Youthoop Of Sag Harbor Inc
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sag Harbor, NY
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 11-2931023
Organization Overview
Youthoop Of Sag Harbor Inc is located in Sag Harbor, NY. The organization was established in 2019. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youthoop Of Sag Harbor 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 12/2022, Youthoop Of Sag Harbor Inc generated $30.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $25.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 4 years. 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
THE OBJECT AND PURPOSE OF THIS CORPORATION SHALL BE TO PROMOTE SPORTS COMPETITIONS, FOR THE BENEFIT OF ITS MEMBERS AND GUESTS, PROMOTE SOCIAL INTERCOURSE, FURTHER ATHLETIC EXCERCISES AND SPORTS, INCLUDING BUT NOT LIMITED TO BASKETBALL AND TO ENGAGE GENERALLY IN ANY CAUSES OR OBJECTES SIMILAR TO THE ABOVE MENTIONED IN ORDER TO PROMOTE THE CULTURAL, SOCIAL AND ATHLETIC TALENS, PARTICULARLY BASKETBALL, OF ITS MEMBERS IN NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cottrell Secretary 2 | 2 | $0 | |
Erica Arnold Director | 2 | $0 | |
Melissa Lynch President | 2 | $0 | |
Austin Drill Director | 2 | $0 | |
Shawn Mitchell Vice Preside | 2 | $0 | |
Jonathan Frederic Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,450 |
| Total Program Service Revenue | $25,122 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,572 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $23,805 |
| Total expenses | $25,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,148 |
| Other assets | $0 |
| Total assets | $32,148 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,148 |