Anchorage Sports Association Inc is located in Anchorage, AK. The organization was established in 2013. 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 12/2023, Anchorage Sports Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Sports Association 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 12/2023, Anchorage Sports Association Inc generated $886.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $827.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF CERTAIN SPORTS PROGRAMS IN THE ANCHORAGE AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULATE LEAGUE PLAY, SUPERVISE OFFICIALS AND CONDUCT TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Bowe Board Member | Trustee | $0 | |
Chris Clark Secretary | OfficerTrustee | $0 | |
Colin Coker President | OfficerTrustee | $0 | |
Nicole Howell Board Member | Trustee | $0 | |
Paul Linnell Vice Preside | OfficerTrustee | $0 | |
Kevin Powell Board Member | Trustee | $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 | $11,530 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,530 |
Total Program Service Revenue | $868,475 |
Investment income | $380 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,592 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $59 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $886,036 |
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 | $219,261 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,768 |
Payroll taxes | $20,086 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,977 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $102,807 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,420 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $60,205 |
Insurance | $18,736 |
All other expenses | $174,671 |
Total functional expenses | $827,231 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,004 |
Savings and temporary cash investments | $405,282 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $22,600 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,300 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $232,389 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,347 |
Total assets | $675,922 |
Accounts payable and accrued expenses | $8,075 |
Grants payable | $0 |
Deferred revenue | $70,453 |
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 | $78,528 |
Net assets without donor restrictions | $597,394 |
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 | $675,922 |