Flight Academy Basketball
- Assets
- $7.8k
- Revenue
- $77.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Daly City, CA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-3620610
Organization Overview
Flight Academy Basketball is located in Daly City, CA. The organization was established in 2018. 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. Flight Academy Basketball 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 12/2022, Flight Academy Basketball generated $77.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $86.5k during the year ending 12/2022. While expenses have increased by 29.0% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SF-MARIN FOOD BANK - VOLUNTEER SERVICES TO PACKAGE FOOD FOR THE HOMELESS LOW-INCOME COMMUNITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Romero Chief Exec Officer | 2 | $0 | |
Maria Elizabeth A Romero Chief Financial Off | 2 | $0 | |
Vincent P Brodeth Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,665 |
| Total Revenue | $77,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $22,375 |
| Travel, conferences, and meetings | $19,350 |
| Printing and publications | $0 |
| Other expenses | $32,388 |
| Total operating and administrative expenses | $85,718 |
| Contributions, gifts, grants paid | $779 |
| Total expenses and disbursements | $86,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,823 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,823 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Flight Academy Basketball has awarded $779 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAN FRANCISCO-MARIN FOOD BANK PURPOSE: GENERAL DONATION | $258 |
POMEROY RECREATION AND REHAB CENTER PURPOSE: GENERAL DONATION | $258 |
EAT LEARN PLAY FOUNDATION PURPOSE: GENERAL DONATION | $263 |