Sports Venue Foundation
Sports Venue Foundation shows asset growth but recent operating deficits with no reported officer compensation.
EIN: 205165911 · White Riv Jct, VT · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $3.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.5M |
| Transparency Score | 85/100 |
Is Sports Venue Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sports Venue Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sports Venue Foundation
Sports Venue Foundation (EIN: 205165911) is a nonprofit organization based in White Riv Jct, VT, classified under NTEE code P20. The organization reported total revenue of $7.2M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sports Venue Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sports Venue Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-380,593 |
| Total Assets | $8.2M |
| Total Liabilities | $746K |
| Net Assets | $7.5M |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 25.7 months |
Financial Health Grade: B
In 2023, Sports Venue Foundation reported a deficit of $381K with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sports Venue Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +13.2% | +6.5% |
| 2022 | +2.9% | +23.5% | -22.5% |
| 2021 | -30.4% | -9.7% | +23.3% |
| 2020 | +40.1% | -7.1% | +9.7% |
| 2019 | +31.2% | +26.2% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sports Venue Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sports Venue Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $381K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with current revenue of over $7 million and assets of nearly $12 million, suggesting either a volunteer-led executive team or compensation is covered by an affiliated entity, which would warrant further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sports Venue Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202309 and 202209)
- Unusually low (0%) reported officer compensation for an organization of this size, potentially indicating hidden compensation or reliance on external support not fully transparent in 990s.
Strengths
The following positive indicators were identified for Sports Venue Foundation:
- Strong asset growth over time, from $6.5 million in 2011 to $11.9 million currently.
- Consistent reporting of 0% officer compensation, indicating a commitment to directing funds to mission or volunteer leadership.
- Long filing history (10 filings) demonstrating consistent compliance and transparency in reporting.
Frequently Asked Questions about Sports Venue Foundation
Is Sports Venue Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sports Venue Foundation (EIN: 205165911) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Sports Venue Foundation spend its money?
Sports Venue Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sports Venue Foundation tax-deductible?
Sports Venue Foundation is registered as a tax-exempt nonprofit (EIN: 205165911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sports Venue Foundation CEO make?
Sports Venue Foundation's highest-compensated officer earns $7 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sports Venue Foundation's spending goes to programs?
Sports Venue Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sports Venue Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sports Venue Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sports Venue Foundation located?
Sports Venue Foundation is headquartered in White Riv Jct, Vermont and files with the IRS under EIN 205165911. It is classified under NTEE code P20.
How many years of IRS 990 filings does Sports Venue Foundation have?
Sports Venue Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.2M in total revenue.
How does Sports Venue Foundation cover its executive leadership costs if officer compensation is consistently 0%?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based or compensated through an affiliated entity, which is not detailed in these 990 summaries. Further inquiry into their operational structure would be needed.
What is the cause of the recent trend where expenses exceed revenue, as seen in 202309 and 202209 filings?
In 202309, expenses ($3,840,116) exceeded revenue ($3,459,523), and similarly in 202209, expenses ($3,392,014) were higher than revenue ($3,179,410). This trend suggests the organization is operating at a deficit, potentially drawing from reserves or experiencing temporary funding shortfalls. A deeper dive into their program activities and funding sources would be necessary to understand the cause and sustainability.
Given the NTEE code P20 (Sports, Recreational, Athletic, Camping, Other), how effectively are their assets of $11,923,737 being utilized for their mission?
With assets growing from $6.5 million in 2011 to nearly $12 million currently, the organization has a substantial asset base. The effectiveness of their utilization for the mission would depend on the nature of these assets (e.g., facilities, endowments) and their direct contribution to sports and recreational programs. The consistent asset growth suggests good financial stewardship, but the impact on programs needs further context.
Filing History
IRS 990 filing history for Sports Venue Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sports Venue Foundation's revenue has grown by 87.9%, moving from $1.8M to $3.5M. Total assets increased by 26.5% over the same period, from $6.5M to $8.2M. Total functional expenses rose by 89.6%, from $2.0M to $3.8M. In its most recent filing year (2023), Sports Venue Foundation reported a deficit of $381K, with expenses exceeding revenue. The organization holds $746K in liabilities against $8.2M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.8M | $8.2M | $746K | — | View 990 |
| 2022 | $3.2M | $3.4M | $7.7M | $560K | — | View 990 |
| 2021 | $3.1M | $2.7M | $10.0M | $442K | — | View 990 |
| 2020 | $4.4M | $3.0M | $8.1M | $183K | — | — |
| 2019 | $3.2M | $3.3M | $7.4M | $238K | — | View 990 |
| 2015 | $2.4M | $2.6M | $6.8M | $177K | — | View 990 |
| 2014 | $2.2M | $2.5M | $7.3M | $186K | — | View 990 |
| 2013 | $2.5M | $2.4M | $7.4M | $252K | — | View 990 |
| 2012 | $2.0M | $2.2M | $6.8M | $147K | — | View 990 |
| 2011 | $1.8M | $2.0M | $6.5M | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.8M, and assets of $8.2M (revenue +8.8% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.4M, and assets of $7.7M (revenue +2.9% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.7M, and assets of $10.0M (revenue -30.4% year-over-year).
- 2020: Revenue of $4.4M, expenses of $3.0M, and assets of $8.1M (revenue +40.1% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.3M, and assets of $7.4M (revenue +31.2% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.6M, and assets of $6.8M (revenue +10.4% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.5M, and assets of $7.3M (revenue -14.2% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.4M, and assets of $7.4M (revenue +27.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.2M, and assets of $6.8M (revenue +8.4% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.0M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sports Venue Foundation:
Data Sources and Methodology
This transparency report for Sports Venue Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.