Ross Initiative In Sports For Equality Inc
- Assets
- $4.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2016
- Data as of
- 12/2023
- 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 12/2023, Ross Initiative In Sports For Equality Inc generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ross Initiative In Sports For Equality Inc has awarded 39 individual grants totaling $452,638. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Name Not Listed Chairman | 0.2 | $0 | |
Name Not Listed Co-Chairman | 0.2 | $0 | |
Name Not Listed Director | 0.2 | $0 | |
Name Not Listed Director | 0.2 | $0 | |
Name Not Listed Director | 0.2 | $0 | |
Name Not Listed Director | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Think True Llc | 12/30/23 | $1,381,115 |
Unrivaled Group | 12/30/23 | $243,700 |
Collin D Williams | 12/30/23 | $134,980 |
Csbmforesight | 12/30/23 | $81,441 |
Adept Flow | 12/30/23 | $58,638 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,671,452 |
| Interest on Savings | $735 |
| 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 | $2,717 |
| Total Revenue | $2,674,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $488,213 |
| Other employee salaries and wages | $1,864,547 |
| Pension plans, employee benefits | $273,128 |
| Interest | $2,549 |
| Taxes | $146,836 |
| Depreciation | $174,882 |
| Occupancy | $78,465 |
| Travel, conferences, and meetings | $536,436 |
| Printing and publications | $108,342 |
| Other expenses | $1,967,101 |
| Total operating and administrative expenses | $6,334,273 |
| Contributions, gifts, grants paid | $188,000 |
| Total expenses and disbursements | $6,522,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $527,631 |
| Savings and temporary cash investments | $3,262,566 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $637,506 |
| 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 | $38,066 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $255,862 |
| Other assets | $0 |
| Total assets | $4,721,631 |
| Accounts payable and accrued expenses | $150,152 |
| 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 | $150,152 |
Grants Awarded
Over the last fiscal year, Ross Initiative In Sports For Equality Inc has awarded $188,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA POLICE ATHLETIC LEAGUE INC PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $22,500 |
PROJECT BLUE PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $15,000 |
UNITED AFRICAN BASKETBALL LEAGUE PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $15,000 |
BOYS AND GIRLS CLUB PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $15,000 |
INDY PAL PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $15,000 |
YMCA OF GREATER CLEVELAND PURPOSE: SUPPORT BUILDING BRIDGES THROUGH BASKETBALL YOUTH MULTI-WEEK PROGRAM | $15,000 |