2024-03-25T14:36:38-05:00 2022-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2022-01-01 873203831 SYOBBALL INC SYOSSET BASKETBALL LEAGUE SYOB 5169801210 CO 34 FOXWOOD RD OLD BETHPAGE NY 11804 SEAN ROSEN CEO 5169801210 2024-03-22 1 SEAN ROSEN 999009999 0 KEN CERINI P00223556 6315821600 2024-03-21 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X SEAN ROSEN 34 FOXWOOD RD OLD BETHPAGE NY 11716 477408 0 X WWW.SYOSSETBASKETBALL.COM X 2021 NY THE MISSION OF SYOBBALL IS TO OPERATE A BASKETBALL PROGRAM PROVIDING RECREATION OPPORTUNITIES FOR THE YOUTH OF THE SYOSSET COMMUNITY. 5 1 44 90 0 0 0 0 226749 477408 0 0 0 0 226749 477408 0 0 0 0 136115 152548 0 0 0 423425 406992 559540 559540 -332791 -82132 222498 293864 128612 282110 93886 11754 THE MISSION OF SYOBBALL IS TO OPERATE A BASKETBALL PROGRAM PROVIDING RECREATION OPPORTUNITIES FOR THE YOUTH OF THE SYOSSET COMMUNITY. 0 0 470021 477408 THE MISSION OF SYOBBALL IS TO OPERATE A BASKETBALL PROGRAM PROVIDING RECREATION OPPORTUNITIES FOR THE YOUTH OF THE SYOSSET COMMUNITY. 470021 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NY X X SEAN ROSEN 5169801210 34 FOXWOOD RD OLD BETHPAGE NY 11716 X SEAN ROSEN PRESIDENT 25.00 X X 31020 26500 2375 RYAN HASSEL VICE PRESIDENT 25.00 X X 31020 26500 2375 JEREMY PLOTKIN SECRETARY 15.00 X X 9570 7150 0 HENRY HORTON BOARD MEMBER 1.00 X 10395 15585 0 SAMANTHA KATZ BOARD MEMBER 1.00 X 0 0 0 82005 75735 4750 0 0 0 0 THE PLAYGROUND ATHLETES INC 34 FOXWOOD RD OLD BETHPAGE NY 11804 MANAGEMENT SERVICES 129779 1 MEMBERSHIP DUES 900099 474220 474220 SPONSORSHIP INCOME 900099 3188 3188 477408 477408 477408 0 0 X 82005 58223 23782 54110 54110 16433 13562 2871 129779 107104 22675 1193 1193 71577 71577 4749 4749 31675 31675 7592 7592 11939 7163 4776 16034 14431 1603 APPAREL 63745 63745 PROGRAM SUPPLIES 60798 60798 APPLICATION FEES 3193 3193 MISCELLANEOUS EXPENSES 2423 1938 485 2295 1836 459 559540 470021 89519 0 222498 293864 222498 293864 21079 6982 107533 275128 128612 282110 X 93886 11754 93886 11754 222498 293864 -82132 0 X 1 X 0 1 0 X 226749 477408 704157 226749 477408 704157 0 0 0 704157 226749 477408 704157 X SEAN ROSEN OWNER OF THE PLAYGROUND ATHLETES INC 64890 THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PLAYGROUND ATHLETES INC, AN ORGANIZATION OWNED BY THE BOARD PRESIDENT AND VICE PRESIDENT. THE AGREEMENT REQUIRED PLAYGROUND ATHLETES INC TO PROVIDE SERVICES NECESSARY FOR THE ORGANIZATION TO ACCOMPLISH ITS PROGRAMMATIC ACTIVITIES INCLUDING COACHES, REFEREES, SCORERS, LEAGUE ADMINISTRATION, SCHEDULING, RECRUITING, AND ADMINISTRATIVE SUPPORT. IN EXCHANGE, THE ORGANIZATION PAID MANAGEMENT FEES OF $129,779 TO PLAYGROUND ATHLETES INC. SUBSEQUENT TO YEAR END, ON OCTOBER 12, 2023, THE CONTRACT WAS TERMINATED. 