Civic Intelligence

Stadium Managers Scholarship Foundation

990EZ • Fiscal year 2019 • EIN 20-3687505

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 06, 2019

6919 Vista DriveWest Des Moines, IA 50266

(515) 282-8192

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.21x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-74%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$155,650

Up $16,034 (+11%) from 2018

Net Assets

Up

$149,149

Up $9,533 (+6.8%) from 2018

Liabilities

$6,501

No earlier filing loaded for comparison.

Revenue

Down

$31,316

Down $89,094 (-74%) from 2018

Expenses

Up

$20,848

Up $2,391 (+13%) from 2018

Net Income

Down

$10,468

Down $91,485 (-90%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2018: $139,616Net Assets 2018: $139,6162018Assets 2019: $155,650Liabilities 2019: $6,501Net Assets 2019: $149,1492019Assets 2020: $156,698Net Assets 2020: $156,6982020Assets 2021: $170,706Net Assets 2021: $170,7062021Assets 2022: $178,488Liabilities 2022: $1,294Net Assets 2022: $177,1942022Assets 2023: $293,638Liabilities 2023: $1,265Net Assets 2023: $292,3732023Assets 2024: $319,894Liabilities 2024: $2,645Net Assets 2024: $317,2492024

Highlighted filing

2019

Assets$155,650
Liabilities$6,501
Net Assets$149,149

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2018: $120,410Expenses 2018: $18,457Net Income 2018: $101,9532018Revenue 2019: $31,316Expenses 2019: $20,848Net Income 2019: $10,4682019Revenue 2020: $33,769Expenses 2020: $18,110Net Income 2020: $15,6592020Revenue 2021: $15,563Expenses 2021: $17,030Net Income 2021: -$1,4672021Revenue 2022: $37,831Expenses 2022: $19,943Net Income 2022: $17,8882022Revenue 2023: $136,052Expenses 2023: $26,221Net Income 2023: $109,8312023Revenue 2024: $67,448Expenses 2024: $48,189Net Income 2024: $19,2592024

Highlighted filing

2019

Revenue$31,316
Expenses$20,848
Net Income$10,468
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 6, 2019
Return Version
2018v3.1
Gross Receipts
$53,350
Mission and Program Overview

Mission

Provide financial assistance (scholarship grants) to persons pursuing undergraduate and graduate studies at an accredited college or university that will prepare them for a career in the stadium management industry or related fields. The scholarship foundation will provide this assistance to individuals who demonstrate academic ability, industry experience, community service participation, and financial need.

Program Services

DescriptionGrantsExpenses
THE SMA FOUNDATION SCHOLARSHIP PROGRAM STRIVES TO PROVIDE AN OPPORTUNITY FOR OUTSTANDING STUDENTS ENROLLED IN SPORTS ADMINISTRATION PROGRAMS, WITH AN EMPHASIS ON FACILITY AND/OR EVENT MANAGEMENT TO LEARN MORE ABOUT THE PROFESSION THROUGH NETWORKING WITH LEADERS IN THE FIELD IN AN EDUCATIONAL, AND INFORMAL SETTING. THERE ARE A TOTAL OF THREE SCHOLARSHIPS AWARDED EACH YEAR.$12,000$13,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUSTY LENNERSPresident-$0--
ROB VANDERHEIVice Preside-$0--
BRIAN CROWTreasurer/Se-$0--
DAVID YOUNGDirector-$0--
CARL ADKINSDirector-$0--
CHRIS LAMBERTHDirector-$0--
LOGAN GERKENDirector-$0--
ROLAND HAYDENDirector-$0--
COKE IRWINDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$24,030$9,538$10,727$-1,189
Super Bowl Sale$14,800$7,245$7,245$0
Total Events$45,091$19,945$22,034$-2,089
Filing and Contact Details

Filer

Filer Name
Stadium Managers Scholarship
EIN
20-3687505
Phone
5152828192
Address
6919 VISTA DRIVE, WEST DES MOINES, IA 50266

Signing Officer

Name
Brian Crow
Title
Treasurer/secretary
Phone
5152828192
Signed
2019-12-06
Discuss with paid preparer
Yes

Preparer

Firm
Mcgowen Hurst Clark & Smith Pc
Address
1601 W LAKES PKWY STE 300, WEST DES MOINES, IA 50266
Preparer
Kathleen S New CPA
Phone
5152883279
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Class of activity: scholarships awarded cash contribution: 12,000

Form 990-ez, Part I, Line 16

Expenses office supplies 12 student intern expenses 1,544 cc merchant charges 18 miscellaneous expense 30 total 1,604

Form 990-ez, Part I, Line 20

Unrealized gain & losses -935

Form 990-ez, Part II, Line 24

Accounts receivable 57,635 0 total 57,635 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 6,501

Form 990-ez, Part III

Provide financial assistance (scholarship grants) to persons pursuing undergraduate and graduate studies at an accredited college or university that will prepare them for a career in the stadium management industry or related fields. The scholarship foundation will provide this assistance to individuals who demonstrate academic ability, industry experience, community service participation, and financial need.

Form 990-ez, Part III, Line 28

The sma foundation scholarship program strives to provide an opportunity for outstanding students enrolled in sports administration programs, with an emphasis on facility and/or event management to learn more about the profession through networking with leaders in the field in an educational, and informal setting. There are a total of three scholarships awarded each year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: SCHOLARSHIPS AWARDED CASH CONTRIBUTION: 12,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 12 STUDENT INTERN EXPENSES 1,544 CC MERCHANT CHARGES 18 MISCELLANEOUS EXPENSE 30 TOTAL 1,604
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 6,501
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE FINANCIAL ASSISTANCE (SCHOLARSHIP GRANTS) TO PERSONS PURSUING UNDERGRADUATE AND GRADUATE STUDIES AT AN ACCREDITED COLLEGE OR UNIVERSITY THAT WILL PREPARE THEM FOR A CAREER IN THE STADIUM MANAGEMENT INDUSTRY OR RELATED FIELDS. THE SCHOLARSHIP FOUNDATION WILL PROVIDE THIS ASSISTANCE TO INDIVIDUALS WHO DEMONSTRATE ACADEMIC ABILITY, INDUSTRY EXPERIENCE, COMMUNITY SERVICE PARTICIPATION, AND FINANCIAL NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SMA FOUNDATION SCHOLARSHIP PROGRAM STRIVES TO PROVIDE AN OPPORTUNITY FOR OUTSTANDING STUDENTS ENROLLED IN SPORTS ADMINISTRATION PROGRAMS, WITH AN EMPHASIS ON FACILITY AND/OR EVENT MANAGEMENT TO LEARN MORE ABOUT THE PROFESSION THROUGH NETWORKING WITH LEADERS IN THE FIELD IN AN EDUCATIONAL, AND INFORMAL SETTING. THERE ARE A TOTAL OF THREE SCHOLARSHIPS AWARDED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02020-02-19T14:18:23-06:00
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ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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