Blacktop Inc
- Assets
- $87.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 01/2006
- Data as of
- 12/2019
- EIN
- 41-2094684
Organization Overview
Blacktop Inc is located in Reading, PA. The organization was established in 2006. 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. Blacktop 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 12/2019, Blacktop Inc generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2019. 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
TO CONDUCT SUMMER BASKETBALL LEAGUE FOR BOYS AND GIRLS AGES 8-18 AT READING'S CITY PARK IN READING PA FOR APPROXIMATELY 550 YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M Jones Treasurer | 0 | $0 | |
Victoria Brown Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,745 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $2,125 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,306 |
| Total Revenue | $36,182 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,000 |
| Professional fees and other payments to independent contractors | $805 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,605 |
| Total expenses | $43,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,431 |
| Other assets | $0 |
| Total assets | $87,831 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,831 |
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