Spokane Regional Sports Commission
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Spokane, WA
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 91-1353931
Organization Overview
Spokane Regional Sports Commission is located in Spokane, WA. The organization was established in 1987. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Spokane Regional Sports Commission employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spokane Regional Sports Commission 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 12/2022, Spokane Regional Sports Commission generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 2.6% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC AND COMMUNITY DEVELOPMENT THROUGH SPORT TOURISM. BID TO HOST AND CREATE MAJOR SPORTING EVENTS, AND FACILITY CONSULTATION AND OPTIMIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND RECRUIT SPORTS EVENTS THAT PROVIDE AN ECONOMIC AND COMMUNITY IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Sawyer Executive Director | Officer | 40 | $175,178 |
Rustin Hall Board Chair | OfficerTrustee | 1 | $0 |
Barb Richey Vice Chair (through June 2022) | OfficerTrustee | 1 | $0 |
Jeff Geldien Trustee & Vice Chair | OfficerTrustee | 1 | $0 |
Mike Ekins Treasurer | OfficerTrustee | 1 | $0 |
Alexis Alexander Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,181,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,307,805 |
| Total Program Service Revenue | $27,363 |
| Investment income | $2,293 |
| 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 | $2,337,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $607,360 |
| Pension plan accruals and contributions | $18,024 |
| Other employee benefits | $43,657 |
| Payroll taxes | $51,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,400 |
| Advertising and promotion | $174,603 |
| Office expenses | $15,992 |
| Information technology | $13,885 |
| Royalties | $0 |
| Occupancy | $87,155 |
| Travel | $61,271 |
| 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 | $11,994 |
| Insurance | $4,470 |
| All other expenses | $36,102 |
| Total functional expenses | $1,731,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,937 |
| Savings and temporary cash investments | $717,199 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $558,794 |
| 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 | $27,506 |
| Net Land, buildings, and equipment | $20,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,836,751 |
| Accounts payable and accrued expenses | $2,436 |
| 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 | $2,436 |
| 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 | $1,834,315 |
| Total liabilities and net assets/fund balances | $1,836,751 |
Grants Awarded
Over the last fiscal year, Spokane Regional Sports Commission has awarded $49,406 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPOKANE BMX PURPOSE: TO BUILD NEW RAMP AND SUPPORT UPGRADES TO TRACK | $34,406 |
WASHINGTON STATE WRESTLING ASSOCIATION PURPOSE: NEW TRACKCAST KITS FOR THE GROUP | $15,000 |