Foster Park Sports is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Foster Park Sports 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, Foster Park Sports generated $18.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $700.0 during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (50.0%) per year over the past 2 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
FOSTER PARK SPORTS SUCCESSFULLY OFFER BASKETBALL AND MINDFULNESS SERVICES TO OVER 250 YOUTH ACROSS THE NEW YORK TRI STATE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clayton Peoples Board President | 4 | $0 | |
Alex Cruz Vice President/treasurer | 2 | $0 | |
Roberto Celestine Board Member | 2 | $0 | |
Geoffrey Skeete Board Member | 2 | $0 | |
Ron Wallace Executive Director | 20 | $0 | |
Lauren Salazar Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,000 |
Other Revenue | $0 |
Total Revenue | $18,500 |
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 | $700 |
Other expenses | $0 |
Total expenses | $700 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,950 |
Other assets | $0 |
Total assets | $20,950 |
Total liabilities | $0 |
Net assets or fund balances | $20,950 |