Department of the Treasury Internal Revenue Service OMB No. 1545-0047 Return of Organization Exempt From Income Tax 017 Under section 501(c), 57, or 4947(a)(1) of the Internal Revenue Code (except private foundations) G Do not enter social security numers on this form as it may e made pulic. G Go to www.irs.gov/form990 for instructions and the latest information. A For the 017 calendar year, or tax year eginning, 017, and ending, B Check if applicale: C D Address change PARADO SPORTS 6-015796 Name change PO BO 7 E Telephone numer Initial return ELDORADO SPRINGS, CO 8005 70-68-559 Final return/terminated Amended return F G Open to Pulic Inspection Employer identification numer Gross receipts Application pending Name and address of principal officer: H(a) Is this a group return for suordinates? MIKE NEUSTEDTER Yes No H() Are all suordinates included? SAME AS C ABOVE Yes No If 'No,' attach a list. (see instructions) I Tax-exempt status 501(c)() 501(c) () H (insert no.) 4947(a)(1) or 57 J Wesite: G WWW.PARADOSPORTS.ORG H(c) Group exemption numer G K Form of organization: Corporation Trust Association OtherG L Year of formation: 007 M State of legal domicile: CO Part I 1 Summary Briefly descrie the organization's mission or most significant activities: PARADO SPORTS REVOLUTIONIZES LIVES THROUGH ADAPTIVE CLIMBING OPPORTUNITIES THAT DEFY CONVENTION. $ 408,858. Check this ox G if the organization discontinued its operations or disposed of more than 5% of its net assets. Numer of voting memers of the governing ody (Part VI, line 1a)................................... 4 Numer of independent voting memers of the governing ody (Part VI, line 1)....................... 4 5 Total numer of individuals employed in calendar year 017 (Part V, line a).......................... 5 6 Total numer of volunteers (estimate if necessary)................................................... 6 7a Total unrelated usiness revenue from Part VIII, column (C), line 1................................... 7a Net unrelated usiness taxale income from Form 990-T, line 4...................................... 7 8 9 10 11 1 1 14 15 Contriutions and grants (Part VIII, line 1h).......................................... Program service revenue (Part VIII, line g)......................................... Investment income (Part VIII, column (A), lines, 4, and 7d)......................... Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)................ Total revenue ' add lines 8 through 11 (must equal Part VIII, column (A), line 1)..... Grants and similar amounts paid (Part I, column (A), lines 1-)...................... Benefits paid to or for memers (Part I, column (A), line 4).......................... Salaries, other compensation, employee enefits (Part I, column (A), lines 5-10)..... 16 a Professional fundraising fees (Part I, column (A), line 11e).......................... 17 18 19 0 1 Part II Total fundraising expenses (Part I, column (D), line 5) G 51,970. Other expenses (Part I, column (A), lines 11a-11d, 11f-4e)......................... Total expenses. Add lines 1-17 (must equal Part I, column (A), line 5)............. Revenue less expenses. Sutract line 18 from line 1................................ Total assets (Part, line 16)........................................................ Total liailities (Part, line 6)..................................................... Net assets or fund alances. Sutract line 1 from line 0............................ Signature Block Prior Year 8,8. 4,576. -84. -,46. 67,55. 1,611. 115,140. 48,751. 118,801. Beginning of Current Year 174,158. 10,06. 164,095. 10 9 166 0. 0. Current Year 44,70. 5,147. 149. -8,00. 88,996. 158,41. 14,05. 00,448. 88,548. End of Year 85,0.,559. 5,64. Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the est of my knowledge and elief, it is true, correct, and complete. Declaration of preparer (other than officer) is ased on all information of which preparer has any knowledge. Sign Here A Signature of officer A Type or print name and title MIKE NEUSTEDTER Date EECUTIVE DIRECTOR Print/Type preparer's name Preparer's signature Date Check if PTIN Paid DAVID J. BREWSTER self-employed P0001187 Preparer Firm's name G DAVID BREWSTER & ASSOC., INC. Use Only Firm's address G 4890 RIVERBEND ROAD Firm's EIN G 84-115797 BOULDER, CO 8001 Phone no. 0-449-50 May the IRS discuss this return with the preparer shown aove? (see instructions)...................................... Yes No BAA For Paperwork Reduction Act Notice, see the separate instructions. TEEA011L 08/08/17 Form 990 (017)
Form 990 (017) PARADO SPORTS 6-015796 Page Part III Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III.................................................. 1 Briefly descrie the organization's mission: PARADO SPORTS REVOLUTIONIZES LIVES THROUGH ADAPTIVE CLIMBING OPPORTUNITIES THAT DEFY CONVENTION. Form 990 or 990-EZ?......................................................................................... Yes No If 'Yes,' descrie these new services on Schedule O. Did the organization cease conducting, or make significant changes in how it conducts, any program services?.... Yes No If 'Yes,' descrie these changes on Schedule O. 4 Descrie the organization's program service accomplishments for each of its three largest program services, as measured y expenses. Section 501(c)() and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4 a (Code: ) (Expenses SEE SCHEDULE O $,87. including grants of $ ) (Revenue $ ) 4 (Code: ) (Expenses $ including grants of $ ) (Revenue $ ) 4 c (Code: ) (Expenses $ including grants of $ ) (Revenue $ ) 4 d Other program services (Descrie in Schedule O.) (Expenses $ including grants of $ ) (Revenue $ ) 4 e Total program service expenses G,87. BAA TEEA010L 1/05/17 Form 990 (017)
