Form 990 for tax year 2025

Filed by FBA FOUNDATION INC.

Totals

Total revenue: $2,154,067
Total expenses: $60,697
Contributions and grants received: $2,126,252
Grants paid: $60,000
Program service revenue: $0
Investment income: $27,815
Other revenue: $0
Total assets, end of year: $2,239,902
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $2,239,902
Program services expenses (Part IX): $60,000
Management and general expenses: $697
Fundraising expenses: $0
Program service expenses (Part III): $60,000

Program services were 98.9% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$2,126,252
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$0
1g · Noncash contributions included above

$0
3 · Investment income

total $32,173 · related or exempt $0 · unrelated business $0 · excluded $32,173
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6d · Net rental income or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $96,151 · other assets $0
7b · Less cost or other basis and sales expenses

securities $100,509 · other assets $0
7c · Gain or loss

securities -$4,358 · other assets $0
7d · Net gain or loss

total -$4,358 · related or exempt $0 · unrelated business $0 · excluded -$4,358
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $60,000 · program services $60,000
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
24a · Other expenses: Foreign Taxes Paid

total $697 · program services $0 · management and general $697 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $0 · end of year $0
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $0 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $5,004 · end of year $2,239,902
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $0 · end of year $0
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $5,004 · end of year $2,239,902
28 · Net assets with donor restrictions

beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

THE MISSION OF THE FBA FOUNDATION INC IS TO FOSTER THE DEVELOPMENT OF YOUTH IN SPORTS RELATED PROGRAMS WITH AN EDUCATIONAL EMPHASIS TO BUILD SELF-ESTEEM ATHLETIC DEVELOPMENT RESPECT AND CHILD DEVELOPMENT THROUGH A DIVERSE LEVEL OF SPORTS AND ACTIVITIES. THE FOUNDATION PROMOTES INCLUSIVE INVOLVEMENT OF PARTICIPANTS BY BEING A CARING AND SAFE ORGANIZATION AND IS MODELED AROUND SPORTSMANSHIP FAIR PLAY AND PARTICIPANT SAFETY.

Activities or mission (Part I)

THE MISSION OF THE FBA FOUNDATION INC IS TO FOSTER THE DEVELOPMENT OF YOUTH IN SPORTS RELATED PROGRAMS WITH AN EDUCATIONAL EMPHASIS TO BUILD SELF-ESTEEM ATHLETIC DEVELOPMENT RESPECT AND CHILD DEVELOPMENT THROUGH A DIVERSE LEVEL OF SPORTS AND ACTIVITIES. THE FOUNDATION PROMOTES INCLUSIVE INVOLVEMENT OF PARTICIPANTS BY BEING A CARING AND SAFE ORGANIZATION AND IS MODELLED AROUND SPORTSMANSHIP FAIR PLAY AND PARTICIPANT SAFETY.

The FBA Foundation Inc. supported youth sports in Indianapolis by providing grants to a local organization. The grants were utilized to enhance sports programs promote physical activity and foster the personal development of young athletes. This support directly impacted the lives of children and teenagers in the community encouraging active and healthy lifestyles while also fostering teamwork leadership skills and a sense of community among participants.

Expenses $60,000 · Grants $60,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Andrew Held

President

Total calculated

$0

Hours/week

1
Bryan Barrett

Vice President

Total calculated

$0

Hours/week

1
Michael Burnham

Treasurer

Total calculated

$0

Hours/week

1
Mark Fakhoury

Secretary

Total calculated

$0

Hours/week

1
Evan Bever

Board Director

Total calculated

$0

Hours/week

1

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.

Grants on this return

FIRST BAPTIST ATHLETICS

$60,000

YOUTH SPORTS GRANT TO FIRST BAPTIST ATHLETICS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

First Baptist Church of Indianapolis dba First Baptist Athletics Ministry

501(c)(3) · Church · IN

Provenance

Return type: form_990
Tax year: 2025
Filed: 5 May 2026
IRS schema version: 2025v4.0
Source object: 202601259349301105

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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