Michigan Sports Academies Foundation
- Assets
- $149.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 82-2569262
Organization Overview
Michigan Sports Academies Foundation is located in Grand Rapids, MI. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Sports Academies 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, Michigan Sports Academies Foundation generated $46.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $99.5k during the year ending 12/2022. 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
THE MSA FOUNDATION PROVIDES FINANCIAL RESOURCES THAT FACILITATE PARTICIPATION BY UNDER-PRIVILEGED YOUTH IN SPORT. IN 2022 121 FAMILIES, 136 ATHLETES QUALIFIED FOR FINANCIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne C Devos President Emeritus | 1 | $0 | |
Katie Vanderweide President & Director | 1 | $0 | |
Chris Caswell Beg 0522 Treasurer & Director | 2 | $0 | |
Dan Clemo End 0522 Secretary, Treasurer & Director | 2 | $0 | |
Jeff Boyd Director | 1 | $0 | |
Angela Cassiday Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,112 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$356 |
| Other Revenue | $0 |
| Total Revenue | $46,756 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,910 |
| Total expenses | $99,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,848 |
| Other assets | $0 |
| Total assets | $149,556 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,556 |