Nonprofit · EIN 31-1066452
I A C SPORTS FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46290
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $85,382 | $60,972 | $24,410 | $140,354 | $2,878 | $137,476 |
| December 31, 2024 | 990-EZ | $71,478 | $62,569 | $8,909 | $111,779 | $680 | $111,099 |
| December 31, 2023 | 990-EZ | $35,388 | $56,008 | -$20,620 | $102,181 | $0 | $102,181 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $129,418
- Investment income
- $2,195
- Net income from fundraising events
- -$46,231
Expenses
- Grants and similar amounts paid
- $44,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,300
- Printing, publications and postage
- $466
- Other expenses
- $14,206
- Program services (functional)
- $44,000
Balance sheet and other
- Total assets, start of year
- $111,779
- Total assets, end of year
- $140,354
- Total liabilities, end of year
- $2,878
- Net assets, end of year
- $137,476
- Cash, savings and investments
- $137,079
- Gross receipts
- $196,225
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT V WELCH JR | PRESIDENT | 2 | $0 |
| MIKE KENNEDY | VICE PRESIDENT | 1 | $0 |
| MIKE FARRELL | TREASURER | 1 | $0 |
| MATT ROBINSON | SECRETARY | 1 | $0 |
| MARY CLAIRE TUOHY | BOARD MEMBER | 0.5 | $0 |
| JACK MORIARTY | BOARD MEMBER | 0.5 | $0 |
| KEVIN HIPSKIND | BOARD MEMBER | 0.5 | $0 |
| MIKE O'CONNOR | BOARD MEMBER | 0.5 | $0 |
| BAILEY PRIEST | BOARD MEMBER | 0.5 | $0 |
| DANIEL THOMPSON | BOARD MEMBER | 0.5 | $0 |
| CAMERON O'CONNOR | BOARD MEMBER | 0.5 | $0 |
| CARL DANIELS | BOARD MEMBER | 0.5 | $0 |
990-EZ for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT V WELCH JR | PRESIDENT | 2 | $0 |
| MIKE KENNEDY | VICE PRESIDENT | 1 | $0 |
| MATT ROBINSON | SECRETARY | 1 | $0 |
| MIKE FARRELL | TREASURER | 1 | $0 |
| JOE CRIPE | BOARD MEMBER | 1 | $0 |
| CARL DANIELS | BOARD MEMBER | 0.5 | $0 |
| KEVIN FLYNN | BOARD MEMBER | 0.5 | $0 |
| PETE FORSEE | BOARD MEMBER | 0.5 | $0 |
| MARK KLEIN | BOARD MEMBER | 0.5 | $0 |
| BARRY MCGINLEY | BOARD MEMBER | 0.5 | $0 |
| CAMERON O'CONNOR | BOARD MEMBER | 0.5 | $0 |
| CHRIS THOMAS | BOARD MEMBER | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT V WELCH JR | PRESIDENT | 2 | $0 |
| MATT ROBINSON | SECRETARY | 1 | $0 |
| PETER FORSEE | TREASURER | 1 | $0 |
| JOE CRIPE | BOARD MEMBER | 1 | $0 |
| CARL DANIELS | BOARD MEMBER | 0.5 | $0 |
| KEVIN FLYNN | BOARD MEMBER | 0.5 | $0 |
| MIKE KENNEDY | BOARD MEMBER | 0.5 | $0 |
| MARK KLEIN | BOARD MEMBER | 0.5 | $0 |
| BARRY MCGINLEY | BOARD MEMBER | 0.5 | $0 |
| CAMERON O'CONNOR | BOARD MEMBER | 0.5 | $0 |
| CHRIS THOMAS | BOARD MEMBER | 0.5 | $0 |
| DANIEL THOMPSON | BOARD MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 90013, INDIANAPOLIS, IN 46290-0013
- In care of
- % PETER FORSEE
- Signed the 990-EZ
- MIKE FARRELL, TREASURER
- Phone
- (317) 850-0420
- Website
- HTTPS://WWW.INDYSTPATS.COM/
- Return prepared by
- BLUE & CO LLC
Mission
TO RAISE MONEY AND SUPPORT AMATEUR SPORTS COMPETITION IN THE GREATER INDIANAPOLIS AREA.
Program accomplishments
- TO RAISE MONEY AND SUPPORT AMATEUR SPORTS COMPETITION.Expenses $44,000 · grants $44,000
- PLANNING, PROMOTING,AND COORDINATING RUN/WALK EVENTS WITH THE GOAL OF USING EVENT PROCEEDS TO SUPPORT AMATEUR SPORTS IN THE GREATER INDIANAPOLIS AREA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1066452
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $140,354
- Income (IRS master file)
- $196,225
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $85,382 | $60,972 | $140,354 | XML |
| 990-EZ | December 2024 | $71,478 | $62,569 | $111,779 | IRS |
| 990-EZ | December 2023 | $35,388 | $56,008 | $102,181 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1066452).
Questions about I A C SPORTS FOUNDATION INC
- What is the EIN of I A C SPORTS FOUNDATION INC?
- The employer identification number (EIN) of I A C SPORTS FOUNDATION INC is 31-1066452.
- Is I A C SPORTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to I A C SPORTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I A C SPORTS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of I A C SPORTS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did I A C SPORTS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of I A C SPORTS FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does I A C SPORTS FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $85,382, expenses of $60,972 and total assets of $140,354 at year end.
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