Form 990 (017) PARADO SPORTS 6-015796 Page Part IV Checklist of Required Schedules 1 Is the organization descried in section 501(c)() or 4947(a)(1) (other than a private foundation)? If 'Yes,' complete Schedule A....................................................................................................... 1 Is the organization required to complete Schedule B, Schedule of Contriutors (see instructions)?...................... Yes No for pulic office? If 'Yes,' complete Schedule C, Part I............................................................... 4 Section 501(c)() organizations. Did the organization engage in loying activities, or have a section 501(h) election in effect during the tax year? If 'Yes,' complete Schedule C, Part II................................................... 4 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives memership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If 'Yes,' complete Schedule C, Part III....... 5 6 Part I............................................................................................................ 6 7 environment, historic land areas, or historic structures? If 'Yes,' complete Schedule D, Part II.......................... 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If 'Yes,' complete Schedule D, Part III...................................................................................... 8 9 services? If 'Yes,' complete Schedule D, Part IV.................................................................... 9 10 permanent endowments, or quasi-endowments? If 'Yes,' complete Schedule D, Part V................................ 10 11 or as applicale. a D, Part VI........................................................................................................ 11 a assets reported in Part, line 16? If 'Yes,' complete Schedule D, Part VII............................................ 11 c assets reported in Part, line 16? If 'Yes,' complete Schedule D, Part VIII........................................... 11 c d in Part, line 16? If 'Yes,' complete Schedule D, Part I............................................................ e Did the organization report an amount for other liailities in Part, line 5? If 'Yes,' complete Schedule D, Part...... 11 d 11 e f the organization's liaility for uncertain tax positions under FIN 48 (ASC 740)? If 'Yes,' complete Schedule D, Part.... 11 f 1 a Schedule D, Parts I and II...................................................................................... 1a if the organization answered 'No' to line 1a, then completing Schedule D, Parts I and II is optional................. 1 Is the organization a school descried in section 170()(1)(A)(ii)? If 'Yes,' complete Schedule E....................... 1 14 a Did the organization maintain an office, employees, or agents outside of the United States?........................... 14a at $100,000 or more? If 'Yes,' complete Schedule F, Parts I and IV.................................................. 15 Did the organization report on Part I, column (A), line, more than $5,000 of grants or other assistance to or for any foreign organization? If 'Yes,' complete Schedule F, Parts II and IV.................................................. 15 16 or for foreign individuals? If 'Yes,' complete Schedule F, Parts III and IV............................................. 16 17 column (A), lines 6 and 11e? If 'Yes,' complete Schedule G, Part I (see instructions).................................. 17 1 14 18 lines 1c and 8a? If 'Yes,' complete Schedule G, Part II.............................................................. 18 19 complete Schedule G, Part III...................................................................................... 19 BAA TEEA010L 08/08/17 Form 990 (017)
Form 990 (017) PARADO SPORTS 6-015796 Part IV Checklist of Required Schedules (continued) 0a Did the organization operate one or more hospital facilities? If 'Yes,' complete Schedule H............................ If 'Yes' to line 0a, did the organization attach a copy of its audited financial statements to this return?................ 1 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part I, column (A), line 1? If 'Yes,' complete Schedule I, Parts I and II...................... 1 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part I, column (A), line? If 'Yes,' complete Schedule I, Parts I and III..................................................... Schedule J....................................................................................................... 0a 0 Yes No 4 a the last day of the year, that was issued after Decemer 1, 00? If 'Yes,' answer lines 4 through 4d and complete Schedule K. If 'No, 'go to line 5a........................................................................ Did the organization invest any proceeds of tax-exempt onds eyond a temporary period exception?.................. 4a 4 c any tax-exempt onds?........................................................................................... d Did the organization act as an 'on ehalf of' issuer for onds outstanding at any time during the year?................. 5 a Section 501(c)(), 501(c)(4), and 501(c)(9) organizations. Did the organization engage in an excess enefit transaction with a disqualified person during the year? If 'Yes,' complete Schedule L, Part I........................... Schedule L, Part I................................................................................................. 4c 4d 5a 5 6 former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If 'Yes,' complete Schedule L, Part II............................................................................... 6 7 of any of these persons? If 'Yes,' complete Schedule L, Part III...................................................... 7 8 instructions for applicale filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If 'Yes,' complete Schedule L, Part IV.................. Schedule L, Part IV............................................................................................... 8a 8 c officer, director, trustee, or direct or indirect owner? If 'Yes,' complete Schedule L, Part IV............................ 9 Did the organization receive more than $5,000 in non-cash contriutions? If 'Yes,' complete Schedule M.............. 9 0 Did the organization receive contriutions of art, historical treasures, or other similar assets, or qualified conservation contriutions? If 'Yes,' complete Schedule M........................................................................ 0 1 Did the organization liquidate, terminate, or dissolve and cease operations? If 'Yes,' complete Schedule N, Part I....... 1 Schedule N, Part II................................................................................................ 01.7701- and 01.7701-? If 'Yes,' complete Schedule R, Part I.................................................... 4 Was the organization related to any tax-exempt or taxale entity? If 'Yes,' complete Schedule R, Part II, III, or IV, and Part V, line 1................................................................................................. 