National Sporting Goods Association
- Assets
- $31.4m
- Revenue
- $1.9m
- Investments
- $605.5k
- Employees
- 13
- Location
- Downers Grove, IL
- Founding
- 11/1976
- Data as of
- 10/2023
- EIN
- 36-2139222
Organization Overview
National Sporting Goods Association is located in Downers Grove, IL. The organization was established in 1976. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 10/2023, National Sporting Goods Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Sporting Goods Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2023, National Sporting Goods Association generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.2m during the year ending 10/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NSGA SUPPORTS ITS MEMBERS' EFFORTS TO GROW THEIR BUSINESS AND ADVOCATES ON THEIR BEHALF. THE MEMBERS INCLUDE SPORTING GOODS INDUSTRY RETAILERS, TEAM DEALERS, AND OTHER INDUSTRY SUPPORTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NSGA NOW MAGAZINE IS PUBLISHED SIX TIMES A YEAR AND HAS APPROXIMATELY 2,000 SUBSCRIBERS, MEMBERS AND NONMEMBERS. MEMBERS CAN ACCESS DIGITAL COPIES BY LOGGING INTO THE NSGA WEBSITE. ANNUAL ISSUE HIGHLIGHTS INCLUDE INFORMATION ON THE NSGA MANAGEMENT CONFERENCE & TEAM DEALER SUMMIT AND SPORTING GOODS INDUSTRY HALL OF FAME. REGULAR TOPICS INCLUDE ASSOCIATION AND MEMBER NEWS, RESEARCH INSIGHTS, ADVOCACY, AND UPDATES ON RULE CHANGES AND INDUSTRY-RELATED NEWS. NSGA ALSO PROVIDES ALL OF THIS INFORMATION THROUGH THE NSGA SCOREBOARD, AN ELECTRONIC BI-WEEKLY NEWSLETTER, WHICH GOES TO MEMBERS AND PROSPECTS. THERE IS SOME MEMBERS-ONLY CONTENT. NSGA ALSO HAS A MONTHLY NEWSLETTER FOR ITS HOCKEY DEALERS ASSOCIATION DIVISION, THE HOCKEY VOICE, AND A NEWSLETTER FOR THE NATIONAL SKI AND SNOWBOARD RETAILERS ASSOCIATION.
THE ANNUAL NSGA MANAGEMENT CONFERENCE & TEAM DEALER SUMMIT IS THE PREMIER EVENT IN THE SPORTING GOODS INDUSTRY WHERE ATTENDEES CAN NETWORK AND LEARN WITH TOP EXECUTIVES AND DECISION MAKERS FROM ACROSS THE INDUSTRY. THE MANAGEMENT CONFERENCE BEGAN IN 1965 FOR RETAILERS AND TEAM DEALERS TO SHARE PROBLEMS, SEEK SOLUTIONS AND EXCHANGE IDEAS. THE TEAM DEALER SUMMIT WAS ADDED IN 1999 FOR A SPECIALIZED EDUCATIONAL CONFERENCE TRACK TO ADDRESS GROWING NEEDS IN THE INDUSTRY. THE CONFERENCE & SUMMIT TODAY CONTINUES TO WELCOME ATTENDEES FROM ACROSS THE INDUSTRY EACH YEAR AND HAS GROWN TO INCLUDE MANUFACTURERS, INDUSTRY ASSOCIATES, AND LEADING CORPORATE EXPERTS WORLDWIDE.
NSGA'S RESEARCH PROVIDES A VARIETY OF PRODUCTS FOR THE SPORTING GOODS INDUSTRY AND BEYOND. ANNUALLY, NSGA OFFERS STUDIES EXPLORING PARTICIPATION IN VARIOUS RECREATIONAL ACTIVITIES INCLUDING FREQUENCY AND DEMOGRAPHIC INFORMATION. IN ADDITION, NSGA OFFERS HISTORICAL REPORTS OF THE PARTICIPATION STUDY FOR TRENDING AND ANALYSIS. NSGA ALSO PREPARES CUSTOM RESEARCH FOR THE BENEFIT OF ITS MEMBERS AND THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Fawley Director | Trustee | 1 | $0 |
Cole Johnson Director | Trustee | 1 | $0 |
David Labbe Past Chair | OfficerTrustee | 1 | $0 |
Gordon Geiger Chair-Elect/treasurer | OfficerTrustee | 1 | $0 |
John Scipio Director | Trustee | 1 | $0 |
Kevin Bezanson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,409 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $251,975 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,384 |
| Total Program Service Revenue | $232,062 |
| Investment income | $1,243,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,862 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,913,389 |
| 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. | $753,892 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $967,724 |
| Pension plan accruals and contributions | $97,496 |
| Other employee benefits | $117,968 |
| Payroll taxes | $109,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,961 |
| Fees for services: Accounting | $12,815 |
| Fees for services: Lobbying | $40,207 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $129,242 |
| Fees for services: Other | $100,487 |
| Advertising and promotion | $0 |
| Office expenses | $76,444 |
| Information technology | $55,212 |
| Royalties | $0 |
| Occupancy | $103,119 |
| Travel | $93,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $298,217 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,034 |
| Insurance | $26,838 |
| All other expenses | $13,280 |
| Total functional expenses | $3,232,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,496 |
| Savings and temporary cash investments | $617,981 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $251,975 |
| 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 | $199,691 |
| Net Land, buildings, and equipment | $199,162 |
| Investments—publicly traded securities | $28,870,879 |
| Investments—other securities | $605,472 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $335,519 |
| Total assets | $31,381,175 |
| Accounts payable and accrued expenses | $228,914 |
| Grants payable | $0 |
| Deferred revenue | $58,500 |
| 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 | $353,579 |
| Total liabilities | $640,993 |
| Net assets without donor restrictions | $30,740,182 |
| 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 | $31,381,175 |