Sports Shed Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264087576 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Sports Shed Inc?

Sports Shed Inc, based in Chicago, Illinois, is a compassionate nonprofit organization that is dedicated to enriching the lives of children in underprivileged circumstances. By providing high-quality sports equipment to over 60 schools and organizations, Sports Shed Inc plays a vital role in establishing new sports programs and activities. Their mission is to offer children the opportunity to engage in sports and physical fitness, fostering their overall development and well-being. With a small but dedicated workforce of 4 individuals, Sports Shed Inc is making a significant impact in its community.


Official website here: www.thesportsshed.org

Is Sports Shed Inc legitimate?

Sports Shed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Shed Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,404

For more financial information, click here


Official website here: www.thesportsshed.org

What is the mission statement of Sports Shed Inc?

Sports Shed Inc's mission is centered around empowering children in underprivileged circumstances by offering them access to sports and physical fitness activities. They accomplish this by supplying high-quality sports equipment to schools and organizations. By providing such equipment, they contribute to the establishment of new sports programs and activities, thereby promoting physical health and well-being among these children.


Official website here: www.thesportsshed.org

Who is the CEO of Sports Shed Inc?

Tina Sernett is the Executive Director of Sports Shed Inc.


Official website here: www.thesportsshed.org

What is the revenue of Sports Shed Inc?

Sports Shed Inc's revenue in 2022 was $538,130.


Official website here: www.thesportsshed.org

Who are the executives of Sports Shed Inc and what are their salaries?

The average compensation at Sports Shed Inc during 2022 was $24,851. There are 4 employees and 8 volunteers at Sports Shed Inc.

Here are 4 key members and their salaries:

    Tina Sernett (Executive Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Mary Gifford (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Scanlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thesportsshed.org

    Where can I find the form 990 for Sports Shed Inc?

    The Sports Shed Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thesportsshed.org

    Learn more at the official website: www.thesportsshed.org

    Mission Statement of Sports Shed Inc

    Sports Shed Inc, a nonprofit organization, is committed to providing children in underprivileged circumstances with the opportunity to engage in sports and physical fitness. They accomplish this mission by supplying quality sports equipment to various schools and organizations. By doing so, Sports Shed Inc helps establish new sports programs and activities, thereby fostering a healthier and more active lifestyle for these children. The organization's mission is to bridge the gap between under-resourced communities and the benefits of sports participation, ultimately enriching the lives of countless young individuals.

    Impact

    This information is meant to be a general summary of Sports Shed Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Sports Shed Inc has a profound impact on children in under-resourced situations by providing them with opportunities to engage in sports and physical fitness. Through the provision of quality sports equipment to over 60 schools and organizations in Chicago, Illinois, Sports Shed Inc is helping to create new sports programs and activities. This not only promotes physical well-being but also fosters important life skills such as teamwork, discipline, and sportsmanship among youths in the community. By offering these resources, Sports Shed Inc is making a positive difference in the lives of children and contributing towards their overall development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $173,472
  • Gross Receipts: $578,835

    • Assets and Liabilities:
  • Total Assets: $180,491
  • Total Liabilities: $7,576
  • Net Assets: $172,915
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Wholesale Sports Equipment Revenue

    Revenue

    $173,472

    Organization Details

    Founding Year

    2009

    Principal Officer

    Tina Sernett

    Main Address

    2126 West Charleston Street, Chicago, IL, 60647

    NTEE Category

    Code: Y20 - Mutual benefit

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