Coral Springs Basketball Club Inc
- Assets
- $14.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkland, FL
- Founding
- 10/1984
- Data as of
- 02/2023
- EIN
- 59-2221219
Organization Overview
Coral Springs Basketball Club Inc is located in Parkland, FL. The organization was established in 1984. 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. Coral Springs Basketball Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 02/2023, Coral Springs Basketball Club Inc generated $190.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $190.8k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THEGENERALOBJECTIVEISFORPLAYERSTOLEARNSELF-DISCIPLINEANDRESPONSIBILITYTHATCOINCIDESWITHDAILYLIVING.THESPECIFICOBJECTIVESOFTHECLUBARETOFAMILIARIZEALLPLAYERSWITHTHEFUNDAMENTALSOFBASKETBALL,TOPROVIDEANOPPORTUNITYTOPLAYTHEGAMEINASUPERVISED,ORGANIZEDANDSAFETY-ORIENTEDMANNER,ANDTOKEEPTHEWELFAREOFTHEPARTICIPANTSFREEOFANYADULTAMBITIONANDPERSONALGLORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Fraiman President | 20 | $0 | |
Edward Miller Treasurer | 25 | $0 | |
Brian Licata Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $190,943 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,943 |
| 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 | $190,821 |
| Total expenses | $190,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,613 |
| Other assets | $0 |
| Total assets | $14,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,613 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Basketball Host Committee Inc Atlanta, GA | $206,440 | $2,456,960 |
Womens Basketball Coaches Assoc Lilburn, GA | $4,492,393 | $3,129,044 |
Peace Cdc Inc Miami, FL | $147,371 | $831,617 |
Atlanta Tip Off Club Inc Atlanta, GA | $927,333 | $681,924 |
Florida Collegiate Summer League Inc Longwood, FL | $124,980 | $434,402 |
Classic Basketball Inc Fort Myers, FL | $189,433 | $433,611 |
Team Griffin Foundation Atlanta, GA | $82,092 | $394,182 |
Jacksonville Beach Baseball Association Inc Jacksonville Beach, FL | $178,033 | $333,722 |
Southern Basketball Camps Homewood, AL | $50,938 | $326,330 |
East Marietta Basketball Inc Marietta, GA | $142,713 | $286,045 |
Boca Hoops Inc Boca Raton, FL | $57,862 | $304,347 |
Greater Georgia Basketball Officials Inc Smyrna, GA | $3,347 | $252,473 |