Derosier Foundation
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Queen Creek, AZ
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4796188
Organization Overview
Derosier Foundation is located in Queen Creek, AZ. The organization was established in 2017. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. Derosier Foundation 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 12/2022, Derosier Foundation generated $75.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $70.5k during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR ACCOMPLISHMENTS FOR 2022 INCLUDE: - THE FOUNDATION, VIA THE BASKETBALL ACADEMY, WAS ABLE TO DELIVER OVER 100 HOURS OF FREE BASKETBALL TRAINING TO VARIOUS INDIVIDUALS AND ORGANIZATIONS. AS WELL AS IT GAVE OVER $12,000.00 WORTH OF DISCOUNTS, SO THAT STUDENTS COULD BETTER ATTEND THE REGULAR TRAINING, CAMPS & CLINICS!WE WERE ALSO ABLE TO MAINTAIN KEY SPONSORS MOVING FORWARD:- BODYARMOR CONTINUES TO SUPPLY DRINKS FOR PLAYERS AT VARIOUS EVENTS- STERLING ATHLETICS CONTINUES TO SUPPLY EQUIPMENT AT VARIOUS EVENTS- DOXON AUTOMOTIVE BROUGHT ON AS MAJOR SPONSOR FOR OUR CAMPS- COMPASSION CHURCH BROUGHT ON AS OUR MAJOR GYM PARTNER- JR. NBA PROVIDING ADDITIONAL YOUTH TRAINING FOR OUR COACHES/TRAINERS- FACEBOOK FUNDRAISING WAS ABLE TO HOST ANOTHER FUNDRAISER- WAS ABLE TO BEGIN WORKING ON GETTING OUR GILBERT CHRISTIAN SCHOOLS PARTNERSHIP BACK UP AND RUNNING!- WAS ABLE TO MEET OUR PROGRAM GOAL OF BEING DEBT FREE BY THE END OF THE YEAR!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Derosier President, Dir. | 40 | $0 | |
Rod Kehmeier Treasurer, Dir. | 3 | $0 | |
Bruce Brown Secretary, Dir. | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $339 |
| Total Program Service Revenue | $74,621 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,960 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $54,090 |
| Occupancy, rent, utilities, and maintenance | $11,910 |
| Printing, publications, postage, and shipping | $16 |
| Other expenses | $4,489 |
| Total expenses | $70,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,925 |
| Other assets | $0 |
| Total assets | $24,146 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,146 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Derosier Foundation has recieved totaling $161.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $161 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ultimate Sports Association Walnut Creek, CA | $1,241,895 | $1,889,365 |
West Coast Elite El Segundo, CA | $47,085 | $1,056,757 |
National Wheelchair Basketball Association Colorado Springs, CO | $460,123 | $1,032,822 |
Colorado Titans Basketball Club Erie, CO | $120,554 | $938,742 |
Socal-Elite Sports Inc Irvine, CA | $856,246 | $1,237,491 |
National Junior Basketball Tustin, CA | $68,241 | $690,890 |
Tarkanian Basketball Academy Inc Las Vegas, NV | $1,084,791 | $736,106 |
Team Esface Inc Redwood City, CA | $170,608 | $568,435 |
Palo Alto NATIONAL JUNIOR BASKETBALL Los Altos Hills, CA | $0 | $303,126 |
Sierra Nevada Basketball Inc Reno, NV | $2,943 | $276,310 |
East Bay Basketball Officials Association Hercules, CA | $1,000 | $275,181 |
Rocklin Girls Fast Pitch Softball Rocklin, CA | $60,559 | $238,087 |