Clark Travel Basketball Inc
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clark, NJ
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-3811599
Organization Overview
Clark Travel Basketball Inc is located in Clark, NJ. The organization was established in 2009. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Clark Travel Basketball 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, Clark Travel Basketball Inc generated $39.5k 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 (6.3%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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 Mission:
Part 3 - Line 1
TO PROMOTE GOOD SPORTSMANSHIP AND THE GAME OF BASKETBALL TO THE YOUTH OF THE TOWNSHIP OF CLARK IN A SAFE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3
EXPENSES INCURRED FOR OUR EXPEMPT PURPOSE
THESE EXPENSES INCURRED FOR OUR EXPEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sal Bonaccorso Vice Preside | 0 | $0 | |
David Panetta Tournament D | 0 | $0 | |
Steve Hund President | 0 | $0 | |
Sandra Parin Web Master | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,855 |
| Other Revenue | $34,675 |
| Total Revenue | $39,530 |
| 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 | $171 |
| Other expenses | $53,074 |
| Total expenses | $53,245 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,592 |
| Other assets | $0 |
| Total assets | $19,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,592 |
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