National Association Of Sporting Goods Wholesalers
- Assets
- $6.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 08/1963
- Data as of
- 12/2020
- EIN
- 36-6056575
Organization Overview
National Association Of Sporting Goods Wholesalers is located in Ankeny, IA. The organization was established in 1963. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is the central organization for a national or regional group of organizations. National Association Of Sporting Goods Wholesalers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, National Association Of Sporting Goods Wholesalers generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVICE OUR MEMBERSHIP THROUGH STRONG, TRUSTED RELATIONSHIPS BETWEEN SHOOTING SPORTS BUYERS AND SELLERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL EXPO AND MEETING - PRESENTING OF THE LATEST NEW PRODUCTS AND INNOVATIONS, MEETING WITH LEADING MANUFACTURERS OF PRODUCTS AND SERVICES IN THE SHOOTING SPORTS INDUSTRY, AND NETWORKING WITH TOP INDUSTRY LEADERS.
SCOPE - THE ASSOCIATION HAS A SUBSCRIPTION SERVICE CALLED SCOPE, WHICH WAS BUILT IN PARTNERSHIP WITH NASGW WHOLESALERS TO PROVIDE AN INTEGRATED SOURCE OF SALES AND INVENTORY DATA. THIS DATA IS ACCESSIBLE ONLY BY NASGW MEMBERS UTILIZING TWO-STEP DISTRIBUTION.
CONTRIBUTIONS TO THE CONGRESSIONAL SPORTSMEN'S FOUNDATION, NATIONAL RIFLE ASSOCIATION NRA-ILA, NATIONAL SHOOTING SPORTS FOUNDATION, INC AND THE AMERICAN SUPPRESSOR ASSOCIATION TO PARTNER UP WITH THEM IN PROMOTING THE SPORTING GOODS INDUSTRY.
THE EDUCATION AND RESEARCH PROGRAM PROVIDES EDUCATION, TECHNOLOGY, COMPLIANCE, POLICY, AND REFERENCE DATABASE SERVICES TO MEMBERS AND NONMEMBERS ALIKE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Aronson Chair | OfficerTrustee | 2 | $0 |
Gary Zurn Vice Chair | OfficerTrustee | 2 | $0 |
Malcolm Getz Treasurer | OfficerTrustee | 2 | $0 |
Kenyon Gleason President | Officer | 40 | $0 |
Larry Massimo Director | Trustee | 2 | $0 |
John Trull Left March 2020 Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Business Insights Inc Online Database | 12/30/20 | $185,392 |
Kerry Consulting Events Llc Meeting Mgmt | 12/30/20 | $141,250 |
Amplify Association Management Mgmt Services | 12/30/20 | $336,300 |
Ecomsystems Llc | 12/30/20 | $135,004 |
Connect Consulting Exec & Mgmt Ser | 12/30/20 | $277,500 |
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 | $3,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,925 |
| Total Program Service Revenue | $714,053 |
| Investment income | $149,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,815 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $257,505 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,154,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $613,800 |
| Fees for services: Legal | $10,738 |
| Fees for services: Accounting | $18,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,000 |
| Fees for services: Other | $332,445 |
| Advertising and promotion | $96,680 |
| Office expenses | $17,853 |
| Information technology | $22,652 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $212,781 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,378 |
| All other expenses | $2,167 |
| Total functional expenses | $1,419,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,134 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,600 |
| 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 | $125,541 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,929,235 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,000 |
| Other assets | $0 |
| Total assets | $6,375,510 |
| Accounts payable and accrued expenses | $7,702 |
| Grants payable | $0 |
| Deferred revenue | $862,885 |
| 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 | $870,587 |
| Net assets without donor restrictions | $5,504,923 |
| 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 | $6,375,510 |
Grants Awarded
Over the last fiscal year, National Association Of Sporting Goods Wholesalers has awarded $150,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Shelton, CT PURPOSE: ASSIST THE ORGANIZATION TO FULFILL EXEMPT PURPOSE THUS EXPANDING THE SPORTING GOODS INDUSTRY. | $50,000 |
Fairfax, VA PURPOSE: ASSIST THE ORGANIZATION TO FULFILL EXEMPT PURPOSE THUS EXPANDING THE SPORTING GOODS INDUSTRY. | $50,000 |
Washington, DC PURPOSE: PARTNER WITH THE THE FOUNDATION TO PROMOTE THE SPORTING GOODS INDUSTRY. | $25,000 |
Atlanta, GA PURPOSE: ASSIST THE ORGANIZATION TO FULFILL EXEMPT PURPOSE THUS EXPANDING THE SPORTING GOODS INDUSTRY. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Association Of Sporting Goods Wholesalers has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
National Shooting Sports Foundation Inc Shelton, CT PURPOSE: SHOOTING SPORTS DEVELOPMENT | $15,000 |
National Shooting Sports Foundation Inc Shelton, CT PURPOSE: SHOOTING SPORTS DEVELOPMENT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
National Roofing Contractors Association Rosemont, IL | $27,483,299 | $17,802,756 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
American Marketing Association Inc Chicago, IL | $9,741,723 | $15,191,106 |
Alliance For Audited Media Lisle, IL | $17,794,762 | $11,739,341 |
American Society Of Safety Professionals Park Ridge, IL | $23,941,077 | $16,437,200 |
Prestressed Concrete Institute Chicago, IL | $8,854,978 | $13,790,264 |