Sports Fans Coalition Ny Inc

Organization Overview

Sports Fans Coalition Ny Inc is located in Ronkonkoma, NY. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sports Fans Coalition NY 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 12/2021, Sports Fans Coalition NY Inc generated $8.5m in total revenue. All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 67.0% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LAUNCHED SERVICE IN JANUARY 2018 IN THE NEW YORK CITY MARKET; ADDED BOSTON, CHICAGO, DALLAS, HOUSTON, PHILADELPHIA, AND DENVER MARKETS THROUGH THE END OF 2018. LAUNCHED THE LOCAST APP ON MULTIPLE PLATFORMS, INCLUDING ANDROID, APPLE IOS, ROKU, AND HOPPER. IN 2019, THE FOLLOWING MARKETS WERE ADDED: ATLANTA, BALTIMORE, LOS ANGELES, PHOENIX, RAPID CITY, SAN FRANCISCO, SEATTLE, SIOUX CITY, SIOUX FALLS, AND WASHINGTON DC. IN 2020, THE FOLLOWING MARKETS WERE ADDED: DETRIOT, INDIANAPOLIS, MIAMI/FT. LAUDERDALE, MINNEAPOLIS, PHILADELPHIA/COLLEGEVILLE, TAMPA, AND WEST PALM. IN 2021 THE FOLLOWING MARKETS WERE ADDED: CHARLOTTE, COLUMBUS, CLEVELAND, MADISON, MILWAUKEE, ORLANDO, PITTSBURGH, PORTLAND, RALEIGH, SACRAMENTO, TRI-CITIES. IN RESPONSE TO SUMMARY JUDGMENT RULINGS BY THE FEDERAL DISTRICT COURT IN THE (CONTINUED ON SCHEDULE O) SOUTHERN DISTRICT OF NEW YORK FINDING, AMONG OTHER THINGS, THAT THE STATUTORY COPYRIGHT EXEMPTION UNDER 17 U.S.C. 111(A)(5) DID NOT APPLY TO THE LOCAST SERVICE PROVIDED BY SPORTS FANS COALITION NY, INC., ALL OPERATIONS WERE SUSPENDED, AND A SETTLEMENT AGREEMENT WAS REACHED WITH THE PLAINTIFFS UNDER WHICH ALL CASH AND ASSETS WOULD BE DISBURSED TO VENDORS AND PLAINTIFFS.


LAUNCHED SERVICE IN JANUARY 2018 IN THE NEW YORK CITY MARKET; ADDED BOSTON, CHICAGO, DALLAS, HOUSTON, PHILADELPHIA, AND DENVER MARKETS THROUGH THE END OF 2018. LAUNCHED THE LOCAST APP ON MULTIPLE PLATFORMS, INCLUDING ANDROID, APPLE IOS, ROKU, AND HOPPER. IN 2019, THE FOLLOWING MARKETS WERE ADDED: ATLANTA, BALTIMORE, LOS ANGELES, PHOENIX, RAPID CITY, SAN FRANCISCO, SEATTLE, SIOUX CITY, SIOUX FALLS, AND WASHINGTON DC. IN 2020, THE FOLLOWING MARKETS WERE ADDED: DETRIOT, INDIANAPOLIS, MIAMI/FT. LAUDERDALE, MINNEAPOLIS, PHILADELPHIA/COLLEGEVILLE, TAMPA, AND WEST PALM. IN 2021 THE FOLLOWING MARKETS WERE ADDED: CHARLOTTE, COLUMBUS, CLEVELAND, MADISON, MILWAUKEE, ORLANDO, PITTSBURGH, PORTLAND, RALEIGH, SACRAMENTO, TRI-CITIES. IN RESPONSE TO SUMMARY JUDGMENT RULINGS BY THE FEDERAL DISTRICT COURT IN THE (CONTINUED ON SCHEDULE O) SOUTHERN DISTRICT OF NEW YORK FINDING, AMONG OTHER THINGS, THAT THE STATUTORY COPYRIGHT EXEMPTION UNDER 17 U.S.C. 111(A)(5) DID NOT APPLY TO THE LOCAST SERVICE PROVIDED BY SPORTS FANS COALITION NY, INC., ALL OPERATIONS WERE SUSPENDED, AND A SETTLEMENT AGREEMENT WAS REACHED WITH THE PLAINTIFFS UNDER WHICH ALL CASH AND ASSETS WOULD BE DISBURSED TO VENDORS AND PLAINTIFFS.


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Board, Officers & Key Employees

Name (title)Compensation
David Goodfriend
Chairman & President
$0
Habiba Alcindor
Secretary & Treasurer
$0
Gigi Sohn
Board Member
$0
David Goodfriend
Chairman & President
$0
Habiba Alcindor
Secretary & Treasurer
$0
Gigi Sohn
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Orrick Herrington & Sutcliffe Llp
Legal
$1,985,675
Amazon Web Services Inc
Cloud Computing, Transcoding Fees
$324,589
Steptoe & Johnson Llp
Legal
$300,000
Ecreek Solutions Group
Customer Service
$298,352
Jaybird Group
Dev., Project Management, Noc
$2,386,190
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,041,913
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,041,913
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,459,536

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