Civic Intelligence

Reggie Smith Foundation Inc

EIN 82-2972563 • 501(c)3 • Studio City, CA

990-N Coverage

Profile

The foundation's goal is to become a nationally recognized leader in the promotion of youth sports as a vehicle to obtain a quality education. A specific aim is to serve student athletes in underserved areas in order to provide the same or similar opportunities as those student athletes whose families are better able to provide them with the financial support to attend elective and highly selective colleges.

3254 Oakdale RdStudio City, CA 91604

www.thereggiesmithfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$24,730

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$24,730

No earlier filing loaded for comparison.

Revenue

$147,650

No earlier filing loaded for comparison.

Expenses

$122,920

No earlier filing loaded for comparison.

Net Income

$24,730

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2018: $24,730Net Assets 2018: $24,7302018

Highlighted filing

2018

Assets$24,730
Liabilities-
Net Assets$24,730

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2018: $147,650Expenses 2018: $122,920Net Income 2018: $24,7302018

Highlighted filing

2018

Revenue$147,650
Expenses$122,920
Net Income$24,730

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.25$1.48$1.23$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 11, 2019
Return Version
2018v3.1
Gross Receipts
$147,650
Mission and Program Overview

Mission

The foundation's goal is to become a nationally recognized leader in the promotion of youth sports as a vehicle to obtain a quality education. A specific aim is to serve student athletes in underserved areas in order to provide the same or similar opportunities as those student athletes whose families are better able to provide them with the financial support to attend elective and highly selective colleges.

Program Services

DescriptionGrantsExpenses
IN 2018, REGGIE FORMED THE REGGIE SMITH FOUNDATION, A 501 (C) (3) TAX- EXEMPT ORGANIZATION DEDICATED TO YOUTH SPORTS, PRINCIPALLY BASEBALL AND SOFTBALL. THE FOUNDATION IS THE CULMINATION OF DECADES OF REGGIE'S WORK WITH YOUTH BASEBALL AND HIS COMMITMENT TO IMPROVE THE DEVELOPMENT AND CHARACTER OF YOUTH THROUGH POSITIVE PARTICIPATION IN SPORTS. WHILE REGGIE STILL TEACHES HITTING TO COLLEGE AND PROFESSIONAL PLAYERS AND MENTORS YOUNG COACHES (MANY OF WHOM NOW COACH AT THE PROFESSIONAL AND COLLEGIATE LEVELS), HIS FIRST LOVE IS TEACHING THE GAME OF BASEBALL - AND ALL OF ITS LIFE LESSONS - TO TODAY'S YOUTH. THE PROGRAM CURRENTLY PROVIDES SPORTS TRAINING AND PARTICIPATION IN A SAFE, RESPECTFUL ENVIRONMENT TO YOUTHS FROM AGES 8 TO 17, AS WELL AS PROVIDING RESOURCES AND RECRUITING ASSISTANCE TO HIGH SCHOOL AGED STUDENT-ATHLETES INTERESTED IN COMPETING AT THE COLLEGIATE LEVEL. THROUGH THE GENEROUS SUPPORT OF DONORS, THE FOUNDATION HAS PROVIDED FINANCIAL SUPPORT FOR MANY PLAYERS FROM UNDERSERVED AREAS WHO CANNOT AFFORD THE HIGH COST OF PARTICIPATING IN SHOWCASES AND TRAVEL TEAMS.-$57,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES S ROBERTSONChief FinancPT$0--
CARL REGINALD SMITHPresidentPT$0--
LLOYD PANTELLSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Reggie Smith Foundation Inc
EIN
82-2972563
Phone
8182574658
Address
3254 OAKDALE RD, STUDIO CITY, CA 91604

Signing Officer

Name
James S Robertson
Title
Chief Financial Offi
Phone
8182574658
Signed
2019-04-11
Discuss with paid preparer
Yes

Preparer

Firm
Robertson & Associates Cpas
Address
601 N STATE STREET, UKIAH, CA 95482
Preparer
John S Robertson
Phone
7074685711
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 2,380 air travel 251 hotel 2,665 meals 1,325 rental car & taxi 1,044 insurance policy 851 baseball supplies 1,263 baseball tournaments and 22,175 coaching 53,963 directors 8,000 field rental 8,710 restaurants 155 gift 1,000 umpire fees 2,070 uniforms 15,552 website 192 total 121,596

Form 990-ez, Part II, Line 24

Cage & bullpen lights 0 4,400 total 0 4,400

Form 990-ez, Part III

The foundation's goal is to become a nationally recognized leader in the promotion of youth sports as a vehicle to obtain a quality education. A specific aim is to serve student athletes in underserved areas in order to provide the same or similar opportunities as those student athletes whose families are better able to provide them with the financial support to attend elective and highly selective colleges.

