Good Sports leverages donated and deeply discounted product from sporting goods manufacturers to provide brand-new equipment, apparel and footwear to youth organizations across the country. The organization aims to alleviate the financial burden of equipment and enable organizations to introduce new activities, increase minutes of play per week, subsidize costs for families and more.
For the year ended December 31, 2018, Good Sports's program expenses were:
Program services |
$16,906,247 |
Total Program Expenses: |
$16,906,247 |
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
Fundraising costs were 6% of related contributions. (Related contributions, which totaled $14,557,851, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Good Sports's audited financial statements for the year ended December 31, 2018.
Source of Funds |
Donated goods and services |
$10,395,759 |
Corporate contributions |
$2,271,808 |
Foundation contributions |
$757,714 |
Special events, net |
$687,393 |
Change in inventory reserve |
$575,493 |
Individual contributions |
$445,177 |
Shipping and handling fees |
$290,036 |
Interest income |
$1,073 |
Total Income |
$15,424,453 |
- Programs: 95%
- Fundraising: 4%
- Administrative: Less than 1%
Total Income |
$15,424,453 |
Program expenses |
$16,906,247 |
Fundraising expenses |
$860,522 |
Administrative expenses |
$204,859 |
Other expenses |
$0 |
Total expenses: |
$17,971,628 |
Income in Excess of Expenses |
$-2,547,175 |
Beginning Net Assets |
$16,631,588 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$14,084,413 |
Total Liabilities |
$309,808 |
Total Assets |
$14,394,221 |
Note: According to Good Sports' 2018 audited financial statements, the organization received in-kind contributions totaling $10,395,759 in the form of sports equipment ($10,258,859), services ($122,900) and vendor credits ($14,000).