expenses | $3,537 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,350 |
Other assets | $0 |
Total assets | $118,286 |
Total liabilities | $0 |
Net assets or fund balances | $118,286 |