Youthoop Of Sag Harbor Inc

Organization Overview

Youthoop Of Sag Harbor Inc is located in Sag Harbor, NY. The organization was established in 2019. 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. Youthoop Of Sag Harbor 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, Youthoop Of Sag Harbor Inc generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $11.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE OBJECT AND PURPOSE OF THIS CORPORATION SHALL BE TO PROMOTE SPORTS COMPETITIONS, FOR THE BENEFIT OF ITS MEMBERS AND GUESTS, PROMOTE SOCIAL INTERCOURSE, FURTHER ATHLETIC EXCERCISES AND SPORTS, INCLUDING BUT NOT LIMITED TO BASKETBALL AND TO ENGAGE GENERALLY IN ANY CAUSES OR OBJECTES SIMILAR TO THE ABOVE MENTIONED IN ORDER TO PROMOTE THE CULTURAL, SOCIAL AND ATHLETIC TALENS, PARTICULARLY BASKETBALL, OF ITS MEMBERS IN NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$8,900
Total Program Service Revenue$17,670
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$26,570

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