Civic Intelligence

Philly Revolution Inc.

990EZ • Fiscal year 2023 • EIN 84-4924754

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileWWW.PHILLYREVOLUTIONHOOPS.COM
100 Tournament Drive 310Horsham, PA 19044

(215) 431-3156

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

1.0%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

99th percentile

1161%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

34%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$706

Up $650 (+1161%) from 2022

Net Assets

Up

$706

Up $650 (+1161%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin46th percentile

Revenue

Up

$65,843

Up $16,769 (+34%) from 2022

Expenses

Up

$65,193

Up $16,108 (+33%) from 2022

Net Income

Up

$650

Up $661 (+6009%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0K$2.0K$1.0K$0Assets 2022: $56Liabilities 2022: $0Net Assets 2022: $562022Assets 2023: $706Liabilities 2023: $0Net Assets 2023: $7062023Assets 2024: $2,574Liabilities 2024: $0Net Assets 2024: $2,5742024

Highlighted filing

2023

Assets$706
Liabilities$0
Net Assets$706
Open 2023 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $49,074Expenses 2022: $49,085Net Income 2022: -$112022Revenue 2023: $65,843Expenses 2023: $65,193Net Income 2023: $6502023Revenue 2024: $108,407Expenses 2024: $106,539Net Income 2024: $1,8682024

Highlighted filing

2023

Revenue$65,843
Expenses$65,193
Net Income$650
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$96,497
Mission and Program Overview

Mission

Philly revolution is an organization established to give under privileged kids an opportunity to excel and advance through playing basketball.

Program Services

DescriptionGrantsExpenses
PHILLY REVOLUTION IS AN ORGANIZATION ESTABLISHED TO GIVE UNDER PRIVILEGED KIDS AN OPPORTUNITY TO EXCEL AND ADVANCE THROUGH PLAYING BASKETBALL.$0$65,193
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL SHARPVice President-$0--
NICK SULLIVANPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Philly Revolution Inc
EIN
84-4924754
Phone
2154313156
Address
100 TOURNAMENT DRIVE 310, HORSHAM, PA 19044

Signing Officer

Name
Michael Sharp
Title
Vice President
Phone
2156592130
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Michael H Sharp & Associates LLC
Address
100 TOURNAMENT DRIVE SUITE 310, HORSHAM, PA 19044
Preparer
Michael Sharp
Phone
2156592130
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: supplies. Amount: 23,702. Description: equipment repairs and maintenance. Amount: 3,390. Description: tournament fees. Amount: 22,775. Description: travel. Amount: 15,326. Total to form 990-ez, line 16: 65,193.”

Raw XML Appendix139 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE SHARP FINANCIAL GROUP
IRS990EZ/BooksInCareOfDetail/PhoneNum02156592130
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 TOURNAMENT DRIVE SUITE 310
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HORSHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0706
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt017000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0650
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0706
IRS990EZ/FundraisingGrossIncomeAmt050884
IRS990EZ/GrossReceiptsAmt096497
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt028613
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt056
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0706
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt056
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0706
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt117.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL SHARP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICK SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt065193
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PHILLY REVOLUTION IS AN ORGANIZATION ESTABLISHED TO GIVE UNDER PRIVILEGED KIDS AN OPPORTUNITY TO EXCEL AND ADVANCE THROUGH PLAYING BASKETBALL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PHILLY REVOLUTION IS AN ORGANIZATION ESTABLISHED TO GIVE UNDER PRIVILEGED KIDS AN OPPORTUNITY TO EXCEL AND ADVANCE THROUGH PLAYING BASKETBALL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt065193
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt030654
IRS990EZ/SpecialEventsNetIncomeLossAmt020230
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065193
IRS990EZ/TotalProgramServiceExpensesAmt065193
IRS990EZ/TotalRevenueAmt065843
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PHILLYREVOLUTIONHOOPS.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt096497
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt074743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt037590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0208830
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0208830
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt096497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074743
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt037590
IRS990ScheduleA/Total509Grp/TotalAmt0208830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt037590
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0208830
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SUPPLIES. AMOUNT: 23,702. DESCRIPTION: EQUIPMENT REPAIRS AND MAINTENANCE. AMOUNT: 3,390. DESCRIPTION: TOURNAMENT FEES. AMOUNT: 22,775. DESCRIPTION: TRAVEL. AMOUNT: 15,326. TOTAL TO FORM 990-EZ, LINE 16: 65,193.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL SHARP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02156592130
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHILLY REVOLUTION INC
ReturnHeader/Filer/BusinessNameControlTxt0PHIL
ReturnHeader/Filer/EIN0844924754
ReturnHeader/Filer/PhoneNum02154313156
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 TOURNAMENT DRIVE 310
ReturnHeader/Filer/USAddress/CityNm0HORSHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0233090587
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL H SHARP & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 TOURNAMENT DRIVE SUITE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HORSHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019044
ReturnHeader/PreparerPersonGrp/PhoneNum02156592130
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL SHARP
ReturnHeader/ReturnTs02024-11-13T14:31:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$706
Liabilities
$0
Net assets
$706
Revenue
$65,843
Expenses
$65,193
Net income
$650
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.08$1.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.66$0.65$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.49$0.49$0.00