Civic Intelligence

Foster Park Sports Inc

EIN 46-5745874 • 501(c)3 • Brooklyn, NY

Profile

Dedicated to empower YOUTH

700 Chauncey StreetBrooklyn, NY 11207

www.fosterparksports.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

98th percentile

96%

Higher net margin than 98% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

Down

$562

Down $20,388 (-97%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$562

Down $20,388 (-97%) from 2019

Revenue

Up

$51,510

Up $33,010 (+178%) from 2019

Expenses

Up

$57,264

Up $56,564 (+8081%) from 2019

Net Income

Down

-$5,754

Down $23,554 (-132%) from 2019

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2018: $3,150Liabilities 2018: $0Net Assets 2018: $3,1502018Assets 2019: $20,950Liabilities 2019: $0Net Assets 2019: $20,9502019Assets 2024: $562Liabilities 2024: $0Net Assets 2024: $5622024

Highlighted filing

2024

Assets$562
Liabilities$0
Net Assets$562

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2018: $19,550Expenses 2018: $2,800Net Income 2018: $16,7502018Revenue 2019: $18,500Expenses 2019: $700Net Income 2019: $17,8002019Revenue 2024: $51,510Expenses 2024: $57,264Net Income 2024: -$5,7542024

Highlighted filing

2024

Revenue$51,510
Expenses$57,264
Net Income-$5,754

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$51,510
Mission and Program Overview

Mission

Foster Park Sports provides high quality athletic, academic and development programs to help youth reach their full potential.

Dedicated to empower YOUTH

Program Services

DescriptionGrantsExpenses
Our organization is dedicated to empowering youth in the community through basketball. We provide structured programs, mentorship, and training opportunities that help young people-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON WALLACEExecutive DirectorFT$12,000-$12,000
Filing and Contact Details

Filer

Filer Name
Foster Park Sports Inc
EIN
46-5745874
In Care Of
% Ron Wallace
Phone
9293264639
Address
700 CHAUNCEY STREET, Brooklyn, NY 11207

Signing Officer

Name
Ron Wallace
Title
Executive Director
Phone
9293264639
Signed
2025-05-14
Discuss with paid preparer
No

Preparer

Firm
Hilton & Co Tax and Accounting
Address
1154 Nostrand Avenue, Brooklyn, NY 11225
Preparer
Hiedi Burk
Phone
5184067475
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountINSURANCE 1,778BANK CHARGES 1,125JOB SUPPLIES 8,801OFFICE SUPPLES & SOFTWARE 11,233TRAVEL 174

Raw XML Appendix128 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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