Broad Channel Athletic Club Inc
- Assets
- $413.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broad Channel, NY
- Founding
- 08/1983
- Data as of
- 09/2022
- EIN
- 11-2581922
Organization Overview
Broad Channel Athletic Club Inc is located in Broad Channel, NY. The organization was established in 1983. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broad Channel Athletic Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Broad Channel Athletic Club Inc generated $179.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $239.8k during the year ending 09/2022. While expenses have increased by 7.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
YOUTH SPORTS TEAMS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,931 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,931 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,500 |
| Occupancy, rent, utilities, and maintenance | $120 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $232,139 |
| Total expenses | $239,759 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $413,618 |
| Other assets | $0 |
| Total assets | $413,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $413,618 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Broad Channel Athletic Club Inc has recieved totaling $3,100.
| Awarding Organization | Amount |
|---|---|
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 07/25/21 | $2,600 |
Al & Peggy Dematteis Family Foundation Manhasset, NY PURPOSE: GENERAL CHARITABLE FUNDING | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Police Athletic League Inc New York, NY | $36,398,087 | $28,810,897 |
Manhattan Youth Recreation And Resources Inc New York, NY | $17,184,242 | $19,141,924 |
Sephardic Community Youth Center Brooklyn, NY | $72,169,796 | $17,975,881 |
Alliance Community Healthcare Inc Jersey City, NJ | $11,068,751 | $12,649,986 |
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Boys And Girls Clubs Of Northwest New Jersey Inc Wayne, NJ | $6,341,949 | $5,450,111 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Vagabond Missions Pittsburgh, PA | $2,255,998 | $3,415,879 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |