The National Fencing Foundation Of Washington Dc Inc

Organization Overview

The National Fencing Foundation Of Washington Dc Inc is located in Washington, DC. The organization was established in 2008. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. National Fencing Foundation Of Washington DC 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 06/2023, National Fencing Foundation Of Washington DC Inc generated $305.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $361.3k during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT AND PROMOTE YOUTH FENCING WITH OTHER NON-PROFIT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NATIONAL FENCING FOUNDATION'S CAPITOL CLASH IS THE LARGEST ANNUAL YOUTH FENCING TOURNAMENT IN THE U.S., COMPRISED OF EVENTS FOR ATHLETES AGES 8-16. COMPETITION IS DIVIDED BY AGE, CATEGORY, AND WEAPON, WITH ATHLETES TESTING THEIR SKILLS IN ALL THREE OLYMPIC WEAPONS: FOIL, EPEE, AND SABER. YOUTH COMPETE FOR MEDALS AND CHAMPIONSHIPS. THE EVENT IS PART OF THE SUPER YOURTH CIRCUIT (SYC) SERIES, SANCTIONED BY THE US FENCING ASSOCIATION (USFA)AKA USA FENCING UNDER THE AUTHORITY OF THE US OLYMPIC COMMITTEE (USOC). OVER 1800 YOUTH FENCERS, FROM ALL CORNERS OF THE UNITED STATES AND CANADA, COMPETE AT THE CAPITOL CLASH TOURNAMENT IN NATIONAL HARBOR, MARYLAND.


THE FOUNDATION ACCEPTS AND REVIEWS APPLICATIONS FOR INDIVIDUAL SCHOLARSHIOS FROM INDIVIDUAL YOUTH FENCERS FROM ALL OVER THE NATION,BASED UPON NEED, MERIT, OR A COMBINATION OF BOTH FACTORS, AND, AS A BOARD, REVIEWS THE RECOMMENDATIONS OF ITS OFFICERS FOR EACH INDIVIDUAL. AWARDS RANGE FROM $1,000 TO $8,000, AND ARE USED EXCLUSIVELY TO REIMBURSE TOURNAMENT EVENTS AND REGISTRATION FEES AND TRAVEL RELATED EXPENSES INCURRED FOR NATIONAL AND INTERNATIONAL COMPETITION. THE BOARD SECRETARY APPROVES REIMBURSEMENT ONLY AFTER RECEIVING ORIGINAL DOCUMENTATION OF EACH EXPENSE FOR WHICH REIMBURSEMENT IS REQUESTED.


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Board, Officers & Key Employees

Name (title)Compensation
Maura Molloy Grant
Director/secretary
$0
Philip L Sbarbaro
Director/president
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$286,351
Investment income $2,521
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,548
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $305,420

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