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Nonprofiteer
← DALLAS STARS FOUNDATION INC

Form 990 for tax year 2022

Filed by DALLAS STARS FOUNDATION INC.

Totals

Total revenue
$1,914,730
Total expenses
$1,927,654
Contributions and grants received
$776,531
Grants paid
$942,756
Program service revenue
$0
Investment income
$0
Other revenue
$1,138,199
Total assets, end of year
$1,219,252
Total liabilities, end of year
$754,775
Net assets or fund balances, end of year
$464,477
Program services expenses (Part IX)
$1,225,706
Management and general expenses
$544,579
Fundraising expenses
$157,369
Program service expenses (Part III)
$1,225,706

Program services were 63.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $776,531

  • 8a · Fundraising events: gross income

    $2,732,070

  • 8b · Fundraising events: direct expenses

    $1,593,871

  • 8c · Net income from fundraising events

    total $1,138,199 · excluded $1,138,199

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $942,756 · program services $942,756

  • 5 · Compensation of officers, directors and key employees

    total $175,000 · management and general $175,000

  • 7 · Other salaries and wages

    total $261,526 · program services $2,700 · management and general $258,826

  • 8 · Pension plan contributions

    total $5,247 · management and general $5,247

  • 9 · Other employee benefits

    total $20,771 · management and general $20,771

  • 10 · Payroll taxes

    total $33,987 · management and general $33,987

  • 12 · Advertising and promotion

    total $21,445 · program services $300 · fundraising $21,145

  • 13 · Office expenses

    total $38,384 · program services $2,229 · management and general $4,108 · fundraising $32,047

  • 17 · Travel

    total $113,846 · program services $41,697 · management and general $8,320 · fundraising $63,829

  • 19 · Conferences, conventions and meetings

    total $161,552 · program services $161,552

  • 24a · Other expenses: OTHER GENERAL & ADMINIS

    total $100,846 · program services $64,398 · management and general $27,965 · fundraising $8,483

  • 24b · Other expenses: BANK AND CREDIT CARD FE

    total $29,954 · program services $8,959 · management and general $8,055 · fundraising $12,940

  • 24c · Other expenses: DUES & FEES

    total $22,340 · program services $1,115 · management and general $2,300 · fundraising $18,925

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $383,880 · end of year $1,126,428

  • 4 · Accounts receivable

    beginning of year $51,639 · end of year $92,824

  • 17 · Accounts payable and accrued expenses

    beginning of year -$40,582 · end of year $652,775

  • 19 · Deferred revenue

    beginning of year -$1,300 · end of year $102,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $477,401 · end of year $464,477

Mission and programs · 2022

Mission

THE HEART OF THE DALLAS STARS FOUNDATION, INC. IS TO INVEST IN OURCOMMUNITIES BY CREATING UNIQUE PROGRAMS THAT NURTURE AND ENRICH THELIVES OF THOSE IN NEED.

Activities or mission (Part I)

THE HEART OF THE DALLAS STARS FOUNDATION, INC. IS TO INVEST IN OUR COMMUNITIES BY CREATING UNIQUE PROGRAMS THAT NURTURE AND ENRIGH THE LIVES

  • THE DALLAS STARS FOUNDATION HOSTS AN ANNUAL CASINO NIGHT, WHICH IS ITS LARGEST FUNDRAISER EACH YEAR. ATTENDEES CAN PARTICIPATE IN A SILENT AND LIVE AUCTION, WHICH FEATURES AUTOGRAPHED MEMORABILIA, INCLUDING JERSEYS FROM CURRENT AND FORMER DALLAS STARS PLAYERS. PROCEEDS FROM THE CASINO NIGHT HELP FUND FINANCIAL GRANTS, SCHOLARSHIPS, AND OTHER IN-KIND DONATIONS.

    Expenses $257,468 · Revenue $521,822

  • THE DALLAS STARS FOUNDATION 50/50 RAFFLE RAISES FUNDS FOR WORTHWHILE NORTH TEXAS CHARITIES WHILE GIVING YOU THE CHANCE TO WALK AWAY WITH A NIGHTLY CASH PRIZE! RAFFLE TICKETS ARE SOLD DURING EACH STARS HOME GAME AND A DRAWING IS HELD AT THE BEGINNING OF THE THIRD PERIOD TO SELECT THE LUCKY WINNER OF HALF OF THE TOTAL POT FOR THAT GAME. HALF OF THE MONEY RAISED FROM THE 50/50 RAFFLE GOES DIRECTLY TOWARDS THE FUNDING OF OUR COMMUNITY GRANTS PROGRAM.

    Expenses $245,187 · Grants $83,856 · Revenue $1,336,220

  • ST. PHILIP'S LEGACY PROJECT - THE DALLAS STARS HOSTED THE NHL WINTER CLASSIC ON JANUARY 1, 2020. EVERY NHL CLUB THAT HAS HOSTED THE WINTER CLASSIC IS TASKED BY THE NHL WITH CREATING A LEGACY PROJECT AROUND THE EVENT. THIS PROJECT IS DESIGNED TO IMPACT THE SURROUNDING COMMUNITIES IN A MEANINGFUL AND LONG-LASTING WAY. ST. PHILIP'S SCHOOL AND COMMUNITY CENTER WAS SELECTED BECAUSE OF ITS HISTORY OF PROVIDING FIRST-CLASS EDUCATION AND PROGRAMMING TO THE CHILDREN OF SOUTH DALLAS SINCE THE LATE 1940S. THE DALLAS STARS FOUNDATION HAS PLEDGED $2 MILLION OVER FIVE YEARS TO ST. PHILIP'S. THE MONEY THE FOUNDATION IS GRANTING WILL GO TO HELP BUILD THE SCHOOL'S NEW ATHLETIC COMPLEX AND FUND SUMMER PROGRAMMING FOR AREA YOUTHS.

    Expenses $400,000

  • Expenses $323,051 · Grants $24,718 · Revenue $551,517

As filed on the 2022 return.

Listed in Part VII

  • Marty Turco

    PRESIDENT & CHAIRMAN

    Total calculated
    $175,000
    From this org
    $0
    From related orgs
    $175,000
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $175,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $175,000 related

  • David Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • Andrew Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • Avi Khan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • Dustin Ritchie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • David Pace

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • Gerald Diduck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    15

  • Therese Baird

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Jessica Nemergut

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • DALLAS SPORTS & ENTERTAINMENT LP

    PROFESSIONAL SPORTS · DE

  • DSE HOCKEY CLUB LP

    PROFESSIONAL SPORTS · DE

  • DSE HOCKEY CENTERS LP

    PROFESSIONAL SPORTS · DE

  • CENTER OPERATING COMPANY LP

    ARENA MANAGEMENT · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NORTHLAND PROPERTIES CORP

    C · HOLDING COMPANY · CA

  • DSE HOCKEY CLUB GP INC

    C · PROFESSIONAL SPORTS · DE

  • DSE HOCKEY CENTERS GP INC

    C · PROFESSIONAL SPORTS · DE

  • DALLAS STARS HOCKEY ENTERPRISES

    C · PROFESSIONAL SPORTS · CA

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202401369349309255

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