National Athletic Equipment Reconditioners Association
- Assets
- $50.1k
- Revenue
- $189.1k
- Investments
- $0.0
- Employees
- 0
- Location
- North Ridgeville, OH
- Founding
- Data as of
- 09/2023
- EIN
- 75-1523712
Organization Overview
National Athletic Equipment Reconditioners Association is located in North Ridgeville, OH. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Athletic Equipment Reconditioners 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 09/2023, National Athletic Equipment Reconditioners Association generated $189.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $206.3k during the year ending 09/2023. 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
THE NATIONAL ATHLETIC EQUIPMENT RECONDITIONING ASSOCIATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR SCIENTIFIC RESEARCH AND DEVELOPMENT OF TECHNIQUES AND DEVICES FOR THE REPAIR, RECONDITIONING, OR RESTORATION OF ATHLETIC EQUIPMENT TO THE ORIGINAL PERFORMANCE STANDARD FOR USE BY THE GENERAL PUBLIC; PROMULGATION OF STANDARDS AND TECHNIQUES TO TEST ATHLETIC EQUIPMENT WHICH HAS BEEN REPAIRED, RECONDITIONED OR RESTORED FOR ADHERENCE TO THE ORIGINAL PERFORMANCE STANDARDS AND TO REQUIREMENTS PROMULGATED BY THE NATIONAL OPERATING COMMITTEE FOR STANDARDS IN ATHLETIC EQUIPMENT; THE EDUCATION OF THE GENERAL PUBLIC OF THE STATE OF THE ART IN REPAIR, RECONDITIONING, RESTORATION AND RECOMMENDED USE OF ATHLETIC EQUIPMENT FOR THE SAFE INTENDED USE TO PREVENT, AVOID OR REDUCE INJURIES TO PARTICIPANTS IN ATHLETIC CONTESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED TO STUDENTS DEMONSTRATING EXCELLENCE IN ATHLETICS AND ACADEMICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Beam Executive Director | Officer | 40 | $73,311 |
Andrew Dixon Treasurer | Officer | 2 | $400 |
Greg Heider Secretary | Officer | 1 | $1,500 |
Ray Cromwell Former Treasurer | Officer | 2 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $186,851 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,621 |
| Total Program Service Revenue | $0 |
| Investment income | $1,453 |
| 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 | $189,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,011 |
| Compensation of current officers, directors, key employees. | $1,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,817 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,160 |
| Information technology | $1,554 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,456 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,130 |
| Total functional expenses | $206,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,128 |
| Savings and temporary cash investments | $19,951 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,079 |
| 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 | $50,079 |
| 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 | $50,079 |