Reilly Foundation Inc is located in Coral Springs, FL. The organization was established in 1995. 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. Reilly Foundation 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 undefined, Reilly Foundation Inc generated $73.1k 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 (10.4%) each year. All expenses for the organization totaled $68.6k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (9.8%) 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
Describe the Organization's Program Activity:
Part 3
THE KREUL CLASSIC BASKETBALL TOURNAMENT WAS CONDUCTED AND LIVE STREAMED. NATIONAL LEVEL HIGH SCHOOL PLAYERS FROM 32 TEAMS COMPETED BEFORE COLLEGE SCOUTS AND COACHES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James J Reilly President | 20 | $0 | |
Dana Cunningham Treasurer | 5 | $0 | |
Henry Magnuson Director | 5 | $0 | |
Michael Lorini Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $73,116 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $73,118 |
Statement of Expenses | |
---|---|
Total expenses | $68,633 |
Balance Sheet | |
---|---|
Total assets | $64,508 |
Total liabilities | $0 |
Net assets or fund balances | $64,508 |
Over the last fiscal year, we have identified 1 grants that Reilly Foundation Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: FUNDING FOR THE KREUL CLASSIC NATIONAL HIGH SCHOOL BASKETBALL TOURNAMENT | | $5,000 |
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 |