Sports Authority Foundation
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 82-2157834
Organization Overview
Sports Authority Foundation is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Sports Authority 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 12/2021, Sports Authority Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $910.7k during the year ending 12/2021. 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
SPONSORING, CONDUCTING AND SUPPORTING AMATEUR ATHLETIC WORKSHOPS, ACTIVITIES AND COMPETITIONS, SPONSORING SCHOLARSHIPS FOR STUDENT ACTIVITIES AND AMATEUR COMPETITIVE ATHLETICS AND PROVIDE EDUCATIONAL SUPPORT AND OPPORTUNITIES FOR STUDENTS, STUDENT ATHLETES, AMATEUR COMPETITIVE ATHLETES, COACHES, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BROTHERS IN ARMS SCHOLARSHIP PROGRAM WAS ESTABLISHED BY THREE LEGENDARY HOUSTON QUARTERBACKS WHO WERE ALL RAISED BY SINGLE MOTHERS THAT STRESSED THE IMPORTANCE OF EDUCATION. THE BROTHERS IN ARMS SCHOLARSHIP PROGRAM OFFERS FINANCIAL ASSISTANCE AND SCHOLARSHIPS TO STUDENT ATHLETES WHO ARE ALSO BEING RAISED IN A SINGLE PARENT ENVIRONMENT.
THE SPORTS AUTHORITY FOUNDATION STARTED THE FREE KICK SOCCER PROGRAM AND THE GIRLS INTRO TO SOCCER PROGRAM TO IN AN EFFORT TO CONNECT MORE CHILDREN TO THE GAME OF SOCCER.
THE SPORTS AUTHORITY FOUNDATION ACCEPTED DONATIONS IN 2021 TO HELP SUPPORT THE 2021 WORLD TRANSPLANT GAMES HELD IN MAY 2021.
SUPPORT FOR 2021 NATIONAL BATTLE OF THE BANDS HOSTED BY THE HARRIS COUNTY-HOUSTON SPORTS AUTHORITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Fraga Chairman | OfficerTrustee | 5 | $0 |
Dave Martin Director | OfficerTrustee | 5 | $0 |
J Kent Friedman Director | OfficerTrustee | 5 | $0 |
Jess Fields Treasurer | OfficerTrustee | 5 | $0 |
Joseph Callier Director | OfficerTrustee | 5 | $0 |
Dr Laura Murillo Director | OfficerTrustee | 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 | $1,099,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,099,136 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,099,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $71,022 |
| Grants and other assistance to domestic individuals. | $43,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,187 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $121,543 |
| Office expenses | $4,740 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,303 |
| All other expenses | $662,858 |
| Total functional expenses | $910,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,014,711 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $345,500 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,360,211 |
| Accounts payable and accrued expenses | $439,834 |
| Grants payable | $0 |
| Deferred revenue | $599,150 |
| 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 | $0 |
| Total liabilities | $1,038,984 |
| 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 | $321,227 |
| Total liabilities and net assets/fund balances | $1,360,211 |
Grants Awarded
Over the last fiscal year, Sports Authority Foundation has awarded $71,022 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HARRIS COUNTY-HOUSTON SPORTS AUTHORITY PURPOSE: Support of the Harris County-Houston Sports Authority's World Transplant Games event. | $46,022 |
HARRIS COUNTY-HOUSTON SPORTS AUTHORITY PURPOSE: Support the Harris County-Houston Sports Authority's National Battle of the Bands event. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sports Authority Foundation has recieved totaling $183,000.
| Awarding Organization | Amount |
|---|---|
Ted & Meredith Segal Foundation New York, NY PURPOSE: OPERATIONS | $125,000 |
Clutch City Foundation Houston, TX PURPOSE: IMPROVE COMMUNITY | $40,000 |
The Methodist Hospital Houston, TX PURPOSE: SUPPORTING AMATEUR ATHLETICS | $10,000 |
Midway Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sugar Bowl Louisiana Superdome New Orleans, LA | $66,510,603 | $18,207,173 |
United States Bowling Congress Inc Arlington, TX | $43,212,080 | $16,821,741 |
Spirit Golf Association The Woodlands, TX | $13,402,948 | $7,337,039 |
Houston Marathon Committee Houston, TX | $3,423,788 | $6,041,457 |
North American Prospect Hockey League Dallas, TX | $969,762 | $3,250,253 |
Ibc Youth Bowling Inc Arlington, TX | $4,392,185 | $2,638,582 |
Dallas White Rock Marathon Dallas, TX | $935,538 | $2,152,497 |
Cowtown Marathon Inc Fort Worth, TX | $1,036,518 | $2,018,808 |
New Orleans Bowl Inc Metairie, LA | $2,170,693 | $2,129,324 |
Town And Country Optimist Foundation Austin, TX | $1,110,634 | $1,534,736 |
United States Bowling Congress Inc Bryan, TX | $908,410 | $1,160,070 |
Amateur Athletic Union Of The United States Inc Edmond, OK | $749,676 | $1,164,829 |