Demarest Athletic Association is located in Demarest, NJ. The organization was established in 1988. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Demarest Athletic Association 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 12/2021, Demarest Athletic Association generated $100.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE ATHLETIC PROGRAMS OFFERED TO THE CHILDREN OF DEMAREST ARE FUNDED BY THESE REVENUES (BASEBALL/SOFTBALL, SOCCER AND BASKETBALL REGISTRATION FEES). THE PROGRAMS ARE DESIGNED TO DEVELOP THE CHILDREN PHYSICALLY AND MENTALLY IN THE IDEALS OF GOOD SPORTSMANSHIP, TEAMWORK AND TO BECOME GOOD CITIZENS. ALL COACHES, MANAGERS, AND ADMINISTRATIVE STAFF VOLUNTEER THEIR TIME AND EXPERTISE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Lewis Vice President | 0 | $0 | |
Steven J Conti Treasurer | 0 | $0 | |
Michael Dipple President | 0 | $0 | |
Rafi Buchnick Secretary | 0 | $0 | |
David Aboudi Trustee | 0 | $0 | |
Don Morgan Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $100,733 |
Membership dues | $0 |
Investment income | $22 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $100,755 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $114 |
Other expenses | $62,238 |
Total expenses | $62,352 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $153,129 |
Other assets | $0 |
Total assets | $153,129 |
Total liabilities | $0 |
Net assets or fund balances | $153,129 |
Over the last fiscal year, we have identified 1 grants that Demarest Athletic Association has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Schwartz Fam Foundation Tr New York, NY PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $3,000 |
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