Smart Bowling Scholarship Funding Corporation

Organization Overview

Smart Bowling Scholarship Funding Corporation is located in Arlington, TX. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. Smart Bowling Scholarship Funding Corporation 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 12/2020, Smart Bowling Scholarship Funding Corporation generated $16.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $6.6m during the year ending 12/2020. While expenses have increased by 2.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST YOUTH BOWLERS AND LIFE LONG LEARNERS TO ACHIEVE THEIR FULL POTENTIAL IN LIFE THROUGH THEIR ACCOMPLISHMENTS IN BOWLING AND EDUCATIONAL LEARNING. WE WILL DO THIS BY ENCOURAGING THE ORGANIZING OF BOWLING TOURNAMENTS, SPECIAL EVENTS AND DONATIONS TO CREATE SCHOLARSHIPS FOR YOUTH BOWLERS AND PROVIDING FOR THE EFFECTIVE AND CONVENIENT ACCESS, SAFE KEEPING AND PRUDENT MANAGEMENT OF SUCH SCHOLARSHIP FUNDS UNTIL THE TIME THEY ARE ABLE TO BE DISTRIBUTED IN COMPLIANCE WITH ALL NCAA REGULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN ORDER TO HELP YOUTH BOWLERS ACHIEVE THEIR EDUCATIONAL GOALS AND REACH THEIR FULL POTENTIAL, WE WILL PROVIDE EFFECTIVE AND CONVENIENT ACCESS, SAFEKEEPING AND PRUDENT MANAGEMENT OF ALL SCHOLARSHIP FUNDS UNTIL DISTRIBUTED TO YOUTH BOWLERS IN COMPLIANCE WITH ALL REQUIRED REGULATIONS.


IN ORDER TO HELP YOUTH BOWLERS ACHIEVE THEIR EDUCATIONAL GOALS AND REACH THEIR FULL POTENTIAL, WE WILL PROVIDE EFFECTIVE AND CONVENIENT ACCESS, SAFEKEEPING AND PRUDENT MANAGEMENT OF ALL SCHOLARSHIP FUNDS UNTIL DISTRIBUTED TO YOUTH BOWLERS IN COMPLIANCE WITH ALL REQUIRED REGULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Moehrle
President
$0
Chad Murphy
Executive Director
$0
John Walker
Director
$0
Tom Bluth
Director
$0
Darlene Baker
Director
$0
Andrew Cain
Director
$0

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$12,140,950
Investment income $1,453,364
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,975,874
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,570,188

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Smart Bowling Scholarship Funding Corporation has recieved totaling $5,760.

Awarding OrganizationAmount
Fargo-Moorhead Area Foundation Corporation

Fargo, ND

PURPOSE: GENERAL SUPPORT

$5,760
View Grant Recipient Profile

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