RISING STARS INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
RISING STARS INC (EIN 11-3309547)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-10-03
IRS object ID
201212779349300721
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-10-03T14:18:31-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1NEEDLEMAN & SCHACTER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARCUS AVE STE N-116AddressLine1
CityNEW HYDE PARKCity
StateNYState
ZIP Code110421011ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN113309547EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RISING STARS INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlRISINameControl
Phone5168891421Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1596AddressLine1
CityFLUSHINGCity
StateNYState
ZIP Code11354ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NamePAUL SAVRAMISName
TitleFOUNDER/TREASURERTitle
Phone5168891421Phone
Date Signed2012-10-02DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameGARY NEEDLEMANName
Phone5163289111Phone
Date Prepared2012-10-02DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts512352GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.RISINGSTARSBASKETBALL.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Activity Or Mission DescriptionRISING STARS UTILIZES BASKETBALL TO REACH CHILDREN AND PROMOTE EDUCATION. WE PROVIDE LIFE SKILLS, ACADEMIC AND ATHLETIC SUPPORT PROGRAMS TO THE YOUTH OF OUR COMMUNITIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year278250ContributionsGrantsPriorYear
Contributions Grants Current Year241076ContributionsGrantsCurrentYear
Program Service Revenue Prior Year195561ProgramServiceRevenuePriorYear
Program Service Revenue CY271124ProgramServiceRevenueCY
Investment Income Prior Year98InvestmentIncomePriorYear
Investment Income Current Year152InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year473909TotalRevenuePriorYear
Total Revenue Current Year512352TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year53493SalariesEtcPriorYear
Salaries Etc Current Year118453SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year253321OtherExpensePriorYear
Other Expenses Current Year328425OtherExpensesCurrentYear
Total Expenses Prior Year306814TotalExpensesPriorYear
Total Expenses Current Year446878TotalExpensesCurrentYear
Revenues Less Expenses Prior Year167095RevenuesLessExpensesPriorYear
Revenues Less Expenses CY65474RevenuesLessExpensesCY
Total Assets BOY133742TotalAssetsBOY
Total Assets EOY202421TotalAssetsEOY
Total Liabilities BOY2300TotalLiabilitiesBOY
Total Liabilities EOY5505TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY131442NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY196916NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionRISING STARS UTILIZES BASKETBALL TO REACH CHILDREN AND PROMOTE EDUCATION. WE PROVIDE LIFE SKILLS, ACADEMIC AND ATHLETIC SUPPORT PROGRAMS TO THE YOUTH OF OUR COMMUNITIES.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense250337Expense
Revenue271124Revenue
DescriptionRISING STAR SUMMER LEAGUE, AMATEUR ATHLETIC ASSOC. INTRAMURAL SPORTS PROGRAMS AND ASSOCIATED EDUCATIONAL/INSTRUCTIONAL PROGRAMS FOR BOYS AND GIRLS BETWEEN THE GRADES 4 AND 12.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense153433Expense
Revenue241076Revenue
DescriptionFOR THE GOOD OF THE NEIGHBORHOOD, INTERVENTION & PREVENTION CLINICS OFFERED THROUGH THE RISING STARS AND AFFILIATED YOUTH PROGRAMS THROUGHOUT THE METRO AREA & ACROSS THE COUNTRY TEACHING VALUES THROUGH SPORTS.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
DescriptionRISING STAR SUMMER LEAGUE, AMATEUR ATHLETIC ASSOC., INTRAMURAL SPORTS PROGRAMS AND ASSOCIATED INSTRUCTIONAL PROGRAMS FOR BOYS AND GIRLS BETWEEN GRADES K-12 INTERVENTION AND PREVENTION CLINCS OFFERED THROUGH THE RISING STARS AND OTHER YOUTH PROGRAMS THROUGHOUT THE METROPOLITAN AREA AND ACROSS THE COUNTRY TEACHING VALUES THROUGH SPORTS.Description
FieldValueIRS element (for citing)
Total Program Service Expense403770TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredfalseScheduleORequired
Number Forms Transmitted With10965NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingfalseComplianceWithBackupWitholding
Number Of Employees2NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonPAUL SAVRAMISNamePerson
Telephone Number5168891421TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1596AddressLine1
CityFLUSHINGCity
StateNYState
ZIP Code11354ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
DANNY GIMPEL
EXECUTIVE DI60.00XX5250000
PAUL SAVRAMIS
FOUNDER/TREA40.00XX4900000
TYRONE GREEN
TRUSTEE1.00X000
JAY WILLIAMS
EXECUTIVE TR2.00XX000
JIM DAVIS
TRUSTEE1.00X000
ALTHEA WILLIAMS
VICE PRESIDE20.00X000
MADALENA MANZELLA
SECRETARY10.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org101500TotalReportableCompFromOrg
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Fundraising Events150609FundraisingEvents
All Other Contributions90467AllOtherContributions
Total Contributions241076TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionCLINICS, CAMPSDescription
Total Revenue Column271124TotalRevenueColumn
Related Or Exempt Function Income271124RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue271124TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column152TotalRevenueColumn
Exclusion$152ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column512352TotalRevenueColumn
Related Or Exempt Function Income271124RelatedOrExemptFunctionIncome
Exclusion$152ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total101500Total
Program Services71050ProgramServices
Management And General30450ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total11660Total
Program Services8162ProgramServices
Management And General3498ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total5293Total
Program Services3705ProgramServices
Management And General1588ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total975Total
Management And General975ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total7605Total
Program Services5324ProgramServices
Management And General2281ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total13329Total
Program Services9997ProgramServices
Management And General3332ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total4778Total
Program Services4778ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
CLINIC & CAMP EXPENSES114950114950
COST OF FUNDRAISING6910969109
PROGRAM & EVENT EXPENSES6796967969
COACHES3584035840

