Civic Intelligence

Highland Park Athletic Teams Boosters Inc

EIN 81-0783300 • 501(c)3 • Highland Park, NJ

Pub. 78 Eligible990-N CoverageNTEE N12

Profile

To raise funds for youth sports programs in Highland Park, NJ and to use those funds to purchase uniforms, equipment, banners, awards, entrance fees, transportation fees and similar costs.

255 Harrison AvenueHighland Park, NJ 08904

www.hpboosters.org

Siviq Scores

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

Liabilities / Assets

95th percentile

0.95x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE N12 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

0.97x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE N12 • <$500k nonprofits • Source year 2023

Net Margin

95th percentile

99%

Higher net margin than 95% of similar nonprofits.

NTEE N12 • <$500k nonprofits • Source year 2023

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE N12 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$428,752

No earlier filing loaded for comparison.

Liabilities

$406,000

No earlier filing loaded for comparison.

Net Assets

$22,752

No earlier filing loaded for comparison.

Revenue

$417,277

No earlier filing loaded for comparison.

Expenses

$4,518

No earlier filing loaded for comparison.

Net Income

$412,759

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2023: $428,752Liabilities 2023: $406,000Net Assets 2023: $22,7522023

Highlighted filing

2023

Assets$428,752
Liabilities$406,000
Net Assets$22,752

Operations Trend

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

$600K$400K$200K$0Revenue 2023: $417,277Expenses 2023: $4,518Net Income 2023: $412,7592023

Highlighted filing

2023

Revenue$417,277
Expenses$4,518
Net Income$412,759

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.29$4.06$0.23$4.17$0.05$4.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 11, 2024
Return Version
2023v5.0
Gross Receipts
$425,801
Mission and Program Overview

Mission

To raise funds for youth sports programs in Highland Park, NJ and to use those funds to purchase uniforms, equipment, banners, awards, entrance fees, transportation fees and similar costs.

To promote the health, welfare and education of youth through sports and to encourage private and public giving to ensure that interested students are not deprived of the opportunity to participate in sports due to economic limitations. We raise money at the football games, Thanksgiving Pie sale and annual Designer Bag Bingo fundraiser. Then we fund requests that we receive for sport related things like uniforms and equipment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,310$428,752▲ $405,442
Rtn Earn Endowment Incm Other Fnds$23,310$22,752▼ $558
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0--
Cap Stk Tr Prin Current Funds$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$23,310$428,752▲ $405,442
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$406,000▲ $406,000
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$406,000▲ $406,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$406,000▲ $406,000
Net Assets Without Donor Restrictions$0--
Total Net Assets Fund Balance$23,310$22,752▼ $558
Total Liabilities and Net Assets / Fund Balance$23,310$428,752▲ $405,442
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derrick GamblePresident
Kim HammondTrustee (former President)
Rachel CampbellVice President
Erica RyanTrustee
Gigi WeinbergTrustee
Jospeh NewtonTrustee
Kieran CrowleyTrustee
Jennifer TannerSecretary
Linda RothTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$406,350
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,927
All Other Contributions
$406,350
Change in Net Assets
$412,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$3,975--$3,975
Information Technology$0$288-$288
Advertising$0$255-$255
Total Functional Expenses$3,975$543$0$4,518
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,451
Fundraising Direct Expenses$8,524
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Designer Bag Bingo$14,335$14,335$1,487$12,848
Snack Shack$5,116$5,116-$5,116
Total Events$19,451$19,451$8,524$10,927
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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

Part VI, Line 11B

This return was prepared by the Treasurer based on the books and records of the organization.

Part VI, Line 12C

Given our small size and limited operations, it is easy to monitor for conflicts of interest. We buy supplies for the Snack Shack from Costco, we buy pies from a local farm stand that is not owned or operated by any member of our board, we buy Designer Handbags (for our Designer Bag Bingo fundraiser) through retail stores, and we buy Bingo cards and the like through national suppliers that also are not owned by any member of our board. We are planning to renovate the baseball field behind the high school with money we received from a one-time bequest from an estate. The contractor - who specializes in field renovations - is not owned or operated by any member of our board. Similarly, when we purchaser items to fund requests received from coaches and the school's Athletic Director, we purchase items from uniform and equipment suppliers that have no connection to our board members.

Part VI, Line 19

We are a very small organization that usually raises approximately $15,000 per year. If we get a request for documents or information, our officers will gladly make the documents and information available. We have never received such a request.

Filing and Contact Details

Filer

Filer Name
Highland Park Athletic Teams Boosters Inc
EIN
81-0783300
Phone
9084206096
Address
255 Harrison Avenue, Highland Park, NJ 08904

Signing Officer

Name
Linda Roth
Title
Treasurer
Phone
9084206096
Signed
2024-05-11

Organization Details

Principal Officer
Kim Hammond
Formed
2015
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
15
Supplemental Narrative

Additional Explanations

Part III, Line 2

We had a one-time opportunity to apply for a bequest from an estate to renovate the baseball field at the high school. In response to our application, we received a bequest of $406,000. We expect this project to commence and be completed in calendar year 2024.

Part III, Line 4D

We do not provide any services. We raise money and then fund award/grant requests for items such as team uniforms and sports equipment. We also pay for transportation and entrance fees so teams can participate in sporting events.

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IRS990/MissionDesc0To raise funds for youth sports programs in Highland Park, NJ and to use those funds to purchase uniforms, equipment, banners, awards, entrance fees, transportation fees and similar costs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesBOYAmt023310
IRS990/NetAssetsOrFundBalancesEOYAmt022752
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010927
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Filling Award/Grant Requests (Team Uniforms/Sports Equipment)
IRS990/OtherExpensesGrp/ProgramServicesAmt03975
IRS990/OtherExpensesGrp/TotalAmt03975
IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/PrincipalOfficerNm0Kim Hammond
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IRS990/QuidProQuoContributionsInd0false
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IRS990/ReportOtherAssetsInd0false
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IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023310
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022752
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We raise funds from three primary activities: (i) we run the Snack Shack at high school football games; (ii) we run a Thanksgiving pie sale; and (iii) we run Designer Bag Bingo (Girls Night Out). Occasionally we receive outright contributions but not often and not much. This is all reported on line 7. Revenue for years 2019 to 20121 is estimated. We did not run all fundraisers in all years. Designer Bag Bingo was suspended in 2021 and 2022 due to COVID-19. We did not sell pies in 2023.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Line 10

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