Ridgewood Hoops Club Inc
- Assets
- $162.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 02-0579707
Organization Overview
Ridgewood Hoops Club Inc is located in Ridgewood, NJ. 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. Ridgewood Hoops Club 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, Ridgewood Hoops Club Inc generated $151.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $139.1k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 9 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.
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 |
|---|---|---|---|
Peter Thomas VP / Secretary | 20 | $0 | |
John Lettieri Pres / Tres | 2.5 | $0 | |
Tim Daly Pres | 5 | $0 | |
Peter Thomas Secr | 2.5 | $0 | |
John Lettierri Tres | 5 | $0 | |
Carol Thomas Head Of Operations | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $149,255 |
| Investment income | $2,595 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,850 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,964 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,072 |
| Total expenses | $139,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,100 |
| Other assets | $0 |
| Total assets | $162,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,100 |