Global Sports Partners Inc in Norman, Oklahoma (OK)

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Global Sports Partners Inc
Employer Identification Number (EIN)731580385
Name of OrganizationGlobal Sports Partners Inc
In Care of NameStephen D Devoss
Address205 E Main St, Norman, OK 73069-1304
SubsectionCharitable Organization
Ruling Date04/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$506,951
Amount of Income$971,708
Form 990 Revenue Amount$971,708
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Olympics Committees and Related International Competitions


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Amount of income in 2013: $971,708 (it was $764,209 in 2012)
Global Sports Partners Inc: 

 $971,708
Other organizations performing similar types of work: 

 $112,462

Assets in 2013: $506,951 (it was $468,450 in 2012)
Global Sports Partners Inc: 

 $506,951
Other organizations performing similar types of work: 

 $40,520

Expenses in 2012: $652,246
This organization: 

 $652,246
Other organizations performing similar types of work: 

 $121,393

Income to expenses ratio in 2012: 1.5
This organization: 

 1.5
Other organizations performing similar types of work: 

 1.2

Number of employees in 2012: 5
Global Sports Partners Inc: 

 5
Other organizations performing similar types of work: 

 3

Grants share in income in 2012: 96.0%
Global Sports Partners Inc: 

 96.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$763,319
Contributions, Gifts, Grants and Other Similar Amounts$732,532
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $890
Less: cost or other basis and sales expenses (Securities / Other)$0 / $890
Gain or (loss) (Securities / Other)$0 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$30,787
Statement of Functional Expenses (for 2012)
Total functional expenses$652,246
Compensation of current officers, directors, trustees, and key employees$102,742
Other salaries and wages$16,856
Payroll taxes$9,567
Professional fundraising services$0
Other$523,081
Balance Sheet (for 2012)
Total assets$468,450
Total liabilities$33,364
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$33,364
Total net assets or fund balances$435,086
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$2,408,481
Gifts, grants, contributions, and membership fees received$2,399,852
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$8,629
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Usa Triathlon Of Colorado5825 Delmonico Dr Ste 200, Colorado Spgs, CO 80919-2244CO2014-03$21,208,113
2Telluride FoundationPO BOX 4222, Telluride, CO 81435-4222CO2000-12$5,053,979
3United States Competition Climbing Association4909 Pearl East Cir Ste 102, Boulder, CO 80301-2498CO1998-11$1,494,037
4New Orleans Aau Junior Olympics Host Committee Inc2020 St Charles Ave, New Orleans, LA 70130-5319LA2010-12$1,270,000
5Global Sports Partners Inc205 E Main St, Norman, OK 73069-1304OK2000-04$971,708
6Whaler Nation Inc1416 Stephanie Way, Chesapeake, VA 23320-0613VA2008-10$700,821
7American Servicemembers Amateur Sports IncPO BOX 657, Boulder, CO 80306-0657CO2011-02$570,926
8Womens Ski Jumping Usa IncPO BOX 980218, Park City, UT 84098-0218UT2004-01$528,656
9United States Bridge Federation200 E Delaware, Chicago, IL 60611-1911IL2001-08$425,051
10Usa Pentathlon Inc1 Olympic Plaza, Colorado Springs, CO 80909CO2009-03$419,646
11American Samoa National Olympic CommitteePo Box 5380, Pago Pagointernational2000-01$410,905
12Wayland-Weston Rowing Association6 Pesce Dr, Wayland, MA 01778-1032MA2014-02$403,404
13Steel City Rowing Corporation101 Arch Street, Verona, PA 15147PA1999-01$354,297
14Uipm Foundation Inc111 W 7th Ave, Eugene, OR 97401-2622OR2003-01$326,260
15Cornwall United Soccer Club IncPO BOX 277, Cornwall, NY 12518-0277NY2014-02$239,348
16Northwest District Amateur Softball Association IncPO BOX 10511, Enid, OK 73706OK2014-05$102,965
17Charger Triathlon17113 Fox Prowl Ln, Edmond, OK 73003-8410OK2006-08$0
18Lawton Heat Volleyball Club4807 Se Brown St, Lawton, OK 73501-8304OK2004-01$0
19Team Ok Usa Association9415 E 31st St, Tulsa, OK 74145-1706OK2002-08$0
20United States Fencing Association, Oklahoma Division Inc514 Nw 164th Street, Edmond, OK 73013-2001OK2004-12$0
Number of organizations performing similar types of work
Alaska1
Alabama3
Arkansas2
Arizona7
California32
Colorado17
Connecticut4
District of Columbia2
Florida5
Georgia6
Hawaii2
Illinois8
Indiana3
Kansas1
Kentucky2
Louisiana3
Massachusetts3
Maryland1
Maine4
Michigan5
Minnesota3
Missouri4
Montana1
North Carolina3
Nebraska1
New Hampshire1
New Jersey6
New Mexico4
Nevada3
New York11
Ohio8
Oklahoma6
Oregon9
Pennsylvania8
Rhode Island1
South Carolina2
South Dakota1
Tennessee3
Texas20
Utah5
Virginia9
Vermont4
Washington10
Wisconsin5
Wyoming1
International2
Total242

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