Courts Of Dreams Inc
- Assets
- $32.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2008
- Data as of
- 12/2020
- EIN
- 26-1088150
Organization Overview
Courts Of Dreams Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Courts Of Dreams Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF COURTS OF DREAMS INC. ARE FOLLOWS:BUILDING AND RESTORING BASKETBALL COURTS FOR CHILDREN AROUND THE WORLD; PROVIDING ATHLETIC AND RECREATIONAL PROGRAMS THAT FOSTER HEALTHY LIVING AND PROMOTE THE VALUE OF TEAMWORK; MUTUAL RESPECT AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THIS PROGRAM THE GOAL IS TO RESTORE AND MAINTAIN OUTDOOR BASKETBALL COURTS FOR CHILDREN IN NYC NEIGHBORHOODS.ULTIMATE GAME PLAN IS TO START IN NEW YORK CITY AND REPLICATE THE PROGRAM THROUGHOUT OUR NBA CITIES. LIKE MANY CITIES AROUND THE COUNTRY, NYC IS FILLED WITH BROKEN DOWN COURTS THAT ARE UNINVITING TO CHILDREN AND IN DESPERATE NEED OF REPAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fitzgerald Treasurer & Director | 1 | $0 | |
Marc Cornstein Vice-Chairman & Director | 1 | $0 | |
Natasha Cornstein Chairman & Director | 1 | $0 | |
Sheila Cornstein Secretary & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24 |
| Total operating and administrative expenses | $24 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $24 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,521 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,521 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Courts Of Dreams Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
David And Sheila Cornstein Foundation Palm Beach, FL PURPOSE: CHARITABLE | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Horizons National Student Enrichment Program Inc Westport, CT | $6,013,839 | $4,724,137 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |
Youthbuild Newark Newark, NJ | $8,371,396 | $7,058,437 |