Foundation For Interscholastic Youth Athletics
- Assets
- $552.2k
- Revenue
- $414.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 02/2012
- Data as of
- 07/2023
- 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 07/2023, Foundation For Interscholastic Youth Athletics employed 4 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 07/2023, Foundation For Interscholastic Youth Athletics generated $414.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $393.1k during the year ending 07/2023. While expenses have increased by 7.6% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A GOVERNING BODY TO PROVIDE INTERSCHOLASTIC SPORTS COMPETITIONS AMONGST ELEMENTARY SCHOOLS WITH A SPECIAL FOCUS ON MIDDLE SCHOOLS IN THE LOS ANGELES AREA. THE FOUNDERS BELIEVE THAT OFFERING SPORTS IN AN INTERSCHOLASTIC SETTING PROVIDES CHILDREN AT THE CRITICAL AGES OF 10 TO 14 AN OPTIMAL COMBINATION OF LEARNING CORE VALUES, STAYING PHYSICALLY ACTIVE, AND MAKING THE EDUCATIONAL EXPERIENCE FUN AND REWARDING. CONSEQUENTLY, FIYAS MISSION IS: "STRENGTHENING SCHOOLS THROUGH SPORTS."WHILE PARTICIPATION IS OPEN TO ANY ELEMENTARY OR MIDDLE SCHOOL, FIYA FOCUSES ON WORKING WITH SCHOOLS IN ECONOMICALLY DISADVANTAGED AREAS. FIYA HAS SERVED OVER 20,000 STUDENT ATHLETES AND 400 SCHOOL TEAMS IN ITS FIRST TWELVE YEARS. FIYAS GOAL IS TO CONTINUE EXPANDING ITS REGIONAL LEAGUES THROUGHOUT LOS ANGELES COUNTY WITH NEW SCHOOLS PARTICIPATING EVERY YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLAG FOOTBALL FOR BOYS, VOLLEYBALL FOR GIRLS IN FALL 2022 - SERVING OVER 1750 YOUTH (MALES AND FEMALES) ON 55 ELEMENTARY/MIDDLE SCHOOL TEAMS;OBTAINED GYM FACILITIES, GAME OFFICIALS AND GAME OPERATORS AND CREATED A SEVEN WEEK REGULAR SEASON SCHEDULE FOR SCHOOL TEAMS BASED ON GEOGRAPHIC LOCATION WITH SIMILAR AGE GROUPS AND SKILL LEVELS COMPETING AGAINST EACH OTHER. HELD A CITY-WIDE PLAYOFF PERIOD OF TWO WEEKS FOLLOWING THE REGULAR SEASON WHICH BROUGHT TEAMS FROM VARIOUS GEOGRAPHIC LOCATIONS AND SOCIO-ECONOMIC BACKGROUNDS TOGETHER.
BASKETBALL IN WINTER 2022 - SERVING OVER 2500 YOUTH (MALES AND FEMALES) ON 190 ELEMENTARY/MIDDLE SCHOOL TEAMS; OBTAINED GYM FACILITIES, GAME OFFICIALS AND GAME OPERATORS AND CREATED A SEVEN WEEK REGULAR SEASON SCHEDULE FOR SCHOOL TEAMS BASED ON GEOGRAPHIC LOCATION WITH SIMILAR AGE GROUPS AND SKILL LEVELS COMPETING AGAINST EACH OTHER. HELD A CITY-WIDE PLAYOFF PERIOD OF TWO WEEKS FOLLOWING THE REGULAR SEASON WHICH BROUGHT TEAMS FROM VARIOUS GEOGRAPHIC LOCATIONS AND SOCIO-ECONOMIC BACKGROUNDS TOGETHER.
SOCCER IN SPRING 2023 - SERVING OVER 2000 YOUTH (MALES AND FEMALES) ON 116 ELEMENTARY/MIDDLE SCHOOL TEAMS; OBTAINED GYM FACILITIES, GAME OFFICIALS AND GAME OPERATORS AND CREATED A SEVEN WEEK REGULAR SEASON SCHEDULE FOR SCHOOL TEAMS BASED ON GEOGRAPHIC LOCATION WITH SIMILAR AGE GROUPS AND SKILL LEVELS COMPETING AGAINST EACH OTHER. HELD A CITY-WIDE PLAYOFF PERIOD OF TWO WEEKS FOLLOWING THE REGULAR SEASON WHICH BROUGHT TEAMS FROM VARIOUS GEOGRAPHIC LOCATIONS AND SOCIO-ECONOMIC BACKGROUNDS TOGETHER.
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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 | $32,000 |
Nick Galvan CFO & Chairman | OfficerTrustee | 0.5 | $0 |
Judith Holland Director | Officer | 0.5 | $0 |
Kevin Miller Director | Officer | 0.5 | $0 |
Nina Mueller Director | Officer | 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 | $83,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,442 |
| Total Program Service Revenue | $330,988 |
| 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 | $414,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $92,000 |
| Compensation of current officers, directors, key employees. | $13,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,150 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,635 |
| 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 | $11,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,906 |
| All other expenses | $34,408 |
| Total functional expenses | $393,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,156 |
| 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 | $552,156 |
| 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 | $488,229 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,399 |
| Total liabilities | $490,628 |
| 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 | $61,528 |
| Total liabilities and net assets/fund balances | $552,156 |