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I A C Sports Foundation Inc

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$71.5k (2024)

Expenses
$62.6k (2024)

Total Assets
$112k (2024)

Total Liabilities
$680 (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$71,478
Expenses
$62,569
Net Income
$8,909
Net Assets
$111,099
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,385
> 100%
Program Services $0
Investment Income $2,570
3.6%
Net Fundraising -$25,477
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $111,779
Total Liabilities $680
Net Assets $111,099
Compensation
Key Employees and Officers Compensation Other
Robert V Welch Jr (President) $0 $0
Mike Kennedy (Vice President) $0 $0
Matt Robinson (Secretary) $0 $0
Mike Farrell (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Kevin Flynn (Board Member) $0 $0
Pete Forsee (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Barry Mcginley (Board Member) $0 $0
Cameron O'connor (Board Member) $0 $0
Chris Thomas (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$35,388
Expenses
$56,008
Net Income
-$20,620
Net Assets
$102,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,250
> 100%
Program Services $0
Investment Income $2,398
6.8%
Net Fundraising -$42,260
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $102,181
Total Liabilities $0
Net Assets $102,181
Compensation
Key Employees and Officers Compensation Other
Robert V Welch Jr (President) $0 $0
Matt Robinson (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Kevin Flynn (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Barry Mcginley (Board Member) $0 $0
Cameron O'connor (Board Member) $0 $0
Chris Thomas (Board Member) $0 $0
Daniel Thompson (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$87,372
Expenses
$51,715
Net Income
$35,657
Net Assets
$119,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $123,946
> 100%
Program Services $0
Investment Income $5
0.0%
Net Fundraising -$36,579
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $119,178
Total Liabilities $0
Net Assets $119,178
Compensation
Key Employees and Officers Compensation Other
Robert V Welch Jr (President) $0 $0
Matt Robinson (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Kevin Flynn (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Barry Mcginley (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Cameron O'connor (Board Member) $0 $0
Chris Thomas (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$11,610
Expenses
$25,652
Net Income
-$14,042
Net Assets
$83,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,975
> 100%
Program Services $0
Investment Income $11
0.1%
Net Fundraising -$3,376
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $83,521
Total Liabilities $0
Net Assets $83,521
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Kevin Flynn (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$35,624
Expenses
$7,055
Net Income
$28,569
Net Assets
$97,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $36,788
> 100%
Program Services $0
Investment Income $26
0.1%
Net Fundraising -$1,190
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $97,562
Total Liabilities $0
Net Assets $97,562
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Jerry Jones (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$16,539
Expenses
$19,930
Net Income
-$3,391
Net Assets
$68,992
Notable Sources of Revenue Percent of Total Revenue
Contributions $55,751
> 100%
Program Services $0
Investment Income $10
0.1%
Net Fundraising -$39,222
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $68,992
Total Liabilities $0
Net Assets $68,992
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Jerry Jones (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$23,261
Expenses
$22,941
Net Income
$320
Net Assets
$72,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,400
> 100%
Program Services $0
Investment Income $12
0.1%
Net Fundraising -$17,151
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $72,383
Total Liabilities $0
Net Assets $72,383
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Jerry Jones (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,056
Expenses
$18,811
Net Income
-$17,755
Net Assets
$72,063
Notable Sources of Revenue Percent of Total Revenue
Contributions $29,355
> 100%
Program Services $0
Investment Income $0
Net Fundraising -$28,362
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $63
6.0%
Assets/Debt
Total Assets $72,063
Total Liabilities $0
Net Assets $72,063
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Joe Cripe (Board Member) $0 $0
Carl Daniels (Board Member) $0 $0
Jerry Jones (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Mark Klein (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Leah Nahmias (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
