Tav Sports Foundation Inc
- Assets
- $20.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-3895664
Organization Overview
Tav Sports Foundation Inc is located in Frisco, TX. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Tav 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 12/2021, Tav Sports Foundation Inc generated $108.1k in total revenue. All expenses for the organization totaled $89.4k during the year ending 12/2021. While expenses have increased by 790.1% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PLANNED ACTIVITIES INCLUDE PROVIDING SCHOLARSHIPS AS WELL AS AN AVENUE TO HELP UNDERPRIVILEGED ATHLETES PARTICIPATE IN THE SPORT AT THE HIGHEST LEVEL BY MEANS OF FUNDRAISING AND CHARITABLE DONATIONS. THE SOLE INTENTION IS TO MITIGATE THE FINANCIAL BURDEN ON INDIVIDUAL FAMILIES THAT ARE IN NEED OF ASSISTANCE TO PROLONG THEIR PARTICIPATION IN THE SPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucas Reid Vice President | 10 | $0 | |
Corinne Atchison Secretary | 10 | $0 | |
Damon Boettecher President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,140 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,125 |
| Total expenses | $89,379 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,010 |
| Other assets | $0 |
| Total assets | $20,010 |
| Total liabilities | $1,188 |
| Net assets or fund balances | $18,822 |
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