Caris Sports Foundation Inc is located in Chandler, AZ. The organization was established in 2019. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Caris Sports Foundation 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 12/2023, Caris Sports Foundation Inc generated $113.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $134.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
GRANT QUARTERLY DISTRIBUTIONS PAID DIRECTLY TO ORGANIZATIONS ON BEHALF OF APPLICANTS/RECIPIENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Racquel Mcnabb Executive Director | 35 | $0 | |
Jennifer Kruse Director | 35 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,867 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,240 |
| Other Revenue | $0 |
| Total Revenue | $113,630 |
| 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 | $9,323 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,250 |
| Total expenses | $134,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,440 |
| Other assets | $0 |
| Total assets | $21,102 |
| Total liabilities | $277 |
| Net assets or fund balances | $20,825 |