Lincoln Sports Foundation Inc

Organization Overview

Lincoln Sports Foundation Inc, operating under the name Ethel S Abbott Sports Complex, is located in Lincoln, NE. The organization was established in 2004. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethel S Abbott Sports Complex 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 12/2021, Ethel S Abbott Sports Complex generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $779.8k during the year ending 12/2021. While expenses have increased by 1.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE LINCOLN SPORTS FOUNDATION IS A COMMITMENT TO DEVELOPING, MENTORING AND TRAINING STUDENT ATHLETES AND THEIR FAMILIES THROUGH PROGRAMS THAT PROVIDE QUALITY COACHING AND FACILITIES ENABLING THEM TO REACH THEIR FULL POTENTIAL AS ATHLETES AND MEMBERS OF THE COMMUNITY REFLECTING OUR VALUES OF HONESTY, INTEGRITY AND A COMMITMENT TO EXCELLENCE, THROUGH THE OPERATION OF THE SPORTS COMPLEX.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INDOOR TRAINING CENTER IS THE HOME OF THE NEBRASKA SPORTS COUNCIL "CORNHUSKER GAMES." THE OUTDOOR TENNIS COURTS ARE HOME OF NEBRASKA WESLEYAN UNIVERSITY TENNIS TEAMS.


THE INDOOR SPORTS CENTER PROGRAM PROVIDES ONE OF THE MIDWEST'S LARGEST AND FINEST INDOOR SPORTS CENTERS WITH 4 INDOOR ARENAS OF 28,000 SQUARE FEET EACH. THE INDOOR SPORTS CENTER IS USED BY THE CAPITAL SOCCER ASSOCIATION AND THE CORNHUSKER SHOOTING STARS TO RUN THEIR PROGRAMS. TRACKVILLE USES THE SHOCK CUSHIONED FLOOR TO RUN THEIR PROGRAMS. TRACKVILLE IS ONE OF THE LARGEST PRIVATELY FOUNDED INDOOR TRACK FOUNDATIONS IN THE MIDWEST. THE INDOOR SPORTS CENTER HAS A TOTAL OF 6 VOLLEYBALL COURTS FOR YEAR AROUND USE. THE CAPITAL SOCCER ASSOCIATION UTILIZES AN ARENA WITH INDOOR SPORTS TURF TO RUN THEIR PROGRAMS IN THE WINTER MONTHS. THE CORNHUSKER SHOOTING STARS YOUTH BASKETBALL PROGRAM UTILIZES TWO ARENAS WITH 6 BASKETBALL COURTS TO RUN THEIR BASKETBALL PROGRAM. THE INDOOR SPORTS CENTER IS ALSO UTILIZED TO RUN BOTH VOLLEYBALL AND BASKETBALL TOURNAMENTS. NO COAST JR. ROLLER DERBY USES MULTICOURT SIDE FOR TRAINING AND MEETS. IN TOTAL, THE INDOOR SPORTS CENTER PROGRAM HAD HUNDREDS OF ATHLETES UTILIZE THE INDOOR SPORTS CENTER DURING THE TAX YEAR.


THE OUTDOOR SPORTS FIELDS PROGRAM PROVIDES 19 SPORT GRASS TURF PLAYING FIELDS. THE OUTDOOR SPORTS FIELDS ARE USED BY THE NEBRASKA STATE SOCCER ASSOCIATION, NEBRASKA STATE SOCCER LEAGUE, LINCOLN PUBLIC SCHOOLS, LINCOLN RAMPAGE LACROSSE, CAPITAL SOCCER ASSOCIATION, MEGELLIAN SOCCER CLUB, EVOLUTION SOCCER CLUB, SPECIAL OLYMPICS OF NEBRASKA AND THE INTERNATIONAL SOCCER LEAGUE TO RUN THEIR PROGRAMS. IN TOTAL, THE OUTDOOR SPORTS FIELDS PROGRAM HAD HUNDREDS OF ATHLETES UTILIZE THE OUTDOOR SPORTS FIELDS DURING THE TAX YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Lesoing
President
$0
Lisa Moore
Secretary
$0
Patrick Thomas
Treasurer
$0
Daniel Soltys
Director
$0
Rachel Culwell
Director
$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$772,817
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$772,817
Total Program Service Revenue$295,353
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 $348
Miscellaneous Revenue$0
Total Revenue $1,068,518

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lincoln Sports Foundation Inc has recieved totaling $35,005.

Awarding OrganizationAmount
Ethel S Abbott Charitable Foundation

Lincoln, NE

PURPOSE: DEBT REDUCTION GRANT

$35,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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