4 5 a Did the organization have a controlled entity within the meaning of section 51()(1)?................................ 5a If 'Yes' to line 5a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 51()(1)? If 'Yes,' complete Schedule R, Part V, line.......................... 8c 5 6 Section 501(c)() organizations. Did the organization make any transfers to an exempt non-charitale related organization? If 'Yes,' complete Schedule R, Part V, line.......................................................... 6 7 treated as a partnership for federal income tax purposes? If 'Yes,' complete Schedule R, Part VI...................... 7 8 Note. All Form 990 filers are required to complete Schedule O....................................................... 8 BAA Form 990 (017) TEEA0104L 08/08/17
Form 990 (017) PARADO SPORTS 6-015796 Page 5 Part V Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V.................................................... 1 a Enter the numer reported in Box of Form 1096. Enter -0- if not applicale.............. 1 a Enter the numer of Forms W-G included in line 1a. Enter -0- if not applicale............ 1 8 0 Yes No c (gamling) winnings to prize winners?.............................................................................. a Enter the numer of employees reported on Form W-, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered y this return..... a If at least one is reported on line a, did the organization file all required federal employment tax returns?............. Note. If the sum of lines 1a and a is greater than 50, you may e required to e-file (see instructions) a Did the organization have unrelated usiness gross income of $1,000 or more during the year?........................ a If 'Yes,' has it filed a Form 990-T for this year? If 'No' to line, provide an explanation in Schedule O....................................... 4 a financial account in a foreign country (such as a ank account, securities account, or other financial account)?......... 4 a 5 a Was the organization a party to a prohiited tax shelter transaction at any time during the tax year?................... 5 a Did any taxale party notify the organization that it was or is a party to a prohiited tax shelter transaction?............ 5 c If 'Yes,' to line 5a or 5, did the organization file Form 8886-T?...................................................... 5 c Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization 6 a solicit any contriutions that were not tax deductile as charitale contriutions?...................................... 6 a 1 c not tax deductile?................................................................................................ 7 Organizations that may receive deductile contriutions under section 170(c). Did the organization receive a payment in excess of $75 made partly as a contriution and partly for goods and a services provided to the payor?.................................................................................... If 'Yes,' did the organization notify the donor of the value of the goods or services provided?.......................... c Form 88?...................................................................................................... d If 'Yes,' indicate the numer of Forms 88 filed during the year.......................... 7 d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal enefit contract?.......... f Did the organization, during the year, pay premiums, directly or indirectly, on a personal enefit contract?.............. 6 7 a 7 7 c 7 e 7 f 8 g as required?...................................................................................................... If the organization received a contriution of cars, oats, airplanes, or other vehicles, did the organization file a h Form 1098-C?.................................................................................................... organization have excess usiness holdings at any time during the year?............................................. 8 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxale distriutions under section 4966?.................................. Did the sponsoring organization make a distriution to a donor, donor advisor, or related person?...................... 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contriutions included on Part VIII, line 1...................... Gross receipts, included on Form 990, Part VIII, line 1, for pulic use of clu facilities.... 11 Section 501(c)(1) organizations. Enter: a Gross income from memers or shareholders............................................ Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.)............................................ 1 a Section 4947(a)(1) non-exempt charitale trusts. Is the organization filing Form 990 in lieu of Form 1041?.............. 1 a If 'Yes,' enter the amount of tax-exempt interest received or accrued during the year....... 1 1 Section 501(c)(9) qualified nonprofit health insurance issuers. Is the organization licensed to issue qualified health plans in more than one state?................................... a Note. See the instructions for additional information the organization must report on Schedule O. Enter the amount of reserves the organization is required to maintain y the states in which the organization is licensed to issue qualified health plans.......................... c Enter the amount of reserves on hand................................................... 1 c 14 a Did the organization receive any payments for indoor tanning services during the tax year?............................ 14 a If 'Yes,' has it filed a Form 70 to report these payments? If 'No,' provide an explanation in Schedule O................ 14 BAA TEEA0105L 08/08/17 Form 990 (017) 10 a 10 11 a 11 1 7 g 7 h 9 a 9 1 a
