5 Boros Basketball Inc
- Assets
- $27.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2011
- Data as of
- 04/2019
- 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 04/2019, 5 Boros Basketball Inc generated $24.5k 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 (5.7%) each year. All expenses for the organization totaled $19.7k during the year ending 04/2019. As we would expect to see with falling revenues, expenses have declined by (5.9%) 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
2019
Describe the Organization's Program Activity:
Part 3
GRANTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Atson Vice President | 30 | $0 | |
Rick Atson President | 40 | $0 | |
Dean Mavrides Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,466 |
| 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 | $24,466 |
| Statement of Expenses | |
|---|---|
| Total expenses | $19,703 |
| Balance Sheet | |
|---|---|
| Total assets | $27,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,359 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 5 Boros Basketball Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Mukhopadhyay Foundation Inc Brooklyn, NY PURPOSE: TO HELP ORGANIZATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Philadelphia Youth Basketball Inc Philadelphia, PA | $5,613,028 | $5,515,236 |
North Pittsburgh Youth Hockey Association Warrendale, PA | $437,392 | $1,288,322 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Renegades Southampton, PA | $191,636 | $540,042 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |