Easton Sports Developmentfoundation Ii
- Assets
- $35.3m
- Revenue
- $833.5k
- Investments
- $34.9m
- Employees
- 0
- Location
- Van Nuys, CA
- Founding
- 01/2007
- Data as of
- 06/2022
- EIN
- 20-5855118
Organization Overview
Easton Sports Developmentfoundation Ii is located in Van Nuys, CA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Easton Sports Developmentfoundation Ii 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 06/2022, Easton Sports Developmentfoundation Ii generated $833.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $3.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Easton Sports Developmentfoundation Ii has awarded 512 individual grants totaling $41,795,284. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caren Sawyer VP & Assistant Secretary | 10 | $0 | |
Daren Cottle Treasurer & Director | 1 | $0 | |
Gregory J Easton President & Director | 1 | $0 | |
Karen Griffin Secretary & Director | 5 | $0 | |
Lynn Easton Director | 0.5 | $0 | |
Randy Walk Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $418,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $366,534 |
| Capital Gain Net Income | $463,825 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $48,170 |
| Total Revenue | $833,505 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $402 |
| Depreciation | $0 |
| Occupancy | $14,597 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,224 |
| Total operating and administrative expenses | $114,101 |
| Contributions, gifts, grants paid | $3,666,130 |
| Total expenses and disbursements | $3,780,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,893 |
| Savings and temporary cash investments | $219,595 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,780 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,864,575 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,281,475 |
| Accounts payable and accrued expenses | $58,272 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $62,000 |
| Total liabilities | $120,272 |
Grants Awarded
Over the last fiscal year, Easton Sports Developmentfoundation Ii has awarded $1,881,744 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMANCE COUNTY RECREATION PURPOSE: YOUTH SPORTS | $10,000 |
ARCHERS USA FOUNDATION PURPOSE: YOUTH SPORTS | $40,000 |
BOY SCOUTS OF AMERICA - SOUTH TEXAS COUNCIL PURPOSE: YOUTH SPORTS | $500 |
BOYS & GIRLS CLUB OF STONEHAM PURPOSE: YOUTH SPORTS | $5,000 |
EASTON SPORTS DEVELOPMENT FOUNDATION PURPOSE: YOUTH SPORTS | $2,300,000 |
GEORGETOWN COLLEGE ARCHERY PURPOSE: YOUTH SPORTS | $798 |