Form 990 (017) PARADO SPORTS 6-015796 Page 6 Part VI Governance, Management, and Disclosure For each 'Yes' response to lines through 7 elow, and for a 'No' response to line 8a, 8, or 10 elow, descrie the circumstances, processes, or changes in Schedule O. See instructions. Check if Schedule O contains a response or note to any line in this Part VI.................................................. Section A. Governing Body and Management Yes No 1 a Enter the numer of voting memers of the governing ody at the end of the tax year...... If there are material differences in voting rights among memers 1 a 10 of the governing ody, or if the governing ody delegated road authority to an executive committee or similar committee, explain in Schedule O. Enter the numer of voting memers included in line 1a, aove, who are independent...... 1 9 officer, director, trustee, or key employee?.... SEE...... SCHEDULE.............. O................................................. of officers, directors, or trustees, or key employees to a management company or other person?...................... 4 5 6 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?................................................................................ 4 Did the organization ecome aware during the year of a significant diversion of the organization's assets?.............. 5 Did the organization have memers or stockholders?................................................................ 6 7 a memers of the governing ody?.................................................................................. Are any governance decisions of the organization reserved to (or suject to approval y) memers, stockholders, or persons other than the governing ody?............................................................ 7 a 7 8 the following: a The governing ody?.............................................................................................. Each committee with authority to act on ehalf of the governing ody?............................................... 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot e reached at the organization's mailing address? If 'Yes,' provide the names and addresses in Schedule O............................. 9 Section B. Policies (This Section B requests information aout policies not required y the Internal Revenue Code.) Yes No 10 a Did the organization have local chapters, ranches, or affiliates?..................................................... 10 a If 'Yes,' did the organization have written policies and procedures governing the activities of such chapters, affiliates, and ranches to ensure their operations are consistent with the organization's exempt purposes?................................................................ 11 a Has the organization provided a complete copy of this Form 990 to all memers of its governing ody efore filing the form?...................... 11 a Descrie in Schedule O the process, if any, used y the organization to review this Form 990. SEE SCHEDULE O 1 a Did the organization have a written conflict of interest policy? If 'No,' go to line 1.................................... 1 a 8 a 8 10 to conflicts?...................................................................................................... c Schedule O how this was done..................................................................................... 1 Did the organization have a written whistlelower policy?............................................................ 1 14 Did the organization have a written document retention and destruction policy?....................................... 14 15 persons, comparaility data, and contemporaneous sustantiation of the delieration and decision? a The organization's CEO, Executive Director, or top management official.............................................. Other officers or key employees of the organization................................................................. 15 If 'Yes' to line 15a or 15, descrie the process in Schedule O (see instructions). 16 a Did the organization invest in, contriute assets to, or participate in a joint venture or similar arrangement with a taxale entity during the year?..................................................................................... 1 1 c 15 a 16 a participation in joint venture arrangements under applicale federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements?.................................................... Section C. Disclosure 17 NONE 18 Section 6104 requires an organization to make its Forms 10 (or 104 if applicale), 990, and 990-T (Section 501(c)()s only) availale Own wesite Another's wesite Upon request 19 Descrie in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements availale to the pulic during the tax year. SEE SCHEDULE O 0 G SHELLEY BROOK 0 ELDORADO SPRINGS DR ELDORADO SPRINGS CO 8005 70-68-559 BAA TEEA0106L 08/08/17 Form 990 (017) 16
Form 990 (017) PARADO SPORTS 6-015796 Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII................................................. Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1 a? List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.? List all of the organization's current key employees, if any. See instructions for definition of 'key employee.'? List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportale compensation (Box 5 of Form W- and/or Box 7 of Form 1099-MISC) of more than $100,000 from the? List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 organization, more than $10,000 of reportale compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. (C) Position (do not check more (A) (B) than one ox, unless person (D) (E) (F) Name and Title Average is oth an officer and a Reportale Reportale Estimated hours director/trustee) compensation from compensation from amount of other per the organization related organizations compensation week (W-/1099-MISC) (W-/1099-MISC) from the (list any organization hours for and related related organizations organizations elow dotted line) (1) () () (4) (5) (6) (7) (8) (9) (10) (11) (1) (1) (14) DENNIS J SKELTON 4 VICE CHAIR 0 0. 0. 0. MAURY BIRDWELL BOARD MEMBER 0 0. 0. 0. NATE MCKENZIE 5 BOARD MEMBER 0 7,75. 0. 0. DAVE ELMORE 5 BOARD CHAIR 0 0. 0. 0. TRINITY LUDWIG 5 TREASURER 0 0. 0. 0. CHRISTINA FRAIN BOARD MEMBER 0 0. 0. 0. ADAM FISHER 40 DIRECTOR 0 9,18. 0.,477. MIKE NEUSTEDTER 40 EECUTIVE DIR. 0 56,611. 0.,480. REBECCA BOOZAN BOARD MEMBER 0 0. 0. 0. CRAIG SMITH BOARD MEMBER 0 0. 0. 0. PRICE FLOYD BOARD MEMBER 0 0. 0. 0. JACK SWIFT BOARD MEMBER 0 0. 0. 0. SHELLEY BROOK 40 OPERATIONS MGR 0 9,548. 0.,480. BAA TEEA0107L 08/08/17
