Syracuse Nets Ltd
Nonprofit profile at a glance
- EIN
- 271256146
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Brewerton, NY, USA
- Phone
- 3157202115
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Basketball
Reported finances
- Revenue
- $110,684
- Expenses
- $116,833
- Assets
- $27,691
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KEVIN RANDALL (PRESIDENT)
People named in this filing
- KEVIN RANDALL (PRESIDENT)
- ERIN RANDALL (VICE PRES/TR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The syracuse nets aau basketball club provides student athletes with advanced opportunities to develop their basketball skills while competing at high levels locally, regionally, and nationally. Our mission is to prepare and promote athletes for success both on and off the court, with a strong emphasis on college recruitment and exposure. The program supports academic accountability, leadership, and character development, helping young people reach their full potential. As one of the premier youth basketball programs in central New York, the syracuse nets play a vital role in strengthening our community by offering positive, structured opportunities that inspire excellence and create pathways to higher education. We are also proud to offer financial aid to student-athletes who need support, ensuring that cost is never a barrier to participation.
What it reported doing in 2025
Basketball programming: camps, practices, games, tournaments
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.3%; rating input score 96
- Program expense ratio: 91.2%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.6%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 42.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: -14% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 96.3% of revenue deployed · 91.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.