AUSTIN ATHLETICS SCHOLARSHIP FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
AUSTIN ATHLETICS SCHOLARSHIP FOUNDATION (EIN 20-0477609)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-10-15
IRS object ID
201332899349300143
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-10-15T16:30:29-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN741781233EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1OSBORN & COMPANY CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line14407 BEE CAVES RD BLD 4 STE 412AddressLine1
CityAUSTINCity
StateTXState
ZIP Code78746ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN200477609EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AUSTIN ATHLETIC SCHOLARSHIP FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAUSTNameControl
Phone5126808014Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13801 N CAPITAL OF TEXAS HWYAddressLine1
Address Line2E240-161AddressLine2
CityAUSTINCity
StateTXState
ZIP Code78746ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJACK NEWMANName
TitlePRESIDENTTitle
Phone5126808014Phone
Date Signed2013-08-08DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJOSEPH C OSBORNName
PTINP00180182PTIN
Phone5123277003Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJACK NEWMANNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line13801 N CAPITAL OF TEXAS HWYAddressLine1
Address Line2E240-161AddressLine2
CityAUSTINCity
StateTXState
ZIP Code78746ZIPCode
FieldValueIRS element (for citing)
Gross Receipts342307GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Type Of Org Other DescriptionEDUCATIONALTypeOfOrgOtherDescription
Year Formation2003YearFormation
State Legal DomicileTXStateLegalDomicile
Activity Or Mission DescriptionPROVIDES NEED BASED ASSISTANCE TO ENABLE PROMISING YOUNG ATHLETES TO PARTICIPATE IN TENNIS EVENTSActivityOrMissionDescription
Nbr Voting Members Governing Body2NbrVotingMembersGoverningBody
Nbr Independent Voting Members2NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year139254ContributionsGrantsPriorYear
Contributions Grants Current Year342307ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year139254TotalRevenuePriorYear
Total Revenue Current Year342307TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year99415GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY279750GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year39000TotalFundrsngExpCurrentYear
Other Expense Prior Year25988OtherExpensePriorYear
Other Expenses Current Year45471OtherExpensesCurrentYear
Total Expenses Prior Year125403TotalExpensesPriorYear
Total Expenses Current Year325221TotalExpensesCurrentYear
Revenues Less Expenses Prior Year13851RevenuesLessExpensesPriorYear
Revenues Less Expenses CY17086RevenuesLessExpensesCY
Total Assets BOY35737TotalAssetsBOY
Total Assets EOY52823TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY35737NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY52823NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE AUSTIN ATHLETIC SCHOLARSHIP FOUNDATION (AASF) PROVIDES NEED-BASED ASSISTANCE TO ENABLE PROMISING YOUNG ATHLETES TO PARTICIPATE IN TENNIS EVENTS. THE APPLICANTS CONTACT AASF TO REQUEST SUCH ASSISTANCE. THE CRITERIA ARE DETERMINED ON A CASE-BY-CASE BASIS VIA NA INTERVIEW PROCESS. THE FOUNDATION DISCUSSES THE COSTS AND EXPENSES FOR THE PROGRAM WITH THE PARENTS, OBTAINS TAX RETURN INFORMATION, AND ESTABLISHES THE SCHOLARSHIP AMOUNT.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense279750Expense
Grants279750Grants
DescriptionPROVIDES LESSONS AND TRAVEL GRANTS/SCHOLARSHIPS TO PROMISING YOUNG ATHLETES WITH THE LIFE LESSONS OF TENNIS, SUCH AS SELF DISCIPLINE, GOAL SETTING, WORK ETHIC, TEAM WORK, LEADERSHIP AND TIME MANAGEMENT.Description
Total Program Service Expense279750TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members2NbrVotingGoverningBodyMembers
Number Independent Voting Members2NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body0MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1JACK NEWMANBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number5126808014TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13801 N CAPITAL OF TEXAS HIGHWAYAddressLine1
CityAUSTINCity
StateTXState
ZIP Code78746ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (2 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JACK NEWMAN
PRESIDENT10.00X000
DEB CAHILL
SECRETARY5.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events156930FundraisingEvents
All Other Contributions185377AllOtherContributions
Total Contributions342307TotalContributions
Gross Income Fundraising Events0GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events156930CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses0FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column342307TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total279750Total
Program Services279750ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total5389Total
Management And General5389ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total1082Total
Management And General1082ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalFundraisingFundraising
SHOOT OUT EXPENSES3857738577
GLIMMER OF HOPE EVENT423423

