Sportys Foundation
- Assets
- $209.3k
- Revenue
- $13.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Batavia, OH
- Founding
- 03/2007
- Data as of
- 12/2023
- EIN
- 20-8417126
Organization Overview
Sportys Foundation is located in Batavia, OH. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sportys Foundation 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, Sportys Foundation generated $13.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $94.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sportys Foundation has awarded 117 individual grants totaling $1,394,506. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL ASSISTANCE TO CHARITABLE ORGANIZATIONS THROUGH DIRECT CONTRIBUTIONS TO HELP PROMOTE AVIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wolf President | 0 | $0 | |
Mark Wiesenhahn Vice President | 0 | $0 | |
John T Zimmerman Vice President | 0 | $0 | |
Daniel M Robinson Vp, Secretary & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,634 |
| Interest on Savings | $3,790 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,424 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19 |
| Contributions, gifts, grants paid | $94,000 |
| Total expenses and disbursements | $94,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,823 |
| 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 | $8,480 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $209,303 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sportys Foundation has awarded $94,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AIRCRAFT ELECTRONICS ASSOCIATION PURPOSE: SCHOLARSHIPS | $6,000 |
BODE AVIATION PURPOSE: SCHOLARSHIP | $5,000 |
BOY SCOUTS OF AMERICA PURPOSE: EXPLORING AVIATION SCHOLARSHIP, HURRICANE HARVEY RELIEF | $30,000 |
DAN BEARD COUNCIL PURPOSE: SCHOLARSHIP | $11,500 |
EAA FOUNDATION PURPOSE: AVIATION EDUCATION | $5,000 |
EASTERN CINCINNATI AVIATION INC PURPOSE: SCHOLARSHIPS | $14,000 |