Civic Intelligence

Stadium Managers Scholarship Foundation

990EZ • Fiscal year 2020 • EIN 20-3687505

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 27, 2021

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

45th percentile

0.7%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

7.8%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$156,698

Up $1,048 (+0.7%) from 2019

Net Assets

Up

$156,698

Up $7,549 (+5.1%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$33,769

Up $2,453 (+7.8%) from 2019

Expenses

Down

$18,110

Down $2,738 (-13%) from 2019

Net Income

Up

$15,659

Up $5,191 (+50%) from 2019

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

2020

Assets$156,698
Liabilities-
Net Assets$156,698

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

2020

Revenue$33,769
Expenses$18,110
Net Income$15,659
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 27, 2021
Return Version
2019v5.0
Gross Receipts
$77,205
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$13,453
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS LAMBERTHDirector-$0--
DAVID YOUNGDirector-$0--
CARL ADKINSDirector-$0--
ROLAND HAYDENDirector-$0--
COKE IRWINDirector-$0--
COURTNEY ALEXANDER-SMITHDirector-$0--
KEN CURRYDirector-$0--
ROB VANDERHEIPresident-$0--
RUSTY LENNERSPast Preside-$0--
BRIAN CROWVice Preside-$0--
LOGAN GERKENTreasurer/Se-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$23,810$9,900$10,977$-1,077
Super Bowl Sale$20,400$8,793$8,793$0
Total Events$52,942$23,201$24,978$-1,777
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
Logan Gerken
Title
Treasurer/secretary
Phone
5152828192
Signed
2021-04-27
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 student intern expenses 1,453 cc merchant charges 49 total 1,502

Form 990-ez, Part I, Line 20

Unrealized gain & losses -8,110

Form 990-ez, Part II, Line 24

Accounts receivable 0 133 total 0 133

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,501 0

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: SCHOLARSHIPS AWARDED CASH CONTRIBUTION: 12,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES STUDENT INTERN EXPENSES 1,453 CC MERCHANT CHARGES 49 TOTAL 1,502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN & LOSSES -8,110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 0 133 TOTAL 0 133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,501 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
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
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152883279
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN S NEW CPA
ReturnHeader/ReturnTs02021-05-04T08:25:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits