Section 2 Of The Nysphsaa Inc
- Assets
- $703.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Albany, NY
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 46-1103995
Organization Overview
Section 2 Of The Nysphsaa Inc is located in Albany, NY. The organization was established in 2013. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Section 2 Of The Nysphsaa Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Section 2 Of The Nysphsaa 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 06/2022, Section 2 Of The Nysphsaa Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $867.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO FACILITATE AMATEUR YOUTH ATHLETICS IN NEW (CONTINUED, SCHEDULE O) YORK IN RELATION TO SECTION 2 ATHLETIC PROGRAMS GOVERNING ATHLETIC ACTIVITIES AMONG ITS MEMBER ORGANIZATIONS FOR CHILDREN OF AGES 12-18 YEARS.
Describe the Organization's Program Activity:
THE ORGANIZATION'S MISSION IS TO FACILITATE AMATEUR YOUTH ATHLETICS IN NEW YORK IN RELATION TO SECTION 2 ATHLETIC PROGRAMS GOVERNING ATHLETIC ACTIVITIES AMONG ITS MEMBER ORGANIZATIONS FOR CHILDREN OF AGES 12-18 YEARS. DURING THE YEAR ENDED JUNE 30, 2020, THE ORGANIZATION FACILITATED POST SEASON COMPETITIONS FOR 27 DIFFERENT SPORTS FOR 95 SCHOOL DISTRICTS WITHIN THE CAPITAL REGION OF NEW YORK STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Dopp Executive Dir. | OfficerTrustee | 40 | $99,155 |
Elise Britt-Gaeta Member | Trustee | 2 | $0 |
Mark Brooks Member | Trustee | 4 | $0 |
Ryan Sherman Member | Trustee | 1 | $0 |
James Schlegel Member | Trustee | 1 | $0 |
Matt Ronca Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,948 |
| Investment income | $5,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,612 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,065,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,074 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,081 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,000 |
| Fees for services: Accounting | $38,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,776 |
| Fees for services: Other | $700 |
| Advertising and promotion | $375 |
| Office expenses | $16,500 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,349 |
| Travel | $117,570 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,346 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $695 |
| Insurance | $21,573 |
| All other expenses | $0 |
| Total functional expenses | $867,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,356 |
| Savings and temporary cash investments | $259,577 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $224,730 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $489 |
| Total assets | $703,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45 |
| Total liabilities | $45 |
| Net assets without donor restrictions | $703,103 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $703,103 |