Major League Baseball Players Alumni Association is located in Colorado Springs, CO. The organization was established in 1984. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 12/2021, Major League Baseball Players Alumni Association employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Major League Baseball Players Alumni 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 12/2021, Major League Baseball Players Alumni Association generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GAME OF BASEBALL, RAISE MONEY FOR CHARITY, INSPIRE AND EDUCATE YOUTH THROUGH POSITIVE SPORT IMAGES AND PROTECT THE DIGNITY OF THE GAME THROUGH FORMER PLAYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - SERVES AS A MEMBERSHIP ORGANIZATION PROVIDING A NEWSLETTER AND MEMBER DEVELOPMENTS AND BENEFITS.
YOUTH BASEBALL CLINICS - THE ORGANIZATION OFFERS FREE CLINICS FEATURING FORMER MLB PLAYERS WHO WILL TEACH BASEBALL SKILLS, DRILLS AND LIFE LESSONS FOR YOUTH AGES 6 - 16.
SPECIAL EVENTS - THE ORGANIZATION SPONSORS VARIOUS EVENTS, SUCH AS GOLF TOURNAMENTS AND ALUMNI BASEBALL GAMES, TO PROMOTE BASEBALL AND RAISE FUNDS FOR CHARITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Foster Chief Executive Officer | Officer | 40 | $318,155 |
Geoff Hixson Chief Operating Officer | Officer | 40 | $215,667 |
Michael Groll Vice President Of Operatio | Officer | 40 | $178,267 |
Tracey Lucero-Corsi Chief Financial Officer | Officer | 40 | $164,518 |
Kate Tyo VP Of Membership & Development | 40 | $110,381 | |
Jim Hannan Chairman | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $248,534 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $251,163 |
All other contributions, gifts, grants, and similar amounts not included above | $1,839,234 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,338,931 |
Total Program Service Revenue | $0 |
Investment income | $128,470 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $318,857 |
Net Income from Fundraising Events | $6,209 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $6,545 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,799,012 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,350 |
Grants and other assistance to domestic individuals. | $10,000 |
Grants and other assistance to Foreign Orgs/Individuals | $57,876 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $546,528 |
Compensation of current officers, directors, key employees. | $16,480 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $425,520 |
Pension plan accruals and contributions | $25,906 |
Other employee benefits | $22,178 |
Payroll taxes | $65,140 |
Fees for services: Management | $0 |
Fees for services: Legal | $19,450 |
Fees for services: Accounting | $12,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $40,921 |
Fees for services: Other | $9,004 |
Advertising and promotion | $43,612 |
Office expenses | $196,377 |
Information technology | $159,946 |
Royalties | $0 |
Occupancy | $10,181 |
Travel | $94,432 |
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 | $13,401 |
Insurance | $69,404 |
All other expenses | $45,789 |
Total functional expenses | $2,081,380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $468,945 |
Savings and temporary cash investments | $2,436,761 |
Pledges and grants receivable | $60,000 |
Accounts receivable, net | $28,420 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $36,900 |
Inventories for sale or use | $154,187 |
Prepaid expenses and deferred charges | $145,009 |
Net Land, buildings, and equipment | $27,707 |
Investments—publicly traded securities | $4,479,691 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $707,450 |
Total assets | $8,545,070 |
Accounts payable and accrued expenses | $243,601 |
Grants payable | $0 |
Deferred revenue | $15,500 |
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 | $53,784 |
Total liabilities | $312,885 |
Net assets without donor restrictions | $8,172,185 |
Net assets with donor restrictions | $60,000 |
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 | $8,545,070 |
Over the last fiscal year, Major League Baseball Players Alumni Association has awarded $50,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: CONTRIBUTION | $30,000 |
Kansas City, MO PURPOSE: CONTRIBUTION | $10,000 |
Houston, TX PURPOSE: CONTRIBUTION | $10,000 |
Over the last fiscal year, we have identified 5 grants that Major League Baseball Players Alumni Association has recieved totaling $124,536.
Awarding Organization | Amount |
---|---|
Major League Baseball Charities Inc New York, NY PURPOSE: GENERAL PURPOSE | $60,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: NONPROFIT OFFICE SPACE | $38,603 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $25,500 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $418 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Organization Name | Assets | Revenue |
---|---|---|
Kansas University Alumni Association Lawrence, KS | $43,406,063 | $19,795,614 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Alumni Association Of Kansas State University Manhattan, KS | $26,684,842 | $5,906,410 |
University Of Arizona Alumni Association Tucson, AZ | $10,483,265 | $3,295,631 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
Arizona State University Alumni Association Tempe, AZ | $23,640,025 | $1,664,234 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Academy Services Corporation Tucson, AZ | $5,843,114 | $1,767,337 |
Bit Sindri Alumni Association Of North America Inc Albuquerque, NM | $219,822 | $1,141,830 |
University Of Wyoming Alumni Laramie, WY | $7,069,969 | $1,051,403 |
Beta Mu Building And Alumnae Association Boulder, CO | $5,502,607 | $1,091,365 |