CROWN GRASS ROOTS BASKETBALL INC

EIN: 823790564 501(c)(3) Recreation & Sports

SKANEATELES, NY

Total Revenue
$23,341
Total Expenses
$51,842
Total Assets
$641
Net Assets
$641
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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
2017
Legal Domicile
NY
Principal Officer
JOHN ALIMO
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

CROWN GRASS ROOTS BASKETBALL INC, founded in 2017, is a micro nonprofit in the Recreation & Sports sector that reported $23K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 122% operating deficit.

Mission

CROWN GRASS ROOTS IS A PLATFORM DESIGNED TO PROVIDE A FUNDAMENTAL FOUNDATION FOR COMMITTED AND DRIVEN STUDENT ATHLETES BEGINNING IN THEIR ELEMENTARY YEARS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $23,341
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,842
Other Expenses $51,842
TOTAL EXPENSES $51,842

Year-over-Year Comparison

2024 2023 Change
Revenue $23,341 $68,340 -0.7%
Expenses $51,842 $55,800 -0.1%
Net Income $-28,501 $12,540 -3.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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
3
Independent Members
3
Employees
N/A
Volunteers
18

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS DIASPARRA PRESIDENT 15.00
Director
$0 $0 $0
PHIL DIASPARRA TREASURER 5.00
Director
$0 $0 $0
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
2024 $23,341 $51,842 $641 $-28,501
2023 $68,340 $55,800 $29,143 $12,540
2022 $71,760 $80,184 $16,603 $-8,424
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