United Sports Foundation Inc is located in Epping, NH. The organization was established in 2018. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. As of 06/2024, United Sports Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Sports 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 06/2024, United Sports Foundation Inc generated $346.9k in total revenue. All expenses for the organization totaled $142.6k during the year ending 06/2024.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE, SUPPORT AND GROW THE PHYSICAL WELL-BEING, LEADERSHIP SKILLS, AND SOCIAL AWARENESS OF ALL INDIVIDUALS REGARDLESS OF THEIR ECONOMIC STANDARD THROUGH PARTICIPATION IN COMPETITIVE ATHLETIC ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTS FUNDRAISING EVENTS LIKE GOLF TOURNAMENTS, CALENDAR RAFFLES, AND DINNER/AUCTION GALA. THE MONEY RAISED AT THESE EVENTS IS USED TO SPONSOR PLAYERS AND PROGRAMS BY OFFERING SCHOLARSHIPS AND COMMUNITY GRANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Kinzly Director | Trustee | 2 | $0 |
Peter Kratimenos Director | Trustee | 2 | $0 |
John Ragonese Director | Trustee | 2 | $0 |
Paul Willis Director | Trustee | 5 | $0 |
David Baker President | Officer | 2 | $0 |
Sarah Smith Treasurer | Officer | 2 | $0 |
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 | $214,129 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $214,129 |
Total Program Service Revenue | $0 |
Investment income | $5 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $132,787 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $346,921 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,400 |
Grants and other assistance to domestic individuals. | $67,323 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,774 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,855 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,152 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,500 |
Advertising and promotion | $0 |
Office expenses | $3,808 |
Information technology | $7,075 |
Royalties | $0 |
Occupancy | $0 |
Travel | $544 |
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 | $0 |
Insurance | $2,150 |
All other expenses | $0 |
Total functional expenses | $142,581 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $334,581 |
Savings and temporary cash investments | $0 |
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 | $1,500 |
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 | $336,081 |
Accounts payable and accrued expenses | $1,506 |
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 | $24,500 |
Total liabilities | $26,006 |
Net assets without donor restrictions | $0 |
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 | $310,075 |
Total liabilities and net assets/fund balances | $336,081 |