Sports Reach Inc
- Assets
- $248.9k
- Revenue
- $201.4k
- Investments
- $80.0k
- Employees
- 0
- Location
- Campbellsville, KY
- Founding
- 11/1989
- Data as of
- 12/2021
- EIN
- 61-1154595
Organization Overview
Sports Reach Inc is located in Campbellsville, KY. The organization was established in 1989. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Reach 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, Sports Reach Inc generated $201.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $279.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. 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
MISSIONARY/MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPORTS REACH MINISTRY LEADS BASKETBALL & SOFTBALL CLINICS & CAMPS IN THE SO. EASTERN U.S. TO TEACH SKILLS & TO SHARE WHAT JESUS MEANS. THEY ALSO TRAVEL TO FOREIGN COUNTRIES AS MISSIONARIES.
PROVIDE FUNDING TO ORGANIZATIONS WITH SIMILAR MISSIONARY PURPOSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D Speer Jr Executive Director | Officer | 50 | $0 |
Larry Purciful Director | Trustee | 0 | $0 |
Terry Cole Director | Trustee | 0 | $0 |
Terry Patterson Director | Trustee | 0 | $0 |
Stan Curry Director | Trustee | 0 | $0 |
Mike Pollock Director | Trustee | 0 | $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 | $180,940 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,940 |
| Total Program Service Revenue | $0 |
| Investment income | $1,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,734 |
| Net Income from Fundraising Events | $10,146 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,550 |
| 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. | $108,937 |
| Compensation of current officers, directors, key employees. | $36,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,700 |
| Advertising and promotion | $18,652 |
| 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 | $152 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,154 |
| Insurance | $0 |
| All other expenses | $5,519 |
| Total functional expenses | $279,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,333 |
| Savings and temporary cash investments | $204 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $120,572 |
| 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 | $4,730 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $80,031 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $248,870 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,061 |
| Total liabilities | $4,061 |
| 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 | $244,809 |
| Total liabilities and net assets/fund balances | $248,870 |
Grants Awarded
Over the last fiscal year, Sports Reach Inc has awarded $54,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Carolina, PR PURPOSE: TO FEED HOMELESS | $39,000 |
Bowling Green, KY PURPOSE: TO PROVIDE TRANSPORTATION FOR MISSION WORK | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sports Reach Inc has recieved totaling $30,013.
| Awarding Organization | Amount |
|---|---|
E Thomas Arington Family Foundation Mason, OH PURPOSE: GENERAL PURPOSES | $20,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Healthcare Physicians Inc Martinsburg, WV | $27,421,318 | $84,817,307 |
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |