Central Athletic Foundation is located in Greenwell Springs, LA. The organization was established in 2017. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Central Athletic 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, Central Athletic Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 72.7% each year . All expenses for the organization totaled $927.3k during the year ending 12/2022. While expenses have increased by 72.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ALL THE ATHLETIC PROGRAMS OF PUBLIC SCHOOLS IN THE CITY OF CENTRAL, LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE FACILITIES AND ATHLETIC PROGRAMS OF BOYS AND GIRLS ATHLETIC PROGRAMS AT CENTRAL HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Bossier Director | Trustee | $0 | |
Jason Leaphart Director | Trustee | $0 | |
Casey Patterson Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,100,000 |
All other contributions, gifts, grants, and similar amounts not included above | $50,646 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,150,646 |
Total Program Service Revenue | $32,896 |
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 | $1,183,542 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $562 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $5,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,077 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
All other expenses | $52,757 |
Total functional expenses | $927,300 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,959,476 |
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 | $0 |
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 | $1,959,476 |
Accounts payable and accrued expenses | $31 |
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 | $31 |
Net assets without donor restrictions | $1,959,445 |
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 | $1,959,476 |
Organization Name | Assets | Revenue |
---|---|---|
The Hunt Family Foundation El Paso, TX | $209,998 | $8,850,500 |
Fred And Mabel R Parks Foundation Sugar Land, TX | $40,658,394 | $6,321,211 |
Ray C Fish Foundation Houston, TX | $19,704,977 | $3,385,819 |
Central Athletic Foundation Greenwell Springs, LA | $1,959,476 | $1,183,542 |
Central Austin Hockey Association Austin, TX | $51,155 | $326,304 |
Archers Usa Foundation Alma, AR | $3,557 | $344,427 |
Boswell Athletic Booster Club Fort Worth, TX | $192,970 | $338,620 |
Diamond Sports Association Inc San Antonio, TX | $128,577 | $302,415 |
Jonesboro City Stars Booster Club Jonesboro, AR | $71,116 | $296,938 |
Biles World Champions Gymnastics Foundation Spring, TX | $95,309 | $227,574 |
Spartan Booster Club Houston, TX | $467,937 | $347,005 |
Kalamazoo River Community Recreational Foundation Houston, TX | $2,420,627 | $229,576 |