Greater Glens Falls Amateur Athletic Championships Association is located in Queensbury, NY. The organization was established in 2008. 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. Greater Glens Falls Amateur Athletic Championships 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 06/2022, Greater Glens Falls Amateur Athletic Championships Association generated $9.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $40.2k during the year ending 06/2022. While expenses have increased by 13.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZED FOR THE PURPOSE OF FOSTERING SPORTS COMPETITION. EACH YEAR THE ORGANIZATION HELPS TO RAISE MONEY IN ORDER TO FUND THE NEW YORK HIGH SCHOOL BASKETBALL CHAMPIONSHIP. THE MONEY RAISED WAS USED TO SECURE THE FACILITY ALONG WITH ADVERTISING FOR THE TOURNAMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arthur Corlew Vice-Preside | 0.1 | $0 | |
Michael Borgos Director | 0.1 | $0 | |
Daniel Burke President | 0.5 | $0 | |
William Jeffreys Treasurer | 0.3 | $0 | |
Tim Lasarso Secretary | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,571 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $21 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,592 |
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 | $275 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $39,935 |
Total expenses | $40,210 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,994 |
Other assets | $0 |
Total assets | $23,994 |
Total liabilities | $0 |
Net assets or fund balances | $23,994 |
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