Civic Intelligence

Sports Fd Inc

EIN 22-1860827 • 501(c)3 • Colts Neck, NJ

Profile

Our mission is to provide sports activities for the residents of colts neck (cn). Sports activities range from recreational to highly competitive travel leagues. Players have the opportunity to participate in a level that parents and league officials feel are best suited for their development and enjoyment. Sportsmanship, friendship, and skill development will be stressed at all levels. Cnsf currently offer seasonal programs in basketball, soccer, and baseball on a recreational basis, or for those who wish to make more of a commitment, on traveling teams which compete against teams from other areas. In addition, programs are offered in wrestling and karate. All children from kindergarten to ninth grade are eligible to participate in the recreational programs. Cnsf is wholly run by volunteers. We encourage parents to get involved. The programs are run with funds obtained from registration fees and individual and corporate sponsors. If there is finanical need, regristration fees may be w

PO Box 568Colts Neck, NJ 07722

www.coltsnecksports.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

0.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

42nd percentile

-1.0%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

3.4%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$364,235

Up $12,127 (+3.4%) from 2018

Liabilities

Up

$143,054

Up $16,399 (+13%) from 2018

Net Assets

Down

$221,181

Down $4,272 (-1.9%) from 2018

Revenue

Up

$407,752

Up $38,034 (+10%) from 2018

Expenses

Up

$411,863

Up $63,062 (+18%) from 2018

Net Income

Down

-$4,111

Down $25,028 (-120%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $230,315Liabilities 2012: $166,841Net Assets 2012: $63,4742012Assets 2013: $263,858Liabilities 2013: $142,004Net Assets 2013: $121,8542013Assets 2014: $297,342Liabilities 2014: $166,623Net Assets 2014: $130,7192014Assets 2015: $307,224Liabilities 2015: $102,697Net Assets 2015: $204,5272015Assets 2016: $302,442Liabilities 2016: $96,108Net Assets 2016: $206,3342016Assets 2017: $331,057Liabilities 2017: $126,323Net Assets 2017: $204,7342017Assets 2018: $352,108Liabilities 2018: $126,655Net Assets 2018: $225,4532018Assets 2019: $364,235Liabilities 2019: $143,054Net Assets 2019: $221,1812019

Highlighted filing

2019

Assets$364,235
Liabilities$143,054
Net Assets$221,181

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $438,483Expenses 2012: $392,005Net Income 2012: $46,4782012Revenue 2013: $404,659Expenses 2013: $346,279Net Income 2013: $58,3802013Revenue 2014: $372,919Expenses 2014: $376,721Net Income 2014: -$3,8022014Revenue 2015: $432,860Expenses 2015: $360,308Net Income 2015: $72,5522015Revenue 2016: $378,266Expenses 2016: $377,707Net Income 2016: $5592016Revenue 2017: $328,210Expenses 2017: $329,560Net Income 2017: -$1,3502017Revenue 2018: $369,718Expenses 2018: $348,801Net Income 2018: $20,9172018Revenue 2019: $407,752Expenses 2019: $411,863Net Income 2019: -$4,1112019

Highlighted filing

2019

Revenue$407,752
Expenses$411,863
Net Income-$4,111

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Aug 23, 2021
Return Version
2018v3.2
Gross Receipts
$407,752
Mission and Program Overview

Mission

Our mission is to provide sports activities for the residents of colts neck (cn). Sports activities range from recreational to highly competitive travel leagues. Players have the opportunity to participate in a level that parents and league officials feel are best suited for their development and enjoyment. Sportsmanship, friendship, and skill development will be stressed at all levels. Cnsf currently offer seasonal programs in basketball, soccer, and baseball on a recreational basis, or for those who wish to make more of a commitment, on traveling teams which compete against teams from other areas. In addition, programs are offered in wrestling and karate. All children from kindergarten to ninth grade are eligible to participate in the recreational programs. Cnsf is wholly run by volunteers. We encourage parents to get involved. The programs are run with funds obtained from registration fees and individual and corporate sponsors. If there is finanical need, regristration fees may be w

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$218,918$191,162▼ $27,756
Land, Buildings, and Equipment, Net$126,377$166,026▲ $39,649
Prepaid Expenses and Deferred Charges$3,695$7,047▲ $3,352
Accounts Receivable$3,118--
Total Assets$352,108$364,235▲ $12,127
Liabilities
Deferred Revenue$101,412$128,901▲ $27,489
Accounts Payable and Accrued Expenses$25,243$14,153▼ $11,090
Total Liabilities$126,655$143,054▲ $16,399
Net Assets / Fund Balance
Unrestricted Net Assets$225,453$221,181▼ $4,272
Total Net Assets Fund Balance$225,453$221,181▼ $4,272
Total Liabilities and Net Assets / Fund Balance$352,108$364,235▲ $12,127