1 RYAN HASSEL OWNER OF THE PLAYGROUND ATHLETES INC 64889 THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PLAYGROUND ATHLETES INC, AN ORGANIZATION OWNED BY THE BOARD PRESIDENT AND VICE PRESIDENT. THE AGREEMENT REQUIRED PLAYGROUND ATHLETES INC TO PROVIDE SERVICES NECESSARY FOR THE ORGANIZATION TO ACCOMPLISH ITS PROGRAMMATIC ACTIVITIES INCLUDING COACHES, REFEREES, SCORERS, LEAGUE ADMINISTRATION, SCHEDULING, RECRUITING, AND ADMINISTRATIVE SUPPORT. IN EXCHANGE, THE ORGANIZATION PAID MANAGEMENT FEES OF $129,779 TO PLAYGROUND ATHLETES INC. SUBSEQUENT TO YEAR END, ON OCTOBER 12, 2023, THE CONTRACT WAS TERMINATED. 1 FORM 990, PART VI, SECTION A, LINE 1A FOUR OF THE FIVE BOARD MEMBERS OF THE ORGANIZATION WERE EMPLOYED BY THE ORGANIZATION THROUGH AUGUST 3, 2022. TOTAL SALARIES PAID TO THE BOARD MEMBERS DURING THE YEAR ENDED DECEMBER 31, 2022 AGGREGATED $82,005. IN ADDITION, EFFECTIVE AUGUST 4, 2022, THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PLAYGROUND ATHLETES INC, AN ORGANIZATION OWNED BY THE BOARD PRESIDENT AND VICE PRESIDENT. THE AGREEMENT REQUIRED PLAYGROUND ATHLETES INC TO PROVIDE SERVICES NECESSARY FOR THE ORGANIZATION TO ACCOMPLISH ITS PROGRAMMATIC ACTIVITIES INCLUDING COACHES, REFEREES, SCORERS, LEAGUE ADMINISTRATION, SCHEDULING, RECRUITING, AND ADMINISTRATIVE SUPPORT. IN EXCHANGE, THE ORGANIZATION PAID MANAGEMENT FEES OF $129,779 TO PLAYGROUND ATHLETES INC. SUBSEQUENT TO YEAR END, ON OCTOBER 12, 2023, THE CONTRACT WAS TERMINATED. SUBSEQUENT TO YEAR END, CERTAIN BOARD MEMBERS RESIGNED AND NEW BOARD MEMBERS WERE ADDED TO THE BOARD SUCH THAT THE MAJORITY OF THE BOARD MEMBERS HAVE NO FINANCIAL OR EMPLOYMENT RELATIONSHIP WITH THE ORGANIZATION, WHETHER DIRECTLY OR INDIRECTLY, WHETHER THROUGH FAMILY MEMBERS OR BUSINESS OWNERSHIP, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 2 EFFECTIVE AUGUST 4, 2022, THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PLAYGROUND ATHLETES INC, AN ORGANIZATION OWNED BY THE BOARD PRESIDENT AND VICE PRESIDENT. THE AGREEMENT REQUIRED PLAYGROUND ATHLETES INC TO PROVIDE SERVICES NECESSARY FOR THE ORGANIZATION TO ACCOMPLISH ITS PROGRAMMATIC ACTIVITIES INCLUDING COACHES, REFEREES, SCORERS, LEAGUE ADMINISTRATION, SCHEDULING, RECRUITING, AND ADMINISTRATIVE SUPPORT. IN EXCHANGE, THE ORGANIZATION PAID MANAGEMENT FEES OF $129,779 TO PLAYGROUND ATHLETES INC. SUBSEQUENT TO YEAR END, ON OCTOBER 12, 2023, THE CONTRACT WAS TERMINATED. FORM 990, PART VI, SECTION A, LINE 3 FOUR OF THE FIVE BOARD MEMBERS OF THE ORGANIZATION WERE EMPLOYED BY THE