Schaumburg Athletic Association
- Assets
- $1.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Schaumburg, IL
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 36-3226309
Organization Overview
Schaumburg Athletic Association is located in Schaumburg, IL. The organization was established in 2001. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Schaumburg Athletic Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schaumburg Athletic Association 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, Schaumburg Athletic Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 7 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 PROVIDE YOUTH ATHLETIC PROGRAMS TO THE RESIDENTS OF THE SCHAUMBURG AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVEL COMPETITVE SOCCER LEAGUE AND EDUCATIONAL PROGRAM-APPROX 108 YOUTH BENFITTED
OTHER SPORT LEAGUES
SOFTBALL LEAGUE AND EDUCATIONAL PROGRAM-APPROX 452 YOUTH BENEFITTED
RECREATIONAL SOCCER LEAGUE AND EDUCATIONAL PROGRAM-APPROX 1250 YOUTH BENEFITTED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Aguirre Vice Preside | Trustee | $0 | |
Jason Batalden Board Member | Trustee | $0 | |
Anthony Butera Board Member | Trustee | $0 | |
Jennifer Calabrese Board Member | Trustee | $0 | |
John Calabria Board Member | Trustee | $0 | |
Stacia Carter Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $266,506 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,704 |
| Total Program Service Revenue | $1,718,680 |
| Investment income | $1,001 |
| 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 | $1,514 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,070,531 |
| 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 | $80,771 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,267 |
| Fees for services: Management | $10,655 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $114,853 |
| Office expenses | $4,094 |
| Information technology | $4,809 |
| Royalties | $0 |
| Occupancy | $368,297 |
| Travel | $11,532 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $223,259 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,497 |
| Insurance | $0 |
| All other expenses | $85,892 |
| Total functional expenses | $1,980,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,256 |
| Savings and temporary cash investments | $633,014 |
| 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 | $37,135 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $490,428 |
| Total assets | $1,528,833 |
| Accounts payable and accrued expenses | $0 |
| 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 | $496,253 |
| Total liabilities | $496,253 |
| Net assets without donor restrictions | $1,029,525 |
| Net assets with donor restrictions | $3,055 |
| 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 | $1,528,833 |