Off-Season Hoops Inc is located in Methuen, MA. The organization was established in 2016. 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. Off-Season Hoops Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Off-Season Hoops Inc generated $27.6k in total revenue. All expenses for the organization totaled $25.0k during the year ending 08/2023. While expenses have increased by 104.4% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION SUPPORTS HIGH SCHOOL AND MIDDLE SCHOOL STUDENT ATHLETES BY PROVIDING EDUCATIONAL AND SPORTS PROGRAMMING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Costello President | 8 | $0 | |
Susan Downer Board Member | 0 | $0 | |
Maritza Morell Board Member | 0 | $0 | |
Susan Spitale Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,557 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,557 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,500 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,043 |
| Occupancy, rent, utilities, and maintenance | $2,750 |
| Printing, publications, postage, and shipping | $14,794 |
| Other expenses | $923 |
| Total expenses | $25,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,657 |
| Other assets | $0 |
| Total assets | $2,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,657 |