Form 990 (017) PARADO SPORTS 6-015796 Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) Name and title (B) (C) Position Average (do not check more than one (D) (E) (F) hours ox, unless person is oth an Reportale Reportale Estimated per officer and a director/trustee) compensation from compensation from amount of other week the organization related organizations compensation (list any (W-/1099-MISC) (W-/1099-MISC) from the hours organization for and related related organizations organiza - tions elow dotted line) (15) (16) (17) (18) (19) (0) (1) () () (4) (5) 1 Su-total................................................................. G c Total from continuation sheets to Part VII, Section A....................... G d Total (add lines 1 and 1c)................................................ G from the organization G 0 14,75. 0. 14,75. Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If 'Yes,' complete Schedule J for such individual......................................................... 4 For any individual listed on line 1a, is the sum of reportale compensation and other compensation from the organization and related organizations greater than $150,000? If 'Yes,' complete Schedule J for such individual.................................................................................................... 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If 'Yes,' complete Schedule J for such person............................... Section B. Independent Contractors 1 Complete this tale for your five highest compensated independent contractors that received more than $100,000 of 0. 0. 0. 4 5 7,47. 0. 7,47. Yes No (A) (B) (C) Name and usiness address Description of services Compensation BAA $100,000 of compensation from the organization G 0 TEEA0108L 08/08/17 Form 990 (017)
Form 990 (017) PARADO SPORTS 6-015796 Part VIII Statement of Revenue Check if Schedule O contains a response or note to any line in this Part VIII................................................. 1 a Federated campaigns.......... 1 a Memership dues............. 1 c Fundraising events............ 1 c d Related organizations......... 1 d e Government grants (contriutions)..... f All other contriutions, gifts, grants, and similar amounts not included aove.... 1 f 1,445. g $ 4,996. h Total. Add lines 1a-1f................................ G a c d 1 e Business Code e f All other program service revenue.... g Total. Add lines a-f................................ G 4 5 Investment income (including dividends, interest and other similar amounts)............................... G Income from investment of tax-exempt ond proceeds.. G. Royalties........................................... (i) Real (ii) Personal 6 a Gross rents.......... Less: rental expenses c Rental income or (loss).... d Net rental income or (loss)........................... G Gross amount from sales of 7 a assets other than inventory (i) Securities (ii) Other Less: cost or other asis and sales expenses....... c Gain or (loss)........,944. 147. d Net gain or (loss)................................... G 8 a Gross income from fundraising events (not including. $,85. of contriutions reported on line 1c). See Part IV, line 18................ a 7,500. Less: direct expenses.............. 14,56. c Net income or (loss) from fundraising events.......... G Gross income from gaming activities. 9 a See Part IV, line 19................ a Less: direct expenses.............. c Net income or (loss) from gaming activities........... G 10 a Gross sales of inventory, less returns and allowances.................... a 88. Less: cost of goods sold............ 1,55. c Net income or (loss) from sales of inventory.......... G 11 a PROGRAM SERVICES Miscellaneous Revenue 4,091.,85. Business Code G (A) (B) (C) (D) Total revenue Related or Unrelated Revenue exempt usiness excluded from tax function revenue under sections revenue 51-514 44,70. 81900 5,147. 5,147. 5,147... 147. 147. -7,06. -967. -967. c d All other revenue................... e Total. Add lines 11a-11d............................. G 1 Total revenue. See instructions...................... G 88,996. 51,18. 0. 147. BAA TEEA0109L 08/08/17 Form 990 (017)
Form 990 (017) PARADO SPORTS 6-015796 Page 10 Part I Statement of Functional Expenses Check if Schedule O contains a response or note to any line in this Part I........................................... Do not include amounts reported on lines Total expenses (A) (B) (C) (D) Program service Management and 6, 7, 8, 9, and 10 of Part VIII. Fundraising expenses general expenses expenses 1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 1........................ Grants and other assistance to domestic individuals. See Part IV, line............. Grants and other assistance to foreign eign individuals. See Part IV, lines 15 and 16 4 Benefits paid to or for memers............. 5 Compensation of current officers, directors, trustees, and key employees................ 6 Compensation not included aove, to disqualified persons (as defined under section 4958(f)(1)) and persons descried in section 4958(c)()(B).................... 7 Other salaries and wages................... 8 Pension plan accruals and contriutions (include section 401(k) and 40() employer contriutions).................... 9 Other employee enefits................... 10 Payroll taxes.............................. 11 Fees for services (non-employees): a Management.............................. Legal...................................... c Accounting................................ d Loying.................................. e Professional fundraising services. See Part IV, line 17... f Investment management fees............... g (A) amount, list line 11g expenses on Schedule O.)..... 1 Advertising and promotion.................. 1 Office expenses............................ 14 Information technology..................... 15 16 Royalties.................................. Occupancy................................ 17 Travel..................................... 18 Payments of travel or entertainment expenses for any federal, state, or local pulic officials............................. 19 0 1 Conferences, conventions, and meetings.... Interest.................................... Payments to affiliates...................... Depreciation, depletion, and amortization.... Insurance................................. 4 Other expenses. Itemize expenses not covered aove (List miscellaneous expenses in line 4e. If line 4e amount exceeds 10% of line 5, column (A) amount, list line 4e expenses on Schedule O.).................. a COURSE EPENSES DONOR RELATIONS c INTERNET SERVICE PROVIDERS d ONLINE FEES e All other expenses......................... 5 Total functional expenses. Add lines 1 through 4e.... 6 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a comined educational campaign and fundraising solicitation. Check here G if following SOP 98- (ASC 958-70)................... BAA TEEA0110L 08/08/17 95,89. 7,185. 5,661. 16,98. 0. 0. 0. 0. 44,016. 7,50.,05. 4,561. 7,40. 5,86. 419. 1,148. 11,165. 8,77. 67. 1,70. 4,68.,0.. 1,615.,867. 1,787. 14. 1,97.,601. 774. 1,171. 656. 8,000. 5,00. 560.,40.,51.,51. 6. 147. 147.. 11,905. 11,497. 5. 18. 7,564. 7,564. 8,601. 8,601. 8,007.,60. 1,476.,171. 4,647. 601. 4,046. 9,718.,08. 1,60. 5,077. 00,448.,87. 14,605. 51,970.
Form 990 (017) PARADO SPORTS 6-015796 Page 11 Part Balance Sheet Check if Schedule O contains a response or note to any line in this Part.................................................. (A) Beginning of year (B) End of year 1 Cash ' non-interest-earing.................................................. 115,448. 1 07,948. Savings and temporary cash investments...................................... 4,967. 9,058. Pledges and grants receivale, net............................................ 4 Accounts receivale, net...................................................... 5,000. 4 64,000. 5 6 Loans and other receivales from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L......................................................... 5 Loans and other receivales from other disqualified persons (as defined under eneficiary organizations (see instructions). Complete Part II of Schedule L...... 6 7 Notes and loans receivale, net............................................... 7 8 Inventories for sale or use.................................................... 1,75. 8 510. 9 Prepaid expenses and deferred charges....................................... 9 10 a Land, uildings, and equipment: cost or other asis. Complete Part VI of Schedule D.................... 10 a 4,6. Less: accumulated depreciation.................... 10 1,69. 468. 10 c,64. 11 Investments ' pulicly traded securities....................................... 11 1 Investments ' other securities. See Part IV, line 11............................ 1 1 Investments ' program-related. See Part IV, line 11........................... 1 14 Intangile assets............................................................. 14 15 Other assets. See Part IV, line 11............................................. 15 1,05. 16 Total assets. Add lines 1 through 15 (must equal line 4)....................... 174,158. 16 85,0. 17 Accounts payale and accrued expenses...................................... 17 18 Grants payale............................................................... 18 19 Deferred revenue............................................................. 19 0 Tax-exempt ond liailities................................................... 0 1 Escrow or custodial account liaility. Complete Part IV of Schedule D........... 1 Loans and other payales to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II of Schedule L................................................ Secured mortgages and notes payale to unrelated third parties................ 4 Unsecured notes and loans payale to unrelated third parties................... 4 5 Other liailities (including federal income tax, payales to related third parties, and other liailities not included on lines 17-4). Complete Part of Schedule D. 10,06. 5,559. 6 Total liailities. Add lines 17 through 5....................................... 10,06. 6,559. and complete 7 Unrestricted net assets....................................................... 164,095. 7 5,64. 8 Temporarily restricted net assets.............................................. 8 9 Permanently restricted net assets............................................. 9 and complete lines 0 through 4. 0 Capital stock or trust principal, or current funds................................ 0 1 Paid-in or capital surplus, or land, uilding, or equipment fund.................. 1 Retained earnings, endowment, accumulated income, or other funds............ Total net assets or fund alances............................................. 164,095. 5,64. 4 Total liailities and net assets/fund alances................................... 174,158. 4 85,0. BAA Form 990 (017) TEEA0111L 08/08/17
