World Players Of Handball Foundation
- Assets
- $166.1k
- Revenue
- $873.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 27-0286070
Organization Overview
World Players Of Handball Foundation is located in Tucson, AZ. The organization was established in 2018. 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. World Players Of Handball 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 12/2022, World Players Of Handball Foundation generated $873.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
DEVELOPMENT OF THE GROWTH OF HANDBALL THROUGH PROFESSIONAL AND AMATEUR TOURNAMENTS THROUGH INNOVATION (WEBCASTING, TOURNAMENT HOSTING & ADMINISTRATION)
YOUTH DEVELOPMENT PROGRAMS SPECIFICALLY FOCUSED AT USING THE GAME OF HANDBALL TO OFFER YOUTH QUALITY OPPORTUNITIES TO JOIN A PEER GROUP INVOLVED IN CHALLENGING, COMPETITIVE, SKILL & CHARACTER DEVELOPMENT TRAINING AND EVENTS. THESE EVENTS CONSIST OF 1) SUMMER PROGRAMS COORDINATED WITH LOCAL & COUNTY GOVERNMENT PROGRAMS TO IMPACT HUNDREDS YOUTH BETWEEN 8 AND 18 YEARS OF AGE. ONGOING YOUTH PROGRAMMING CONSISTS OF WEEKLY MENTORING AND INSTRUCTION AT LOCAL PARKS AND ATHLETIC FACILITIES, ADDITIONALLY, YOUTH HAVE NUMEROUS OPPORTUNITIES TO COMPETITIVE IN YOUTH TOURNAMENTS AND OPPORTUNITIES TO TRAVEL TO NATIONAL TOURNAMENTS. ALL OUR PROGRAMS OFFER PROGRAMS AT LITTLE OR NO COST TO THE PARTICIPANTS AND TO ALL PARTICIPANTS REGARDLESS OF SEX, AGE, RELIGION, OR ANY OTHER CIRCUMSTANCE. ONCE PARTICIPANTS PASS 18 YEARS OF AGE THERE ARE NUMEROUS WAYS FOR THEM TO PARTICIPATE IN OUR AMATEUR AND PROFESSIONAL OPPORTUNITIES. ALL YOUTH ARE WELCOME.
DEVELOPMENT OF THE GROWTH OF HANDBALL THROUGH DVD SALES, WEB ACCESS CHARGES TO VIEW LIVE TOURNAMENT PLAY AND HISTORICAL MATCHES, AND SALE OF HANDBALLS, AND RELATED HANDBALL EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Banfield Business Owner Board Member | 1 | $0 | |
Jeff Healam Business Owner Board Member | 1 | $0 | |
David Vincent Broadcasting Board Member | 40 | $116,892 | |
Charles L Charvoz CPA President | 5 | $0 | |
Steven Soto Secretary | 5 | $0 | |
Doug Clark Attorney Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $838,903 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$7,368 |
| Other Income | $41,438 |
| Total Revenue | $872,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $212,528 |
| Other employee salaries and wages | $72,577 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,115 |
| Depreciation | $19,565 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,343 |
| Printing and publications | $0 |
| Other expenses | $657,459 |
| Total operating and administrative expenses | $998,002 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $1,002,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,278 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $30,372 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $80,712 |
| Other assets | $2,692 |
| Total assets | $166,054 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |