Central Valley Community Sports Foundation
- Assets
- $2.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 124
- Location
- Fresno, CA
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-3325944
Organization Overview
Central Valley Community Sports Foundation is located in Fresno, CA. The organization was established in 2015. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Central Valley Community Sports Foundation employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Valley Community Sports 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, Central Valley Community Sports Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. 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
FORM 990 - ORGANIZATION'S MISSIONTHE PRIMARY PURPOSE OF THIS CORPORATION SHALL BE TO PROMOTE A HEALTHY, LIVABLE COMMUNITY WITH OPPORTUNITIES FOR PHYSICAL ACTVITY AS WELL AS PERSONAL AND CULTUREAL ENRICHMENT THROUGH THE ACQUISITION, EXPANSION AND OPERATION OF A COMMUNITY RECREATION CENTER THAT WILL PROVIDE A WIDE RANGE OF COMMUNITY PROGRAMS. THE ORGANIZATION WAS FORMED IN AN EFFORT TO HELP ALLEVIATE THE FOOD-HARSHIP AND OBESITY RATES IN CALIFORNIA'S CENTRAL VALLEY. IT OWNS AND OPERATES THE CENTRAL VALLEY COMMUNITY RECREATION CENTER AND PROVIDES A MUCH-NEEDED "CLEAN-AIR" RECREATIONAL OUTLET FOR RESIDNETS OF THE CENTRAL VALLEY. THE ORGANIZATION PROVIDES SPACE FOR LOCAL NONPROFITS THAT ARE ALREADY WELL-ESTABLISHED IN THE AREA BUT NEED ACCESS TO RECREATIONAL, OFFICE AND STORAGE SPACE AND A CENTER OUT OF WHICH TO PROVIDE THEIR SERVICES TO THE LOCAL COMMUNITY.FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990AN OFFICER OF THE ORGANIZATION WILL DISTRIBUTE DRAFT COPIES OF T
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANITE PARK IS A SPORTS COMPLEX IN EAST-CENTRAL FRESNO. GRANITE PARK PROVIDES A SAFE SPACE FOR CHILDREN AMD FAMILIES FROM DIVERSE BACKGROUNDS, CREATING COMMUNITY AND FOSTERING SUCCESS IN THE PROCESS. THE WORK IS ONGOING TO MAINTAIN THREE AMATEUR BASEBALL FIELDS AND RELATED IRRIGATION, FENCING, TURF AND LIGHTING. SOCCER FIELDS HAVE HAS ADDED AS WELL. GRANITE PARK IS CREATING A TRUE AND LASTING DIFFERENCE FOR THE COMMUNITY.
GATEWAY ICE CENTER IN FRESNO, CA PROVIDES A FACILITY THAT WILL ENCOURAGE A HEALTHY LIFESTYLE AND PROVIDE A SAFE AND CLEAN ENVIRONMENT FOR CHILDREN, NON-PROFITS, AND COMMUNITY ORGANIZATIONS TO USE. GATEWAY ICE CENTER PROVIDES A FACILITY FOR THE PUBLIC TO PARTICIPATE IN ICE SKATING, HOCKEY, AND OTHER RECREATIONAL AND COMPETITIVE SPORTS FOR ALL LEVELS OF EXPERIENCE.
