Project Advantage FY2023 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

Project Advantage is the 501(c)(3) non-profit that owns and operates the sportsplex for the benefit of the community.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2229010) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $127K a year · 15% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
96% of spending went to programs.
Pt IX · Ln 25 · col B
2.0 mo
of spending, in cash
2.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $168K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
88% of total assets
Liabilities are 88% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$838K
+106% vs prior year
Spent
$710K
To programs
96%
Net assets
$274K
By yearFY2022–FY2025
Revenue
$838K
FY2023▲ +106%
Tap a bar for its year
Revenue by fiscal year
FY2022$406K
FY2023$838K
FY2024$1.1M
FY2025$1.0M
Expenses
$710K
FY2023▲ +173%
Tap a bar for its year
Expenses by fiscal year
FY2022$260K
FY2023$710K
FY2024$826K
FY2025$1.1M
Net assets
$274K
FY2023▲ +88%
Tap a bar for its year
Net assets by fiscal year
FY2022$146K
FY2023$274K
FY2024$560K
FY2025$516K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $684K Management & general 3% · $21K Fundraising 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Project Advantage executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates a sportsplex for community benefit.

Questions for Project Advantage

Tap to ask. Project Advantage sees how many people are interested.

Your first name shows with your question. Project Advantage answers here, for everyone.

1 program · $684K · in their own filed words · FY2023
01

Cedar Rock Sportsplex is home to RAMS Hockey, SCOR Soccer, Cedar Springs AYSO, Area K9 clubs, Corn Hole leagues, Adult Hockey and Soccer Leagues and more! Project Advantage is the 501c3 non-profit that owns and operates the sportsplex for the benefit of the community.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2229010) · Dispute this line
$684Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$838K
Ln 12
Fees for servicesLn 2g$658K
Other incomeLn 4–11$151K
Gifts and grantsLn 1h$30K
Money outPt IX
$710K
Ln 25
Programscol B$684K
Managementcol C$21K
Fundraisingcol D$5K
Owns and owesPt X
$274K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Fees for servicesLn 2g$658K
Other incomeLn 4–11$151K
Total revenueLn 12$838K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Accounts receivableLn 4$76K
Land, buildings, equipmentLn 10c$2.1M
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.0M
Net assetsLn 32$274K
OperationsPt I, VI
EmployeesI 525
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$114K$120K
Land, buildings, equipmentLn 10c$2.2M$2.1M
Total assetsLn 16$2.3M$2.3M
LiabilitiesLn 26$2.2M$2.0M
Net assetsLn 32$146K$274K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$167K$167K
Payroll taxesLn 10$20K$20K
Accounting feesLn 11c$14K$14K
Other fees for servicesLn 11g$59K$59K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$6K$6K
Information technologyLn 14$3K$3K
OccupancyLn 16$146K$146K
TravelLn 17$357$357
InterestLn 20$47K$47K
Depreciation, depletion and amortizationLn 22$57K$57K
InsuranceLn 23$40K$40K
Other expenses (24a–d)Ln 24$145K$145K$618
Total functional expensesLn 25$710K$684K$21K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 26, 2026 $1.0M$1.1M−$44K$516K 990 PDF
FY2024Filed with the IRS Sep 9, 2025 $1.1M$826K$278K$560K 990 PDF
FY2023 ViewingFiled with the IRS May 23, 2024 $838K$710K$128K$274K 990 PDF
FY2022Filed with the IRS Sep 7, 2023 $406K$260K$146K$146K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $838,382 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $121,537$29,760
I-9 Program service revenuePrior year $243,363$657,553
I-10 Investment income$0
I-11 Other revenuePrior year $41,278$151,069
I-12 Total revenuePrior year $406,178$838,382
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $49,133$186,447
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $211,131$523,462
I-18 Total expensesPrior year $260,264$709,909
I-19 Revenue less expensesPrior year $145,914$128,473
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $838,382 across 5 lines filed
Lines not itemized here account for $118,406 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$29,760
VIII-1h Total contributions, gifts and grants$29,760
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $657,553$657,553
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $32,663$32,663
VIII-12 Total revenueRelated to mission $808,622 · Unrelated business $0 · Excluded from tax $0$838,382
Part IX · Statement of functional expenses $709,909 across 13 lines filed
IX-7 Other salaries and wagesPrograms $166,884$166,884
IX-10 Payroll taxesPrograms $19,563$19,563
IX-11c Accounting feesManagement $13,523$13,523
IX-11g Other fees for servicesPrograms $59,377$59,377
IX-12 Advertising and promotionFundraising $5,159$5,159
IX-13 Office expensesManagement $6,401$6,401
IX-14 Information technologyPrograms $2,541$2,541
IX-16 OccupancyPrograms $146,310$146,310
IX-17 TravelPrograms $357$357
IX-20 InterestPrograms $47,215$47,215
IX-22 Depreciation, depletion and amortizationPrograms $56,840$56,840
IX-23 InsurancePrograms $40,448$40,448
IX-24 Other expenses (24a–d)Programs $144,673 · Management $618$145,291
IX-25 Total functional expensesPrograms $684,208 · Management $20,542 · Fundraising $5,159$709,909
Part X · Balance sheet $2,317,731 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $114,031$119,970
X-4 Accounts receivableStart of year $23,773$76,151
X-10c Land, buildings and equipment, netStart of year $2,174,150$2,121,610
X-16 Total assetsStart of year $2,311,954$2,317,731
X-17 Accounts payable and accrued expensesStart of year $19,039$22,067
X-23 Secured mortgages and notes payableStart of year $2,145,350$2,018,065
X-25 Other liabilitiesStart of year $1,651$3,212
X-26 Total liabilitiesStart of year $2,166,040$2,043,344
X-27 Net assets without donor restrictionsStart of year $145,914$274,387
X-32 Total net assets or fund balancesStart of year $145,914$274,387
X-33 Total liabilities and net assetsStart of year $2,311,954$2,317,731
Part XI · Reconciliation of net assets $274,387 net assets at year end
XI-1 Total revenue$838,382
XI-2 Total expenses$709,909
XI-3 Revenue less expenses$128,473
XI-4 Net assets at start of year$145,914
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$274,387

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.