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. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $190.8k during the year ending 02/2023. While expenses have increased by 3.8% per year over the past 3 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
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 |