Cedar Lane Sports Foundation Inc is located in Churchville, MD. The organization was established in 2002. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Cedar Lane Sports Foundation 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 06/2022, Cedar Lane Sports Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $750.4k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS ORGANIZATION IS: A. TO DEVELOP AND IMPROVE HARFORD COUNTY, MARYLAND LAND INTO TOP QUALITY FIELD SPORTS RECREATION FACILITIES FOR LOCAL AND REGIONAL USE. B. TO COORDINATE A VARIETY OF CLINICS, LEAGUES, TOURNAMENTS AND SPECIAL EVENTS FOR BOTH YOUTH AND ADULTS TO ENHANCE THE QUALITY OF RECREATIONAL OPPORTUNITIES AVAILABLE TO LOCAL RESIDENTS. C. TO SOLICIT FUNDS, GOODS AND SERVICES FROM PRIVATE AND PUBLIC SOURCES FOR THE BENEFIT OF DEVELOPING HIGH QUALITY SPORTS FIELDS IN HARFORD COUNTY, MARYLAND. D. TO CREATE AN ORGANIZATION THAT IS ABLE TO MAINTAIN AND MANAGE THESE FACILITIES ON A SELF-SUSTAINING BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION COORDINATED A VARIETY OF CLINICS, LEAGUES, TOURNAMENTS AND SPECIAL EVENTS FOR BOTH YOUTH AND ADULTS TO ENHANCE THE QUALITY OF RECREATIONAL OPPORTUNITIES AVAILABLE TO LOCAL RESIDENTS. THE PRIMARY EVENTS ARE LOCAL, REGIONAL AND NATIONAL LACROSSE, SOCCER, FIELD HOCKEY, FOOTBALL, BASEBALL, RUGBY AND KICKBALL EVENTS. THE ESTIMATED NUMBER OF LOCAL RESIDENTS USING THE FACILITY IS OVER 10,000. TOTAL ATTENDANCE AT THE FACILITY IS WELL OVER 250,000. AN ESTIMATED 15,000-20,000 PEOPLE PASS THROUGH THE PARK DURING THE BIG TOURNAMENTS.
THE FOUNDATION COORDINATED A VARIETY OF CLINICS, LEAGUES, TOURNAMENTS AND SPECIAL EVENTS FOR BOTH YOUTH AND ADULTS TO ENHANCE THE QUALITY OF RECREATIONAL OPPORTUNITIES AVAILABLE TO LOCAL RESIDENTS. THE PRIMARY EVENTS ARE LOCAL, REGIONAL AND NATIONAL LACROSSE, SOCCER, FIELD HOCKEY, FOOTBALL, BASEBALL, RUGBY AND KICKBALL EVENTS. THE ESTIMATED NUMBER OF LOCAL RESIDENTS USING THE FACILITY IS OVER 10,000. TOTAL ATTENDANCE AT THE FACILITY IS WELL OVER 250,000. AN ESTIMATED 15,000-20,000 PEOPLE PASS THROUGH THE PARK DURING THE BIG TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Berthney Trustee | Officer | 1 | $0 |
John Mchugh Executive Di | Officer | 40 | $0 |
Joseph Pfaff President | Officer | 10 | $0 |
Dave Stromberg Secretary | Officer | 5 | $0 |
Daniel Tritsch Treasurer | Officer | 10 | $0 |
Donna Amoroso Vice Preside | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $250,000 |
All other contributions, gifts, grants, and similar amounts not included above | $9,259 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $259,259 |
Total Program Service Revenue | $791,118 |
Investment income | $93 |
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 | $1,050,470 |
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 | $15,120 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $161,025 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $38,071 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,707 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,990 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,404 |
All other expenses | $92,198 |
Total functional expenses | $750,373 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $174,619 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $191,397 |
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 | $2,426 |
Net Land, buildings, and equipment | $804,298 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,172,740 |
Accounts payable and accrued expenses | $15,671 |
Grants payable | $0 |
Deferred revenue | $430,068 |
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 | $445,739 |
Net assets without donor restrictions | $727,001 |
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 | $1,172,740 |
Over the last fiscal year, we have identified 1 grants that Cedar Lane Sports Foundation Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Greater Bel Air Community Foundation Inc Bel Air, MD | | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Park Foundation Washington, DC | $340,217,064 | $99,935,213 |
Goodwill Industries International Inc Rockville, MD | $67,550,943 | $66,436,715 |
Appalachian Trail Conservancy Harpers Ferry, WV | $31,433,012 | $14,528,575 |
Kaboom Inc Washington, DC | $33,837,191 | $27,499,929 |
Lake Ridge Parks & Recreation Association Inc Lake Ridge, VA | $11,873,713 | $7,365,440 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
National Parking Association Inc Washington, DC | $2,660,652 | $3,146,199 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Columbia Memorial Park Inc Arlington, VA | $6,724,392 | $4,421,124 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
The Brandywine Creek State Park Trust Delaware Community Foundation Inc Ttee Wilmington, DE | $0 | $168 |