Woodcliff Lake Boys Basketball Assoication Inc
- Assets
- $113.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodcliff Lake, NJ
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 61-1638017
Organization Overview
Woodcliff Lake Boys Basketball Assoication Inc is located in Woodcliff Lake, NJ. 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. Woodcliff Lake Boys Basketball Assoication Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Woodcliff Lake Boys Basketball Assoication Inc generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $8.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZED AND MANAGED BOYS BASKETBALL LEAGUE AND TOURNAMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Arum Director | 1 | $0 | |
Josh Goodelman Treasurer | 1 | $0 | |
Adam Friend Director | 1 | $0 | |
Andy Lazarus Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,450 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,450 |
| 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 | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,128 |
| Total expenses | $8,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,649 |
| Other assets | $0 |
| Total assets | $113,649 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,649 |
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 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Renegades Southampton, PA | $191,636 | $540,042 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
Ozanam Inc Pittsburgh, PA | $112,496 | $419,233 |
Mvp Basketball Camps Inc White Plains, NY | $162,806 | $376,016 |
Holcombe Rucker Community League Inc New York, NY | $577,066 | $46,158 |
Palisades Elite Stony Point, NY | $0 | $319,459 |
Mission 5 & 2 Ardmore, PA | $99 | $236,614 |