PROVIDED SERVICES TO OTHER NONPROFIT PARTNERS BY PROVIDING FACILITIES AND CO-SPONSORING ACTIVITIES FOR THE CENTRAL CAL BASEBALL ACADEMY, CALIFORNIA ADAPTIVE SPORTS PROGRAM, BIG BROTHERS & BIG SISTERS OF CENTRAL CALIFORNIA, BOYS AND GIRLS CLUB OF FRESNO, THE CITY OF FRESNO, FRESNO ECONOMIC OPPORTUNITIES COMMISSION, CENTRAL CALIFORNIA REGIONAL OBESITY PREVENTION PROGRAM, FRESNO POLICE ATHLETIC LEAGUE, AND FRESNO MONSTERS JUNIOR HOCKEY CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terance Frazier President | OfficerTrustee | 40 | $120,016 |
Dalene Anderson Treasurer | OfficerTrustee | 40 | $62,900 |
Scott Fox Director | Trustee | 2 | $37,865 |
Aurelia Corona Director | Trustee | 30 | $29,929 |
Jp Gentry Director | Trustee | 25 | $24,050 |
Shanti Frazier Director | Trustee | 10 | $5,461 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,556 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,556 |
| Total Program Service Revenue | $2,339,610 |
| 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 | $2,571,166 |
| 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. | $250,719 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $835,214 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $72,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,759 |
| 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 | $47,333 |
| Office expenses | $40,054 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,000 |
| Travel | $94,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,250 |
| Interest | $175,133 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $497,375 |
| Insurance | $38,543 |
| All other expenses | $178,155 |
| Total functional expenses | $3,320,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,974 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $148,506 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,371 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,256,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $189,100 |
| Total assets | $2,715,509 |
| Accounts payable and accrued expenses | $776,705 |
| 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 | $18,475 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,524,684 |
| Total liabilities | $3,319,864 |
| Net assets without donor restrictions | -$604,355 |
| 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 | $2,715,509 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Central Valley Community Sports Foundation has recieved totaling $1,528,500.
| Awarding Organization | Amount |
|---|---|
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES GENERAL OPERATING SUPPORT FOR THE CENTRAL VALLEY COMMUNITY FOUNDATION (CVCF) TO DEEPEN THEIR CAPACITY AS A COMMUNITY LEADER SERVING LOW-INCOME RESIDENTS. | $579,000 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES GENERAL OPERATING SUPPORT FOR THE CENTRAL VALLEY COMMUNITY FOUNDATION (CVCF) TO DEEPEN THEIR CAPACITY AS A COMMUNITY LEADER SERVING LOW-INCOME RESIDENTS. | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $250,000 |
College Futures Foundation Oakland, CA PURPOSE: INFLUENCE PROGRAM GRANT | $125,000 |
The California Wellness Foundation Los Angeles, CA PURPOSE: FOR PROJECT SUPPORT TO PROVIDE FOOD DISTRIBUTION, EMERGENCY MEDICAL RESPONSE SERVICES AND COORDINATED COMMUNICATION TO THE CENTRAL VALLEY THROUGH REGRANTING FROM THE COVID-19 EMERGENCY RESPONSE FUND. | $50,000 |
The California Wellness Foundation Los Angeles, CA PURPOSE: FOR CORE OPERATING SUPPORT OF THE FRESNO DRIVE INITIATIVE WHICH SEEKS TO BUILD AN INCLUSIVE, VIBRANT AND SUSTAINABLE ECONOMY THROUGH NEIGHBORHOOD DEVELOPMENT, HUMAN CAPITAL AND ECONOMIC DEVELOPMENT SO THAT ALL RESIDENTS OF FRESNO CAN LIVE IN PROSPERITY. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Irvine Ice Foundation Corona Del Mar, CA | $121,930,053 | $33,455,655 |
Jamestown Community Center Inc San Francisco, CA | $3,335,173 | $6,691,620 |
Placer Valley Sports Complex Inc Roseville, CA | $1,814,661 | $4,781,580 |
Central Valley Community Sports Foundation Fresno, CA | $2,715,509 | $2,571,166 |
Vietnamese American Communitycenter Of The East Bay Oakland, CA | $1,906,603 | $3,743,594 |
East Lake Village Community Yorba Linda, CA | $4,404,441 | $2,570,489 |
Grants Pass Family Ymca Grants Pass, OR | $3,531,287 | $2,517,620 |
Destiny Arts Center Oakland, CA | $3,989,445 | $2,432,032 |
Stone Soup Fresno Fresno, CA | $1,788,003 | $1,468,028 |
Living Peace Foundation Santa Barbara, CA | $7,259,063 | $5,000,012 |
Westside Community Improvement Association Eureka, CA | $3,460,883 | $928,189 |
Friends Of Expo Center Calabasas, CA | $0 | $0 |