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Nonprofiteer
← I A C SPORTS FOUNDATION INC

Form 990-EZ for tax year 2024

Filed by I A C SPORTS FOUNDATION INC.

Totals

Total revenue
$71,478
Total expenses
$62,569
Contributions and grants received
$94,385
Grants paid
$36,800
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
$2,570
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
-$25,477
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$111,779
Total liabilities, end of year
$680
Net assets or fund balances, end of year
$111,099
Program service expenses (Part III)
$35,800

Program services were 57.2% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2024

Primary exempt purpose

TO RAISE MONEY AND SUPPORT AMATEUR SPORTS COMPETITION IN THE GREATER INDIANAPOLIS AREA.

  • TO RAISE MONEY AND SUPPORT AMATEUR SPORTS COMPETITION.

    Expenses $35,800 · Grants $35,800

  • PLANNING, PROMOTING,AND COORDINATING RUN/WALK EVENTS WITH THE GOAL OF USING EVENT PROCEEDS TO SUPPORT AMATEUR SPORTS IN THE GREATER INDIANAPOLIS AREA.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Robert V Welch Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Mike Kennedy

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Matt Robinson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Mike Farrell

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Joe Cripe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carl Daniels

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Kevin Flynn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Pete Forsee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Mark Klein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Barry McGinley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Cameron O'Connor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Chris Thomas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202543159349202544

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

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