New Flexhoops Inc is located in mt vernon, NY. The organization was established in 2008. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. New Flexhoops 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 12/2023, New Flexhoops Inc generated $122.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $84.6k during the year ending 12/2023. While expenses have increased by 14.7% per year over the past 9 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nesta Felix Executive Director | 40 | $20,000 | |
Jeffery Donovan Fundraising Advisor | 5 | $0 | |
Melcina Felix Financial Advisor | 5 | $0 | |
Barbara Carter Board Member | 10 | $0 | |
Leano Monsanto Treasurer | 5 | $1,500 | |
Vanessa Mejia Grants Writer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $86,726 |
Total Program Service Revenue | $11,895 |
Membership dues | $1,651 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $22,392 |
Other Revenue | $0 |
Total Revenue | $122,664 |
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 | $6,523 |
Occupancy, rent, utilities, and maintenance | $14,680 |
Printing, publications, postage, and shipping | $243 |
Other expenses | $63,120 |
Total expenses | $84,566 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $90,769 |
Other assets | $0 |
Total assets | $90,769 |
Total liabilities | $0 |
Net assets or fund balances | $90,769 |