Rockaway Rockets Football Association Inc
- Assets
- $180.8k
- Revenue
- $199.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockaway, NJ
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 20-2990972
Organization Overview
Rockaway Rockets Football Association Inc is located in Rockaway, NJ. The organization was established in 2008. According to its NTEE Classification (N65) the organization is classified as: Football, 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. Rockaway Rockets Football Association 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, Rockaway Rockets Football Association Inc generated $199.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $191.3k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION SERVICES APPROXIMATELY FOUR HUNDRED CHILDREN IN THE COMMUNITY. THE ASCOMMUNITY ASSOCIATION WAS CREATED TO PROMOTE THE SPORTSMANSHIP AND TEAMWORK AMONG ITS MEMBERS AND PROMOTE INDIVIDUAL SELF ESTEEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROCKAWAY ROCKETS BOOSTERS CLUB HAD INCOME FROM THE FOLLOWING SORCES: CONCESSION STAND INCOME, GOLF OUTING, DINNER INCOME AND SALES OF FAN GEAR AND APPAREL. THE BOOSTER CLUB EXPENSES WERE: FOOD COST, AWARDS AND TROPHIES, GOLF OUTING EXPENSES, CATERING, VIDEO EXPENSE, PROMOTION AND APPAREL COSTS. THE PROCEEDS FROM THE BOOSTERS CLUB WERE USED TO PURCHASE NEW EQUIPMENT, WHICH IS USED TO MAINTAIN THE SAFETY OF THE PLAYERS ON THE FIELD AND ENHANCE THE OVERALL EXPERIENCE OF PLAYERS.
THE ANNUAL CORPORATE SIGN UPS WAS ESTABLISHED AND LOCAL BUSINESSES PROVIDE SPONSORSHIP FOR VARIOUS ADVERTISED EVENTS. THE PROCEEDS FROM THE CORPORATE SPONSORSHIPS WAS USED PRIMARILY FOR FIELD MAINTENANCE AND PURCHASE FIELD AND SAFETY EQUIPMENT FOR THE ORGANIZATION.
FOOTBALL, CHEER, AND 50/50 INCOME WAS GENERATED AT ALL GAMES PLAYED DURING THE FOOTBALL SEASON. THE TOWN CONTRIBUTED A SPECIFIC AMOUNT FOR THE ENTIRE SEASON. THE EXPENSES FOR THE FOOTBALL SEAESON WERE USED TO PURCHASE EQUIPMENT, UNIFORMS, TRAINERS AND REFEREES DURING THE SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Walter President | Officer | 10 | $0 |
Tim Fortune Treasurer | Officer | 10 | $0 |
Fred West Secretary | Officer | 10 | $0 |
Mike Petro Director | Trustee | 5 | $0 |
Kerri Boralsky Director | Trustee | 5 | $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 | $199,419 |
| 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 | $199,419 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $191,336 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $191,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,839 |
| 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 | $180,839 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $180,839 |
| 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 | $180,839 |
| Net assets without donor restrictions | $0 |
| 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 | $180,839 |