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Nonprofit · EIN 45-3539495

NEW RENAISSANCE BASKETBALL ASSOCIATION INC

Tax-exempt (reinstated) · NEW YORK, NY 10016

Financials

$591K$601K2022
Revenue Expenses · by fiscal year end
Financials of NEW RENAISSANCE BASKETBALL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990$590,519$600,830-$10,311$477,167$0$477,167
Financial details: 990 for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$586,865
Membership dues
$205,000
Program service revenue
$0
Investment income
$3,654
Other revenue
$0

Expenses

Grants and similar amounts paid
$965
Compensation of officers, directors and key employees
$23,929
Salaries, compensation and benefits (total)
$25,220
Professional fundraising fees
$0
Accounting fees
$4
Travel
$409,000
Program services (functional)
$570,929
Management and general (functional)
$29,901

Balance sheet and other

Total assets, start of year
$470,617
Total assets, end of year
$477,167
Total liabilities, end of year
$0
Net assets, end of year
$477,167
Publicly traded securities
$240,538
Net assets without donor restrictions
$477,167
Gross receipts
$590,519
Employees
1
Volunteers
40
Year formed
2011
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
ANDREW M BORMAN-OFF 82022EXECUTIVE DIRECTOR
Officer
0.5$87,312
JOHN CARROLL-ON 72023CHAIRMAN
Trustee or director
0.5$33,929
DAN KLORESPRESIDENT
Trustee or director, Officer
1.5$0
EVELYN ESPINOSASECRETARY
Trustee or director, Officer
0.5$0
CRAIG KLOSKBOARD MEMBER
Trustee or director
0.5$0
JACK IRUSHALMIBOARD MEMBER
Trustee or director
0.5$0
MICHAEL SALZERBOARD MEMBER
Trustee or director
0.5$0
REGGIE LOVEBOARD MEMBER
Trustee or director
0.5$0
ROB SHARPBOARD MEMBER
Trustee or director
0.5$0
ALAN FISHMANBOARD MEMBER
Trustee or director
0.5$0
ANTHONY WESTRIECHBOARD MEMBER
Trustee or director
0.5$0
JACKIE HARRISBOARD MEMBER
Trustee or director
0.5$0
ERIC SCHWARTZBOARD MEMBER
Trustee or director
0.5$0
CHRIS COCOBOARD MEMBER
Trustee or director
0.5$0
MICHAEL LERNERBOARD MEMBER
Trustee or director
0.5$0
16 more people on this return
NameTitleHours / weekCompensation
LARRY MCGONEGALBOARD MEMBER
Trustee or director
0.5$0
WILLIAM MILLERBOARD MEMBER
Trustee or director
0.5$0
PAMELA SCHEIN MURPHYBOARD MEMBER
Trustee or director
0.5$0
GLORIA PRESTIFILIPPOBOARD MEMBER
Trustee or director
0.5$0
JESSE SHAPIROBOARD MEMBER
Trustee or director
0.5$0
JAMES AHERN OFF 82323BOARD MEMBER
Trustee or director
0.5$0
ANDREI BERMAN OFF 82323BOARD MEMBER
Trustee or director
0.5$0
EVAN CUMMINS OFF 82323BOARD MEMBER
Trustee or director
0.5$0
MICHAEL LARSEN OFF 82323BOARD MEMBER
Trustee or director
0.5$0
C SCOTLAND STEVENSBOARD MEMBER
Trustee or director
0.5$0
LAURIE KATZBOARD MEMBER
Trustee or director
0.5$0
BRADD WILLIAMSONBOARD MEMBER
Trustee or director
0.5$0
ADAM ROSENTHAL OFF 0523BOARD MEMBER
Trustee or director
0.5$0
AARON SAPERSTEINBOARD MEMBER
Trustee or director
0.5$0
CHARLIE KINGBOARD MEMBER
Trustee or director
0.5$0
OSWALD 'OZ' CROSS-ON 52023EXECUTIVE DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
261 5TH AVE FRNT 3, NEW YORK, NY 10016-7601
In care of
% DAN KLORES
Principal officer (990 for 2022)
DAN KLORES, 261 FIFTH AVENUE 2ND FL, NEW YORK, NY 10016
Signed the 990
DAN KLORES, PRESIDENT
Phone
(212) 685-4300
Return prepared by
MARCUM LLP

Mission

TO PROVIDE OPPORTUNITIES FOR YOUTH TO PARTICIPATE IN BASKETBALL ON AN ORGANIZED AND INSTRUCTIVE BASIS

990 for the year ended September 30, 2023

Program accomplishments

  • YOUTH BASKETBALL LEAGUE THAT:A) PROMOTES GOOD SPORTMANSHIP AND DEVELOP LEADERSHIPB) DEVELOPS PHYSICAL FITNESS AND MENTAL ALERTNESSC) PROVIDES SAFE AND ENJOYABLE RECREATIONAL ACTIVITIES FOR YOUTH
    Expenses $570,929 · grants $965

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025Not on file

IRS record

EIN
45-3539495
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$477,167
Income (IRS master file)
$590,519

Revocation and reinstatement

Exemption revoked
February 15, 2020
Posted by the IRS
May 11, 2020
Reinstated
Effective February 15, 2020

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2023$590,519$600,830$477,167XML
990September 2022$481,260$714,870$470,617IRS
990September 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3539495).

Questions about NEW RENAISSANCE BASKETBALL ASSOCIATION INC

What is the EIN of NEW RENAISSANCE BASKETBALL ASSOCIATION INC?
The employer identification number (EIN) of NEW RENAISSANCE BASKETBALL ASSOCIATION INC is 45-3539495.
Is NEW RENAISSANCE BASKETBALL ASSOCIATION INC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2020 and reinstated it effective February 15, 2020.
Are donations to NEW RENAISSANCE BASKETBALL ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW RENAISSANCE BASKETBALL ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW RENAISSANCE BASKETBALL ASSOCIATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW RENAISSANCE BASKETBALL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2023.
Who is the principal officer of NEW RENAISSANCE BASKETBALL ASSOCIATION INC?
The 990 for the year ended September 30, 2023 names DAN KLORES.
Who are the officers and directors of NEW RENAISSANCE BASKETBALL ASSOCIATION INC?
The 990 for the year ended September 30, 2023 lists 31 people; 2 received compensation from the organization, the highest $87,312 (ANDREW M BORMAN-OFF 82022, EXECUTIVE DIRECTOR).
How much revenue does NEW RENAISSANCE BASKETBALL ASSOCIATION INC have?
On its 990 for the year ended September 30, 2023 it reported revenue of $590,519, expenses of $600,830 and total assets of $477,167 at year end.

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