Valley Stream Basketball Inc

Nonprofit profile at a glance

EIN
562378527
IRS 990-EZ coverage
2011–2013
Forms available
Form 990-EZ 2013
Location
Valley Stream, NY, USA
Phone
5163980423
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Reported finances

Revenue
$65,198
Expenses
$85,048
Assets
$710
Liabilities
$7,338

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • GEORGE DASCHER (PRESIDENT)
  • SAL DILAPI (VICE PRESIDENT)

People named in this filing

  • GEORGE DASCHER (PRESIDENT)
  • SAL DILAPI (VICE PRESIDENT)
  • BRIAN O'LEARY (SECRETARY)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To benefit young people, ages 5 to 18, using the sport of basketball as a medium to depvelop and imporove the spiritul, mental, social and physical conditions of the participants.

What it reported doing in 2013

The organization provides instruction and training in the sport of basketball for athletic recreation which can foster the characteristics of honesty, good fellowship, self-discipline, team play, fairness and self-reliance amoung young people. The summer basketball league had approximately 700 children participating in which they were provided with an opportunity to engage in strenuous physical activity, learn the game of basketball, learn to function in a competitive environment and to meet other children.

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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -30.4%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 10.34; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 17.3% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: -80.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $85K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2011 to 2013
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.