Sports Betting Alliance
- Assets
- $2.7m
- Revenue
- $13.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- Data as of
- 12/2022
- EIN
- 87-4117395
Organization Overview
Sports Betting Alliance is located in Arlington, VA. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Betting Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPORTS BETTING ALLIANCE (SBA) MEMBERS OFFER SAFE AND LEGAL ONLINE AND RETAIL SPORTS BETTING TO CUSTOMERS WITH CRITICAL SAFEGUARDS IN PLACE TO KEEP MINORS FROM BETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTED THE MEMBERS ON LEGISLATIVE AND REGULATORY ISSUES BY ADVOCATING FOR POLICIES THAT PROMOTE TRANSPARENT SPORTS BETTING.
EDUCATED THE PUBLIC AND POLICYMAKERS AND ENCOURAGED THE PUBLIC TO CONTACT POLICYMAKERS TO ADVOCATE FOR TRANSPARENT SPORTS BETTING VIA DIGITAL ADVERTISING.
BUILT A COALITION OF LIKE-MINDED ORGANIZATIONS TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT THE POSITIVE IMPACT OF SPORTS BETTING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Griffin Finan Director | Trustee | 1 | $0 |
Katie Peters Director | Trustee | 1 | $0 |
Rick Limardo Director | Trustee | 1 | $0 |
Alex Smith Director | Trustee | 1 | $0 |
Jeremy Kudon President | Officer | 1 | $0 |
Scott Ward Secretary/treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Parkside Group Llc Public Relations | 12/30/22 | $297,500 |
Public Blueprint Llc Public Relations | 12/30/22 | $330,000 |
Hillco Partners Llc Public Relations | 12/30/22 | $220,000 |
Capital Results Llc Public Relations | 12/30/22 | $165,000 |
The Gober Group Pllc Legal Fees | 12/30/22 | $183,737 |
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 | $13,020,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,020,000 |
| Total Program Service Revenue | $0 |
| 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 | $13,020,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $575 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $183,737 |
| Fees for services: Accounting | $57,500 |
| Fees for services: Lobbying | $6,304,794 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,093,807 |
| Advertising and promotion | $60,919 |
| Office expenses | $16,867 |
| Information technology | $1,667 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95,655 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,311,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,708,706 |
| 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 | $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 | $2,708,706 |
| 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 | $2,708,706 |
| 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 | $2,708,706 |