National Scholastic Athletics Foundation Inc
- Assets
- $375.8k
- Revenue
- $2.4m
- Investments
- $25.0k
- Employees
- 2
- Location
- Westwood, MA
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 56-1734970
Organization Overview
National Scholastic Athletics Foundation Inc is located in Westwood, MA. The organization was established in 1992. 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 12/2023, National Scholastic Athletics Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Scholastic Athletics Foundation Inc 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 12/2023, National Scholastic Athletics Foundation Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SCHOLASTIC TRACK AND FIELD ATHLETICS - SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
NIKE OUTDOOR NATIONALS THE UNOFFICIAL U.S. HIGH SCHOOL TRACK AND FIELD OUTDOOR CHAMPIONSHIPS WITH MORE THAN 5,000 PARTICIPANTS FROM 50 STATES, THE DISTRICT OF COLUMBIA, CANADA, PUERTO RICO, AND BARBADOS. IT IS PART OF OUR CHARTER OF SUPPORTING JUNIOR AGE (UNDER 20) ATHLETES. IT IS FUNDED VIA SPONSORSHIPS, ENTRY FEES AND ADMISSION. THIS WAS A FOUR DAY EVENT HELD IN EUGENE, OR.
THE NATIONAL SCHOLASTIC ATHLETICS FOUNDATION (NSAF) IN PARTNERSHIP WITH USA TRACK & FIELD (USATF) POWERS THE NIKE ELITE PROGRAM, A ONE-OF-A-KIND INITIATIVE DESIGNED TO PROVIDE COMPREHENSIVE SUPPORT FOR THE TOP UNITED STATES HIGH SCHOOL TRACK AND FIELD ATHLETES FUELING THE NEXT GENERATION OF THE SPORT TO REACH THEIR GOALS AND POTENTIAL.
NIKE INDOOR NATIONALSTHE NATIONAL INDOOR TRACK AND FIELD CHAMPIONSHIPS FOR HIGH SCHOOL AGED ATHLETES HELD IN THE ARMORY TRACK & FIELD CENTER MARCH 8-10 IN NEW YORK, NY.
NIKE ELITE PERFORMANCE GROUP IS A YEAR LONG DEVELOPEMENTAL PROGRAM FOR 40 ATHLETES. THE PROGRAM IS DESIGNED TO PROVIDE COMPREHENSIVE SUPPORT FOR THE TOP HIGH SCHOOL TRACK AND FIELD ATHLETES IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chelo Canino Chairman Of The Board | OfficerTrustee | 15 | $0 |
John C Blackburn Board Secretary | OfficerTrustee | 1.5 | $3,750 |
Robert Jones MD Exec Board Member | Trustee | 1 | $2,500 |
Paul Limmer Exec Board Member | Trustee | 10 | $4,400 |
Sharon Couch Exec Board Member | Trustee | 0.25 | $0 |
Elizabeth Wheeler Julich Exec Board Member | Trustee | 1.5 | $3,000 |
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 | $851,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,303 |
| Total Program Service Revenue | $1,597,036 |
| 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 | $2,448,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $199,508 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $277,280 |
| Compensation of current officers, directors, key employees. | $69,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $569 |
| Advertising and promotion | $14,500 |
| Office expenses | $2,388 |
| Information technology | $5,207 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $178,633 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $297 |
| Interest | $2,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $250 |
| Insurance | $22,096 |
| All other expenses | $242,175 |
| Total functional expenses | $2,207,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,670 |
| Savings and temporary cash investments | $149 |
| 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 | $95,000 |
| Net Land, buildings, and equipment | $14 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $24,996 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $375,829 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $375,829 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $375,829 |