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$166,026$38,721$204,747
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris MontalvoPresident
A J GaritoBoard Member
Alejandro LopezBoard Member
Anthony DesenaBoard Member
Colleen WilcoxBoard Member
Fabricio PazminoBoard Member
Jason LaoBoard Member
Jose HenriquesBoard Member
Karen KosterBoard Member
Krystal CannataBoard Member
Lauren DandusevskiBoard Member
Louis CingliaBoard Member
Matthew GaetaBoard Member
Meredith BeckBoard Member
Nicole GravesBoard Member
Paul BancoBoard Member
Dan HigginsSecretary
Anthony SciarrilloTreasurer
Brian BriscoeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$407,659
Investment Income
$93
Other Revenue
$0
Change in Net Assets
$-4,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$407,752
Total Revenue per Audited Statements
$407,752
Total Revenue per Form 990
$407,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$411,863
Total Fundraising Expense$36,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$324,620-$36,617$361,237
Fees for Services Accounting-$15,424-$15,424
Depreciation Depletion$14,010--$14,010
Office Expenses-$8,647-$8,647
Insurance-$7,110-$7,110
Advertising$5,435--$5,435
Total Functional Expenses$344,065$31,181$36,617$411,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$412,024
Expenses per Audited Statements$411,863
Total Expenses per Form 990$411,863
Expenses Not Reported on Form 990$161
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer will review the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Any member or non member may bring any issue to the board of directors in confidence. This is a 100% volunteer organization so there are no employment issues, but the board takes all concerns seriously and investigates fully without prejudice to the informer.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Sports Fd Inc
EIN
22-1860827
Address
PO BOX 568, COLTS NECK, NJ 07722

Signing Officer

Name
Anthony Sciarrillo
Title
Treasurer
Phone
7327806666
Signed
2021-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Sciarrillo
Formed
1968
Legal Domicile
Nj
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
40

Preparer

Firm
David M Muldowneyjr CPA
Address
PO BOX 129, COLTS NECK, NJ 07722-0129
Preparer
David M Muldowney Jr
Phone
7324314332
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to provide sports activities for the residents of colts neck (cn). Sports activities range from recreational to highly competitive travel leagues. Players have the opportunity to participate in a level that parents and league officials feel are best suited for their development and enjoyment. Sportsmanship, friendship, and skill development will be stressed at all levels. Cnsf currently offer seasonal programs in basketball, soccer, and baseball on a recreational basis, or for those who wish to make more of a commitment, on traveling teams which compete against teams from other areas. In addition, programs are offered in wrestling and karate. All children from kindergarten to ninth grade are eligible to participate in the recreational programs. Cnsf is wholly run by volunteers. We encourage parents to get involved. The programs are run with funds obtained from registration fees and individual and corporate sponsors. If there is finanical need, regristration fees may be waived.

Form 990, Page 2, Part III, Line 4D

All programs to promote community

Form 990, Part IX, Line 11G

Awards 1,000 0 0 background checks 168 0 0 board meeting expense 2,481 0 0 credit card fees 8,262 0 0 field maintenance 17,373 0 0 field rental 13,351 0 0 league expenses 23,864 0 0 opening day expesnes 3,811 0 0 other expenses 7,432 0 0 referees 49,581 0 0 scorekeeper expense 4,179 0 0 snack shed 3,319 0 0 tournament expense 7,107 0 0 training expense 116,228 0 0 trophies expense 1,409 0 0 uniform expense 37,004 0 0 safety clinics 660 0 0 clinic expense 10,040 0 0 equipment expense 17,351 0 0 fundraising expenses 0 0 36,617 total 324,620 0 36,617

