Nirsa Foundation EIN 93-1090612

Nirsa Foundation FY2020 filing

EIN  93-1090612 Public charity (501(c)(3)) Corvallis, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports college sports with scholarships, research, and development.
Leadership
Janice Demonsi · President & Director (part-Year)
Money in and out
$193K revenue, $206K expenses
Bottom line
70% program efficiency

Supports college sports with scholarships, research, and development. For fiscal year 2020 it reported $193K in revenue, $206K in expenses, and $2.0M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$193K
Pt VIII · Ln 12
Total expenses
$206K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30 Fundraising $0.00
Program efficiency
70%
of spending reaches programs
Operating runway
114.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$193K
FY2020
Expenses
$206K
FY2020
Total assets
$2.0M
FY2020
Total liabilities
$14K
FY2020
Total revenue
$193K
Pt VIII · Ln 12
Total expenses
$206K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $144K of program spending, described in the organization's own filed words · FY2020.
01

During 2020, the nirsa foundation provided grants for students and professionals to attend nirsa educational events (annual conference or institutes) and grants to nirsa to fund research that advances the profession of collegiate recreation.

$126Kprogram expense
02

During 2020, the nirsa foundation provided grants for professionals to cover their annual membership dues.

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNirsa Foundation
EINHdr · item D93-1090612
Principal addressHdr · item CCorvallis, OR
WebsiteHdr · item Jwww.nirsa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N40Z)
Ruling yearIRS BMFJul 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & Director (part-Year)
$0Pt VII · Sec A
Pres.-Elect, Pres. (part-Yr) & Dir.
$0Pt VII · Sec A
President-Elect (part-Yr) & Director
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
Director (part-Year)
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$110K · 57%
Investment income$83K · 43%
Contributions & grants57%$110K
Investment income43%$83K
Total revenueLn 12$193K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30 Fundraising $0.00
Program services70%$144K
Management & general30%$61K
Fundraising$838
Total functional expensesLn 25$206K

Balance Sheet

Part X · end of year
CashLn 1$196K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$14K
Total net assetsLn 32$2.0M
Months of cash on handcomputed11.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $206K
114.2 months
Where the money goes
Program services
Program services $144K · Total expenses $206K
70%
Management & General
Management & general $61K · Total expenses $206K
30%
Fundraising
Fundraising $838 · Total expenses $206K
0%
Cost to raise $1
Fundraising expense $838 · Solicited contributions $110K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $110K · Total revenue $193K
57%
Government reliance
Government grants — · Total revenue $193K
Earned-income share
Program service revenue $0 · Total revenue $193K
0%
Investment reliance
Investment income $83K · Total revenue $193K
+43%
Program self-sufficiency
Program service revenue $0 · Total expenses $206K
0%
Growth & trend
Revenue growth (YoY)
This year $193K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $193K · Expenses $206K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
90%
People & payroll
Highest Reported Total Compensation
Individual Janice Demonsi · Reported title PRESIDENT & DIRECTOR (PART-YEAR) · Highest reported compensation $0 · Total expenses $206K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $206K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Fundraising cost ratio 1%
Investment management fee ratio 1%
Legal fee ratio 0%
Accounting fee ratio 3%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$250
Grants paid · 16 grants · $673K · 2020–2024
Unitemized GrantFY2024$51,801
Unitemized GrantFY2024$1,680
Unitemized GrantFY2024$500
Unitemized GrantFY2023$57,530
Unitemized GrantFY2023$1,304
Unitemized GrantFY2022$30,109
Unitemized GrantFY2022$512
Unitemized GrantFY2021$22,597
Unitemized GrantFY2021$10,998
Unitemized GrantFY2020$32,954
Unitemized GrantFY2020$18,105

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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 (Latest)$156K revenue · ⤓ 990 PDF
FY2023$-665 revenue · ⤓ 990 PDF
FY2022$179K revenue · ⤓ 990 PDF
FY2021$522K revenue · ⤓ 990 PDF
FY2020$193K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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