Newport Harbor Sailors Basketball Club
- Assets
- $53.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 26-4374790
Organization Overview
Newport Harbor Sailors Basketball Club is located in Newport Beach, CA. The organization was established in 2010. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Newport Harbor Sailors Basketball Club 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 12/2022, Newport Harbor Sailors Basketball Club generated $77.4k 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 (3.6%) each year. All expenses for the organization totaled $82.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) 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
2022
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION WORKS WITH THE SCHOOL AND COACHING STAFF TO ACHIEVE TARGETED OBJECTIVES. THOSE OBJECTIVES ARE FINANCED THROUGH FUNDRAISING EFFORTS, WHICH INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING ADVERTISEMENTS IN THE BASKETBALL PROGRAM, SEEKING COMMUNITY SUPPORT, HOSTING SILENT AND LIVEER AUCTIONS AT FUND RAISERS, ORGANIZING 4TH OF JULY STANDS, HOSTING TOURNAMENTS AND DIRECT SOLICITATION OF FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carey Ransom President | 2 | $0 | |
Jon Gurka Vice President | 2 | $0 | |
Courtney Norton Secretary | 2 | $0 | |
Natalie Pickup Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,641 |
| Total Program Service Revenue | $38,027 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,699 |
| Other Revenue | $0 |
| Total Revenue | $77,367 |
| 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 | $1,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,336 |
| Total expenses | $82,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,128 |
| Other assets | $0 |
| Total assets | $53,128 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,128 |