Amateur Athletic Union Of The United States Inc is located in Colts Neck, NJ. The organization was established in 2005. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amateur Athletic Union Of The United States 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 08/2023, Amateur Athletic Union Of The United States Inc generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $46.5k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (26.2%) per year over the past 5 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
WE OFFER MALE AND FEMALE STUDENTS THE OPPORTUNITY TO IMPROVE THEIR BASKETBALL SKILLS AT A HIGHER LEVEL OF COMPETITIVENESS. WE WILL STRIVE TO DEVELOP THE TOTAL PLAYER WHILE STRESSING ACADEMICS, RESPONSIBILITY, STRENGTH OF CHARACTER, SPORTSMANSHIP AND FAIR PLAY. WE WILL CONTINUE TO PROVIDE TO OUR STUDENT ATHLETES THE PLATFORM TO SHOWCASE THEIR BASKETBALL SKILLS AT NATIONAL AND REGIONAL TOURNAMENTS, WHICH INCLUDE UNDER ARMOUR AND OTHER PRESTIGIOUS TOURNAMENTS THROUGHOUT THE COUNTRY. WE WILL PROVIDE OUR STUDENTS THE VERY BEST COACHING UTILIZING OUR RESOURCES AND OUR CONNECTIONS WITH THE LOCAL HIGH SCHOOL COACHES AND OUR COLLEGE ALUMNI PLAYERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Klatsky President | 30 | $0 | |
Alan Klatsky Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,491 |
Total Program Service Revenue | $18,572 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $46,063 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,272 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $44,226 |
Total expenses | $46,498 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,070 |
Other assets | $0 |
Total assets | $5,070 |
Total liabilities | $101,612 |
Net assets or fund balances | -$96,542 |