The information for Sports & Scholars Inc is as of the organization's most recent filing in December '21. This organization is located in Parma, OH. It has been in existence for 9 years, following its founding in 2012.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Sports & Scholars Inc is an organization classified under the NTEE code O19, which falls under the major classification of Youth Development. The NTEE code "O" indicates that the organization is involved in Support N.E.C. The classification description states that Sports & Scholars Inc provides various forms of support, excluding financial assistance or fund raising, for other organizations within the Youth Development major group area. Additionally, the organization is governed by section 3 of the Internal Revenue Code, which includes Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.
Sports & Scholars Inc has experienced growth over the given time period. The total revenue of the organization increased from $107.0K in 2015 to $148.9K in 2021, indicating a positive trend. This growth in revenue suggests that the nonprofit organization has been successful in generating more funds over the years, potentially enabling them to expand their programs and reach a larger audience.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yvonne Stewart President | 0.25 | $0 | |
Felicia Quinn Treasurer | 0.25 | $0 | |
Barbara Schustrich Secretary | 0.25 | $0 | |
Emily Lockshine Director | 0.25 | $0 | |
Kathleen Pero Director | 0.25 | $0 | |
Jeanne Weber Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $148,830 |
Other Revenue | $0 |
Total Revenue | $148,880 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $210 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $113,265 |
Total expenses | $113,475 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $105,011 |
Other assets | $0 |
Total assets | $105,011 |
Total liabilities | $0 |
Net assets or fund balances | $105,011 |
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