Form 990 (017) PARADO SPORTS 6-015796 Page 1 Part I Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this Part I.................................................. 1 Total revenue (must equal Part VIII, column (A), line 1)................................................. 1 Total expenses (must equal Part I, column (A), line 5)................................................. Revenue less expenses. Sutract line from line 1...................................................... 4 Net assets or fund alances at eginning of year (must equal Part, line, column (A)).................. 4 5 Net unrealized gains (losses) on investments............................................................ 5 6 Donated services and use of facilities................................................................... 6 7 Investment expenses................................................................................... 7 8 Prior period adjustments............................................................................... 8 9 Other changes in net assets or fund alances (explain in Schedule O)..................................... 9 88,996. 00,448. 88,548. 164,095. 0. 10 column (B))........................................................................................... 10 Part II Financial Statements and Reporting 5,64. 1 Check if Schedule O contains a response or note to any line in this Part II................................................. Accounting method used to prepare the Form 990: Cash Accrual Other If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule O. a Were the organization's financial statements compiled or reviewed y an independent accountant?.................... a If 'Yes,' check a ox elow to indicate whether the financial statements for the year were compiled or reviewed on a separate asis, consolidated asis, or oth: Separate asis Consolidated asis Both consolidated and separate asis Were the organization's financial statements audited y an independent accountant?.................................. If 'Yes,' check a ox elow to indicate whether the financial statements for the year were audited on a separate asis, consolidated asis, or oth: Separate asis Consolidated asis Both consolidated and separate asis c review, or compilation of its financial statements and selection of an independent accountant?......................... If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. a Audit Act and OMB Circular A-1?................................................................................ a BAA or audits, explain why in Schedule O and descrie any steps taken to undergo such audits............................ c Yes No Form 990 (017) TEEA011L 08/08/17
SCHEDULE A (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service Name of the organization Pulic Charity Status and Pulic Support Complete if the organization is a section 501(c)() organization or a section 4947(a)(1) nonexempt charitale trust. G Attach to Form 990 or Form 990-EZ. G Go to www.irs.gov/form990 for instructions and the latest information. Employer identification numer PARADO SPORTS 6-015796 Part I Reason for Pulic Charity Status (All organizations must complete this part.) See instructions. The organization is not a private foundation ecause it is: (For lines 1 through 1, check only one ox.) 1 4 A hospital or a cooperative hospital service organization descried in section 170()(1)(A)(iii). OMB No. 1545-0047 017 Open to Pulic Inspection A medical research organization operated in conjunction with a hospital descried in section 170()(1)(A)(iii). Enter the hospital's name, city, and state: 5 An organization operated for the enefit of a college or university owned or operated y a governmental unit descried in section 170()(1)(A)(iv). (Complete Part II.) 6 A federal, state, or local government or governmental unit descried in section 170()(1)(A)(v). 7 8 9 10 11 in section 170()(1)(A)(vi). (Complete Part II.) A community trust descried in section 170()(1)(A)(vi). (Complete Part II.) university: from activities related to its exempt functions'suject to certain exceptions, and () no more than -1/% of its support from gross investment income and unrelated usiness taxale income (less section 511 tax) from usinesses acquired y the organization after June 0, 1975. See section 509(a)(). (Complete Part III.) An organization organized and operated exclusively to test for pulic safety. See section 509(a)(4). 1 An organization organized and operated exclusively for the enefit of, to perform the functions of, or to carry out the purposes of one or more pulicly supported organizations descried in section 509(a)(1) or section 509(a)(). See section 509(a)(). Check the ox in lines 1a through 1d that descries the type of supporting organization and complete lines 1e, 1f, and 1g. a complete Part IV, Sections A and B. Type II. A supporting organization supervised or controlled in connection with its supported organization(s), y having control or c d e f g must complete Part IV, Sections A and C. organization(s) (see instructions). You must complete Part IV, Sections A, D, and E. functionally integrated. The organization generally must satisfy a distriution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V. Check this ox if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization. Enter the numer of supported organizations......................................................................... Provide the following information aout the supported organization(s). (i) Name of supported organization (ii) EIN (iii) Type of organization (iv) Is the (v) Amount of monetary (vi) Amount of other (descried on lines 1-10 organization listed support (see instructions) support (see instructions) aove (see instructions)) in your governing document? Yes No (A) (B) (C) (D) (E) Total BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990 or 990-EZ) 017 TEEA0401L 08/10/17
Schedule A (Form 990 or 990-EZ) 017 PARADO SPORTS 6-015796 Part II Support Schedule for Organizations Descried in Sections 170()(1)(A)(iv) and 170()(1)(A)(vi) organization fails to qualify under the tests listed elow, please complete Part III.) Section A. Pulic Support Calendar year (or fiscal year eginning in) G 1 Gifts, grants, contriutions, and memership fees received. (Do not include any 'unusual grants.')........ Tax revenues levied for the organization's enefit and either paid to or expended on its ehalf.................. The value of services or facilities furnished y a governmental unit to the organization without charge.... 4 Total. Add lines 1 through... 5 The portion of total contriutions y each person (other than a governmental unit or pulicly supported organization) included on line 1 that exceeds % of the amount shown on line 11, column (f)... 