Civic Intelligence

Mattoon Sports Complex Inc.

EIN 88-3630481 • 501(c)3 • Mattoon, IL

Pub. 78 Eligible990-N Coverage

Profile

To develop, finance and operate an indoor and outdoor sports complex in a blighted area in mattoon, il that will benefit the residents and business communities in illinois.

4216 Dewitt AvenueMattoon, IL 61938

playemeraldacres.com

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.70x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

19.90x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

61st percentile

8.8%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-75%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$36,876,245

Up $2,981,111 (+8.8%) from 2024

Liabilities

Up

$25,931,960

Up $2,615,886 (+11%) from 2024

Net Assets

Up

$10,944,285

Up $365,225 (+3.5%) from 2024

Operations
Liabilities / Revenue98th percentileNet Margin80th percentile

Revenue

Down

$1,303,289

Down $3,875,862 (-75%) from 2024

Expenses

Up

$938,064

Up $598,337 (+176%) from 2024

Net Income

Down

$365,225

Down $4,474,199 (-92%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$40M$30M$20M$10M$0Assets 2023: $24,057,540Liabilities 2023: $18,317,904Net Assets 2023: $5,739,6362023Assets 2024: $33,895,134Liabilities 2024: $23,316,074Net Assets 2024: $10,579,0602024Assets 2025: $36,876,245Liabilities 2025: $25,931,960Net Assets 2025: $10,944,2852025

Highlighted filing

2025

Assets$36,876,245
Liabilities$25,931,960
Net Assets$10,944,285
Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

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

$6.0M$4.0M$2.0M$0Revenue 2023: $5,766,813Expenses 2023: $27,177Net Income 2023: $5,739,6362023Revenue 2024: $5,179,151Expenses 2024: $339,727Net Income 2024: $4,839,4242024Revenue 2025: $1,303,289Expenses 2025: $938,064Net Income 2025: $365,2252025

Highlighted filing

2025

Revenue$1,303,289
Expenses$938,064
Net Income$365,225
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,876,245
Liabilities
$25,931,960
Net assets
$10,944,285
Revenue
$1,303,289
Expenses
$938,064
Net income
$365,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$36.9$25.9$10.9$1.30$0.94$0.37
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.9$23.3$10.6$5.18$0.34$4.84
2023Detailed filing. Detailed filing data is available for this year.$24.1$18.3$5.74$5.77$0.03$5.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Mar 31, 2025
Signed
Feb 16, 2026
Return Version
2025v4.0
Gross Receipts
$1,303,289
Mission and Program Overview

Mission

To develop, finance and operate an indoor and outdoor sports complex in a blighted area in mattoon, il that will benefit the residents and business communities in illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,261,660$32,196,277▲ $1,934,617
Savings and Temporary Cash Investments$3,304,526$4,357,382▲ $1,052,856
Total Assets$33,895,134$36,876,245▲ $2,981,111
Other Assets Total$328,948$322,586▼ $6,362
Liabilities
Tax Exempt Bond Liabilities$18,283,673$18,306,816▲ $23,143
Mortgage Notes Payable Secured by Investment Property$5,032,401$7,625,144▲ $2,592,743
Total Liabilities$23,316,074$25,931,960▲ $2,615,886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,893,210$9,894,069▲ $859
Net Assets With Donor Restrictions$685,850$1,050,216▲ $364,366
Total Net Assets Fund Balance$10,579,060$10,944,285▲ $365,225
Total Liabilities and Net Assets / Fund Balance$33,895,134$36,876,245▲ $2,981,111

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,150,512$336,951$29,487,463
Equipment$2,269,956$77,312$2,347,268
Land$775,809-$775,809
Compensation and Service Providers
Top Officer Pay11th percentile

Board Members and Trustees

NameTitle
Blake PiercePresident
Amber MayBoard Member
Barb LoveBoard Member
Bill JacksonBoard Member
Brock AshleyBoard Member
Raif PerryBoard Member
Matt SmithSecretary
Brittany MurphyTreasurer
Erica StollardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$680,366
Program Service Revenue
$583,482
Investment Income
$39,441
Other Revenue
$0
All Other Contributions
$316,000
Change in Net Assets
$365,225

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,303,289
Total Revenue per Audited Statements
$1,303,289
Total Revenue per Form 990
$1,303,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$938,064
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
Depreciation Depletion$314,273$5,269-$319,542
Fees for Services Management$209,528--$209,528
Interest$140,182--$140,182
Occupancy$94,942$29-$94,971
Fees for Services Legal-$13,139-$13,139
Travel$253$10,545-$10,798
All Other Expenses$5,537$5,155-$10,692
Insurance$6,274$428-$6,702
Fees for Services Accounting-$4,860-$4,860
Advertising$3,074--$3,074
Other Expenses$39,511$601-$601
Information Technology$138$297-$435
Total Functional Expenses$882,805$55,259$0$938,064