Form 990-ez, Part III, Line 28

In 2018, reggie formed the reggie smith foundation, a 501 (c) (3) tax- exempt organization dedicated to youth sports, principally baseball and softball. The foundation is the culmination of decades of reggie's work with youth baseball and his commitment to improve the development and character of youth through positive participation in sports. While reggie still teaches hitting to college and professional players and mentors young coaches (many of whom now coach at the professional and collegiate levels), his first love is teaching the game of baseball - and all of its life lessons - to today's youth. The program currently provides sports training and participation in a safe, respectful environment to youths from ages 8 to 17, as well as providing resources and recruiting assistance to high school aged student-athletes interested in competing at the collegiate level. Through the generous support of donors, the foundation has provided financial support for many players from underserved areas who cannot afford the high cost of participating in showcases and travel teams.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 2,380 AIR TRAVEL 251 HOTEL 2,665 MEALS 1,325 RENTAL CAR & TAXI 1,044 INSURANCE POLICY 851 BASEBALL SUPPLIES 1,263 BASEBALL TOURNAMENTS AND 22,175 COACHING 53,963 DIRECTORS 8,000 FIELD RENTAL 8,710 RESTAURANTS 155 GIFT 1,000 UMPIRE FEES 2,070 UNIFORMS 15,552 WEBSITE 192 TOTAL 121,596
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S GOAL IS TO BECOME A NATIONALLY RECOGNIZED LEADER IN THE PROMOTION OF YOUTH SPORTS AS A VEHICLE TO OBTAIN A QUALITY EDUCATION. A SPECIFIC AIM IS TO SERVE STUDENT ATHLETES IN UNDERSERVED AREAS IN ORDER TO PROVIDE THE SAME OR SIMILAR OPPORTUNITIES AS THOSE STUDENT ATHLETES WHOSE FAMILIES ARE BETTER ABLE TO PROVIDE THEM WITH THE FINANCIAL SUPPORT TO ATTEND ELECTIVE AND HIGHLY SELECTIVE COLLEGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN 2018, REGGIE FORMED THE REGGIE SMITH FOUNDATION, A 501 (C) (3) TAX- EXEMPT ORGANIZATION DEDICATED TO YOUTH SPORTS, PRINCIPALLY BASEBALL AND SOFTBALL. THE FOUNDATION IS THE CULMINATION OF DECADES OF REGGIE'S WORK WITH YOUTH BASEBALL AND HIS COMMITMENT TO IMPROVE THE DEVELOPMENT AND CHARACTER OF YOUTH THROUGH POSITIVE PARTICIPATION IN SPORTS. WHILE REGGIE STILL TEACHES HITTING TO COLLEGE AND PROFESSIONAL PLAYERS AND MENTORS YOUNG COACHES (MANY OF WHOM NOW COACH AT THE PROFESSIONAL AND COLLEGIATE LEVELS), HIS FIRST LOVE IS TEACHING THE GAME OF BASEBALL - AND ALL OF ITS LIFE LESSONS - TO TODAY'S YOUTH. THE PROGRAM CURRENTLY PROVIDES SPORTS TRAINING AND PARTICIPATION IN A SAFE, RESPECTFUL ENVIRONMENT TO YOUTHS FROM AGES 8 TO 17, AS WELL AS PROVIDING RESOURCES AND RECRUITING ASSISTANCE TO HIGH SCHOOL AGED STUDENT-ATHLETES INTERESTED IN COMPETING AT THE COLLEGIATE LEVEL. THROUGH THE GENEROUS SUPPORT OF DONORS, THE FOUNDATION HAS PROVIDED FINANCIAL SUPPORT FOR MANY PLAYERS FROM UNDERSERVED AREAS WHO CANNOT AFFORD THE HIGH COST OF PARTICIPATING IN SHOWCASES AND TRAVEL TEAMS.
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