5 Boros Basketball Inc
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2011
- Data as of
- 04/2024
- EIN
- 27-2623043
Organization Overview
5 Boros Basketball Inc is located in Brooklyn, NY. The organization was established in 2011. 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. 5 Boros 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 04/2024, 5 Boros Basketball Inc generated $58.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $51.8k during the year ending 04/2024. While expenses have increased by 34.6% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
GRANTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Atson President | 40 | $0 | |
Tara Aston Vice President | 30 | $0 | |
Joe Rodriguez Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,858 |
| 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 | $58,858 |
| 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 | $1,633 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,137 |
| Total expenses | $51,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,629 |
| Other assets | $0 |
| Total assets | $19,629 |
| Total liabilities | $3,972 |
| Net assets or fund balances | $15,657 |