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total325221Total
Program Services279750ProgramServices
Management And General6471ManagementAndGeneral
Fundraising39000Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY34967BOY
EOY52053EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis770LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec0LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY770BOY
EOY770EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY35737BOY
EOY52823EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY35737BOY
EOY52823EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY35737BOY
EOY52823EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY35737BOY
EOY52823EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses17086ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years59839CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years86103CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years144540CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year96891CurrentTaxYearMinus1Year
Current Tax Year156930CurrentTaxYear
Total544303Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years59839CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years86103CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years144540CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year96891CurrentTaxYearMinus1Year
Current Tax Year156930CurrentTaxYear
Total544303Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total509544303PublicSupportTotal509

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years9500CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years54760CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years67951CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year42363CurrentTaxYearMinus1Year
Current Tax Year185377CurrentTaxYear
Total359951Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years69339CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years140863CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years212491CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year139254CurrentTaxYearMinus1Year
Current Tax Year342307CurrentTaxYear
Total904254Total
FieldValueIRS element (for citing)
Public Support Percentage5090.60190PublicSupportPercentage509
Prior Year Support Percentage0.70610PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis770OtherCostOrOtherBasis
Book Value770BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings770TotalOfBookValueLandBuildings

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1SHOOTOUTNameOfEvent1
Gross Receipts Event1156915GrossReceiptsEvent1
Charitable Contributions Event1156915CharitableContributionsEvent1
Name Of Event2GLIMMER OF HOPENameOfEvent2
Gross Receipts Event215GrossReceiptsEvent2
Charitable Contributions Event215CharitableContributionsEvent2
Gross Receipts Total156930GrossReceiptsTotal
Charitable Contributions Total156930CharitableContributionsTotal

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Recipient Table RecipientTable (4 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrant
A GLIMMER OF HOPE FOUNDATION
3600 N CAPITAL OF TX HWY STE330AUSTINTX7874631175821810000TO ENSURE THE SUCCESS AND SUSTAINABILITY OF OUR SCHOOLS & PROVIDING TEACHERS,BOOKS.
SIDE BY SIDE KIDS INC
1033 LA POSADA DR SUITE 372AUSTINTX787523310267036500TO PROVIDE ASSISTANCE FOR AFTERSCHOOL RECREATIONAL PROGRAM TO REACH THEIR HIGHEST POTENTIAL
RUNNING WITH ANGELS
PO BOX 162151AUSTINTX787167528014954000TO PROVIDE ASSISTANCE TO ATHLETS OF ANY AGE OR SKILL LEVEL TO PRODUCE SUCCESS & LEADERSHIP
ANDREW S RODDICK FOUNDATION
PO BOX 41993AUSTINTX787042000145005000TO TEACH CHARACTER & LIFE SKILLS THROUGH SPORTS BASED MENTORING & EDUCATION.
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants4TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations4TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
COLLEGE PREP12565
TOURNAMENT EXPENSES FOR ATHLETS635039
ATA ACADEMY TUITION INCLUDING JUNIOR ATHLETS28176025
PRIVATE LESSONS639070
LESSON & CAMP21550

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 8AENTITY IS SMALL NOT FOR PROFIT ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 8BENTITY IS SMALL NOT FOR PROFIT ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11ORGANIZATION REVIEWS 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19ENTITY IS SMALL NOT FOR PROFIT ORGANIZATION. FORM 990 AVAILABLE UPON REQUEST.

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