Overview
What is Colorado Springs Sports Corporation?
Colorado Springs Sports Corporation (CSSC) is a nonprofit organization situated in Colorado Springs, Colorado. Established with the mission to stage the first national sports festival, the corporation aims to foster a strong regional sports presence. CSSC achieves this goal through economic development, event promotion, and a deep commitment to youth sports and community development activities. The organization has made significant contributions to the sports community, benefiting from 113,592 worth of in-kind donations. These contributions primarily cover services and facilities, as defined by the Internal Revenue Service. CSSC operates with a dedicated workforce of 20 individuals, contributing to the sports and community scene in Colorado Springs.
Official website here: www.thesportscorp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This rating reflects a strong commitment to accountability and finance, with the organization scoring 100% in this area based on the analysis of its financial practices. The high score indicates that the Colorado Springs Sports Corporation maintains solid financial health, effective governance, and transparency.
The organization boasts a fully independent board and a robust financial oversight structure, as evidenced by its perfect scores in areas like independent board members and the absence of material diversion of assets. Furthermore, it demonstrates a commendable program expense ratio of 71.15%, suggesting that a significant portion of its funds is directed toward its mission-driven activities.
However, user experiences reported on GreatNonprofits indicate a contrasting perspective, with at least one review highlighting issues related to poor customer service and management. This discrepancy suggests that while the organization maintains a strong financial and governance profile, there may be areas for improvement in its community engagement and service delivery.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Colorado Springs Sports Corporation legitimate?
Colorado Springs Sports Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Springs Sports Corporation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $241,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,290
For more financial information, click here
Official website here: www.thesportscorp.org
What is the mission statement of Colorado Springs Sports Corporation?
The Colorado Springs Sports Corporation was established with the goal of organizing the first national sports festival. To achieve this, the corporation aimed to establish a robust regional sports presence through economic development, event promotion, and a complete dedication to youth sports and community development activities. The organization's primary focus is on fostering sports and community development, thereby contributing positively to the overall growth and well-being of the youth.
The Colorado Springs Sports Corporation is best known for hosting the Rocky Mountain State Games, a multi-sport festival open to citizens of various ages, athletic abilities, and disabilities from Colorado and other states without state games programs. The corporation has benefited from significant in-kind contributions, totaling around 113,592 dollars, which have significantly aided in the successful conduct of these games.
Official website here: www.thesportscorp.org
Who is the CEO of Colorado Springs Sports Corporation?
Megan Leatham is the Chair of Colorado Springs Sports Corporation. The CEO's salary of Colorado Springs Sports Corporation is $231,620 and their total compensation is $241,701.
Official website here: www.thesportscorp.org
What is the revenue of Colorado Springs Sports Corporation?
Colorado Springs Sports Corporation's revenue in 2022 was $1,891,049.
Official website here: www.thesportscorp.org
Who are the executives of Colorado Springs Sports Corporation and what are their salaries?
The average compensation at Colorado Springs Sports Corporation during 2022 was $35,450. There are 20 employees and 500 volunteers at Colorado Springs Sports Corporation.
Here are 20 key members and their salaries (Colorado Springs Sports Corporation's CEO's salary is $231,620 and their total compensation is $241,701):
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- Compensation: $231,620
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- Compensation: $100,500
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- Other: $4,750
Official website here: www.thesportscorp.org
Where can I find the form 990 for Colorado Springs Sports Corporation?
Colorado Springs Sports Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thesportscorp.org
Learn more at the official website: www.thesportscorp.org
Mission Statement of Colorado Springs Sports Corporation
The Colorado Springs Sports Corporation was established with a mission to aid in organizing the first National Sports Festival. Committed to establishing a robust regional sports presence, the corporation focuses on economic development, promoting events, and dedicating itself to youth sports and community development activities. By hosting the Rocky Mountain State Games, a multi-sport festival open to Colorado residents and individuals from states without their own games programs, the corporation offers an inclusive platform for individuals of all ages, athletic abilities, and disabilities, including visually impaired and Paralympic athletes. The Rocky Mountain State Games program benefited from over 113,592 worth of in-kind contributions, though a significant portion of this value has been excluded from the support listed in certain sections as it pertains to services and facilities defined by the Internal Revenue Service.
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Impact
July, 2024
Colorado Springs Sports Corporation's impact can be seen through its establishment of a strong regional sports presence through economic development, event promotion, and dedicated youth sports and community development activities. One of its key initiatives, the Rocky Mountain State Games (RMSG), provides a multi-sport festival for Colorado citizens of all ages and athletic abilities, including physically disabled, visually impaired, and Paralympic athletes. The program has received significant value in-kind contributions totaling $113,592, supporting its mission to promote sports participation and community engagement.
This information is meant to be a general summary of Colorado Springs Sports Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $72,636
- Program Service Revenue: $510,267
- Gross Receipts: $2,006,639
Assets and Liabilities:
- Total Assets: $3,540,307
- Total Liabilities: $352,227
- Net Assets: $3,188,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPETITIONS AND EVENTS
Revenue
$409,654
ROCKY MTN. STATE GAMES
Revenue
$100,613
Organization Details
Founding Year
1978
Phone
(719) 634-7333Principal Officer
Megan Leatham
Main Address
1631 MESA AVE SUITE E, COLORADO SPRINGS, CO, 80906
Website
www.thesportscorp.orgNTEE Category
Code: N700 - Recreation
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