Nonprofit · EIN 86-1828033
FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH
Tax-exempt · NEW YORK, NY 10075
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,507,284 | $1,548,189 | $959,095 | $12,616,316 | $1,298,297 | $11,318,019 |
| June 30, 2024 | 990 | $1,976,619 | $2,389,350 | -$412,731 | $11,758,323 | $1,486,073 | $10,272,250 |
| June 30, 2023 | 990 | $799,051 | $653,737 | $145,314 | $12,658,138 | $2,065,947 | $10,592,191 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $357,650
- Program service revenue
- $1,928,142
- Investment income
- $221,492
- Net gain from sales of assets
- $30,788
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,095
- Occupancy
- $1,062,296
- Program services (functional)
- $1,451,525
- Management and general (functional)
- $40,830
- Fundraising (functional)
- $55,834
Balance sheet and other
- Total assets, start of year
- $11,758,323
- Total assets, end of year
- $12,616,316
- Total liabilities, end of year
- $1,298,297
- Net assets, end of year
- $11,318,019
- Land, buildings and equipment
- $298,375
- Publicly traded securities
- $1,717,655
- Net assets without donor restrictions
- $11,262,660
- Net assets with donor restrictions
- $55,359
- Gross receipts
- $10,148,496
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2021
- State of legal domicile
- NY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN KLORES | CHAIR Trustee or director, Officer | 1 | $0 |
| JACK IRUSHALMI | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT MAGER | TRUSTEE Trustee or director | 1 | $0 |
| MONICA MAJOR | TRUSTEE Trustee or director | 1 | $0 |
| ANTONIO BURGOS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN KLORES | CHAIR Trustee or director, Officer | 1 | $0 |
| JACK IRUSHALMI | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT MAGER | TRUSTEE Trustee or director | 1 | $0 |
| MONICA MAJOR | TRUSTEE Trustee or director | 1 | $0 |
| ANTONIO BURGOS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN KLORES | CHAIR Trustee or director, Officer | 1 | $0 |
| JACK IRUSHALMI | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT MAGER | TRUSTEE Trustee or director | 1 | $0 |
| MONICA MAJOR | TRUSTEE Trustee or director | 1 | $0 |
| ANTONIO BURGOS | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 52 E 80TH STREET, NEW YORK, NY 10075-0248
- In care of
- % DAN KLORES
- Principal officer (990 for 2024)
- DAN KLORES, 52 E 80TH STREET, NEW YORK, NY 10075
- Signed the 990
- DAN KLORES, CHAIR
- Phone
- (718) 873-6049
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL'S MISSION IS TO SUPPORT EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL IN ITS MISSION TO HELP STUDENTS FROM SOME OF NYC'S MOST CHALLENGING NEIGHBORHOODS SEE BEYOND THE HARDWOOD TO FIND HOPE AND OPORTUNITY. WE WANT THEM TO BE INSPIRED NOT JUST BY PLAYERS, BUT BY RECOGNIZABLE AND RESPECTED ROLE MODELS FROM PROFESSIONS RELATED TO BASKETBALL.
Program accomplishments
- TO SUPPORT EARL MONROE CHARTER SCHOOL IN IT'S MISSION TO PROVIDE HIGH QUALITY EDUCATIONAL SERVICES AND POST-SECONDARY EDUCATIONAL PREPAREDNESS FOR STUDENTS IN GRADES 9-12.Expenses $1,451,525 · revenue $1,928,142
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1828033
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $12,616,316
- Income (IRS master file)
- $10,148,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,507,284 | $1,548,189 | $12,616,316 | IRS |
| 990 | June 2024 | $1,976,619 | $2,389,350 | $11,758,323 | IRS |
| 990 | June 2023 | $799,051 | $653,737 | $12,658,138 | XML |
| 990 | June 2022 | $10,638,049 | $218,330 | $10,714,144 | 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 86-1828033).
Questions about FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH
- What is the EIN of FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH?
- The employer identification number (EIN) of FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH is 86-1828033.
- Is FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH 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 FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH?
- The 990 for the year ended June 30, 2025 names DAN KLORES.
- Who are the officers and directors of FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCH have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,507,284, expenses of $1,548,189 and total assets of $12,616,316 at year end.
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