Fairsport Inc
- Assets
- $308.0
- Revenue
- $389.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Forked River, NJ
- Founding
- 04/2018
- Data as of
- 03/2022
- EIN
- 30-0952747
Organization Overview
Fairsport Inc is located in Forked River, NJ. The organization was established in 2018. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairsport 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 03/2022, Fairsport Inc generated $389.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $388.8k during the year ending 03/2022. While expenses have increased by 0.6% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAIRSPORT IS AN INDEPENDENT, INTERNATIONAL, NON-PROFIT FOUNDATION THAT PROVIDES ACCESS TO FREE LEGAL COUNSEL AND OTHER SUPPORT TO CONFIDENTIAL SOURCES. THE CORNERSTONE OF OUR ORGANIZATION IS INDEPENDENT LEGAL ASSISTANCE MADE AVAILABLE THROUGH CHARITABLE FUNDING. THE FOUNDATION IS A SAFETY NET AND SAFE HAVEN FOR THOSE WITH CONSEQUENTIAL STORIES TO SHARE. IT PROVIDES CONFIDENTIAL SOURCES WITH A RANGE OF SERVICES FREE OF CHARGE, DEPENDING ON INDIVIDUAL CIRCUMSTANCES AND NEED. THESE SUPPORT SERVICES MAY INCLUDE: LEGAL ASSISTANCE MEDIA GUIDANCE FINANCIAL ASSISTANCE FOR LIVING EXPENSES COACHING (EVERYTHING FROM PSYCHOLOGICAL SUPPORT TO WORK PLACEMENT)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE MISSION STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johann Koss Director / O | OfficerTrustee | 1 | $0 |
David Fialkow Director | Trustee | $0 | |
Joseph DE Pencier Director | Trustee | $0 | |
Jim Swartz Director | Trustee | 2 | $0 |
Ed Stier Director | Trustee | 1 | $0 |
Louisa Watt Director | Trustee | $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 | $389,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,483 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,483 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $379,261 |
| Advertising and promotion | $0 |
| Office expenses | $5,909 |
| Information technology | $1,923 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $388,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308 |
| Accounts payable and accrued expenses | $4,701 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,701 |
| Net assets without donor restrictions | -$4,393 |
| 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 | $308 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Fairsport Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern National Fort Washington, PA | $29,393,695 | $21,727,847 |
Chestnut Ridge Conservancy Orchard Park, NY | $74,376 | $366,938 |
Fairsport Inc Forked River, NJ | $308 | $389,483 |
Sports Association Of Webster Inc Webster, NY | $1,612,736 | $382,020 |
Friends Of Letchworth State Park Castile, NY | $58,089 | $0 |
Buffalo Hurricanes Field Hockey Club East Aurora, NY | $7,901 | $85,291 |
Friends Of Barnegat Lighthousestate Park A Nj Nonprofit Corporati Barnegat Lgt, NJ | $64,314 | $0 |
International Society Of Olympic Historians New York City, NY | $89,265 | $0 |
Hope In Her Eyes A Nj Nonprofit Corporation Allentown, NJ | $0 | $0 |
Donegal Athletic Club Mount Joy, PA | $57,487 | $0 |
Golf Association Of Philadelphia Foundation Broomall, PA | $2,059,679 | $276,021 |
Chautauqua Sports Hall Of Fame Inc Jamestown, NY | $231,785 | $0 |