MVP Basketball Camps Inc

EIN: 133794223 501(c)(3)

White Plains, NY

Total Revenue
$234,133
Total Expenses
$284,355
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Principal Officer
John Nemsick
Phone
9149461231
Tax Period
2021-10-01 to 2022-04-30

MVP Basketball Camps Inc, founded in 1994, is a small nonprofit that reported $234K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $284K exceeded revenue, resulting in a 21% operating deficit.

Mission

MVP Basketball Camp affords youth the opportunity to build basketball and life skills in a fun-filled atmosphere that celebrates diversity.

Program Service Accomplishments

Program 1
Expenses: $259,755 Revenue: $197,633

For the 25th. consecutive season MVP Basketbal filled more than 300 weeks of camp at no charge with the deserving youth from under-resourced communities. MVP partners with social service agencies...

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For the 25th. consecutive season MVP Basketbal filled more than 300 weeks of camp at no charge with the deserving youth from under-resourced communities. MVP partners with social service agencies that don't have their own summer programming, like local Boys and Girls Clubs and several community centers, plus scholarships are granted to any family with a basketball-loving child if they meet MVP's income requirements and can secure a positive letter of recommendation from a teacher at school.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $25,450
Program Service Revenue $172,183
Investment Income $0
Other Revenue $36,500
TOTAL REVENUE $234,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,263
Fundraising Expenses $0
Program Expenses $259,755
Other Expenses $265,092
TOTAL EXPENSES $284,355

Year-over-Year Comparison

2021 2020 Change
Revenue $234,133 $376,016 -0.4%
Expenses $284,355 N/A N/A
Net Income $-50,222 $376,016 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$17,500
Total Directors
4
$17,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Henry Chapman President 4.00
Officer Director
$0 $0 $0
Angel Rodriques Treasurer 4.00
Officer Director
$0 $0 $0
N/A Executive Director 20.00
Officer Director
$0 $0 $0
John Nemsick Camp Director 20.00
Officer Director
$17,500 $0 $17,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $234,133 $284,355 No data $-50,222
2021 $376,016 $342,860 $162,806 $33,156
2019 $347,427 $359,263 $104,498 $-11,836
2018 $404,228 $420,546 $111,320 $-16,318
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