2011-10-17T17:06:23-05:00 2010-12-31 KATZ NANNIS SOLOMON PC 250 FIRST AVENUE SUITE 101 NEEDHAM MA 024942805 990 2010-01-01 753138664 GOOD SPORTS INC GOOD 6174711213 1515 HANCOCK STREET SUITE 301 QUINCY MA 02169 MELISSA HARPER 6172826125 2011-08-26 1 JEFFREY D SOLOMON CPA CVA 7814538700 2011-08-26 2010 2016-03-07 17:11:31Z MELISSA HARPER 1515 HANCOCK STREET SUITE 301 QUINCY MA 02169 1809225 0 X WWW.GOODSPORTS.ORG X 2003 MA THE MISSION IS TO INCREASE YOUTH PARTICIPATION IN SPORTS, FITNESS, AND RECREATIONAL PROGRAMS BY TARGETING ONE OF THE MAJOR OBSTACLES LIMITING PARTICIPATION - ACCESS TO SPORTS EQUIPMENT. GOOD SPORTS DISTRIBUTES SPORTS EQUIPMENT, FOOTWEAR, AND APPAREL TO COMMUNITY ORGANIZATIONS OFFERING PROGRAMS TO DISADVANTAGED YOUTH HELPING TO LAY THE FOUNDATION FOR HEALTHY, ACTIVE LIFESTYLES. 15 14 7 90 0 0 1353446 1546168 0 0 2269 392 151159 130310 1506874 1676870 0 0 0 0 336727 346961 3964 361 22967 968650 1033782 1309341 1381104 197533 295766 1227557 1515390 61453 53520 1166104 1461870 X THE MISSION IS TO INCREASE YOUTH PARTICIPATION IN SPORTS, FITNESS, AND RECREATIONAL PROGRAMS BY TARGETING ONE OF THE MAJOR OBSTACLES LIMITING PARTICIPATION - ACCESS TO SPORTS EQUIPMENT. GOOD SPORTS DISTRIBUTES SPORTS EQUIPMENT, FOOTWEAR, AND APPAREL TO COMMUNITY ORGANIZATIONS OFFERING PROGRAMS TO DISADVANTAGED YOUTH HELPING TO LAY THE FOUNDATION FOR HEALTHY, ACTIVE LIFESTYLES. 0 0 1217869 IMPACTED OVER 300,000 YOUNG PEOPLE THROUGH SPORTS EQUIPMENT DONATIONS. GOOD SPORTS HAS DONATED OVER $5,000,000 WORTH OF EQUIPMENT TO OVER 700 PROGRAMS. 1217869 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 7 1 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MA PA IL X X MELISSA HARPER 6174711213 1515 HANCOCK ST SUITE 301 QUINCY MA 02169 MELISSA HARPER 40.00 X X 77085 0 8442 GEOFFREY HYATT 2.00 X X 0 0 0 KIRSTEN HANO 2.00 X 0 0 0 GREG COMELLA 2.00 X 0 0 0 MICHAEL HARRINGTON 2.00 X 0 0 0 ANDREW LAURENCE 2.00 X 0 0 0 KAKI MARTIN 2.00 X 0 0 0 DREW SAWYER 2.00 X 0 0 0 WILBUR SWAN 2.00 X 0 0 0 KENT WELDON 2.00 X 0 0 0 DANIEL TOUHEY 2.00 X 0 0 0 TED MANLEY 2.00 X 0 0 0 MICHELE MARTIN 2.00 X 0 0 0 PETER STEVENS 2.00 X 0 0 0 ROB GOTTI 2.00 X 0 0 0 CHRISTY HUGH KESWICK 40.00 X 63393 0 14534 140478 0 22976 0 0 0 0 0 17510 1528658 1004222 1546168 392 392 222274 17510 132355 89919 89919 ADMIN FEE ON DONATED E 480000 40391 40391 40391 1676870 40391 0 90311 140477 125025 7726 7726 132301 117747 7277 7277 48163 42865 2649 2649 26020 23158 1431 1431 11879 11879 21550 21550 361 361 2238 1595 643 4278 4278 38415 25455 12960 11548 10830 718 2900 2900 DISTRIBUTION OF SPORTS 855738 855738 RESERVE FOR INVENTORY O 32149 32149 POSTAGE AND DELIVERY 18145 14713 552 2880 COMPUTER SERVICES 11710 11710 TELEPHONE 7510 743 6767 15722 15722 1381104 1217869 140268 22967 112526 205778 123967 20633 22225 1910 954154 1266156 8711 6145 16704 8980 6212 7724 2162 1354 3290 1227557 1515390 61453 53520 61453 53520 X 85065 32206 1081039 1429664 1166104 1461870 1227557 1515390 295766 0 X 0 1 1 X 0 X 693648 1276646 1179891 1353446 