Foundation For Interscholastic Youth Athletics
- Assets
- $557.1k
- Revenue
- $89.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Los Angeles, CA
- Founding
- 02/2012
- Data as of
- 07/2021
- EIN
- 45-3514221
Organization Overview
Foundation For Interscholastic Youth Athletics is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 07/2021, Foundation For Interscholastic Youth Athletics employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Interscholastic Youth Athletics 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 07/2021, Foundation For Interscholastic Youth Athletics generated $89.8k 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 (11.6%) each year. All expenses for the organization totaled $131.8k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING SCHOOLS THROUGH SPORTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN SPITE OF THE PANDEMIC AND RELATED LOCKDOWNS THE ORGANIZATION OFFERED VIRTUAL CROSS COUNTRY AND ELECTRONIC GAMING OR ESPORTS DURING THIS PANDEMIC PERIOD WITH 30 YOUTH PARTICIPATING IN VIRTUAL CROSS COUNTRY AND WITH 100 YOUTH PARTICIPATING IN ESPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mueller CEO | OfficerTrustee | 40 | $60,000 |
John Farren Secretary | Officer | 10 | $14,766 |
Nick Galvan CFO & Chairman | OfficerTrustee | 0.5 | $0 |
Kevin Miller Director | Officer | 0.5 | $0 |
Nina Mueller Director | Officer | 0.5 | $0 |
Judith Holland Director | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,875 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,386 |
| Total Program Service Revenue | $16,398 |
| 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 | $89,784 |
| 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. | $74,766 |
| Compensation of current officers, directors, key employees. | $11,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,812 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,592 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $4,567 |
| All other expenses | $3,359 |
| Total functional expenses | $131,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $557,067 |
| 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 | $557,067 |
| Accounts payable and accrued expenses | $0 |
| 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 | $498,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,256 |
| Total liabilities | $520,156 |
| Net assets without donor restrictions | $0 |
| 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 | $36,911 |
| Total liabilities and net assets/fund balances | $557,067 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Interscholastic Youth Athletics has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Porteous Family Foundation Culver City, CA PURPOSE: CHARITABLE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |