2025-07-08T08:39:16-05:00 2024-09-30 205925131 TRUSTPOINT LLP 1525 AIRPORT ROAD SUITE 103 AMES IA 50010 990 2023-10-01 421278326 IOWA SPORTS FOUNDATION IOWA 5152923251 1421 S BELL AVE STE 104 AMES IA 50010 NICOLE KENNEDY CHIEF OPERATING OFFICER 5152923251 2025-06-25 1 0 MURRAY A STANLEY CPA P00031028 5152336300 2023 2025-03-06 01:10:19Z NICOLE KENNEDY 1421 S BELL AVE STE 104 AMES IA 50010 1574378 0 X WWW.IOWASPORTSFOUNDATION.ORG X 1986 IA TO PROVIDE SPORTS, RECREATION, HEALTH AND WELLNESS OPPORTUNITIES FOR IOWANS OF ALL ABILITIES 35 35 13 3475 0 0 750388 737790 655301 682257 17492 30471 225437 82726 1648618 1533244 2000 2000 0 0 748420 711509 0 0 47687 881922 918463 1632342 1631972 16276 -98728 1281799 1225669 72540 38550 1209259 1187119 THE IOWA SPORTS FOUNDATION (ISF) MISSION IS TO PROVIDE SPORTS, RECREATION, HEALTH AND WELLNESS OPPORTUNITIES FOR IOWANS OF ALL ABILITIES. 0 0 1311124 2000 762871 THE ISF IS COMPRISED OF THE IOWA GAMES, LIVE HEALTHY IOWA, ADAPTIVE SPORTS IOWA AND THE IOWA SENIOR GAMES. TO PROMOTE AMATEUR SPORTS WITHIN THE STATE OF IOWA; HOST OLYMPIC-STYLE FESTIVALS AND COMPETITIONS; CREATE AWARENESS, EMPHASIZE AND EDUCATE IOWANS CONCERNING THE NUMEROUS BENEFITS OF GOOD HEALTH, PHYSICAL FITNESS, SPORTSMANSHIP AND COMPETITION. 1311124 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IA X NICOLE KENNEDY 5152923251 1421 S BELL AVE STE 104 AMES IA 50010 BLAKE BOLDON DIRECTOR 0.50 X 0 0 0 TOM KEATING DIRECTOR 0.50 X 0 0 0 CHRIS VERLENGIA VICE PRESIDENT 0.50 X 0 0 0 LYNN WALZ TREASURER 0.50 X 0 0 0 JESS VILSACK PAST CHAIR 0.50 X 0 0 0 BARB BAKER DIRECTOR 0.50 X 0 0 0 TAVIAN BANKS DIRECTOR 0.50 X 0 0 0 MAC O'BRIEN SECRETARY 0.50 X 0 0 0 JULIE MIDDLESWART CHAIR 0.50 X 0 0 0 ROB BRADLEY DIRECTOR 0.50 X 0 0 0 MICHAEL BOUSSELOT PRESIDENT 0.50 X 0 0 0 TONY DICKINSON DIRECTOR 0.50 X 0 0 0 PATRICK TOMKA DIRECTOR 0.50 X 0 0 0 TIM GRABINSKI DIRECTOR 0.50 X 0 0 0 ZACH ELSBECKER DIRECTOR 0.50 X 0 0 0 NORMAN GRANGER DIRECTOR 0.50 X 0 0 0 BRIAN HARDIN DIRECTOR 0.50 X 0 0 0 LYDIA ZERBY DIRECTOR 0.50 X 0 0 0 BETH GOETZ DIRECTOR 0.50 X 0 0 0 JAMIE POLLARD DIRECTOR 0.50 X 0 0 0 STEVE PURCELL DIRECTOR 0.50 X 0 0 0 STEVEN JORDISON DIRECTOR 0.50 X 0 0 0 JOHN HARTUNG DIRECTOR 0.50 X 0 0 0 TRAVIS GORSCH DIRECTOR 0.50 X 0 0 0 MEGAN FRANKLIN DIRECTOR 0.50 X 0 0 0 JACKIE KLEPPE DIRECTOR 0.50 X 0 0 0 DAVE LUBBERS DIRECTOR 0.50 X 0 0 0 KEVIN BOURKE DIRECTOR 0.50 X 0 0 0 TAYLOR ANDERSON DIRECTOR 0.50 X 0 0 0 TROY HENRICH DIRECTOR 0.50 X 0 0 0 TODD JACOBUS DIRECTOR 0.50 X 0 0 0 RJ SUMRALL DIRECTOR 0.50 X 0 0 0 LYDIA CARAVEO DIRECTOR 0.50 X 0 0 0 CHARLES LONG CEO/EXECUTIVE DIRECTOR 40.00 X 105959 0 0 NICOLE KENNEDY CHIEF OPERATING OFFICER 40.00 X 82804 0 0 188763 0 0 1 0 0 0 0 86448 651342 737790 ENTRY FEES 711300 682257 682257 682257 20868 20868 2112 2112 13750 36987 0 41134 13750 -4147 9603 9603 80589 0 80589 80589 OTHER INCOME 711300 25 25 25 1533244 762871 0 32583 2000 2000 188763 164224 18876 5663 