Civic Intelligence

The Athlete Assistance Fund Inc

990 • Fiscal year 2018 • EIN 83-2436844

Oct 18, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

44 Worth StreetNew York, NY 10013

(212) 334-3628

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M 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

$1,399,840

No earlier filing loaded for comparison.

Net Assets

$1,399,840

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$1,400,000

No earlier filing loaded for comparison.

Expenses

$160

No earlier filing loaded for comparison.

Net Income

$1,399,840

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $1,399,840Liabilities 2018: $0Net Assets 2018: $1,399,8402018Assets 2019: $1,250,724Liabilities 2019: $250Net Assets 2019: $1,250,4742019Assets 2020: $756,152Liabilities 2020: $344Net Assets 2020: $755,8082020Assets 2021: $484,708Liabilities 2021: $250Net Assets 2021: $484,4582021Assets 2022: $430,766Liabilities 2022: $250Net Assets 2022: $430,5162022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$1,399,840
Liabilities$0
Net Assets$1,399,840

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $1,400,000Expenses 2018: $160Net Income 2018: $1,399,8402018Revenue 2019: $315,497Expenses 2019: $464,863Net Income 2019: -$149,3662019Revenue 2020: $2,796Expenses 2020: $497,462Net Income 2020: -$494,6662020Revenue 2021: $2,596Expenses 2021: $273,946Net Income 2021: -$271,3502021Revenue 2022: $2,989Expenses 2022: $56,931Net Income 2022: -$53,9422022Revenue 2023: $7,724Expenses 2023: $438,240Net Income 2023: -$430,5162023

Highlighted filing

2018

Revenue$1,400,000
Expenses$160
Net Income$1,399,840
Jump To
Filing Snapshot
Filing Period
Oct 18, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$1,400,000
Mission and Program Overview

Mission

The mission of the athlete assistance fund is to make counseling services available to any current or former usa gymnastics member gymnast who suffered sexual abuse within the sport of gymnastics by confidentially connecting athletes to skilled healthcare providers for appropriate treatment through an independent third-party organization. The athlete assistance fund also conducts educational workshops and deploys curriculum and training to empower athletes, parents, coaches and gym owners regarding strategies to decrease the risk or threat of sexual abuse and to prevent abuse and increase the safety of all gymnasts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,399,840-
Total Assets$0$1,399,840▲ $1,399,840
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$1,399,840-
Total Net Assets Fund Balance$0$1,399,840▲ $1,399,840
Total Liabilities and Net Assets / Fund Balance$0$1,399,840▲ $1,399,840
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,400,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,400,000
Change in Net Assets
$1,399,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$160-$160
Total Functional Expenses$0$160$0$160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Pursuant to article i, section 1.2(a) of the athlete assistance fund's bylaws, there shall be one appointed director on the athlete assistance fund's board of directors, who shall be appointed by the national gymnastics foundation, inc. The appointed director serves at the pleasure of the national gymnastics foundation and may be removed by the national gymnastics foundation with or without cause. Any vacancy among the appointed director caused by death, resignation, removal or otherwise may be filled by the national gymnastics foundation.

Form 990, Part VI, Section B, Line 11B

The board chair reviews the form 990 and the 990 is distributed to the board of directors via email prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with board-delegated powers shall annually sign a statement which affirms that such person: has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Furthermore, the policy requires that such person disclose the existence and nature of any actual or possible conflict of interest to the directors and members of committees with board-delegated powers considering the proposed transaction, recuse him or herself from the board or committee meeting while the conflict is discussed and voted upon.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Athlete Assistance Fund Inc
EIN
83-2436844
Phone
2123343628
Address
44 WORTH STREET, NEW YORK, NY 10013

Signing Officer

Name
Tina Ferriola
Title
Chairperson
Phone
2123343628
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Ferriola
Formed
2018
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Greenwalt Cpas Inc
Address
5342 W VERMONT STREET, INDIANAPOLIS, IN 46224
Preparer
Amanda Meko CPA
Phone
3172412999
Raw XML Appendix278 raw XML fields

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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IRS990/MissionDesc0THE MISSION OF THE ATHLETE ASSISTANCE FUND IS TO MAKE COUNSELING SERVICES AVAILABLE TO ANY CURRENT OR FORMER USA GYMNASTICS MEMBER GYMNAST WHO SUFFERED SEXUAL ABUSE WITHIN THE SPORT OF GYMNASTICS BY CONFIDENTIALLY CONNECTING ATHLETES TO SKILLED HEALTHCARE PROVIDERS FOR APPROPRIATE TREATMENT THROUGH AN INDEPENDENT THIRD-PARTY ORGANIZATION. THE ATHLETE ASSISTANCE FUND ALSO CONDUCTS EDUCATIONAL WORKSHOPS AND DEPLOYS CURRICULUM AND TRAINING TO EMPOWER ATHLETES, PARENTS, COACHES AND GYM OWNERS REGARDING STRATEGIES TO DECREASE THE RISK OR THREAT OF SEXUAL ABUSE AND TO PREVENT ABUSE AND INCREASE THE SAFETY OF ALL GYMNASTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PURSUANT TO ARTICLE I, SECTION 1.2(A) OF THE ATHLETE ASSISTANCE FUND'S BYLAWS, THERE SHALL BE ONE APPOINTED DIRECTOR ON THE ATHLETE ASSISTANCE FUND'S BOARD OF DIRECTORS, WHO SHALL BE APPOINTED BY THE NATIONAL GYMNASTICS FOUNDATION, INC. THE APPOINTED DIRECTOR SERVES AT THE PLEASURE OF THE NATIONAL GYMNASTICS FOUNDATION AND MAY BE REMOVED BY THE NATIONAL GYMNASTICS FOUNDATION WITH OR WITHOUT CAUSE. ANY VACANCY AMONG THE APPOINTED DIRECTOR CAUSED BY DEATH, RESIGNATION, REMOVAL OR OTHERWISE MAY BE FILLED BY THE NATIONAL GYMNASTICS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD CHAIR REVIEWS THE FORM 990 AND THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS VIA EMAIL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FURTHERMORE, THE POLICY REQUIRES THAT SUCH PERSON DISCLOSE THE EXISTENCE AND NATURE OF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION, RECUSE HIM OR HERSELF FROM THE BOARD OR COMMITTEE MEETING WHILE THE CONFLICT IS DISCUSSED AND VOTED UPON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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