Athletes Of Promise Foundation
- Assets
- $47.8k
- Revenue
- $228.7k
- Investments
- $0.0
- Employees
- 0
- Location
- North Little Rock, AR
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 36-4734438
Organization Overview
Athletes Of Promise Foundation is located in North Little Rock, AR. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athletes Of Promise 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 12/2021, Athletes Of Promise Foundation generated $228.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $193.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Amberg President | 0 | $0 | |
Brandy Amberg Treasurer | 0 | $0 | |
John Kelly Vice-Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $224,155 |
| Interest on Savings | $19 |
| 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 | $4,561 |
| Total Revenue | $228,735 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $888 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $888 |
| Contributions, gifts, grants paid | $192,070 |
| Total expenses and disbursements | $192,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,133 |
| Savings and temporary cash investments | $36,695 |
| 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 | $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 | $47,828 |
| 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, Athletes Of Promise Foundation has awarded $192,070 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PARKVIEW HIGH SCHOOL PURPOSE: PROVIDE SPORTS EQUIPMENT | $180,290 |
NORTH LITTLE ROCK HIGH SCHOOL PURPOSE: PROVIDE SPORTS EQUIPMENT | $6,265 |
PROSPECT BASEBALL PURPOSE: PROVIDE SPORTS EQUIPMENT | $5,515 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Athletes Of Promise Foundation has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Verizon Foundation Basking Ridge, NJ PURPOSE: VIP PAYOUT FOR 01/14/21 | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Be A Champion Inc Houston, TX | $5,613,914 | $22,726,007 |
Tejano Center For Community Concerns Inc Houston, TX | $42,145,856 | $27,013,865 |
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |