HUDSON TRAVEL BASKETBALL INC

EIN: 871876302 501(c)(3) Recreation & Sports

HUDSON, MA

Total Revenue
$24,585
Total Expenses
$30,304
Total Assets
$7,115
Net Assets
$7,115
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Principal Officer
THOMAS P DELGIZZI
Phone
6175433050
Tax Period
2024-01-01 to 2024-12-31

HUDSON TRAVEL BASKETBALL INC, founded in 2021, is a micro nonprofit in the Recreation & Sports sector that reported $25K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $30K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROMOTE AND TO DEVELOP SPORTSMANSHIP AND ATHLETIC POTENTIAL OF THE CHILDREN OF HUDSON IN GRADES 5-8 IN THE SPORT OF BASKETBALL. THIS WILL BE ACHIEVED BY HOLDING WEEKLY PRACTICES, CLINICS, REGULAR SEASON GAMES WITHIN CENTRAL MASSACHUSETTS YOUTH BASKETBALL (CMYBL), VARIOUS TOURNAMENTS AND SUMMER LEAGUE BASKETBALL. TO ALSO ASSIST THE TOWN OF HUDSON RECREATION DEPARTMENT WITH THEIR GRADES 1- 4 BASKETBALL PROGRAM AND UNIFIED LEAGUE (CHILDREN AND YOUNG ADULTS WITH DISABILITIES).

Program Service Accomplishments

Program 1
Expenses: $29,470 Revenue: $24,585

THE ORGANIZATION PLANS TO RAISE FUNDS THROUGH FEES, FUNDRAISING AND DONATIONS. FUNDRAISING TAKES PLACE FROM JANUARY TO EARLY MARCH OF EACH YEAR. THE ORGANIZATION HAS HELD A TICKET RAFFLE WITH VARIOUS...

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THE ORGANIZATION PLANS TO RAISE FUNDS THROUGH FEES, FUNDRAISING AND DONATIONS. FUNDRAISING TAKES PLACE FROM JANUARY TO EARLY MARCH OF EACH YEAR. THE ORGANIZATION HAS HELD A TICKET RAFFLE WITH VARIOUS PRIZES INCLUDING PREMIUM CELTICS TICKETS AND LOCAL RESTAURANT GIFT CARDS.THE ORGANIZATION'S GOAL IS TO DONATE $3,000.00 FOR SCHOLARSHIP(S). THIS SCHOLARSHIP WOULD BE PRESENTED TO ANY PLAYER(S) THAT HAS PARTICIPATED IN OUR PROGRAM AND STILL RESIDES IN THE TOWN OF HUDSON. THE SCHOLARSHIP WILL BE PRESENTED IN SPRING OF THE RECIPIENT(S) SENIOR YEAR OF HIGH SCHOOL; HOWEVER, THE FUNDS WILL NOT BE TRANSFERRED UNTIL PROOF OF COMPLETION OF THE RECIPIENTS FIRST SEMESTER FRESHMAN YEAR OF COLLEGE, DEMONSTRATING A GPA OF 2.5 OR HIGHER.

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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 $0
Program Service Revenue $24,585
Investment Income $0
Other Revenue $0
TOTAL REVENUE $24,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,470
Other Expenses $30,304
TOTAL EXPENSES $30,304

Year-over-Year Comparison

2024 2023 Change
Revenue $24,585 $30,286 -0.2%
Expenses $30,304 $29,511 +0.0%
Net Income $-5,719 $775 -8.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS P DELGIZZI PRESIDENT & DIRECTOR 5.00
Officer Director
$0 $0 $0
DAVID N BRUCE VICE PRESIDENT BOYS BASKET 5.00
Officer Director
$0 $0 $0
DAVID M GOYETTE VICE PRESIDENT GIRLS BASKE 5.00
Officer 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 $24,585 $30,304 $7,115 $-5,719
2023 $30,286 $29,511 $12,834 $775
2022 $27,786 $25,184 $12,059 $2,602
2021 $39,496 $29,411 $9,455 $10,085
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