Federation Of International Lacrosse
- Assets
- $2.9m
- Revenue
- $3.6m
- Investments
- $40.3k
- Employees
- 11
- Location
- Colorado Springs, CO
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 31-1696547
Organization Overview
Federation Of International Lacrosse, operating under the name World Lacrosse, is located in Colorado Springs, CO. The organization was established in 2000. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, World Lacrosse employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Lacrosse 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 Lacrosse generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 39.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORLD LACROSSE IS THE INTERNATIONAL OLYMPIC COMMITTEE RECOGNIZED INTERNATIONAL FEDERATION FOR THE SPORT OF LACROSSE. AS SUCH, IT GOVERNS THE SPORT GLOBALLY WORKING WITH 70+ MEMBER NATIONAL GOVERNING BODIES AND THREE (3) CURRENTLY RECOGNIZED CONTINENTAL FEDERATIONS. THE CORPORATION'S VISION IS THAT LACROSSE IS RECOGNIZED AND PLAYED BY ALL COUNTRIES WORLDWIDE AND IS AN OLYMPIC SPORT. ITS MISSION IS TO DEVELOP LACROSSE THROUGHOUT THE WORLD TO POSITIVELY IMPACT THE LIVES OF ITS PARTICIPANTS AND THEIR COMMUNITIES. WORLD LACROSSE ASSISTS IN MEMBER NATIONAL GOVERNING BODIES (NGBS) TO GROW AND DEVELOP THE SPORT OF LACROSSE AND ORGANIZES GLOBAL EVENTS FOR ITS MEMBER NGBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORT DEVELOPMENT - WORLD LACROSSE INCREASED ITS PROGRAMMATIC SUPPORT OF OUR MEMBERS TO INCLUDE SIX NEW MEMBER NGBS DURING THE CURRENT YEAR, LAUNCHING NEW COACH DEVELOPMENT PROGRAMS, HOSTING BIWEEKLY WEBINARS, LAUNCHING A VIRTUAL TRAINING CENTER.
MEDIA, PUBLIC RELATIONS AND BRANDING - WORLD LACROSSE'S PROGRAM EXPENSES IN THE AREA OF MEDIA, PUBLIC RELATIONS AND BRANDING INCLUDES STAFF SALARIES FOR THOSE THAT WORK IN THIS AREA TO PROVIDE EXPOSURE FOR THE SPORT GLOBALLY, SOCIAL MEDIA PROMOTIONAL EXPENSES TO EXPAND THE REACH OF THE SPORT, BRANDING EXPENSES TO INCLUDE THE DEVELOPMENT OF MATERIALS TO MARKET THE SPORT INCLUDING OUR NEW DISCIPLINE OF THE GAME CALLED WORLD LACROSSE SIXES.
EVENTS - SUPPORT FOR INTERNATIONAL EVENTS THAT PROVIDE FOR FURTHER DEVELOPMENT OF THE GLOBAL SPORT OF LACROSSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Scherr Chief Executive Officer | OfficerTrustee | 50 | $243,411 |
Sue Redfern President | OfficerTrustee | 10 | $0 |
Steph Migchelsen Vice President | OfficerTrustee | 10 | $0 |
Steve Stenersen Vice President Through October '22 | OfficerTrustee | 10 | $0 |
Bob Demarco Development Director | Trustee | 10 | $0 |
Steve Govett Independent Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,086,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,086,334 |
| Total Program Service Revenue | $495,872 |
| Investment income | $1,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,206 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,584,616 |
| 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 | $239,142 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $649,548 |
| Compensation of current officers, directors, key employees. | $285,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $553,630 |
| Pension plan accruals and contributions | $13,948 |
| Other employee benefits | $60,971 |
| Payroll taxes | $76,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,429 |
| Fees for services: Accounting | $21,129 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $605 |
| Fees for services: Other | $1,124,454 |
| Advertising and promotion | $76,119 |
| Office expenses | $43,896 |
| Information technology | $54,496 |
| Royalties | $0 |
| Occupancy | $18,589 |
| Travel | $364,879 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,993 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $40,604 |
| All other expenses | $0 |
| Total functional expenses | $3,919,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,029,876 |
| Savings and temporary cash investments | $64,275 |
| Pledges and grants receivable | $1,501,110 |
| Accounts receivable, net | $79,587 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $85,000 |
| Inventories for sale or use | $98,414 |
| Prepaid expenses and deferred charges | $11,410 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $40,320 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,909,992 |
| Accounts payable and accrued expenses | $225,216 |
| Grants payable | $0 |
| Deferred revenue | $26,236 |
| 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 | $251,452 |
| Net assets without donor restrictions | $1,140,205 |
| Net assets with donor restrictions | $1,518,335 |
| 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 | $2,909,992 |