M-E Hoops Inc
- Assets
- $19.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Endwell, NY
- Founding
- 07/2003
- Data as of
- 12/2018
- EIN
- 01-0626859
Organization Overview
M-E Hoops Inc is located in Endwell, NY. The organization was established in 2003. 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. M-E Hoops 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 12/2018, M-E Hoops Inc generated $31.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $30.8k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (28.4%) per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS APPROXIMATELY 100 YOUTH MEMBERS, WHO DUE TO THE EXISTENCE OF THE ORGANIZATION CANPARTICIPATE IN WEEKLY PRACTICES AND VARIOUS LOCAL AND REGIONAL BASKETBALL TOURNAMENTS.THESE YOUTH WOULD NOT BE ABLE TO PARTICPATE WITHOUT THE EXISTENCE OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Bushnell VP | 5 | $0 | |
H Sonny Spera III President | 5 | $0 | |
Michael Sinicki Director | 5 | $0 | |
Gordon Gottlieb Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,141 |
| Total Program Service Revenue | $4,406 |
| Membership dues | $25,212 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,759 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $12,072 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $3,833 |
| Printing, publications, postage, and shipping | $398 |
| Other expenses | $13,952 |
| Total expenses | $30,805 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,902 |
| Other assets | $0 |
| Total assets | $19,902 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,902 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Philadelphia Youth Basketball Inc Philadelphia, PA | $5,613,028 | $5,515,236 |
North Pittsburgh Youth Hockey Association Warrendale, PA | $437,392 | $1,288,322 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Renegades Southampton, PA | $191,636 | $540,042 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |