Boardwalk Basketball Classic Inc is located in Wildwood, NJ. The organization was established in 2001. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Boardwalk Basketball Classic 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 12/2021, Boardwalk Basketball Classic Inc generated $36.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $25.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 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
TO RAISE FUNDS FOR SCHOLARSHIPS TO LOCAL STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
E Troiano President | 0 | $0 | |
Jodie Di Eduardo Treasurer | 0 | $0 | |
F Accardi Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,740 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $66 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $580 |
Other Revenue | $0 |
Total Revenue | $36,386 |
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 | $4,500 |
Other expenses | $14,112 |
Total expenses | $25,400 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,468 |
Other assets | $0 |
Total assets | $81,468 |
Total liabilities | $9,646 |
Net assets or fund balances | $71,822 |
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