Sports Catalyst Inc
- Assets
- $3.2m
- Revenue
- $2.7m
- Investments
- $300.0k
- Employees
- 4
- Location
- Spring, TX
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 35-2643819
Organization Overview
Sports Catalyst Inc is located in Spring, TX. The organization was established in 2019. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Sports Catalyst Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Catalyst 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 12/2023, Sports Catalyst Inc generated $2.7m in total revenue. All expenses for the organization totaled $3.7m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZING AND MAINTAINING SPORTS MOVEMENTS IN CITIES AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS LEADERSHIP TRAINING AND PARTNERSHIP DEVELOPMENT - OUR PURPOSE IS TO CATALYZE AND MAINTAIN SPORT MOVEMENTS IN CITIES AROUND THE WORLD. WE DO THIS BY TRAINING COACHES AND BUILDING LEADERSHIP CAPACITY THAT WILL IMPACT THE COMMUNITY AROUND THEM THROUGH TEAM SPORTS. WE ALSO HELP LOCAL COACHES, CLUB OWNERS, OR PRESIDENTS OF FEDERATIONS TO BRING NEW SPORTS INTO THEIR COUNTRIES. IN 2023, A MONTH- LONG SPORT LEADERSHIP SCHOOL WAS HELD IN 62 COUNTRIES, WHICH INCLUDES INTENSE TRAINING AND PRACTICUM, A TOTAL OF 1,295 NEW LEADERS WERE TRAINED AND 371 FACILITATORS HELPED LEAD THESE SCHOOLS. WOMAN IN SPORT PROGRAMING WAS DEVELOPED TO REACH PROFESSIONAL AND NON-PROFESSIONAL WOMEN ATHLETES IN EVERY AREA OF SPORT. 2 TRAININGS WERE HELD FOR THIS STRATEGY. 9,000+ PEOPLE WERE TRAINED ON HOW TO POSITIVELY IMPACT THEIR COMMUNITY USING SPORTS AND WHOLE LIFE COACHING METHODS.
UKRAINE RELIEF WORK - USING THE EXISTING SPORT NETWORK AND PARTNERSHIP THAT BEGAN IN 2002, WE PROVIDE ASSISTANCE TO COMMUNITIES AFFECTED BY THE ONGOING CONFLICT AND DISPLACEMENT CAUSED BY THE WAR. THROUGH VARIOUS PROGRAMS AND INITIATIVES, WE STRIVE TO BRING HOPE AND HEALING TO THOSE IMPACTED BY THIS CRISIS. IN 2023, 16,737 KIDS AND TEENS WERE REACHED THROUGH 164 TRAUMA HEALING SPORT CAMPS. 48 HOMES WERE REPAIRED BY 6 TEAMS/35 VOLUNTEERS IN 9 DIFFERENT VILLAGES IMPACTING 120 PEOPLE. 36,680 FAMILIES WERE HELPED USING 392 TONS OF FOOD AND SUPPLIES.
YOUTH, CHILDREN, AND COMMUNITY INITIATIVES - WE CREATE, SUPPORT AND HOLD SPORT FESTIVALS, CAMPS, AND OTHER YOUTH INITIATIVES THAT CONNECT THE COMMUNITY TOGETHER IN A POSITIVE WAY. 250 PEOPLE TRAINED IN THE ALL ABILITY PROGRAMS IN 8 COUNTRIES. ALL ABILITY LEADERS PARTICIPATED IN 6 SIGNIFICANT SPORT EVENTS FOR INDIVIDUALS WITH DISABILITIES. 80 LEADERS FROM 5 COUNTRIES WERE TRAINED IN E-GAME PROGRAMS THAT IMPACT MORE THAN 3,000 PEOPLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 40 | $170,500 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Executive Director | OfficerTrustee | 40 | $143,749 |
Name Not Listed Member | Trustee | 1 | $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 | $2,702,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,702,086 |
| Total Program Service Revenue | $227 |
| 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 | $2,702,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,750 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,304,574 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $314,249 |
| Compensation of current officers, directors, key employees. | $42,561 |
| Compensation to disqualified persons | $2,096 |
| Other salaries and wages | $156,820 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,829 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,586 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $60,133 |
| Office expenses | $120,985 |
| Information technology | $95,467 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $216,479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,387 |
| All other expenses | $0 |
| Total functional expenses | $3,706,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $662,789 |
| 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 | $300,000 |
| Investments—program-related | $2,222,500 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,185,289 |
| Accounts payable and accrued expenses | $42,335 |
| 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 | $42,335 |
| Net assets without donor restrictions | $2,517,147 |
| Net assets with donor restrictions | $625,807 |
| 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 | $3,185,289 |
Grants Awarded
Over the last fiscal year, Sports Catalyst Inc has awarded $70,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DISCOVER IDENTIFY DEVELOP PURPOSE: Sport Leadership Training & Partnership Development | $25,000 |
JSAW PURPOSE: Sport Leadership Training & Partnership Development | $10,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: Sport Leadership Training & Partnership Development | $30,000 |
TBARM CAMPS PURPOSE: Sport Leadership Training & Partnership Development | $5,200 |