Sports Catalyst Inc
- Assets
- $3.4m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Spring, TX
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 35-2643819
Organization Overview
Sports Catalyst Inc is located in Spring, TX. The organization was established in 2019. 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 12/2021, Sports Catalyst Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Catalyst 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 12/2021, Sports Catalyst Inc generated $3.4m in total revenue. All expenses for the organization totaled $1.4m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZING AND MAINTAINING SPORTS MOVEMENTS IN CITIES AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS LEADERSHIP TRAINING AND PARTNERSHIP DEVELOPMENT - OUR PURPOSE IS TO CATALYZE AND MAINTAIN SPORT MOVEMENTS IN CITIES AROUND THE WORLD. WE DO THIS BY TRAINING COACHES AND BUILDING LEADERSHIP CAPACITY THAT WILL IMPACT THE COMMUNITY AROUND THEM THROUGH TEAM SPORTS. WE ALSO HELP LOCAL COACHES, CLUB OWNERS, OR PRESIDENTS OF FEDERATIONS TO BRING NEW SPORTS INTO THEIR COUNTRIES. IN 2021, AROUND 7,380 PEOPLE WERE TRAINED ON HOW TO POSITIVELY IMPACT THEIR COMMUNITY USING SPORTS AND WHOLE LIFE COACHING METHODS. THE TRAININGS WERE HELD IN PERSON AND/OR USING A HYBRID FORMAT. IN 41 COUNTRIES, A MONTH LONG SPORT LEADERSHIP SCHOOL WAS HELD WHICH INCLUDES INTENSE TRAINING AND PRACTICUM. THERE ARE 54 MULTIPLY SPORTS LEADERSHIP SCHOOLS AROUND THE WORLD WITH INTENSE TRAINING FOR HIGHLY COMMITTED LEADERS. THIS NUMBER IS GROWING ANNUALLY.
YOUTH, CHILDREN, AND COMMUNITY INITIATIVES - WE CREATE, SUPPORT AND HOLD SPORT FESTIVALS, CAMPS, AND OTHER YOUTH INITIATIVES THAT CONNECT THE COMMUNITY TOGETHER IN A POSITIVE WAY. IN 2021, 31 OF THE 32 CARIBBEAN ISLANDS HAD A SPORT LEADERSHIP TEAM WHICH HELD YOUTH INITIATIVES FOR THEIR LOCAL ISLAND COMMUNITY. DOZENS OF CAMPS WERE HELD FOR CHILDREN INCLUDING A CAMP IN A WAR TORN REGION. 31 LEADERS HELD 2 CAMPS FOR 190 PHYSICALLY AND MENTALLY INJURED SOLDIERS. SPORT WAS USED TO HELP THEM BEGIN TO HEAL FROM THE TRAUMA OF WAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sergey Khripunov Executive Director | OfficerTrustee | 40 | $123,000 |
Ivan Bychkov President | OfficerTrustee | 40 | $120,000 |
Paul Thomas Chairman | OfficerTrustee | 1 | $0 |
Lee Turner Secretary | OfficerTrustee | 1 | $0 |
Rusty Jordan Treasurer | OfficerTrustee | 0.5 | $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 | $3,406,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,406,480 |
| Total Program Service Revenue | $0 |
| Investment income | $1,670 |
| 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 | $3,408,167 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $118,625 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $887,768 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $243,000 |
| Compensation of current officers, directors, key employees. | $24,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,934 |
| Office expenses | $38,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $85,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,417 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,582 |
| Total functional expenses | $1,449,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,959,362 |
| 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 | $20,355 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,392,500 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,372,217 |
| Accounts payable and accrued expenses | $7,413 |
| 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 | $7,413 |
| Net assets without donor restrictions | $1,696,290 |
| Net assets with donor restrictions | $1,668,514 |
| 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 | $3,372,217 |
Grants Awarded
Over the last fiscal year, Sports Catalyst Inc has awarded $115,025 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Jenkintown, PA PURPOSE: Donor Advised Fund Contribution/Sport Leadership Training & Partnership Development | $105,025 |
Lakeland, FL PURPOSE: Youth, Children, & Community Outreach | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sports Catalyst Inc has recieved totaling $711,922.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $510,599 |
Maclellan Foundation Inc Chattanooga, TN PURPOSE: FOR LEADERSHIP DEVELOPMENT OR TRAINING. | $150,000 |
Cross Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $23,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,400 |
Lead To Serve Inc Carlsbad, CA PURPOSE: Leadership / sports training | $7,923 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Club Soccer Inc Plano, TX | $324,020 | $3,947,134 |
New Mexico Activities Association Albuquerque, NM | $3,946,140 | $4,114,248 |
Sports Catalyst Inc Spring, TX | $3,372,217 | $3,408,167 |
Dallas Cup Inc Dallas, TX | $350,688 | $1,227,003 |
Southwest Youth Soccer Corporation Albuquerque, NM | $117,159 | $481,358 |
Louisiana High School Championship Rodeo Association Inc Cameron, LA | $20,460 | $420,829 |
Taos Sports Associates Incorporated Taos, NM | $430,750 | $470,030 |
Zina Garrison All Court Tennis Academy Houston, TX | $28,854 | $345,571 |
Amarillo Hockey Association Inc Amarillo, TX | $191,041 | $337,113 |
American Southwest Conference Richardson, TX | $213,159 | $308,408 |
Challenge Elite Inc Friendswood, TX | $153,208 | $228,502 |
Wichita County Mounted Patrol Inc Wichita Falls, TX | $156,647 | $203,424 |