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Sports Event Development Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$460k (2023)

Expenses
$27.7k (2023)

Total Assets
$3.46M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$460,447
Expenses
$27,696
Net Income
$432,751
Net Assets
$3,456,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $337,000
73.2%
Program Services $0
Investment Income $114,296
24.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,151
2.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,456,636
Total Liabilities $0
Net Assets $3,456,636
Compensation
Key Employees and Officers Compensation Related Other
Doug Neary (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $587,153 $168,206

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,024,585
Expenses
$527,653
Net Income
$496,932
Net Assets
$2,904,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $958,750
93.6%
Program Services $0
Investment Income $65,835
6.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,904,562
Total Liabilities $0
Net Assets $2,904,562
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $581,281 $251,105

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,599
Expenses
$681,587
Net Income
-$550,988
Net Assets
$2,636,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $130,599
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,638,721
Total Liabilities $2,000
Net Assets $2,636,721
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $504,894 $64,846

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$139,032
Expenses
$14,050
Net Income
$124,982
Net Assets
$3,187,709
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $139,032
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,187,709
Total Liabilities $0
Net Assets $3,187,709
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $674,453 $60,647

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$212,952
Expenses
$427,200
Net Income
-$214,248
Net Assets
$3,062,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $212,952
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,062,727
Total Liabilities $0
Net Assets $3,062,727
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $478,675 $176,105

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$332,937
Expenses
$287,509
Net Income
$45,428
Net Assets
$3,276,975
Notable Sources of Revenue Percent of Total Revenue
Contributions $315,000
94.6%
Program Services $0
Investment Income $17,937
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,277,197
Total Liabilities $222
Net Assets $3,276,975
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $465,864 $175,924

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,090,320
Expenses
$12,974
Net Income
$2,077,346
Net Assets
$3,231,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,000,000
95.7%
Program Services $0
Investment Income $90,320
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,231,547
Total Liabilities $0
Net Assets $3,231,547
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Secretary) $0 $0 $0
Jeff Friedman (Board Chair) $0 $0 $0
Fred Disanto (Treasurer) $0 $0 $0
Mike Gibbons (Vice Chair) $0 $0 $0
David Gilbert (President) $0 $612,673 $155,685

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,871
Expenses
$25,927
Net Income
$18,944
Net Assets
$1,154,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $44,871
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,157,701
Total Liabilities $3,500
Net Assets $1,154,201
Compensation
Key Employees and Officers Compensation Related Other
Carl Grassi (Board Chair) $0 $0 $0
Jeff Friedman (Director) $0 $0 $0
Fred Disanto (Director) $0 $0 $0
Mike Gibbons (Director) $0 $0 $0
David Gilbert (President) $0 $512,256 $72,117

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,153
Expenses
$2,200
Net Income
-$47
Net Assets
$635,257
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,153
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $635,257
Total Liabilities $0
Net Assets $635,257
Compensation
Key Employees and Officers Compensation Related Other
Bob Kain (Director) $0 $0 $0
Jeff Friedman (Director) $0 $0 $0
Fred Disanto (Director) $0 $0 $0
Mike Gibbons (President) $0 $0 $0
David Gilbert (Vice President) $0 $441,968 $146,348

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$710
Expenses
$1,850
Net Income
-$1,140
Net Assets
$635,304
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $710
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $635,304
Total Liabilities $0
Net Assets $635,304
Compensation
Key Employees and Officers Compensation Related Other
Bob Kain (Director) $0 $0 $0
Jeff Friedman (Director) $0 $0 $0
Fred Disanto (Director) $0 $0 $0
Mike Gibbons (President) $0 $0 $0
David Gilbert (Vice President) $0 $462,442 $150,905

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$337
Expenses
$2,604
Net Income
-$2,267
Net Assets
$318,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $337
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $318,165
Total Liabilities $0
Net Assets $318,165
Compensation
Key Employees and Officers Compensation Other
Bob Kain (Director) $0 $0
Jeff Friedman (Director) $0 $0
Fred Disanto (Director) $0 $0
Mike Gibbons (President) $0 $0
David Gilbert (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$467
Expenses
$2,100
Net Income
-$1,633
Net Assets
$320,432
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $467
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $320,432
Total Liabilities $0
Net Assets $320,432

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$853
Expenses
$2,105
Net Income
-$1,252
Net Assets
$322,065
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $853
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $322,065
Total Liabilities $0
Net Assets $322,065

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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