Form 990 for tax year 2022
Filed by LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA.
Totals
- Total revenue
- $9,469,932
- Total expenses
- $7,790,398
- Contributions and grants received
- $9,460,279
- Grants paid
- $5,849,893
- Program service revenue
- $0
- Investment income
- $8,007
- Other revenue
- $1,646
- Total assets, end of year
- $11,853,107
- Total liabilities, end of year
- $4,025,935
- Net assets or fund balances, end of year
- $7,827,172
- Program services expenses (Part IX)
- $7,169,977
- Management and general expenses
- $303,159
- Fundraising expenses
- $317,262
- Program service expenses (Part III)
- $7,169,977
Program services were 92.0% 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.
-
1e · Government grants (contributions)
$4,500,000
-
1f · All other contributions, gifts and grants
$4,960,279
-
3 · Investment income
total $8,007 · excluded $8,007
-
11a · Other revenue: OTHER
total $1,646 · related or exempt $1,646
-
11e · Other revenue, total
$1,646
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,708,054 · program services $5,708,054
-
3 · Grants to foreign organizations and individuals
total $141,839 · program services $141,839
-
5 · Compensation of officers, directors and key employees
total $143,796 · program services $143,796
-
11b · Fees: legal
total $2,401 · management and general $2,401
-
11c · Fees: accounting
total $24,625 · management and general $24,625
-
11d · Fees: lobbying
total $20,000 · program services $20,000
-
11g · Fees: other
total $40,000 · program services $40,000
-
12 · Advertising and promotion
total $28,012 · program services $14,602 · management and general $591 · fundraising $12,819
-
17 · Travel
total $59,522 · program services $25,494 · management and general $31,848 · fundraising $2,180
-
24a · Other expenses: PAYROLL & EMPLOYMENT MA
total $1,229,821 · program services $735,087 · management and general $213,749 · fundraising $280,985
-
24b · Other expenses: PARTNERSHIPS, RESEARCH
total $112,347 · program services $112,347
-
24c · Other expenses: SPECIAL EVENTS
total $99,230 · program services $94,583 · fundraising $4,647
-
24d · Other expenses: OFFICE SUPPLIES-OTHER
total $82,884 · program services $41,589 · management and general $27,347 · fundraising $13,948
-
24e · All other expenses
total $97,867 · program services $92,586 · management and general $2,598 · fundraising $2,683
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1,425,791
-
2 · Savings and temporary cash investments
beginning of year $3,115,221 · end of year $2,654,962
-
3 · Pledges and grants receivable
end of year $4,500,000
-
4 · Accounts receivable
beginning of year $3,386,952 · end of year $3,055,889
-
10a · Land, buildings and equipment: cost or other basis
$5,027
-
10b · Land, buildings and equipment: accumulated depreciation
$5,027
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $225,000 · end of year $216,465
-
17 · Accounts payable and accrued expenses
beginning of year $354,535 · end of year $830,216
-
18 · Grants payable
end of year $3,195,719
-
25 · Other liabilities
beginning of year $225,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $3,316,320 · end of year $3,751,787
-
28 · Net assets with donor restrictions
beginning of year $2,831,318 · end of year $4,075,385
Mission and programs · 2022
Mission
LAUREUS SPORT FOR GOOD FOUNDATION USA'S MISSION IS TO CHANGE THE LIVES OF YOUTH AND STRENGHTEN COMMUNITIES THOUGH THE POWER OF SPORT. (SEE SCHEDULE O FOR CONTINUATION)IT ACCOMPLISHES THIS BY CENTRALLY ORGANIZING AND LEASING THE SPORT FOR GOOD MOVEMENT, EMPOWERING COMMUNITIES TO TACKLE SOCIAL INEQUALITIES. BY INVESTING IN ORGANIZATIONS THAT USE SPORT AS A TOOL FOR SOCIAL CHANGE. LAUREUS USA SUPPORTS THEIR DELIVERY OF QUALITY, SUSTAINABLE PROGRAMMING. THESE EFFORTS LEAD TO DEMONSTRATED CHANGES IN THE HEALTH, EDUCATIONAL ATTAINMENT, EMPLOYABILITY AND SOCIAL COHESION OF YOUTH IN UNDERSERVED COMMUNITIES.
Activities or mission (Part I)
TO CHANGE THE LIVES OF YOUTH AND STRENGHTEN COMMUNITIES THOUGH THE POWER OF SPORT
-
CHAPTERS & MEMBERSHIP - SEE SCHEDULE O.
Expenses $6,147,501 · Grants $5,186,928
-
COACHING GRANTS - SEE SCHEDULE O.
Expenses $806,935 · Grants $662,965
-
RESEARCH & EVALUATION - SEE SCHEDULE O.
Expenses $215,541
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Edwin MosesEDWIN MOSES
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mark RatcliffeMARK RATCLIFFE
BOARD TREASURER & VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher MassoniCHRISTOPHER MASSONI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James RossJAMES ROSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nadia ComaneciNADIA COMANECI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mickael LeroyMICKAEL LEROY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James CameronJAMES CAMERON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca ChatmanREBECCA CHATMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael JohnsonMICHAEL JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcus AllenMARCUS ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Guy SananGUY SANAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fatima AlabdullahFATIMA ALABDULLAH
DIRECTOR OF FINANCE
- Total calculated
- $143,796
- From this org
- $126,686
- From related orgs
- $0
- Other
- $17,110
- Hours/week
- 40
-
Maurya CouvaresMAURYA COUVARES
NATIONAL DIRECTOR
- Total calculated
- $151,086
- From this org
- $130,747
- From related orgs
- $0
- Other
- $20,339
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,110
- Bonus
- $3,637
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,339
- Filer's total
- $151,086
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
- 3 · Approval by the board or compensation committee
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
-
$214,665
GENERAL SUPPORT
-
$177,590
GENERAL SUPPORT
-
$172,072
GENERAL SUPPORT
-
$170,000
GENERAL SUPPORT
-
$165,000
GENERAL SUPPORT
-
$164,806
GENERAL SUPPORT
-
$155,000
GENERAL SUPPORT
-
MIDWEST TENNIS EDUCATION FOUNDATION
$150,666
GENERAL SUPPORT
-
$150,000
GENERAL SUPPORT
-
$150,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313109349301976
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.