427647 372053 42765 12829 48642 42319 4864 1459 46457 40417 4646 1394 23714 23714 107236 81540 320 25376 32194 28009 3219 966 69288 64489 4799 15333 15333 35987 22801 13186 OPERATIONS AND COMPETIT 236573 108752 127821 RENTAL 214144 208165 5979 SUPPLIES 100346 100346 DATA PROCESSING 37717 22502 15215 45931 38174 7757 1631972 1311124 273161 47687 236738 59934 285865 289055 11994 46053 7564 8443 334892 274051 81912 60841 299564 319855 358162 441488 1281799 1225669 21540 38550 51000 72540 38550 X 1177643 1152504 31616 34615 1209259 1187119 1281799 1225669 -98728 76588 0 X 0 1 X 0 0 X 580859 920501 791625 750388 737790 3781163 580859 920501 791625 750388 737790 3781163 1003197 2777966 159070 7715 17796 11902 20868 217351 44187 1900 3757 87449 25 137318 4135832 3337419 0.67170 0.64380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87379 20856 108235 79861 7518 87379 101304 -21443 79861 100000 1304 101304 1.00000 0 0 334892 274051 60841 60841 BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION 441488 441488 X 2085064 76588 471085 547673 1537391 -4147 -4147 1533244 2107204 471085 4147 475232 1631972 0 1631972 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT CORPORATION AND EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THEREFORE, NO PROVISIONS FOR TAXES HAS BEEN MADE. THE FOUNDATION HAS NOT BEEN DETERMINED TO BE A PRIVATE FOUNDATION BY THE IRS. THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S.FEDERAL JURISDICTION. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD FOR EVALUATING UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT -4,147. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT 4,147. 80589 0 80589 80589 IA 1 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE EXECUTIVE OFFICERS OF THE CORPORATION THEN IN OFFICE. THE EXECUTIVE OFFICERS ARE THE CHAIRMAN, VICE PRESIDENT, SECRETARY, AND TREASURER. TEH EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE EXECUTIVE COMMITTEE SHALL HAVE HTE AUTHORITY TO: (I) ELECT, REMOVE AND FILL THE VACANCIES OF ALL NON-EXECUTIVE OFFICERS; AND (II) ESTALISH THE COMPENSATION TO BE PAID TO ALL NON-EXECUTIVE OFFICERS AND ALL OTHER EMPLOYEES OF THE CORPORATION. NOTWITHSTANDING THE FOREGOING, THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO: (I) AUTHORIZE DISTRIBUTIONS; (II) APPROVE OR RECOMMEND TO MEMBERS OF THE CORPORATION, IF ANY, THE DISSOLUTION, MERGER OR THE SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; (III) ELECT, APPOINT OR REMOVE DIRECTORS OR FILL VACANCIES ON THE BOARD OF DIRECTORS OR ANY OF ITS COMMITTEES; OR (IV) ADOPT, AMEND OR REPEAL THE CORPORATION'S ARTICLES OF INCORPORATION OR THESE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THEN, A DRAFT IS PROVIDED TO THE BOARD OF DIRECTORS AND MANAGEMENT FOR REVIEW PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME, THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY AND DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.