SPORTS ACADEMY OF IDAHO

EIN: 273256985 501(c)(3) Youth Development

MERIDIAN, ID

Total Revenue
$140,071
Total Expenses
$177,301
Total Assets
$92,643
Net Assets
$83,670
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
ID
Principal Officer
CHRIS SEEGER
Phone
2083408401
Tax Period
2023-01-01 to 2023-12-31

SPORTS ACADEMY OF IDAHO, founded in 2010, is a small nonprofit in the Youth Development sector that reported $140K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $177K exceeded revenue, resulting in a 27% operating deficit.

Mission

OUR OBJECTIVE IS TO PROVIDE OUR PLAYERS WITH A COMPETITIVE BASKETBALL ENVIRONMENT TO HELP THEM BECOME BETTER INDIVIDUAL BASKETBALL PLAYERS, AS WELL AS VITAL MEMBERS OF THEIR RESPECTIVE TEAMS. WE BELIEVE BASKETBALL CAN BE USED AS A TOOL TO HELP PLAYERS LEARN HOW TO WORK HARD, UNDERSTAND THE IMPORTANCE OF PERSONAL DISCIPLINE, AND BECOME LEADERS IN OUR COMMUNITY. WE ASK OUR PLAYERS TO "FILL THEIR JERSEY'S; WHAT WE MEAN BY THIS IS: "IT MAY SAY IDAHO ELITE ON THE FRONT OF YOUR JERSEY, BUT IT DOESN'T MEAN ANYTHING IF YOU DON'T BACK IT UP BY GIVING YOUR ALL, HAVING A GREAT ATTITUDE, BEING AN ENCOURAGEMENT TO OTHERS, AND RESPECTING YOUR OPPONENT. ONLY THEN WILL YOU BE CONSIDERED ELITE".

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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 $140,070
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $140,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,431
Fundraising Expenses $0
Program Expenses $161,776
Other Expenses $97,870
TOTAL EXPENSES $177,301

Year-over-Year Comparison

2023 2022 Change
Revenue $140,071 $163,717 -0.1%
Expenses $177,301 $141,615 +0.3%
Net Income $-37,230 $22,102 -2.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
6
Volunteers
7

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
2
$38,400
Total Directors
9
$38,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE DEVERA CO-PRESIDENT 5.00
Officer Director
$19,200 $0 $19,200
CHRIS SEEGER CO-PRESIDENT 5.00
Officer Director
$19,200 $0 $19,200
BRIAN DEATHERAGE BOARD MEMBER 1.00
Director
$0 $0 $0
CANDACE THORNTON BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL DRACE BOARD MEMBER 1.00
Director
$0 $0 $0
GLENN MICHAEL BOARD MEMBER 1.00
Director
$0 $0 $0
GEOFF GOSS BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN ELITHARP BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER FARNSWORTH BOARD MEMBER 1.00
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 No data No data No data No data
2023 $140,071 $177,301 $92,643 $-37,230
2022 $163,717 $141,615 $120,900 $22,102
2021 $162,089 $149,874 $100,298 $12,215
2020 $139,749 $131,883 $91,669 $7,866
2019 $358,580 $333,541 $78,717 $25,039
2018 $285,680 $275,295 $53,678 $10,385
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