Hanover Diamond Sports Inc
- Assets
- $103.0k
- Revenue
- $198.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, PA
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-3436226
Organization Overview
Hanover Diamond Sports Inc is located in Hanover, PA. The organization was established in 2015. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Hanover Diamond Sports 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 12/2022, Hanover Diamond Sports Inc generated $198.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $279.3k during the year ending 12/2022. While expenses have increased by 23.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HANOVER DIAMOND SPORTS IS A YOUTH SPORTS PROGRAM WHICH INCLUDES RAMPAGE TRAVEL BASEBALL, HANOVER RECREATIONAL BASEBALL,EXTREME TRAVEL SOFTBALL AND MUSTANG RECREATIONAL SOFTBALL. THEY PLAY DURING BOTH THE SPRING AND FALL SEASONS IN THE HANOVER, PA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HANOVER DIAMOND SPORTS' RAMPAGE BASEBALL PROGRAM PROVIDED AN OPPORTUNITY FOR APPROXIMATELY 77 BOYS AGES SEVEN THROUGH EIGHTEEN TO PLAY TRAVEL AND TOURNAMENT BASEBALL PROGRAMS THROUGHOUT SOUTH CENTRAL PENNSYLVANIA AND NORTH CENTRAL MARYLAND. THROUGH THEIR TRAVEL BASEBALL PROGRAM, THESE YOUNG MEN DEVELOP QUALITIES THAT WILL ASSIST THEM THROUGHOUT THEIR LIFETIMES IN THE AREAS OF TEAMWORK, DISCIPLINE, RELATIONSHIPS, AND PHYSICAL WELL BEING.
HANOVER DIAMOND SPORTS' SOFTBALL PROGRAM PROVIDED YEAR ROUND OPPORTUNITIES FOR APPROXIMATELY 200 GIRLS AGES SEVEN TO EIGHTEEN TO PLAY RECREATIONAL SOFTBALL OR TRAVEL AND TOURNAMENT SOFTBALL DEPENDING ON DESIRE AND SKILL LEVEL. THROUGH THEIR SOFTBALL PROGRAM, THESE YOUNG LADIES DEVELOP QUALITIES THAT WILL ASSIST THEM THROUGHOUT THEIR LIFETIMES IN THE AREAS OF TEAMWORK, DISCIPLINE, RELATIONSHIPS, AND PHYSICAL WELL BEING.
HANOVER DIAMOND SPORTS' HANOVER BASEBALL PROGRAM PROVIDED COUNTY WIDE RECREATIONAL BASEBALL DURING THE SPRING AND FALL SEASONS TO INSPIRE APPROXIMATELY 245 BOYS AND GIRLS AGES EIGHT THROUGH EIGHTEEN TO FURTHER DEVELOP SKILLS AND FRIENDSHIPS GAINED THROUGH THE SPRING PROGRAM. THE FALL PROGRAM ALSO GIVES AN OPPORTUNITY FOR FIRST TIME PLAYERS TO EXPERIENCE A MORE LAID BACK BASEBALL SEASON TO FAMILIARIZE THEMSELVES WITH THE SPORT IN ORDER TO SEE IF BASEBALL MIGHT BECOME A SPRING SPORT THEY ARE INTERESTED IN PLAYING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Egolf CEO | Officer | 5 | $0 |
Sherry Cracium-Bolin CFO | Officer | 1 | $0 |
Tim Wagaman Rampage Pres | Officer | 1 | $0 |
Katelyn Strebe Read Bb Secretary | Officer | 1 | $0 |
Jessica Egolf Rampage Secr | Officer | 1 | $0 |
Michael Moses Bb Field/mai | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,554 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,554 |
| Total Program Service Revenue | $126,137 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $43,380 |
| Net Income from Gaming Activities | $21,463 |
| Net Income from Sales of Inventory | $788 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $205 |
| Insurance | $0 |
| All other expenses | $67,325 |
| Total functional expenses | $279,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,488 |
| Savings and temporary cash investments | $29,027 |
| 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 |
| Net Land, buildings, and equipment | $513 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $103,028 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $103,028 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $103,028 |