Howell Basketball Club Inc
- Assets
- $61.7k
- Revenue
- $37.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmingdale, NJ
- Founding
- 04/2005
- Data as of
- 08/2021
- EIN
- 20-1597292
Organization Overview
Howell Basketball Club Inc is located in Farmingdale, NJ. The organization was established in 2005. 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. Howell Basketball 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 08/2021, Howell Basketball Club Inc generated $37.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $67.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE A BASKETBALL PROGRAM FOR APPROXIMATELY 1,500 CHILDREN IN GRADES 1 THRU 12. THE PROGRAM FORMS LEAGUES TO TEACH AND DEVELOP SKILLS AND TO IMPLANT IDEALS OF SPORTSMANSHIP, TEAMWORK AND A SENSE OF COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES AN INSTRUCTIONAL BASKETBALL PROGRAM FOR CHILDREN IN GRADES 1 THRU 12. THE ORGANIZATION FORMS LEAGUES IN ORDER TO TEACH & DEVELOP SKILLS TO CHILDREN AND TO IMPLANT IDEALS OF GOOD SPORTSMANSHIP, HONESTY, LOYALTY, COURAGE AND THE RESPECT FOR AUTHORITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Greene Secretary | Officer | $0 | |
Melodie Orloff Vice Preside | Officer | $0 | |
Michael Mcgarry Vice Preside | Officer | $0 | |
Jennifer Jarecki Dir Of Facil | Officer | $0 | |
Chris Roberts Dir It Commu | Officer | $0 | |
Justin Vogel Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,766 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,416 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $136 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,116 |
| All other expenses | $13,135 |
| Total functional expenses | $67,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,718 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $61,718 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $61,718 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $61,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Philadelphia Youth Basketball Inc Philadelphia, PA | $5,613,028 | $5,515,236 |
North Pittsburgh Youth Hockey Association Warrendale, PA | $437,392 | $1,288,322 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Renegades Southampton, PA | $191,636 | $540,042 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
Ozanam Inc Pittsburgh, PA | $112,496 | $419,233 |
Mvp Basketball Camps Inc White Plains, NY | $162,806 | $376,016 |
Holcombe Rucker Community League Inc New York, NY | $577,066 | $46,158 |
Palisades Elite Stony Point, NY | $0 | $319,459 |
Mission 5 & 2 Ardmore, PA | $99 | $236,614 |