Ross Initiative In Sports For Equality Inc
- Assets
- $12.0m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 47-4225769
Organization Overview
Ross Initiative In Sports For Equality Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (N05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ross Initiative In Sports For Equality Inc 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, Ross Initiative In Sports For Equality Inc generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE RACIAL EQUALITY PUBLIC AWARENESS CAMPAIGNS AND EDUCATIONAL PROGRAMMING WITH HIGH SCHOOLS, COLLEGIATE AND COMMUNITY ATHLETE EDUCATION AND LEADERSHIP PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diahann Billings-Burford CEO | 40 | $455,542 | |
Zoe Henriquez VP Strategic Develop | 40 | $183,855 | |
Lauren Givner Chief Of Staff | 40 | $179,962 | |
Andrew Mac Intosh Chief Program Office | 40 | $173,783 | |
David Schmid VP Partnerships | 40 | $162,225 | |
Kimberly Miller VP Programs | 40 | $109,181 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Obe Worldwide Llc | 12/30/21 | $325,213 |
Elite Optimization Services | 12/30/21 | $210,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,084,974 |
| Interest on Savings | $507 |
| 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 | $3,185 |
| Total Revenue | $12,088,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $485,783 |
| Other employee salaries and wages | $1,841,593 |
| Pension plans, employee benefits | $326,239 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $170,468 |
| Occupancy | $50,000 |
| Travel, conferences, and meetings | $209,353 |
| Printing and publications | $57,745 |
| Other expenses | $353,854 |
| Total operating and administrative expenses | $4,060,888 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $4,095,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,198,705 |
| Savings and temporary cash investments | $2,700,507 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $6,967,868 |
| Grants receivable | $530,000 |
| 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 | $45,813 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $596,642 |
| Other assets | $0 |
| Total assets | $12,039,535 |
| Accounts payable and accrued expenses | $93,844 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $113,844 |
Grants Awarded
Over the last fiscal year, Ross Initiative In Sports For Equality Inc has awarded $35,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Purcellville, VA PURPOSE: VINCENT COUNTRY SAVE ZONE ACTIVITY DAY | $20,000 |
New York, NY PURPOSE: ANNUAL SPONSORSHIP TO WOMEN IN SPORTS SPONSORSHIP | $10,000 |
New York, NY PURPOSE: INAUGURAL GOLF & TENNIS EVENT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ross Initiative In Sports For Equality Inc has recieved totaling $221,550.
| Awarding Organization | Amount |
|---|---|
National Football League Foundation New York, NY PURPOSE: SPECIAL CONSIDERATION AND OTHER | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,550 |
Buffalo Bills Foundation Inc Orchard Park, NY PURPOSE: RISE LEADERSHIP PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ross Initiative In Sports For Equality Inc New York, NY | $12,039,535 | $12,088,666 |
Hockey Equipment Certification Council Inc Cooperstown, NY | $413,517 | $0 |
George H Walker Milk Research Fund 5 2093 Andover, MA | $649,974 | $89,286 |
Momsteam Institute Inc Concord, MA | $67,439 | $0 |
Gvc Foundation Us Inc Florham Park, NJ | $0 | $0 |