EVANSVILLE SPORTS CORPORATION

EIN: 273107601 501(c)(3) Community Improvement

EVANSVILLE, IN

Total Revenue
$28,829
Total Expenses
$165,649
Total Assets
$59,340
Net Assets
$-160,499
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IN
Principal Officer
PETE PARADOSSI
Phone
8124212059
Tax Period
2023-10-01 to 2024-09-30

EVANSVILLE SPORTS CORPORATION, founded in 2010, is a micro nonprofit in the Community Improvement sector that reported $29K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $166K exceeded revenue, resulting in a 475% operating deficit.

Mission

TO HELP ENHANCE SOUTHWESTERN INDIANA'S CULTURE, IMAGE, ECONOMY AND QUALITY OF LIFE THROUGH THE ATTRACTION, PROMOTION, AND DEVELOPMENT OF FAMILY ORIENTED AND NATIONAL SPORTING EVENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $166,445
Program Service Revenue $0
Investment Income $0
Other Revenue $-137,616
TOTAL REVENUE $28,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,994
Other Expenses $165,649
TOTAL EXPENSES $165,649

Year-over-Year Comparison

2023 2022 Change
Revenue $28,829 $123,296 -0.8%
Expenses $165,649 $132,901 +0.2%
Net Income $-136,820 $-9,605 +13.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
50

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
4
$96,696
Total Directors
9
$415,617
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LLOYD WINNECKE MEMBER-AT-LARGE 5.00
Director
$0 $0 $0
TIM MCGUIRE TREASURER 5.00
Officer Director
$0 $15,617 $96,696
CURT BEGLE MEMBER-AT-LARGE 5.00
Director
$0 $0 $0
NATALIE HEDDE MEMBER-AT-LARGE 5.00
Director
$0 $0 $0
JOSH CLAYBOURN SECRETARY 5.00
Officer Director
$0 $0 $0
STEVE SCHAEFER VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
PETE PARADOSSI CHAIR 5.00
Officer Director
$0 $0 $0
TARA BARNEY MEMBER-AT-LARGE 5.00
Director
$0 $25,390 $318,921
JIM SANDGREN MEMBER-AT-LARGE 5.00
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
2024 $11,593 $45,366 $20,861 $-33,773
2024 $28,829 $165,649 $59,340 $-136,820
2023 $123,296 $132,901 $231,290 $-9,605
2022 $88,375 $152,535 $27,448 $-64,160
2021 $192,933 $151,726 $87,068 $41,207
2020 $128,695 $133,485 $43,662 $-4,790
2019 $166,990 $169,270 $66,583 $-2,280
2018 $214,092 $174,145 $61,867 $39,947
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