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Nonprofiteer
← FOX CITIES SPORTS DEVELOPMENT INC

Form 990 for tax year 2022

Filed by FOX CITIES SPORTS DEVELOPMENT INC.

Totals

Total revenue
$2,044,281
Total expenses
$1,692,417
Contributions and grants received
$861,105
Grants paid
$0
Program service revenue
$874,480
Investment income
$3,460
Other revenue
$305,236
Total assets, end of year
$646,055
Total liabilities, end of year
$778,419
Net assets or fund balances, end of year
-$132,364
Program services expenses (Part IX)
$1,409,170
Management and general expenses
$283,247
Fundraising expenses
$0
Program service expenses (Part III)
$1,409,173

Program services were 83.3% 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.

  • 1c · Fundraising events

    $4,500

  • 1f · All other contributions, gifts and grants

    $856,605

  • 1g · Noncash contributions included above

    $250,000

  • 2a · Program service revenue: FACILITY RENTALS

    total $830,532 · related or exempt $830,532

  • 2b · Program service revenue: RENTAL INCOME

    total $43,948 · related or exempt $43,948

  • 3 · Investment income

    total $3,460 · excluded $3,460

  • 8a · Fundraising events: gross income

    $3,755

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

    $4,500

  • 8b · Fundraising events: direct expenses

    $5,774

  • 8c · Net income from fundraising events

    total -$2,019 · excluded -$2,019

  • 10a · Gross sales of inventory

    $513,301

  • 10b · Cost of goods sold

    $216,039

  • 10c · Net income from sales of inventory

    total $297,262 · unrelated business $297,262

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $9,993 · related or exempt $9,993

  • 11e · Other revenue, total

    $9,993

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $441,224 · program services $330,918 · management and general $110,306

  • 9 · Other employee benefits

    total $47,941 · program services $35,955 · management and general $11,986

  • 10 · Payroll taxes

    total $39,936 · program services $29,952 · management and general $9,984

  • 11a · Fees: management

    total $323,395 · program services $323,395

  • 11b · Fees: legal

    total $15,486 · management and general $15,486

  • 11c · Fees: accounting

    total $7,100 · management and general $7,100

  • 11g · Fees: other

    total $148,212 · program services $129,233 · management and general $18,979

  • 12 · Advertising and promotion

    total $20,059 · program services $20,059

  • 13 · Office expenses

    total $7,593 · program services $5,694 · management and general $1,899

  • 14 · Information technology

    total $15,321 · program services $11,490 · management and general $3,831

  • 16 · Occupancy

    total $366,652 · program services $329,987 · management and general $36,665

  • 17 · Travel

    total $362 · program services $271 · management and general $91

  • 20 · Interest

    total $16,570 · management and general $16,570

  • 22 · Depreciation, depletion and amortization

    total $3,333 · program services $3,333

  • 23 · Insurance

    total $70,063 · program services $52,547 · management and general $17,516

  • 24a · Other expenses: BUILDING SUPPLIES

    total $102,535 · program services $89,688 · management and general $12,847

  • 24b · Other expenses: SPONSORSHIP COMMISSIONS

    total $30,127 · program services $30,127

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $22,028 · program services $16,521 · management and general $5,507

  • 24d · Other expenses: BANK SERVICE CHARGES

    total $14,480 · management and general $14,480

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $146,232 · end of year $38,724

  • 2 · Savings and temporary cash investments

    beginning of year $364,580 · end of year $405,448

  • 4 · Accounts receivable

    beginning of year $129,656 · end of year $97,633

  • 8 · Inventories for sale or use

    beginning of year $15,951 · end of year $17,398

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,555 · end of year $75,224

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

    $16,667

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

    $5,039

  • 10c · Land, buildings and equipment, net

    beginning of year $14,961 · end of year $11,628

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,279 · end of year $150,559

  • 19 · Deferred revenue

    beginning of year $170,884 · end of year $177,860

  • 25 · Other liabilities

    beginning of year $925,000 · end of year $450,000

  • 27 · Net assets without donor restrictions

    beginning of year -$484,228 · end of year -$132,364

Mission and programs · 2022

Mission

TO PROVIDE AN ELITE, STATE-OF-THE-ART TOURNAMENT-LEVEL SPORTS EXPERIENCE FOR A DIVERSE COMMUNITY OF ATHLETES AND FAMILIES ALIKE IN A COMPREHENSIVE SPORTS-FOCUSED DESTINATION.

  • TO PROVIDE AN ELITE, STATE-OF-THE-ART TOURNAMENT-LEVEL SPORTS EXPERIENCE FOR A DIVERSE COMMUNITY OF ATHLETES AND FAMILIES ALIKE IN A COMPREHENSIVE SPORTS-FOCUSED DESTINATION.

    Expenses $1,409,173 · Revenue $874,480

As filed on the 2022 return.

Listed in Part VII

  • Pam Seidl

    PRESIDENT

    Total calculated
    $125,696
    From this org
    $0
    From related orgs
    $107,590
    Other
    $18,106

  • Ryan Batley

    VICE CHAIR

    Total calculated
    $0

  • Beau Bernhoft

    DIRECTOR

    Total calculated
    $0

  • Matt Carpenter

    SECRETARY

    Total calculated
    $0

  • Linda Garver

    DIRECTOR

    Total calculated
    $0

  • Chuck Gifford

    DIRECTOR

    Total calculated
    $0

  • Chris Haese

    CHAIR

    Total calculated
    $0

  • Karen Harkness

    DIRECTOR

    Total calculated
    $0

  • Amanda Hedtke

    PAST CHAIR

    Total calculated
    $0

  • Chef Jeff Igel

    DIRECTOR

    Total calculated
    $0

  • Norb Karner

    DIRECTOR

    Total calculated
    $0

  • Randy Kliment

    DIRECTOR

    Total calculated
    $0

  • Jane Lang

    DIRECTOR

    Total calculated
    $0

  • Jim March

    DIRECTOR

    Total calculated
    $0

  • Peter Rank

    DIRECTOR

    Total calculated
    $0

  • Jeff Sturgell

    DIRECTOR

    Total calculated
    $0

  • Abe Weber

    TREASURER

    Total calculated
    $0

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
8 April 2023
IRS schema version
2022v5.0
Source object
202321579349300122

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