Sports Event Development Fund in Cleveland, Ohio (OH)

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Sports Event Development Fund
Employer Identification Number (EIN)270531612
Name of OrganizationSports Event Development Fund
In Care of NameDavid Gilbert
Address334 Euclid Ave, Cleveland, OH 44114-2207
SubsectionCharitable Organization
Ruling Date09/2009
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$318,165
Amount of Income$337
Form 990 Revenue Amount$337
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Single Organization Support


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Amount of income in 2013: $337 (it was $467 in 2012)
Sports Event Development Fund: 

 $337
Other organizations performing similar types of work: 

 $77,925

Assets in 2013: $318,165 (it was $320,432 in 2012)
Sports Event Development Fund: 

 $318,165
Other organizations performing similar types of work: 

 $54,860

Expenses in 2013: $2,604
This organization: 

 $2,604
Other organizations performing similar types of work: 

 $44,826

Income to expenses ratio in 2013: 0.1
Sports Event Development Fund: 

 0.1
Other organizations performing similar types of work: 

 2.2

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 69.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$853$467$337
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$853$467$337
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$2,105$2,100$2,604
Total net assets$322,065$320,432$318,165
Excess/Deficit for the year$-1,252$-1,633$-2,267
Net assets or fund balances at beginning of year$323,317$322,065$320,432
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$320,432$318,165
Balance Sheets
201120122013
Total assets$322,065$320,432$318,165
Total liabilities$0$0$0
Net assets or fund balances$322,065$320,432$318,165
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Schuyler County Human Servicesdevelopment Corporation105 Ninth St, Watkins Glen, NY 14891-1435NY2008-04$421,855
2Open Square FoundationPO BOX 29903, San Francisco, CA 94129-0903CA2008-09$30,728,292
3Umb Health Sciences Research Park Corporation620 W Lexington St 4th Fl, Baltimore, MD 21201-1508MD2005-10$14,440,110
4Team Neo Foundation737 Bolivar Rd, Cleveland, OH 44115-1246OH2000-06$6,450,445
5Friends Of T-Rex911 Washington Ave Ste 500, Saint Louis, MO 63101-1271MO2014-06$6,298,515
6Spider Management Company6806 Paragon Pl Ste 290, Richmond, VA 23230-1824VA2003-10$3,689,871
7Cea Foundation1919 South Eads Street, Arlington, VA 22202-3028VA2008-10$3,689,583
8Idonate Foundation Inc706 North Lindenwood Drive, Olathe, KS 66062-1839KS2008-08$3,640,523
9Sc Launch Inc, Sc Launch1000 Catawba Street, Columbia, SC 29201-5706SC2008-06$2,984,224
10Shumard Foundation Inc3520 Piedmont Rd Ne Ste 200, Atlanta, GA 30305-1511GA2007-09$2,970,347
11Tulsas Future Inc1 W 3rd St Ste 100, Tulsa, OK 74103-3513OK2006-07$2,337,750
12Build Our New Bridge Now300 Carew Tower 441 Vine Street, Cincinnati, OH 45202OH2013-12$209,374
13Toledo Area Chamber Foundation300 Madison Avenue Enterprise Ste, Toledo, OH 43604-1561OH1981-10$107,225
14Experience Columbus Foundation277 W Nationwide Blvd Ste 125, Columbus, OH 43215-7501OH2007-07$10,997
15Sports Event Development Fund334 Euclid Ave, Cleveland, OH 44114-2207OH2009-09$337
16Northern Ohio Merit Shop Educational & Training Foundation9255 Market Pl W, Broadview Hts, OH 44147-2839OH2013-08$100
17Richard C & Betty Jo Weiser Charitable Tr 012999, Weiser Richard C Ttee123 S Broad St Ste 211, Lancaster, OH 43130-4304OH1999-06$1
18Carrelli Foundation8608 Tralee Ct, Cincinnati, OH 45236-1754OH2000-08$0
19Cliftonfest Partners IncorporatedPO BOX 20007, Cincinnati, OH 45220-0007OH2014-07$0
20Extra Innings Foundation7469 Manor Dr, Mentor, OH 44060OH2014-07$0
Number of organizations performing similar types of work
Alaska2
Alabama4
Arkansas6
Arizona6
California43
Colorado7
Connecticut6
District of Columbia5
Delaware2
Florida21
Georgia9
Iowa2
Idaho1
Illinois18
Indiana6
Kansas3
Kentucky5
Louisiana7
Massachusetts20
Maryland4
Maine2
Michigan14
Minnesota8
Missouri15
Mississippi1
Montana2
North Carolina9
Nebraska2
New Hampshire1
New Jersey8
New Mexico2
Nevada1
New York20
Ohio10
Oklahoma7
Oregon2
Pennsylvania9
South Carolina7
Tennessee7
Texas29
Utah2
Virginia19
Washington10
Wisconsin8
West Virginia3
Total375

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