Michigan Sports Academies Foundation
- Assets
- $202.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-2569262
Organization Overview
Michigan Sports Academies Foundation is located in Grand Rapids, MI. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Sports Academies Foundation 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, Michigan Sports Academies Foundation generated $113.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.9% each year . All expenses for the organization totaled $83.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MSA FOUNDATION PROVIDES FINANCIAL RESOURCES THAT FACILITATE PARTICIPATION BY UNDER-PRIVILEGED YOUTH IN SPORT. IN 2021 71 FAMILIES, 91 ATHLETES QUALIFIED FOR FINANCIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Richtsmeier Director | 1 | $0 | |
Katie Vanderweide President & Director | 1 | $0 | |
Jeff Boyd Director | 1 | $0 | |
Suzanne C Devos President Emeritus | 1 | $0 | |
Marcus Jones Director | 1 | $0 | |
Angela Cassiday Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,804 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$61,096 |
| Other Revenue | $0 |
| Total Revenue | $113,708 |
| 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 | $11,529 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,221 |
| Total expenses | $83,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,043 |
| Other assets | $0 |
| Total assets | $202,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $202,331 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Michigan Sports Academies Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Daniel & Pamella Devos Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $10,000 |
Dick And Betsy Devos Family Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $10,000 |
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|---|---|---|
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Catholic Youth Summer Camp Inc Centerburg, OH | $24,885,717 | $8,487,345 |
Brilliant Detroit Detroit, MI | $8,474,940 | $7,645,252 |
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Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
New City Kids Inc Grand Rapids, MI | $3,713,788 | $6,335,672 |
Gateway Woods Family Services Inc Leo, IN | $1,086,644 | $4,316,744 |
Fishers Soccer Club Inc Noblesville, IN | $3,814,503 | $3,510,504 |
Hype Athletics Community Inc Dearborn Heights, MI | $8,352,601 | $3,293,270 |
Dynamic Youth Ministries Grand Rapids, MI | $2,861,212 | $3,344,505 |
Gamers Outreach Foundation Saline, MI | $2,997,235 | $3,758,110 |