Philadelphia Sports Writers Association Foundation is located in Berlin, NJ. The organization was established in 2019. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Sports Writers Association Foundation 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 04/2024, Philadelphia Sports Writers Association Foundation generated $621.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $6.4k during the year ending 04/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DONATED FUNDS TO 501 (C) (3) ORGANIZATIONS WHO'S MISSIONS ARE TO PROVIDE EDUCATIONAL, FINANCIAL, AND EMOTIONAL SUPPORT TO INJURED ATHLETES AND SERVICE MEMBERS AS WELL AS TO PROVIDE SUPPORT FOR RESEARCH FOR THE PREVENTION AND CARE FOR SUCH INJURIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon Marks Past President | 1 | $0 | |
Michael Luongo President | 1 | $0 | |
Michael Denardo Board | 1 | $0 | |
Larry Litwin Treasurer | 1 | $0 | |
Jeff Asch Board | 0 | $0 | |
Ron Corbin Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $121 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $621 |
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 | $910 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,751 |
Total expenses | $6,360 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,335 |
Other assets | $0 |
Total assets | $22,014 |
Total liabilities | $39,308 |
Net assets or fund balances | -$17,294 |