6 Pulic support. Sutract line 5 from line 4................... (a) 01 () 014 (c) 015 (d) 016 (e) 017 (f) Total Section B. Total Support Calendar year (or fiscal year eginning in) G 7 Amounts from line 4.......... Gross income from interest, 8 dividends, payments received on securities loans, rents, royalties, and income from similar sources............... Net income from unrelated 9 usiness activities, whether or not the usiness is regularly carried on.................... Other income. Do not include 10 gain or loss from the sale of capital assets (Explain in Part VI.)...................... (a) 01 () 014 (c) 015 (d) 016 (e) 017 (f) Total 11 Total support. Add lines 7 1 through 10.................... Gross receipts from related activities, etc. (see instructions).................................................. 1 1 organization, check this ox and stop here.................................................................................... G Section C. Computation of Pulic Support Percentage 14 Pulic support percentage for 017 (line 6, column (f) divided y line 11, column (f))........................... 14 % 15 Pulic support percentage from 016 Schedule A, Part II, line 14............................................. 15 % 16a -1/% support test'017. If the organization did not check the ox on line 1, and line 14 is -1/% or more, check this ox and stop here. The organization qualifies as a pulicly supported organization................................................... G -1/% support test'016. If the organization did not check a ox on line 1 or 16a, and line 15 is -1/% or more, check this ox and stop here. The organization qualifies as a pulicly supported organization................................................... G 17a 10%-facts-and-circumstances test'017. If the organization did not check a ox on line 1, 16a, or 16, and line 14 is 10% or more, and if the organization meets the 'facts-and-circumstances' test, check this ox and stop here. Explain in Part VI how the organization meets the 'facts-and-circumstances' test. The organization qualifies as a pulicly supported organization.......... G 10%-facts-and-circumstances test'016. If the organization did not check a ox on line 1, 16a, 16, or 17a, and line 15 is 10% or more, and if the organization meets the 'facts-and-circumstances' test, check this ox and stop here. Explain in Part VI how the organization meets the 'facts-and-circumstances' test. The organization qualifies as a pulicly supported organization.............. G 18 Private foundation. If the organization did not check a ox on line 1, 16a, 16, 17a, or 17, check this ox and see instructions... G BAA Schedule A (Form 990 or 990-EZ) 017 TEEA040L 08/10/17
PARADO SPORTS 6-015796 Part III Support Schedule for Organizations Descried in Section 509(a)() (Complete only if you checked the ox on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed elow, please complete Part II.) Section A. Pulic Support (a) 01 () 014 (c) 015 (d) 016 (e) 017 (f) Total 1 Gifts, grants, contriutions, and memership fees received. (Do not include any 'unusual grants.')......... 177,18. 141,417. 5,95. 49,474. 7,445. 1,141,444. performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose........... Gross receipts from activities that are not an unrelated trade or usiness under section 51. 4 Tax revenues levied for the organization's enefit and either paid to or expended on its ehalf..................... 5 The value of services or facilities furnished y a governmental unit to the organization without charge.... 6 Total. Add lines 1 through 5... 7a Amounts included on lines 1,, and received from disqualified persons........... Amounts included on lines and received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 1 for the year................... c Add lines 7a and 7........... 8 Pulic support. (Sutract line 7c from line 6.)............... Section B. Total Support Calendar year (or fiscal year eginning in) G 9 Amounts from line 6.......... 10a payments received on securities loans, rents, royalties, and income from similar sources.................. Unrelated usiness taxale income (less section 511 taxes) from usinesses acquired after June 0, 1975... c Add lines 10a and 10......... 11 Net income from unrelated usiness activities not included in line 10, whether or not the usiness is regularly carried on............... 1 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)...................... 1 Total support. (Add Iines 9, 10c, 11, and 1.).............. (a) 01 () 014 (c) 015 (d) 016 (e) 017 (f) Total 181,667. 141,417. 5,95. 49,474. 7,445. 1,145,98. 181,681. 141,48. 5,96. 49,474. 7,445. 1,145,964. 14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)() organization, check this ox and stop here.................................................................................... G Section C. Computation of Pulic Support Percentage 15 Pulic support percentage for 017 (line 8, column (f) divided y line 1, column (f))........................... 15 100.00 % 16 Pulic support percentage from 016 Schedule A, Part III, line 15............................................. 16 99.99 % Section D. Computation of Investment Income Percentage 17 Investment income percentage for 017 (line 10c, column (f) divided y line 1, column (f)).................... 17 0.00 % 18 Investment income percentage from 016 Schedule A, Part III, line 17........................................ 18 0.01 % 19a -1/% support tests'017. If the organization did not check the ox on line 14, and line 15 is more than -1/%, and line 17 is not more than -1/%, check this ox and stop here. The organization qualifies as a pulicly supported organization........... G -1/% support tests'016. If the organization did not check a ox on line 14 or line 19a, and line 16 is more than -1/%, and line 18 is not more than -1/%, check this ox and stop here. The organization qualifies as a pulicly supported organization..... G 0 Private foundation. If the organization did not check a ox on line 14, 19a, or 19, check this ox and see instructions............. G BAA 4,484. 4,484. 0. 181,667. 141,417. 5,95. 49,474. 7,445. 1,145,98. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. TEEA040L 08/10/17 Schedule A (Form 990 or 990-EZ) 017 0. 0. 1,145,98. 14. 11. 11. 6. 0. 14. 11. 11. 0. 0. 6. 0. 0.