1546168 6049799 693648 1276646 1179891 1353446 1546168 6049799 6049799 7751 2224 4198 2269 392 16834 77045 165050 127243 151159 130310 650807 6717440 0.90060 0.90510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16704 8980 7724 7724 1676870 1381104 295766 0 295766 1809225 132355 132355 1676870 0 1676870 1513459 132355 132355 1381104 0 1381104 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES - THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE. THE ORGANIZATION MUST IDENTIFY, RECOGNIZE, MEASURE AND DISCLOSE IN ITS FINANCIAL STATEMENTS THE EFFECTS OF ANY UNCERTAIN TAX REPORTING POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE IS REQUIRED UNDER GAAP. THE ORGANIZATION MUST RECOGNIZE AN UNRECOGNIZED TAX BENEFIT WHEN, DESPITE THE ORGANIZATIONS BELIEF THAT ITS TAX RETURN POSITIONS ARE SUPPORTABLE, IT IS POSSIBLE THAT CERTAIN POSITIONS MAY NOT BE FULLY SUSTAINED UPON REVIEW BY TAX AUTHORITIES. TO THE EXTENT THAT THE FINAL TAX OUTCOME OF THESE MATTERS IS DIFFERENT THAN THE AMOUNTS RECORDED, SUCH DIFFERENCES IMPACT INCOME TAX EXPENSE IN THE PERIOD IN WHICH SUCH DETERMINATION IS MADE. INTEREST AND PENALTIES, IF ANY, RELATED TO ACCRUED LIABILITIES FOR POTENTIAL TAX ASSESSMENTS ARE INCLUDED IN INCOME TAX EXPENSE. MANAGEMENT HAS ANALYZED THE ORGANIZATIONS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS (20076-2010), AND HAS CONCLUDED THAT NO PROVISION FOR UNRECOGNIZED TAX BENEFITS FROM UNCERTAIN TAX POSITIONS IS REQUIRED IN THE ORGANIZATIONS FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS 132,355. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS 132,355. BOSTON LEGENDS (PARTY & AUCTION) 88387 8685 79702 19000 74 5500 28080 BOSTON GOLF TOURNAMENT 41955 3260 38695 14939 722 6868 5 109442 5565 103877 1638 12082 43452 239784 17510 222274 35577 12878 5500 78400 132355 89919 X SPORTS EQUIPMENT 5 985892 FAIR MARKET VALUE X ADVERTISING 1 18330 SERVICES PROVIDED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 BEFORE FILING THE FORM 990, THE CHIEF EXECUTIVE OFFICER REVIEWS THE TAX RETURN IN DETAIL. IT IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS, WHO NOTIFY THE CEO OF ANY CHANGES THAT SHOULD BE MADE. UPON FINAL DISCUSSION, THE CEO SIGNS AND FILES THE FORM 990 WITH THE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C IF ANYONE HAS A POTENTIAL CONFLICT OF INTEREST THEY ARE REQUIRED TO DISCLOSE THAT TO THE BOARD OF DIRECTORS. THE BOARD THEN DETERMINES WHETHER A CONFLICT EXISTS AND HOW BEST TO HANDLE IT (SUCH AS RESTRICTING THE PARTICIPATION OF THE CONFLICTED PARTY). FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE COMPOSED OF MEMBERS OF THE BOARD OF DIRECTORS REVIEWS COMPARABLE DATA, PERFORMANCE OF COMPANY AGAINST ITS GOALS, AND DETERMINES COMPENSATION FOR THE CEO AND COO. THIS COMMITTEE ALSO APPROVES RECOMMENDATIONS MADE BY THE CEO FOR ALL STAFF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 GUIDESTAR FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION ALSO HAS ITS ANNUAL REPORT AVAILABLE ELECTRONICALLY VIA THEIR WEBSITE.