Form 990, Part XI, Line 9

Book / tax depreciation difference -161

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 161

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IRS990/MissionDesc0OUR MISSION IS TO PROVIDE SPORTS ACTIVITIES FOR THE RESIDENTS OF COLTS NECK (CN). SPORTS ACTIVITIES RANGE FROM RECREATIONAL TO HIGHLY COMPETITIVE TRAVEL LEAGUES. PLAYERS HAVE THE OPPORTUNITY TO PARTICIPATE IN A LEVEL THAT PARENTS AND LEAGUE OFFICIALS FEEL ARE BEST SUITED FOR THEIR DEVELOPMENT AND ENJOYMENT. SPORTSMANSHIP, FRIENDSHIP, AND SKILL DEVELOPMENT WILL BE STRESSED AT ALL LEVELS. CNSF CURRENTLY OFFER SEASONAL PROGRAMS IN BASKETBALL, SOCCER, AND BASEBALL ON A RECREATIONAL BASIS, OR FOR THOSE WHO WISH TO MAKE MORE OF A COMMITMENT, ON TRAVELING TEAMS WHICH COMPETE AGAINST TEAMS FROM OTHER AREAS. IN ADDITION, PROGRAMS ARE OFFERED IN WRESTLING AND KARATE. ALL CHILDREN FROM KINDERGARTEN TO NINTH GRADE ARE ELIGIBLE TO PARTICIPATE IN THE RECREATIONAL PROGRAMS. CNSF IS WHOLLY RUN BY VOLUNTEERS. WE ENCOURAGE PARENTS TO GET INVOLVED. THE PROGRAMS ARE RUN WITH FUNDS OBTAINED FROM REGISTRATION FEES AND INDIVIDUAL AND CORPORATE SPONSORS. IF THERE IS FINANICAL NEED, REGRISTRATION FEES MAY BE W
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07047
IRS990/PrincipalOfficerNm0ANTHONY SCIARRILLO
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IRS990/ProgramServiceRevenueGrp/Desc1WINTER REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc2SPRING REGISTRATION
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IRS990/ProgSrvcAccomActy2Grp/Desc0INSTRUCTIONAL AND COMPETITIVE BASEBALL AND SOFTBALL FOR CHILDREN AGES 5 TO 17 TO PROMOTE SPIRIT, COMMUNITY AND TEAMWORK.
IRS990/ProgSrvcAccomActy3Grp/Desc0INSTRUCTIONAL AND COMPETITIVE BASKETBALL FOR CHILDREN AGES 5 TO 17 TO PROMOTE SPIRIT, COMMUNITY AND TEAMWORK.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL PROGRAMS TO PROMOTE COMMUNITY
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02500
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0430360
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt021171
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 161
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt0411863
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO PROVIDE SPORTS ACTIVITIES FOR THE RESIDENTS OF COLTS NECK (CN). SPORTS ACTIVITIES RANGE FROM RECREATIONAL TO HIGHLY COMPETITIVE TRAVEL LEAGUES. PLAYERS HAVE THE OPPORTUNITY TO PARTICIPATE IN A LEVEL THAT PARENTS AND LEAGUE OFFICIALS FEEL ARE BEST SUITED FOR THEIR DEVELOPMENT AND ENJOYMENT. SPORTSMANSHIP, FRIENDSHIP, AND SKILL DEVELOPMENT WILL BE STRESSED AT ALL LEVELS. CNSF CURRENTLY OFFER SEASONAL PROGRAMS IN BASKETBALL, SOCCER, AND BASEBALL ON A RECREATIONAL BASIS, OR FOR THOSE WHO WISH TO MAKE MORE OF A COMMITMENT, ON TRAVELING TEAMS WHICH COMPETE AGAINST TEAMS FROM OTHER AREAS. IN ADDITION, PROGRAMS ARE OFFERED IN WRESTLING AND KARATE. ALL CHILDREN FROM KINDERGARTEN TO NINTH GRADE ARE ELIGIBLE TO PARTICIPATE IN THE RECREATIONAL PROGRAMS. CNSF IS WHOLLY RUN BY VOLUNTEERS. WE ENCOURAGE PARENTS TO GET INVOLVED. THE PROGRAMS ARE RUN WITH FUNDS OBTAINED FROM REGISTRATION FEES AND INDIVIDUAL AND CORPORATE SPONSORS. IF THERE IS FINANICAL NEED, REGRISTRATION FEES MAY BE WAIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL PROGRAMS TO PROMOTE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER WILL REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY MEMBER OR NON MEMBER MAY BRING ANY ISSUE TO THE BOARD OF DIRECTORS IN CONFIDENCE. THIS IS A 100% VOLUNTEER ORGANIZATION SO THERE ARE NO EMPLOYMENT ISSUES, BUT THE BOARD TAKES ALL CONCERNS SERIOUSLY AND INVESTIGATES FULLY WITHOUT PREJUDICE TO THE INFORMER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AWARDS 1,000 0 0 BACKGROUND CHECKS 168 0 0 BOARD MEETING EXPENSE 2,481 0 0 CREDIT CARD FEES 8,262 0 0 FIELD MAINTENANCE 17,373 0 0 FIELD RENTAL 13,351 0 0 LEAGUE EXPENSES 23,864 0 0 OPENING DAY EXPESNES 3,811 0 0 OTHER EXPENSES 7,432 0 0 REFEREES 49,581 0 0 SCOREKEEPER EXPENSE 4,179 0 0 SNACK SHED 3,319 0 0 TOURNAMENT EXPENSE 7,107 0 0 TRAINING EXPENSE 116,228 0 0 TROPHIES EXPENSE 1,409 0 0 UNIFORM EXPENSE 37,004 0 0 SAFETY CLINICS 660 0 0 CLINIC EXPENSE 10,040 0 0 EQUIPMENT EXPENSE 17,351 0 0 FUNDRAISING EXPENSES 0 0 36,617 TOTAL 324,620 0 36,617
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -161
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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