Southwest Sports Wellness Foundation
- Assets
- $459.9k
- Revenue
- $44.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Chula Vista, CA
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 27-3809531
Organization Overview
Southwest Sports Wellness Foundation is located in Chula Vista, CA. The organization was established in 2012. According to its NTEE Classification (N20) the organization is classified as: Camps, 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. Southwest Sports Wellness 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 12/2023, Southwest Sports Wellness Foundation generated $44.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $50.5k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE STUDENT ATHLETES WITH FREE INJURY CLINICS DURING THE FALL SPORTS SEASON, WHICH GENERALLY RUNS FROM LATE AUGUST UNTIL EARLY NOVEMBER. DURING THE CLINICS A PHYSICIAN OR PHYSICAL THERAPIST EXAMS THE STUDENT WHO MIGHT HAVE BEEN INJURED EITHER DURING A GAME OR PRACTICE. TO ACCOMPLISH THESE OBJECTIVES DURING 2023, ON A TYPICAL WEEKDAY AN AVERAGE OF 3 STUDENTS ARE SEEN BY THE VOLUNTEERS AND IF NECESSARY, THE STUDENTS RECEIVE X-RAYS OR PHYSICAL THERAPY AND REFERRED TO A PHYSICIAN OR PHYSICAL THERAPIST FOR FOLLOW-UP EXAM AND/OR TREATMENT.
TO PROVIDE FELLOWSHIPS FOR HEALTH CARE PROFESSIONALS INTERESTED IN SPECIALTY TRAINING IN SPORTS MEDICINE AND SCHOLARSHIPS FOR STUDIES LEADING TO CAREERS IN SPORTS MEDICINE FOR STUDENTS AND HEALTH CARE PROFESSIONALS WHO DEMONSTRATE INTEREST IN THE FIELD, SHOW PROMISE IN BEING ABLE TO CONTRIBUTE TO THE COMMUNITY AND HAVE A FINANCIAL NEED. TO ACCOMPLISH THESE OBJECTIVES DURING 2023,THE FOUNDATION PROVIDED NINE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS WHOM THEIR TEACHERS/COUNSELORS RECOMMENDED.
TO SUPPORT STUDENT-ATHLETES WITH ACCESS TO SCREENING EXAMS FOR EARLY DIAGNOSIS AND SPORTS INJURIES FROM PARTICIPATION IN CO-CURRICULAR ACTIVITIES IN SUHSD, AND ACCESS TO PHYSICAL THERAPY CARE FOR REHABILITATION. TO ACCOMPLISH THESE OBJECTIVES DURING 2023, THE FOUNDATION UNDERWROTE SPORTS INJURY CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Charles A Camarata MD President & CEO | OfficerTrustee | 25 | $0 |
Michael Stein Treasurer | OfficerTrustee | 3 | $0 |
Dr Mark Selecky MD Director | Trustee | 2 | $0 |
Dr Mike Lenihan MD Director | Trustee | 1 | $0 |
Stephen Camarata PHD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,883 |
| Noncash contributions included in lines 1a–1f | $20,023 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,883 |
| Total Program Service Revenue | $0 |
| Investment income | $21,938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$16,351 |
| Net Income from Fundraising Events | $2,883 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,100 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $3,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $343 |
| Fees for services: Other | $6,643 |
| Advertising and promotion | $420 |
| Office expenses | $469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $2,973 |
| All other expenses | $882 |
| Total functional expenses | $50,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,682 |
| 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 | $1,092 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $440,168 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $459,942 |
| Accounts payable and accrued expenses | $1,226 |
| 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 | $1,226 |
| Net assets without donor restrictions | $458,716 |
| Net assets with donor restrictions | $0 |
| 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 | $459,942 |