Philadelphia Sports Writers Association Inc is located in Berlin, NJ. The organization was established in 1986. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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 Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2023, Philadelphia Sports Writers Association Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $8.6k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
DUE TO COVID THE ORGANIZATION COULD NOT HOLD THE ANNUAL SPORTS BANQUET TO HONOR THE SPECIAL EFFORTS OF SPORTS JOURNALISTS & ATHLETES & PROVIDE AID FOR THE COLLEGE EDUCATION OF WORTHY MEN & WOMEN IN THE TRISTATE AREA AROUND PHILDELPHIA , PA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Marks Board | 0 | $0 | |
John Weber Board | 0 | $0 | |
Michael Luongo President | 1 | $0 | |
Michael Denardo Board | 0 | $0 | |
Larry Litwin Treasurer | 1 | $0 | |
Jeff Asch Board | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $850 |
| Investment income | $698 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,746 |
| Other Revenue | $0 |
| Total Revenue | $4,802 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,000 |
| Professional fees and other payments to independent contractors | $1,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $202 |
| Other expenses | $4,293 |
| Total expenses | $8,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,482 |
| Other assets | $0 |
| Total assets | $95,611 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,611 |