Capitol Sports Association is located in Scottsdale, AZ. The organization was established in 1981. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Capitol Sports Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Sports Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Capitol Sports Association generated $100.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $118.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION HAS PROVIDED ATHLETIC AND RECREATIONAL OPPORTUNITIES TO THE PUBLIC IN THE FORM OF ORGANIZING SOFTBALL TOURNAMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angelo J Queirolo President | 20 | $17,900 | |
Judith S Queirolo Vice President | 16 | $12,250 | |
Wendi Daro Treasurer | 3 | $1,025 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $97,367 |
Membership dues | $0 |
Investment income | $3,112 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $100,479 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $34,777 |
Professional fees and other payments to independent contractors | $1,595 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $26 |
Other expenses | $81,972 |
Total expenses | $118,370 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $148,978 |
Other assets | $0 |
Total assets | $148,985 |
Total liabilities | $0 |
Net assets or fund balances | $148,985 |