Georgia Sports Foundation Inc
- Assets
- $185.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennesaw, GA
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 31-1508095
Organization Overview
Georgia Sports Foundation Inc is located in Kennesaw, GA. The organization was established in 1997. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Georgia 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 12/2022, Georgia Sports Foundation Inc generated $77.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $48.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
VOLUNTEERS ARE THE BACKBONE OF THE GEORGIA SPORTS FOUNDATION & ALL OF ITS PROGRAMS. ANNUALLY, VOLUNTEERS GIVE THEIR TIME, EFFORT & VACATION DAYS TO MAKE THE FOUNDATION & ALL OF ITS PROGRAMS SUCCESSFUL. THE EDUCATION DIVISIONTHIS DIVISION DEVELOPS AND PROMOTES PROGRAMS, SERVICES AND PARTNERSHIPS TO IMPROVE SPECIFIC POPULATION GROUPS.THE EDUCATION DIVISION CONSIST OF :SCHOLASTIC SPORTS OLYMPIADINTERNSHIP & JOB TRAINING PROGRAM SPORTS CLINICS THE FIVE RINGS OF GEORGIA NEWSLETTER EDUCATIONAL GRANTS PROGRAM SPORTSMANSHIP PROGRAM SCHOLARSHIP PROGRAM FITNESS & HEALTH DIVISIONTHIS DIVISION ASSISTS LOCAL EDUCATION INSTITUTIONS, WORKS WITH LOCAL SCHOOLS AND DISTRICTS TO PROMOTE PHYSICAL FITNESS PROGRAMS, INCREASE PHYSICAL FITNESS ACTIVITIES AND HEALTH EDUCATION, SUPPORT AND ASSIST OTHER LOCAL ORGANIZATIONS IN PROMOTING HEALTH AND FITNESS IN GEORGIA.EVENT OPERATIONS DIVISIONTHE EVENT OPERATION DIVISION HAS THE RESPONSIBILITY OF DIRECTING, COORDINATING & CONDUCTING THE PROGRAMS. THE CHAMPIONSHIPS IS AN ANNUAL OLYMPIC-STYLE SPORTS FESTIVAL HELD FOR GEORGIANS OF ALL AGES, ABILITIES, SOCIOECONOMIC STATUS AND GEOGRAPHIC LOCALS. DISTRICT SPORTS FESTIVAL ARE HELD ANNUALLY THROUGHOUT GEORGIA IN 10 REGIONAL SPORTS FESTIVALS PROVIDING A LOCAL FLAIR OF OLYMPISM TO THE ENTIRE STATE. WE HAVE A VOLUNTEER PROGRAM WHERE 3,500 VOLUNTEERS JOIN TOGETHER TO ACCOMPLISH THE FOUNDATION'S GOAL. THE COBB COP IS THE LARGEST YOUTH TEAM HANDBALL PROGRAM IN THE UNITED STATES, AND THEY CONDUCT WITH BOYS & GIRLS CLUBS, NGB'S AND LOCAL SCHOOL SYSTEMS. THE SOUTHEAST SPORTS FESTIVAL GATHERS THE SIX NEIGHBORING STATES TO CONDUCT THE INTER-STATE OLYMPIC-STYLE REGIONAL SPORTS FESTIVAL.ECONOMIC & DEVELOPMENT DIVISIONPHYSICAL FITNESS, HEALTH & SPORTS ARE A BILLION DOLLAR INDUSTRY WHICH SUPPORTS GRASSROOTS PROJECTS, SERVICES AND OUR LOCAL ECONOMY. THIS DIVISION CONSIST OF SPORT TOURISM PROGRAMS, NATIONAL EVENT HOSTING, VENUE DEVELOPMENT AND SPORT DEVELOPMENT. THE FOUNDATION HAS PROVIDED OVER $150,000 IN GRANTS TO LOCAL ORGANIZATIONS TO BUILD OR REFURBISH RECREATION AND PHYSICAL FITNESS FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Blair Chairman | 0 | $0 | |
Dr Mike Tenoshok PHD Director | 0 | $0 | |
Marc Riker Director | 0 | $0 | |
Karen Pfeifer Director | 0 | $0 | |
Matthew Ryan Director | 0 | $0 | |
Eric Pfeifer President & CEO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,023 |
| Total Program Service Revenue | $76,722 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,745 |
| 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 | $5,043 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,269 |
| Total expenses | $48,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,719 |
| Other assets | $0 |
| Total assets | $185,807 |
| Total liabilities | $58,594 |
| Net assets or fund balances | $127,213 |