Brunswick Athletic Foundation EIN 90-0799671 Form 990 (PDF) Claim this org

Brunswick Athletic Foundation FY2021 filing

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Fundraises and promotes school athletic programs, encouraging healthy competition. For fiscal year 2021 it reported $159K in revenue, $231K in expenses, and $108K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Education
Location
Brunswick, OH
Website
www.brunswickathleticfoundation.org
Filings
5 on file (2020–2021)
Revenue
$159KFY2021
Expenses
$231K
Net assets
$108K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  90-0799671 Public charity (501(c)(3)) Brunswick, OH Founded 2012
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Fundraises and promotes school athletic programs, encouraging healthy competition.
Leadership
Dawn Gawell · Board Member
Money in and out
$159K revenue, $231K expenses
Bottom line
99% program efficiency
Where the money goes · FY2021
Total revenue
$159K
Pt VIII · Ln 12
Total expenses
$231K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$72K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
5.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-45%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$159K
FY2021▼ -44%
Expenses
$231K
FY2021▲ +5%
Total assets
$108K
FY2021▼ -40%
Total liabilities
$0
FY2021
Total revenue
$159K
Pt VIII · Ln 12
Total expenses
$231K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$72K
Total assetsPt X · Ln 16$108K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrunswick Athletic Foundation
EINHdr · item D90-0799671
Principal addressHdr · item CBrunswick, OH
Year of formationHdr · item L2012
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFJul 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Asst. Secretary/Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Brunswick Athletic Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $229K of program spending, described in the organization's own filed words · FY2020.
01

Support Brunswick City Athletic Programs by providing/paying for team equipment, uniforms, gear, cloth, meals, team building, tournament fees, travel, facility improvements, awards and recognition.

$219Kprogram expense
02

Support Brunswick City Schools Athletic Programs via athletic passes included with membership benefits.

$7Kprogram expense
03

Support Brunswick City Schools Athletic Programs by giving scholarships to graduating student athletes.

$4Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$93K · 58%
Program service revenue$43K · 27%
Contributions & grants$24K · 15%
Other revenue58%$93K
Program service revenue27%$43K
Contributions & grants15%$24K
Investment income$14
Total revenueLn 12$159K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$229K
Management & general1%$2K
Total functional expensesLn 25$231K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$108K
Total liabilitiesLn 26$0
Total net assetsLn 32$108K
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses/yr $231K
5.6 months
Where the money goes
Program services
Program services $229K · Total expenses $231K
99%
Management & General
Management & general $2K · Total expenses $231K
1.0%
Fundraising
Fundraising $0 · Total expenses $231K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $61K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $24K · Total revenue $159K
15%
Government reliance
Government grants $0 · Total revenue $159K
0%
Earned-income share
Program service revenue $43K · Total revenue $159K
27%
Investment reliance
Investment income $14 · Total revenue $159K
<0.01%
Program self-sufficiency
Program service revenue $43K · Total expenses $231K
19%
Growth & trend
Revenue growth (YoY)
This year $159K · Prior year $283K
-44%
Net-asset trend (YoY)
End of year $108K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $159K · Expenses $231K
-45%
Liabilities-to-Assets
Total liabilities — · Total assets $108K
Net-asset ratio
Net assets $108K · Total assets $108K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $108K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dawn Gawell · Reported title Board Member · Highest reported compensation $0 · Total expenses $231K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $231K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1.0%
Fundraising cost ratio 0%
Revenue growth -44%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$115

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$225K revenue · ⤓ 990 PDF
FY2023$251K revenue · ⤓ 990 PDF
FY2022$208K revenue · ⤓ 990 PDF
FY2021$159K revenue · viewing · ⤓ 990 PDF
FY2020$283K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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