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$938,064
Total Expenses per Audited Statements$938,064
Total Expenses per Form 990$938,064
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEastern Il Economic Develop Authori2023-05-01$19,427,513To provide capital financing for mattoon sports complex, inc to construct the sports complex and dev

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,512,556--$388,550

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The sports facilities companies are involved in the design and construction process of the sports complex as well as overseeing the day-to-day operations of the entity.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the executive committee. Form 990 is made available to the board of directors prior to filing for their review and consideration. After the executive committee approves the form 990, management is authorized to file the form 990.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mattoon Sports Complex Inc
EIN
88-3630481
Phone
2172357102
Address
4216 DEWITT AVENUE, MATTOON, IL 61938
Doing Business As
Emerald Acres Sports Connection

Signing Officer

Name
Blake Pierce
Title
President
Phone
2172357102
Signed
2026-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Blake Pierce
Formed
2022
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Doehring Winders & Co Llp
Address
1601 LAFAYETTE AVE, MATTOON, IL 61938-3925
Preparer
Robert E Arnholt CPA
Phone
2172350377
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization accounts for uncertainty in income taxes in accordance with financial accounting standards board accounting standards codification 740-10. Fasb asc 740-10 provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions. The organization files informational returns in the u.s. Federal and the state of illinois jurisdictions. The organization's federal and state informational returns are subject to possible examination. In general, both the federal informational return and state informational return have three year statutes of limitations. The organization is not currently subject to an examination of the organization's informational returns by these tax authorities. As of march 31, 2025, the organization has no unrecognized tax benefits.”

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCHEDULE OF UNUSUAL CONTRIBUTIONS - 2024 AMOUNT OF CONTRIBUTIONS - CASH 1,750,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02560978
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt062385
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0117730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0583482
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IRS990ScheduleD/EquipmentGrp/BookValueAmt02269956
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077312
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IRS990ScheduleD/ExpensesSubtotalAmt0938064
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0775809
IRS990ScheduleD/RevenueSubtotalAmt01303289
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740-10. FASB ASC 740-10 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL AND THE STATE OF ILLINOIS JURISDICTIONS. THE ORGANIZATION'S FEDERAL AND STATE INFORMATIONAL RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION. IN GENERAL, BOTH THE FEDERAL INFORMATIONAL RETURN AND STATE INFORMATIONAL RETURN HAVE THREE YEAR STATUTES OF LIMITATIONS. THE ORGANIZATION IS NOT CURRENTLY SUBJECT TO AN EXAMINATION OF THE ORGANIZATION'S INFORMATIONAL RETURNS BY THESE TAX AUTHORITIES. AS OF MARCH 31, 2025, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt0938064
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IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0EASTERN IL ECONOMIC DEVELOP AUTHORIT TO PROVIDE CAPITAL FINANCING FOR MATTOON SPORTS COMPLEX, INC TO CONSTRUCT THE SPORTS COMPLEX AND DEVELOP THE SURROUNDING AREA.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1EASTERN IL ECONOMIC DEVELOP AUTHORIT ORIGINAL BOND PROCEEDS 19,427,513 A INTEREST INCOME 2023 475,255 A BOND ISSUE COSTS 2023 (388,550) CONSTRUCTIONS COSTS 2023 (1,820,000) ------------- ENDING BALANCE AT 12/31/23 17,694,218 INTEREST INCOME 2024 583,422 A CONSTRUCTION COSTS 2024 (16,332,796) ------------- ENDING BALANCE AT 12/31/24 1,944,844 INTEREST INCOME 2025 26,366 A CONSTRUCTION COSTS 2025 (19,785) ------------- ENDING BALANCE AT 3/31/25 1,951,425 LINE 3 PART II TOTAL PROCEEDS OF ISSUE SUMMATION OF A SUMMATION OF LINES 4 AND 12 ON PART II
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1ADDITIONAL INFORMATION
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EASTERN IL ECONOMIC DEVELOP AUTHORI
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO PROVIDE CAPITAL FINANCING FOR MATTOON SPORTS COMPLEX, INC TO CONSTRUCT THE SPORTS COMPLEX AND DEV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SPORTS FACILITIES COMPANIES ARE INVOLVED IN THE DESIGN AND CONSTRUCTION PROCESS OF THE SPORTS COMPLEX AS WELL AS OVERSEEING THE DAY-TO-DAY OPERATIONS OF THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING FOR THEIR REVIEW AND CONSIDERATION. AFTER THE EXECUTIVE COMMITTEE APPROVES THE FORM 990, MANAGEMENT IS AUTHORIZED TO FILE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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