5 Boros Basketball Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2011, with $58,858 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$59K
▲ 3.0% vs prior year
Recreation median: $129K
Expenses (FY2023)
$52K
Net assets
$16K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 5 Boros Basketball Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 5 Boros Basketball Inc: 4 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 5 Boros Basketball Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 5 Boros Basketball Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $33K (FY2014) to $59K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20K
Total liabilities
$3,972
Net assets
$16K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $58,858▲3.0% | $51,770▲33.0% | $15,657▲24.8% | $19,629▲56.5% | 990EZ |
| 2022 | $57,128▲133% | $38,930▲97.6% | $12,541▼54.2% | $12,541▼54.2% | 990EZ |
| 2018 | $24,466▼31.8% | $19,703▲10.2% | $27,359▲21.1% | $27,359▲21.1% | 990EZ |
| 2017 | $35,872▲233% | $17,875▲52.8% | $22,596▲391% | $22,596▲391% | 990EZ |
| 2016 | $10,771▼67.1% | $11,699▼56.1% | $4,599▼27.4% | $4,599▼27.4% | 990EZ |
| 2014 | $32,775 | $26,637 | $6,336 | $6,336 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for 5 Boros Basketball Inc (EIN 27-2623043) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.