TUSCALOOSA SPORTS AND TOURISM FOUNDATION INC

EIN: 204440080 501(c)(3) Recreation & Sports

TUSCALOOSA, AL

Total Revenue
$27,000
Total Expenses
$218,470
Total Assets
$4,825
Net Assets
$4,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AL
Principal Officer
KELSEY RUSH
Phone
2053919200
Tax Period
2022-01-01 to 2022-12-31

TUSCALOOSA SPORTS AND TOURISM FOUNDATION INC, founded in 2014, is a micro nonprofit in the Recreation & Sports sector that reported $27K in total revenue in fiscal year 2022. Revenue surged 466% from the prior year, signaling strong growth momentum. Expenses of $218K exceeded revenue, resulting in a 709% operating deficit.

Mission

TO ENHANCE VISITATION AND TOURISM TO THE CITY OF TUSCALOOSA AND THE WEST ALABAMA AREA THROUGH SPORTING AND OTHER EVENTS.

Program Service Accomplishments

Program 1
Expenses: $190,000

THE TUSCALOOSA TOURISM AND SPORTS FOUNDATION CONTRIBUTED 190,000 TO THE CITY OF TUSCALOOSA EDUCATION FOUNDATION FOR THE CITY OF TUSCALOOSA'S READING INITIATIVE FOUNDATION FOR 3RD GRADE STUDENTS...

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THE TUSCALOOSA TOURISM AND SPORTS FOUNDATION CONTRIBUTED 190,000 TO THE CITY OF TUSCALOOSA EDUCATION FOUNDATION FOR THE CITY OF TUSCALOOSA'S READING INITIATIVE FOUNDATION FOR 3RD GRADE STUDENTS. THESE FUNDS WERE REMAINING FUNDS FROM THE CITY OF TUSCALOOSA'S BICENTENNIAL IN 2019 AND WERE PROMISED TO BE RETURNED TO THE CITY OF TUSCALOOSA IF NOT USED WHICH THEY WERE NOT.

Program 2
Expenses: $4,500

THE ORGANIZATION SUPPORTED THE DRUID CITY ARTS FESTIVAL (DCAF) IN 2022. THE DRUID CITY ARTS FESTIVAL WAS HELD IN GOVERNMENT PLAZA IN DOWNTOWN TUSCALOOSA. LOCAL PAINTERS AND OTHER CREATIVE ARTISTS...

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THE ORGANIZATION SUPPORTED THE DRUID CITY ARTS FESTIVAL (DCAF) IN 2022. THE DRUID CITY ARTS FESTIVAL WAS HELD IN GOVERNMENT PLAZA IN DOWNTOWN TUSCALOOSA. LOCAL PAINTERS AND OTHER CREATIVE ARTISTS WERE ABLE TO SHOWCASE THEIR WORK AND SELL THEIR MERCHANDISE TO THE PUBLIC.

Program 3
Expenses: $12,500

THE MAYOR'S CUP 2022 IS AN EVENT HOSTED BY THE CITY OF TUSCALOOSA. THIS EVENT IS A 5K RUN IN DOWNTOWN TUSCALOOSA. THE PROCEEDS FROM THIS RUN BENEFITS PRE-K YOUTH IN THE CITY OF TUSCALOOSA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $27,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $27,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $217,000
Other Expenses $218,470
TOTAL EXPENSES $218,470

Year-over-Year Comparison

2022 2021 Change
Revenue $27,000 $4,774 +4.7%
Expenses $218,470 $6,119 +34.7%
Net Income $-191,470 $-1,345 +141.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS CONNER BOARD MEMBER 1.00
Director
$0 $0 $0
AMY ECHOLS BOARD SECRET 1.00
Officer Director
$0 $0 $0
RILEY EDWARDS MEMBER 1.00
Director
$0 $0 $0
DR LAJUAN HUTCHINSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MAXWELL KARRH JR BOARD VICE-P 1.00
Officer Director
$0 $0 $0
SARAH PATTERSON BOARD MEMBER 1.00
Director
$0 $0 $0
KELSEY RUSH PRESIDENT AN 1.00
Officer Director
$0 $0 $0
SAMYRA SNODDY BOARD PRESID 1.00
Officer Director
$0 $0 $0
JIMMY WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
TOBY WILSON BOARD TREASU 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $27,000 $218,470 $4,825 $-191,470
2021 $4,774 $6,119 $196,295 $-1,345
2020 $20,000 $20,500 $43,439 $-500
2018 $753,433 $127,119 $677,783 $626,314
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