Hoopsville Basketball A Nj Nonprofit Corporation
- Assets
- $653.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nutley, NJ
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 26-4424636
Organization Overview
Hoopsville Basketball A Nj Nonprofit Corporation is located in Nutley, NJ. The organization was established in 2010. 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. Hoopsville Basketball A NJ Nonprofit Corporation 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, Hoopsville Basketball A NJ Nonprofit Corporation generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $10.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (28.6%) per year over the past 5 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
TO DEVELOP AN INCREASED AWARENESS OF HEALTH AND FITNRESS THROUGH ORGANIZED BASKETBALL PROGRAM; PROMOTE GOOD SPORTSMANSHIP AND TO WORK ALONE OR IN COLLABORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Lagman President | 2 | $0 | |
Monique Lagman Trustee | 0 | $0 | |
Gerard Arellano Trustee | 0 | $0 | |
Julius David Trustee | 0 | $0 | |
Carl Tiu Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,817 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,817 |
| 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 | $0 |
| Other expenses | $10,393 |
| Total expenses | $10,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $653 |
| Other assets | $0 |
| Total assets | $653 |
| Total liabilities | $0 |
| Net assets or fund balances | $653 |