John Short (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$18,535
Expenses
$23,917
Net Income
-$5,382
Net Assets
$89,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $45,177
> 100%
Program Services $0
Investment Income $20
0.1%
Net Fundraising -$28,465
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,803
9.7%
Assets/Debt
Total Assets $89,818
Total Liabilities $0
Net Assets $89,818
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Ollan Cassell (Board Member) $0 $0
Joe Cripe (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
John Short (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$24,561
Expenses
$27,576
Net Income
-$3,015
Net Assets
$95,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $47,959
> 100%
Program Services $0
Investment Income $33
0.1%
Net Fundraising -$23,443
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12
0.0%
Assets/Debt
Total Assets $95,200
Total Liabilities $0
Net Assets $95,200
Compensation
Key Employees and Officers Compensation Other
Robert Welch (President) $0 $0
Kevin Murray (Secretary) $0 $0
Peter Forsee (Treasurer) $0 $0
Ollan Cassell (Board Member) $0 $0
Joe Cripe (Board Member) $0 $0
Mike Kennedy (Board Member) $0 $0
Mike Kiefer (Board Member) $0 $0
Nancy Lorenzano (Board Member) $0 $0
Jack Moriarty (Emeritus) $0 $0
Matt Robinson (Board Member) $0 $0
John Short (Board Member) $0 $0
Christopher Thomas (Board Member) $0 $0
Daniel P Thompson (Board Member) $0 $0
Sabrina Young (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$27,528
Expenses
$21,160
Net Income
$6,368
Net Assets
$98,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,200
> 100%
Program Services $0
Investment Income $99
0.4%
Net Fundraising -$16,765
Sales of Assets -$6
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $98,215
Total Liabilities $0
Net Assets $98,215
Compensation
Key Employees and Officers Compensation Other
Larry J Barrett (Treasurer) $0 $0
Ollan Cassell (Board Member) $0 $0
Peter Forsee (Treasurer) $0 $0
Michael Kiefer (Board Member) $0 $0
Nancy Lorenzano Phd (Board Member) $0 $0
Jack V Moriarty (Board Member) $0 $0
Greg Rakestraw (Board Member) $0 $0
Kevin Murray (Secretary) $0 $0
John Short (Board Member) $0 $0
Daniel Thompson (Board Member) $0 $0
Robert V Welch Jr (President) $0 $0
Sabrina Young (Board Member) $0 $0
Joe Cripe (Board Member) $0 $0
Matt Robinson (Board Member) $0 $0
Chris Thomas (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$34,402
Expenses
$23,861
Net Income
$10,541
Net Assets
$91,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,522
> 100%
Program Services $0
Investment Income $133
0.4%
Net Fundraising -$10,247
Sales of Assets -$6
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $91,651
Total Liabilities $0
Net Assets $91,651
Compensation
Key Employees and Officers Compensation Other
Larry J Barrett (Treasurer) $0 $0
Ollan Cassell (Board Member) $0 $0
Pete Forsee (Board Member) $0 $0
Michael Kiefer (Board Member) $0 $0
Nancy Lorenzano Phd (Board Member) $0 $0
Jack V Moriarty (Board Member) $0 $0
Greg Rakestraw (Board Member) $0 $0
Kevin Murray (Board Member) $0 $0
Max B Schumacher (Board Member) $0 $0
John Short (Board Member) $0 $0
Daniel Thompson (Board Member) $0 $0
Robert V Welch Jr (President) $0 $0
Sabrina Young (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$31,303
Expenses
$20,273
Net Income
$11,030
Net Assets
$80,810
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,500
65.5%
Program Services $0
Investment Income $1,289
4.1%
Net Fundraising $10,814
34.5%
Sales of Assets -$1,300
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $83,855
Total Liabilities $3,045
Net Assets $80,810

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$20,014
Expenses
$26,041
Net Income
-$6,027
Net Assets
$71,855
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,483
67.4%
Program Services $0
Investment Income $1,599
8.0%
Net Fundraising $5,263
26.3%
Sales of Assets -$331
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $71,855
Total Liabilities $0
Net Assets $71,855

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

Fiscal Year Ending Dec.
2008

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.
2007

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.
2006

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.
2005

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.
2004

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.
2003

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.
2002

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.
2001

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

What Is 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.

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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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