ORGANIZATION THROUGH AUGUST 3, 2022. TOTAL SALARIES PAID TO THE BOARD MEMBERS DURING THE YEAR ENDED DECEMBER 31, 2022 AGGREGATED $82,005. IN ADDITION, EFFECTIVE AUGUST 4, 2022, THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PLAYGROUND ATHLETES INC, AN ORGANIZATION OWNED BY THE BOARD PRESIDENT AND VICE PRESIDENT. THE AGREEMENT REQUIRED PLAYGROUND ATHLETES INC TO PROVIDE SERVICES NECESSARY FOR THE ORGANIZATION TO ACCOMPLISH ITS PROGRAMMATIC ACTIVITIES INCLUDING COACHES, REFEREES, SCORERS, LEAGUE ADMINISTRATION, SCHEDULING, RECRUITING, AND ADMINISTRATIVE SUPPORT. IN EXCHANGE, THE ORGANIZATION PAID MANAGEMENT FEES OF $129,779 TO PLAYGROUND ATHLETES INC. SUBSEQUENT TO YEAR END, ON OCTOBER 12, 2023, THE CONTRACT WAS TERMINATED. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS OBTAIN THE 990 PRIOR TO FILING AND HAVE THE ABILITY TO ASK QUESTIONS TO THE CPA WHO PREPARED THE 990. WHEN THE REVIEW PROCESS IS COMPLETE, THE 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 SUBSEQUENT TO YEAR END, THE BOARD OF DIRECTORS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES OFFICERS, DIRECTORS, AND KEY PERSONS TO DISCLOSE, IN WRITING, INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT A MINIMUM ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF TAX RETURNS AND ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING THE RESPONSIBLE PARTY OUTLINED IN QUESTION 20. FORM 990, PART VII, SECTION A, LINE 1 & 2 AS OUTLINED IN PART VI ABOVE, EFFECTIVE AUGUST 4, 2022, THE ORGANIZATION ENTERED INTO A MANGEMENT AGREEMENT WITH PLAYGROUND ATHLETES, A COMPANY OWNED BY TWO OF THE BOARD MEMBERS, WHICH ALSO EMPLOYED TWO OF THE OTHER BOARD MEMBERS. AS 4 OF THE 5 BOARD MEMBERS EITHER OWNED OR WERE EMPLOYED BY PLAYGROUND ATHLETES, PLAYGROUND ATHLETES, PURSUANT TO IRS GUIDANCE, IS CONSIDERED A RELATED PARTY AND THUS ANY COMPENSATION PAID BY PLAYGROUND ATHLETES TO THESE INDIVIDUALS SHOULD BE DISCLOSED IN PART VII COLUMN E. IN ADDITION, THE REVENUE IN EXCESS OF EXPENSES OF PLAYGROUND ATHLETES INURES TO THE 2 OWNERS OF THE COMPANY, AS A RESULT, THIS AMOUNT IS REFLECTED IN PART VII COLUMN F. ALL COMPENSATION REPORTED IN PART VII COLUMN E THAT WAS PAID TO THE ORGANIZATION'S BOARD MEMBERS BY PLAYGROUND ATHLETES WAS FOR SERVICES RENDERED FOR PROVIDING DIRECT SERVICES IN CONJUNCTION WITH THE LEAGUE OPERATIONS AND IS INCLUDED IN THE MANAGEMENT FEE OUTLINED IN PART VII SECTION B. NO FEES WERE PAID TO THESE INDIVIDUALS IN THEIR CAPACITY AS A BOARD MEMBER. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: COACHES FEES: PROGRAM SERVICE EXPENSES 71,577. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,577.