Civic Intelligence

The Athlete Assistance Fund Inc

990 • Fiscal year 2019 • EIN 83-2436844

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

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

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-47%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,250,724

Down $149,116 (-11%) from 2018

Net Assets

Down

$1,250,474

Down $149,366 (-11%) from 2018

Liabilities

Up

$250

Up $250 from 2018

Revenue

Down

$315,497

Down $1,084,503 (-77%) from 2018

Expenses

Up

$464,863

Up $464,703 (+290439%) from 2018

Net Income

Down

-$149,366

Down $1,549,206 (-111%) from 2018

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

2019

Assets$1,250,724
Liabilities$250
Net Assets$1,250,474

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

2019

Revenue$315,497
Expenses$464,863
Net Income-$149,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$315,497
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$1,250,724▼ $149,116
Total Assets$1,399,840$1,250,724▼ $149,116
Liabilities
Accounts Payable and Accrued Expenses-$250-
Total Liabilities$0$250▲ $250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,399,840$1,250,474▼ $149,366
Total Net Assets Fund Balance$1,399,840$1,250,474▼ $149,366
Total Liabilities and Net Assets / Fund Balance$1,399,840$1,250,724▼ $149,116
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$311,785
Program Service Revenue
$0
Investment Income
$3,712
Other Revenue
$0
All Other Contributions
$311,785
Change in Net Assets
$-149,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$424,863
Grants and Similar Amounts Paid$40,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$242,483$50,000-$292,483
Fees for Services Legal-$66,090-$66,090
Conferences and Meetings$13,627$37,546-$51,173
Grants to Domestic Orgs$40,000--$40,000
Information Technology-$7,000-$7,000
Insurance-$5,449-$5,449
Fees for Services Accounting-$2,225-$2,225
Office Expenses-$443-$443
Total Functional Expenses$296,110$168,753$0$464,863
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Positive Coaching AllianceMountain View, CA501(c)(3)Provide Positive Coaching Seminars to Gymnastics Coaches and Gymnasts.$40,000
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 35% controlled entity
No
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
2020-07-14
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
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Education and curriculum services: program service expenses 225,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 225,000. Third party administrator: program service expenses 17,483. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,483. Public relations: program service expenses 0. Management and general expenses 50,000. Fundraising expenses 0. Total expenses 50,000.

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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE POSITIVE COACHING SEMINARS TO GYMNASTICS COACHES AND GYMNASTS.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ATHLETE ASSISTANCE FUND REQUIRES A REPORT AT THE END OF THE GRANT PERIOD.
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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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDUCATION AND CURRICULUM SERVICES: PROGRAM SERVICE EXPENSES 225,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,000. THIRD PARTY ADMINISTRATOR: PROGRAM SERVICE EXPENSES 17,483. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,483. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 50,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01399840
IRS990/TotalAssetsEOYAmt01250724
IRS990/TotalAssetsGrp/BOYAmt01399840
IRS990/TotalAssetsGrp/EOYAmt01250724
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0311785
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168753
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0296110
IRS990/TotalFunctionalExpensesGrp/TotalAmt0464863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0250
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0250
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01399840
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01250474
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0296110
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03712
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0315497
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01399840
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01250724
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt044 WORTH STREET
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010013
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTPS://ATHLETEASSISTANCEFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TINA FERRIOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum02123343628
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ATHLETE ASSISTANCE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ATHL
ReturnHeader/Filer/EIN0832436844
ReturnHeader/Filer/PhoneNum02123343628
ReturnHeader/Filer/USAddress/AddressLine1Txt044 WORTH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010013
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId060F093428D1565FDF0DDE9F6E2A721BD817F3C41
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.222.35.158
ReturnHeader/FilingSecurityInformation/IPDt02020-07-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm012:38:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351489521
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREENWALT CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05342 W VERMONT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046224
ReturnHeader/PreparerPersonGrp/PhoneNum03172412999
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA MEKO CPA
ReturnHeader/ReturnTs02020-07-14T12:38:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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