Global Sports Partners Inc
- Assets
- $212.9k
- Revenue
- $142.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Norman, OK
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 73-1580385
Organization Overview
Global Sports Partners Inc is located in Norman, OK. The organization was established in 2000. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Global Sports Partners Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Sports Partners 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, Global Sports Partners Inc generated $142.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $121.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 7 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
TO PROVIDE AMATEUR SPORTS DEVELOPEMENT IN UNDERDEVELOPED COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AMATEUR SPORTS DEVELOPMENT, SPORTS EXCHANGE, AND INTERNATIONAL SPORTS COMPETITION AMOUNG VARIOUS COUNTRIES. TO PROVIDE AN OPPORTUNITY FOR CULTURAL EXCHANGE, TO DEVELOPE GOODWILL BETWEEN COUNTRIES, AND TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR SPORTS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Schaulin Chairman | OfficerTrustee | 5 | $0 |
Ron Spencer Vice President | OfficerTrustee | 5 | $0 |
Scott Elliott Secretary | OfficerTrustee | 5 | $0 |
Pam Devoss Director | Trustee | 0 | $0 |
James Harp Director | Trustee | 5 | $0 |
David Ferris Director | Trustee | 5 | $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 | $139,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,077 |
| Total Program Service Revenue | $3,116 |
| Investment income | $36 |
| 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 | $142,229 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,930 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,500 |
| Advertising and promotion | $0 |
| Office expenses | $1,227 |
| Information technology | $1,186 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87 |
| Insurance | $0 |
| All other expenses | $1,889 |
| Total functional expenses | $121,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,732 |
| Savings and temporary cash investments | $124,024 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,650 |
| Other assets | $21,452 |
| Total assets | $212,858 |
| Accounts payable and accrued expenses | $698 |
| 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 | $41,632 |
| Total liabilities | $42,330 |
| Net assets without donor restrictions | $136,067 |
| Net assets with donor restrictions | $34,461 |
| 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 | $212,858 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Sports Partners Inc has recieved totaling $65.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Olympic And Paralympic Foundation Colorado Springs, CO | $53,358,562 | $49,946,245 |
United States Anti-Doping Agency Colorado Springs, CO | $14,726,457 | $27,194,020 |
United States Fencing Association Colorado Springs, CO | $3,808,524 | $11,566,627 |
Telluride Foundation Telluride, CO | $17,715,032 | $5,834,891 |
Usa Boxing Inc Colorado Springs, CO | $3,373,235 | $6,094,958 |
Usa Cycling Development Foundation Colorado Springs, CO | $3,439,986 | $1,767,971 |
North Texas Region-Usa Volleyball Allen, TX | $1,583,222 | $956,307 |
Hill Country Shooting Sports Center Inc Kerrville, TX | $1,178,583 | $245,173 |
Usa Hockey Inc Frisco, TX | $550,159 | $325,396 |
Team Green Running Inc Conroe, TX | $20,576 | $129,337 |
American Servicemembers Amateur Sports Inc Boulder, CO | $8,567 | $247,287 |
Global Sports Partners Inc Norman, OK | $212,858 | $142,229 |