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← GAINESVILLE SPORTS ORGANIZING COMMITTEE INC

Form 990 for tax year 2023

Filed by GAINESVILLE SPORTS ORGANIZING COMMITTEE INC.

Totals

Total revenue
$850,568
Total expenses
$805,190
Contributions and grants received
$797,619
Grants paid
$223,978
Program service revenue
$41,884
Investment income
$11,065
Other revenue
$0
Total assets, end of year
$1,242,968
Total liabilities, end of year
$411,043
Net assets or fund balances, end of year
$831,925
Program services expenses (Part IX)
$626,751
Management and general expenses
$134,913
Fundraising expenses
$43,526
Program service expenses (Part III)
$626,751

Program services were 77.8% 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.

  • 1b · Membership dues

    $79,500

  • 1e · Government grants (contributions)

    $718,119

  • 2a · Program service revenue: GSC SPONSORED EVENTS

    total $36,123 · related or exempt $36,123

  • 2b · Program service revenue: OTHER INCOME

    total $3,317 · related or exempt $3,317

  • 2c · Program service revenue: ANNUAL MEETING

    total $2,444 · related or exempt $2,444

  • 3 · Investment income

    total $11,065 · related or exempt $11,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $223,978 · program services $223,978

  • 7 · Other salaries and wages

    total $219,886 · program services $153,920 · management and general $54,972 · fundraising $10,994

  • 9 · Other employee benefits

    total $19,403 · program services $13,582 · management and general $4,851 · fundraising $970

  • 10 · Payroll taxes

    total $18,127 · program services $12,689 · management and general $4,532 · fundraising $906

  • 11c · Fees: accounting

    total $41,325 · program services $18,596 · management and general $20,663 · fundraising $2,066

  • 11g · Fees: other

    total $15,551 · program services $7,096 · management and general $7,686 · fundraising $769

  • 12 · Advertising and promotion

    total $93,463 · program services $71,289 · fundraising $22,174

  • 13 · Office expenses

    total $72,095 · program services $50,446 · management and general $18,782 · fundraising $2,867

  • 14 · Information technology

    total $4,222 · program services $3,166 · management and general $1,056

  • 16 · Occupancy

    total $38,971 · program services $21,434 · management and general $15,588 · fundraising $1,949

  • 17 · Travel

    total $22,232 · program services $18,078 · management and general $3,323 · fundraising $831

  • 19 · Conferences, conventions and meetings

    total $2,266 · program services $1,699 · management and general $567

  • 20 · Interest

    total $314 · management and general $314

  • 22 · Depreciation, depletion and amortization

    total $23,041 · program services $23,041

  • 23 · Insurance

    total $10,316 · program services $7,737 · management and general $2,579

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $46,917 · end of year $155,646

  • 2 · Savings and temporary cash investments

    beginning of year $611,447 · end of year $565,383

  • 4 · Accounts receivable

    beginning of year $120,497 · end of year $162,347

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,755 · end of year $43,100

  • 10a · Land, buildings and equipment: cost or other basis

    $61,558

  • 10b · Land, buildings and equipment: accumulated depreciation

    $33,489

  • 10c · Land, buildings and equipment, net

    beginning of year $2,243 · end of year $28,069

  • 11 · Investments: publicly traded securities

    end of year $288,423

  • 15 · Other assets

    beginning of year $1,129

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,602 · end of year $14,619

  • 19 · Deferred revenue

    end of year $63,817

  • 25 · Other liabilities

    beginning of year $10,108 · end of year $332,607

  • 27 · Net assets without donor restrictions

    beginning of year $766,278 · end of year $831,925

Mission and programs · 2023

Mission

THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA, COUNTY, FLORIDA AND TO ATTRACT ADDITIONAL EVENTS TO THE AREA.

  • THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA COUNTY, FLORIDA AND TO ATTRACT ADDITIONAL EVENTS TO THE AREA. THE EVENTS BENEFIT THE PARTICIPANTS AND INDIRECTLY BENEFIT BUSINESSES IN ALACHUA COUNTY THROUGH THE ECONOMIC IMPACT GENERATED BY THE EVENTS. THE NUMBER OF CLIENTS SERVED IS TOO NUMEROUS TO COUNT, BUT IS ESTIMATED TO BE SEVERAL THOUSAND.

    Expenses $603,710 · Grants $223,978

  • THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA COUNTY, FLORIDA AND TO ATTRAT ADDITIONAL EVENTS TO THE AREA. THE EVENTS BEENFIT THE PARTICIPANTS AND INDIRECTLY BENEFIT BUSINESSES IN ALACHUA COUNTY THROUGH THE ECONOMIC IMPACT GENERATED BY THE EVENTS. THE NUMBER OF CLIENT SERVED IS TOO NUMEROUS TO COUNTY, BUT IS ESTIMATE TO BE SEVERAL THOUSAND.

    Expenses $23,041

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Adam Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carlene Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Broska

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bruce Cribbs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marty Dempsey

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • James Divirgilio

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bryan Flood

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Weston Gallop

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Ryan L Gilbert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elliot Harris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyriaki Kaplanidou

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Terry Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Malphrus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark McClain

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rick McGinnis

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Damon Messina

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Travis Parker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Scott Peters

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dennis Plunket

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lynda Rienhart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marcia Teague

    BOARD MEMBER

    Total calculated
    $0
  • Rochelle Trygar

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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

  • FLORIDA ASSOCIATION BASKETBALL COAC

    $30,000

    SPORTS TOURISM

  • RADD SPORTS NEWBERRY LLC

    $27,322

    SPORTS TOURISM

  • JG SPORTS MANAGEMENT LLC

    $27,000

    SPORTS TOURISM

  • SOUTHERN PRIDE FLORIDA PGF

    $27,000

    SPORTS TOURISM

  • TOTAL OTHER GRANT RECIPIENTS

    $26,505

  • EASTON NEWBERRY SPORTS COMPLEX

    $20,323

    SPORTS TOURISM

  • JAX BEACH SOFTBALL LLC

    $15,000

    SPORTS TOURISM

  • MAD CAP EVENTS LLC DBA SAVAGE RACE

    $13,828

    SPORTS TOURISM

  • INSIDER EXPOSURE

    $11,000

    SPORTS TOURISM

  • CITY OF ALACHUA

    $7,000

    SPORTS TOURISM

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 July 2024
IRS schema version
2023v5.0
Source object
202422979349300317

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

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