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total13870Total
Program Services12886ProgramServices
Management And General984ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total446878Total
Program Services403770ProgramServices
Management And General43108ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY133742BOY
EOY202421EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY133742BOY
EOY202421EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY2300BOY
EOY5505EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY2300BOY
EOY5505EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY131442BOY
EOY196916EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY131442BOY
EOY196916EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY133742BOY
EOY202421EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses65474ReconcilationRevenueExpenses
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years133877CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years131500CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years97400CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year278250CurrentTaxYearMinus1Year
Current Tax Year241076CurrentTaxYear
Total882103Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years133877CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years131500CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years97400CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year278250CurrentTaxYearMinus1Year
Current Tax Year241076CurrentTaxYear
Total882103Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total345119AmountsSubstContributorsTotal
Public Support Total170536984PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years266CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years215CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years71CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year98CurrentTaxYearMinus1Year
Current Tax Year152CurrentTaxYear
Total802Total
FieldValueIRS element (for citing)
Total Support882905TotalSupport
Gross Receipts From Admissions Etc271124GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.60820PublicSupportPertcentage170
Public Support Pertcent Prior Year0.39640PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionPAYROLL TAXES PAYABLEDescription
Amount$5,505Amount
FieldValueIRS element (for citing)
Total Of Amounts5505TotalOfAmounts

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1990PTVIII1CNameOfEvent1
Gross Receipts Event1150609GrossReceiptsEvent1
Charitable Contributions Event1150609CharitableContributionsEvent1
Gross Receipts Total150609GrossReceiptsTotal
Charitable Contributions Total150609CharitableContributionsTotal

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTIONFORM 990, PAGE 2, PART III, LINE 4DRISING STAR SUMMER LEAGUE, AMATEUR ATHLETIC ASSOC., INTRAMURAL SPORTS PROGRAMS AND ASSOCIATED INSTRUCTIONAL PROGRAMS FOR BOYS AND GIRLS BETWEEN GRADES K-12 INTERVENTION AND PREVENTION CLINCS OFFERED THROUGH THE RISING STARS AND OTHER YOUTH PROGRAMS THROUGHOUT THE METROPOLITAN AREA AND ACROSS THE COUNTRY TEACHING VALUES THROUGH SPORTS.
RELATED PARTY INFORMATION AMONG OFFICERSFORM 990, PAGE 6, PART VI, LINE 2ALTHEA WILLIAMS JAY WILLIAMS VICE PRESIDE EXEC TRUSTEE MOTHER / SON
DECISIONS SUBJECT TO APPROVAL OF MEMBERSFORM 990, PAGE 6, PART VI, LINE 7BYES
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

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