Basketball Sports Alliance Inc
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Queens Village, NY
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-2814589
Organization Overview
Basketball Sports Alliance Inc is located in Queens Village, NY. The organization was established in 2017. 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. Basketball Sports Alliance 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 12/2023, Basketball Sports Alliance Inc generated $109.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $97.7k during the year ending 12/2023. While expenses have increased by 28.4% 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
TRAIN, TEACH AND COACH KIDS FOR PREPARATION OF VARIOUS BASKETBALL TOURNAMENTS ESPECIALLY THE PHILIPPINE ATHLETIC SPORTS ASSOCIATION AND OUR OWN ANNUAL WINTER HOOPS ASIAN INVITATIONAL BASKETBALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kerin President | 12 | $0 | |
Martin Ong Vice President | 4 | $0 | |
Betsy Guerrero Mayuga Treasurer | 4 | $0 | |
Aina Alcantara Secretary | 4 | $0 | |
Athena Kerin Board Member | 8 | $0 | |
Elmer Remon Board Member | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,535 |
| Total Program Service Revenue | $93,496 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,031 |
| 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 | $8,933 |
| Occupancy, rent, utilities, and maintenance | $31,625 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,065 |
| Total expenses | $97,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,751 |
| Other assets | $0 |
| Total assets | $32,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,151 |