Form 990 for tax year 2022
Filed by BROOKLYN YOUTH SPORTS CLUB INC.
Totals
- Total revenue
- $917,002
- Total expenses
- $977,773
- Contributions and grants received
- $895,888
- Grants paid
- $0
- Program service revenue
- $11,602
- Investment income
- $0
- Other revenue
- $9,512
- Total assets, end of year
- $522,796
- Total liabilities, end of year
- $515,021
- Net assets or fund balances, end of year
- $7,775
- Program services expenses (Part IX)
- $742,421
- Management and general expenses
- $192,273
- Fundraising expenses
- $43,079
- Program service expenses (Part III)
- $742,421
Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$108,615
-
1f · All other contributions, gifts and grants
$787,273
-
1g · Noncash contributions included above
$44,731
-
2a · Program service revenue: BKYSC SUMMER ACADEMY
total $11,602 · related or exempt $11,602
-
8a · Fundraising events: gross income
$60,000
-
8a · Fundraising events: contributions included on line 1c
$108,615
-
8b · Fundraising events: direct expenses
$50,488
-
8c · Net income from fundraising events
total $9,512 · excluded $9,512
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $144,000 · program services $92,160 · management and general $40,320 · fundraising $11,520
-
7 · Other salaries and wages
total $299,565 · program services $191,722 · management and general $83,878 · fundraising $23,965
-
10 · Payroll taxes
total $29,304 · program services $18,755 · management and general $8,205 · fundraising $2,344
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
11g · Fees: other
total $11,200 · program services $3,500 · management and general $2,450 · fundraising $5,250
-
13 · Office expenses
total $10,122 · management and general $10,122
-
16 · Occupancy
total $144,990 · program services $143,990 · management and general $1,000
-
17 · Travel
total $3,247 · program services $3,147 · management and general $100
-
20 · Interest
total $19,167 · management and general $19,167
-
22 · Depreciation, depletion and amortization
total $24,431 · program services $24,431
-
23 · Insurance
total $27,540 · program services $13,770 · management and general $13,770
-
24a · Other expenses: TOURNAMENT FEES & OTHER
total $229,529 · program services $229,529
-
24b · Other expenses: PROGRAM EQUIP. & SUPP.
total $21,417 · program services $21,417
-
24c · Other expenses: REPAIRS AND MAINT.
total $1,261 · management and general $1,261
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $174,012 · end of year $195,202
-
9 · Prepaid expenses and deferred charges
end of year $200,000
-
10a · Land, buildings and equipment: cost or other basis
$134,744
-
10b · Land, buildings and equipment: accumulated depreciation
$24,431
-
10c · Land, buildings and equipment, net
beginning of year $104,690 · end of year $110,313
-
11 · Investments: publicly traded securities
end of year $17,281
-
17 · Accounts payable and accrued expenses
beginning of year $16,806 · end of year $15,021
-
25 · Other liabilities
beginning of year $148,379 · end of year $500,000
-
27 · Net assets without donor restrictions
beginning of year $113,517 · end of year $7,775
Mission and programs · 2022
Mission
THE PURPOSE OF THE ORGANIZATION IS TO BUILD AN ENRICHING EDUCATIONAL SETTING FOR UNDER-SERVED BROOKLYN YOUTH, USING ATHLETICS AS A VEHICLE TO INSPIRE THEM TO FULFILL THEIR ACADEMIC, PHYSICAL, AND PERSONAL POTENTIAL. BKYSC IS DRIVEN BY AN ETHICAL IMPERATIVE TO INSTILL VALUES OF INTEGRITY, PERSEVERANCE, SELF-ESTEEM, AND HARD WORK TO EMPOWER STUDENT-ATHLETES TO BE LEADERS IN SCHOOL, ON THE COURT AND IN THE COMMUNITY.
Activities or mission (Part I)
BKYSC ASSIST BROOKLYN YOUTH IN THEIR PURSUIT OF COLLEGE ENROLLMENT USING BASKETBALL AS THE HOOK FOR ACADEMIC ENGAGEMENT AND CHARACTER DEVELOPMENT BY COMBINING INTENSIVE BASKETBALL PROGRAMMING AND RIGOROUS ACADEMIC SUPPORT. BKYSC BUILDS AN ENRICHING EDUCATIONAL SETTING THAT EMPOWERS YOUTH TO FULFILL THEIR ACADEMIC, AND PERSONAL POTENTIAL.
-
THE ORGANIZATION'S MAIN PROGRAM IS BKYSC ACADEMY. THE BKYSC ACADEMY IS A YEAR-ROUND AFTER-SCHOOL PROGRAM DESIGNED TO MEET THE ACADEMIC NEEDS OF EACH INDIVIDUAL PARTICIPANT BY OFFERING A WIDE SPECTRUM OF ACADEMIC SUPPORT IN AREAS INCLUDING LITERACY DEVELOPMENT, HOMEWORK HELP, INDIVIDUAL AND GROUP TUTORING, SAT/ACT PREPARATION, AND REGENTS PREPARATION.
Expenses $742,421 · Revenue $11,602
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jed LimmerJED LIMMER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Benjamin EzraBENJAMIN EZRA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Rachel HammerRACHEL HAMMER
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
Alex HuebschALEX HUEBSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Ben MathanBEN MATHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Brad TobinBRAD TOBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Diandra BarnwellDIANDRA BARNWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Gerald CastaldoGERALD CASTALDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jake NidenbergJAKE NIDENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jeff FischerJEFF FISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jelani RoyJELANI ROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jordan FoxJORDAN FOX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Matthew MonnessMATTHEW MONNESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Michael McKayMICHAEL MCKAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Niles EllisNILES ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Pat McAndrewPAT MCANDREW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Raina BretanRAINA BRETAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Ramel BradleyRAMEL BRADLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Sydney BlumsteinSYDNEY BLUMSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Victoria FleisherVICTORIA FLEISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Harris FriessHARRIS FRIESS
EXEC. DIRECTOR/DIR. OF PROGRAMS
- Total calculated
- $72,000
- From this org
- $72,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
-
Lyle FriessLYLE FRIESS
EXEC. DIRECTOR/DIR. OF DEVELOPMENT
- Total calculated
- $72,000
- From this org
- $72,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349331384
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