Sports Academy Foundation
- Assets
- $66.3k
- Revenue
- $340.8k
- Investments
- $0.0
- Employees
- 28
- Location
- Thousand Oaks, CA
- Founding
- Data as of
- 12/2021
- EIN
- 38-4154821
Organization Overview
Sports Academy Foundation is located in Thousand Oaks, CA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Sports Academy Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Academy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPORTS ACADEMY FOUNDATION'S MISSION IS TO CREATE A POSITIVE IMPACT THROUGH SPORTS AND THE APPLICATION OF EDUCATIONAL TECHNOLOGY AND EXPERIENTIAL LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAF BASKETBALL LEAGUE THE BASKETBALL LEAGUE'S FOCUS IS TO PROVIDE ACCESS FOR ALL YOUTH TO PARTICIPATE AND CREATE A POSITIVE PLAYER EXPERIENCE. OUR OBJECTIVES ARE TO DEVELOP AND OFFER THE PLAYERS THE OPPORTUNITY TO LEARN THE FUNDAMENTAL SKILLS WHILE INSTILLING LIFE LESSONS AND VALUES SUCH AS CHARACTER, RESPECT, ACCOUNTABILITY, TEAMWORK, AND SPORTSMANSHIP TO ALL WHO WILL PARTICIPATE IN THE SPORTS ACADEMY FOUNDATION BASKETBALL LEAGUE. OBJECTIVES WILL BE ACHIEVED BY PROVIDING A COMPETITIVE, SUPERVISED YOUTH BASKETBALL RECREATION LEAGUE.
SAF BASKETBALL TEAM THE BASKETBALL TEAM'S FOCUS IS TO PROVIDE YOUTH PLAYERS ACCESS TO PARTICIPATE AND CREATE A POSITIVE PLAYER EXPERIENCE. OUR OBJECTIVES ARE TO DEVELOP AND OFFER THE PLAYERS THE OPPORTUNITY TO LEARN THE FUNDAMENTAL SKILLS WHILE INSTILLING LIFE LESSONS AND VALUES SUCH AS CHARACTER, RESPECT, ACCOUNTABILITY, TEAMWORK, AND SPORTSMANSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Stanislawski President | OfficerTrustee | 40 | $89,058 |
Steve Miller Chairman | OfficerTrustee | 0.5 | $0 |
Chad Faulkner Secretary | OfficerTrustee | 0.5 | $0 |
Jon Spotts Treasurer | OfficerTrustee | 0.5 | $0 |
Francisco Aguilar Director | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,767 |
| 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 | $340,787 |
| Statement of Expenses | |
|---|---|
| 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. | $90,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,394 |
| Payroll taxes | $4,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,950 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $497 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $306,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,769 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,187 |
| 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 | $31,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,312 |
| Accounts payable and accrued expenses | $20,732 |
| Grants payable | $0 |
| Deferred revenue | $73,877 |
| 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 | $94,609 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$28,297 |