Cardinal Athletic Boosters is located in Sheffield Village, OH. The organization was established in 2015. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardinal Athletic Boosters 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 12/2022, Cardinal Athletic Boosters generated $69.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $35.0k during the year ending 12/2022. While expenses have increased by 23.6% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELP PROVIDE SCHOOL SPORTS TEAMS WITH UNIFORMS AND EQUIPMENT THAT THEY CAN NOT OTHERWISE AFFORD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herb Gillespie Vice President | 0 | $0 | |
Tracey Arendt President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $69,243 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $69,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,351 |
| Total operating and administrative expenses | $20,501 |
| Contributions, gifts, grants paid | $14,500 |
| Total expenses and disbursements | $35,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,629 |
| Savings and temporary cash investments | $0 |
| 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 | $54,629 |
| 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 |
Over the last fiscal year, Cardinal Athletic Boosters has awarded $3,562 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKSIDE ATHLETIC DEPARTMENT PURPOSE: REGISTRATIONS, EQUIPMENT, JERSEYS, ETC | $1,562 |
ROSSO SCHOLORSHIP PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
LETTERLE SCHOLARSHIP PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |