FEDERATION OF INTERNATIONAL LACROSSE INC

EIN: 311696547 501(c)(3) Recreation & Sports

COLORADO SPRINGS, CO

Total Revenue
$5,495,354
Total Expenses
$3,161,600
Total Assets
$3,634,082
Net Assets
$3,464,929
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
JIM SCHERR
Phone
7193007595
Tax Period
2024-01-01 to 2024-12-31

FEDERATION OF INTERNATIONAL LACROSSE INC, founded in 2008, is a community nonprofit in the Recreation & Sports sector that reported $5.5M in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 42% operating margin.

Mission

WORLD LACROSSE IS THE INTERNATIONAL OLYMPIC COMMITTEE RECOGNIZED INTERNATIONAL FEDERATION FOR THE SPORT OF LACROSSE. AS SUCH, IT GOVERNS THE SPORT GLOBALLY WORKING WITH 90+ MEMBER NATIONAL GOVERNING BODIES AND FOUR (4) CURRENTLY RECOGNIZED CONTINENTAL FEDERATIONS. THE CORPORATION'S VISION IS THAT LACROSSE IS RECOGNIZED AND PLAYED BY ALL COUNTRIES WORLDWIDE AND IS AN OLYMPIC SPORT. ITS MISSION IS TO DEVELOP LACROSSE THROUGHOUT THE WORLD TO POSITIVELY IMPACT THE LIVES OF ITS PARTICIPANTS AND THEIR COMMUNITIES. WORLD LACROSSE ASSISTS IN MEMBER NATIONAL GOVERNING BODIES (NGBS) TO GROW AND DEVELOP THE SPORT OF LACROSSE AND ORGANIZES GLOBAL EVENTS FOR ITS MEMBER NGBS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,091,825
Program Service Revenue $399,034
Investment Income $4,495
Other Revenue $0
TOTAL REVENUE $5,495,354

Expense Breakdown

Grants Paid $131,750
Salaries & Benefits $1,666,700
Fundraising Expenses $67,618
Program Expenses $2,389,166
Other Expenses $1,363,150
TOTAL EXPENSES $3,161,600

Year-over-Year Comparison

2024 2023 Change
Revenue $5,495,354 $1,685,346 +2.3%
Expenses $3,161,600 $3,218,158 0.0%
Net Income $2,333,754 $-1,532,812 -2.5%
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
13
Independent Members
12
Employees
9
Volunteers
1500

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
$363,560
Total Directors
11
$363,560
Key Employees
2
$494,157
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM SCHERR CHIEF EXECUTIVE OFFICER 50.00
Officer Director
$326,693 $36,867 $363,560
BOB DEMARCO PRESIDENT 10.00
Officer Director
$0 $0 $0
STEPH MIGCHELSEN VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
SALLIE BARKER FINANCE & GOVERNANCE DIREC 10.00
Officer Director
$0 $0 $0
JANE LEE CHAIR OF ATHLETES COMMISSI 10.00
Director
$0 $0 $0
SEAN GIBSON VICE CHAIR OF ATHLETES COM 10.00
Director
$0 $0 $0
STEVE GOVETT INDEPENDENT DIRECTOR 10.00
Director
$0 $0 $0
KRISTEN GARLINGHOUSE INDEPENDENT DIRECTOR 10.00
Director
$0 $0 $0
SABAH CAMBRELEN DIVERSITY & INCLUSION DIRE 10.00
Director
$0 $0 $0
DON BLACKLOCK TECHNICAL DIRECTOR 10.00
Director
$0 $0 $0
MIKE SLATTERY CONTINENTAL FEDERATION DIR 10.00
Director
$0 $0 $0
ERIC PARTHEN CHIEF OPERATING OFFICER 50.00
Key Emp
$205,705 $16,828 $222,533
CHRISTY CAHILL CHIEF BRAND & COMMUNICATIO 50.00
Key Emp
$245,100 $26,524 $271,624
RICHARD BUCHANAN DIRECTOR OF SPORT 50.00
Highest
$146,567 $14,392 $160,959
KIMBERLY ROGERS DIRECTOR OF EVENTS 50.00
Highest
$127,729 $13,588 $141,317
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 $5,495,354 $3,161,600 $3,634,082 $2,333,754
2023 $1,685,346 $3,218,158 $1,395,436 $-1,532,812
2022 $3,584,616 $3,919,814 $2,909,992 $-335,198
2021 $134,323 $2,662,287 $3,266,134 $-2,527,964
2020 $180,266 $2,530,414 $5,936,209 $-2,350,148
2019 $3,006,245 $2,600,990 $1,784,868 $405,255
2018 $1,589,940 $1,046,026 $3,814,289 $543,914
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