RISING STARS INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
RISING STARS INC (EIN 11-3309547)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-10-17
IRS object ID
201122909349301357
Schema version
2010v3.4
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)
Timestamp2011-10-17T15:13:24-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

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 Date2010-01-01TaxPeriodBeginDate

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 Signed2011-10-17DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameGARY NEEDLEMANName
Phone5163289111Phone
Date Prepared2011-10-17DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts403464GrossReceipts
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 Current Year207805ContributionsGrantsCurrentYear
Program Service Revenue CY195561ProgramServiceRevenueCY
Investment Income Current Year98InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Current Year403464TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year53493SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expenses Current Year253321OtherExpensesCurrentYear
Total Expenses Current Year306814TotalExpensesCurrentYear
Revenues Less Expenses CY96650RevenuesLessExpensesCY
Total Assets BOY35914TotalAssetsBOY
Total Assets EOY133742TotalAssetsEOY
Total Liabilities BOY1122TotalLiabilitiesBOY
Total Liabilities EOY2300TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY34792NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY131442NetAssetsOrFundBalancesEOY
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
Expense175081Expense
Revenue195561Revenue
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)
Expense107045Expense
Revenue207805Revenue
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 Expense282126TotalProgramServiceExpense
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 With10963NumberFormsTransmittedWith1096
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 RelationshipfalseFamilyOrBusinessRelationship
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 DI40.00XX1800000
PAUL SAVRAMIS
FOUNDER/TREA40.00XX1650000
TYRONE GREEN
TRUSTEE1.00X000
JAY WILLIAMS
EXECUTIVE TR2.00XX000
JIM DAVIS
PRESIDENT1.00X000
ALTHEA WILLIAMS
VICE PRESIDE40.00X000
MADALENA MANZELLA
SECRETARY10.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org34500TotalReportableCompFromOrg
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Fundraising Events105250FundraisingEvents
All Other Contributions102555AllOtherContributions
Total Contributions207805TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionCLINICS, CAMPSDescription
Total Revenue Column195561TotalRevenueColumn
Related Or Exempt Function Income195561RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue195561TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column98TotalRevenueColumn
Exclusion$98ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column403464TotalRevenueColumn
Related Or Exempt Function Income195561RelatedOrExemptFunctionIncome
Exclusion$98ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total34500Total
Program Services24150ProgramServices
Management And General10350ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total15867Total
Program Services11107ProgramServices
Management And General4760ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total3126Total
Program Services2188ProgramServices
Management And General938ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total775Total
Management And General775ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total4663Total
Program Services1385ProgramServices
Management And General3278ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total13910Total
Program Services10432ProgramServices
Management And General3478ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total3250Total
Program Services3250ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
PROGRAM & EVENT EXPENSES9691996919
CLINIC & CAMP EXPENSES6810768107
COST OF FUNDRAISING3212832128
CONSULTING1930019300
COACHES1316013160

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1109Total
Management And General1109ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total306814Total
Program Services282126ProgramServices
Management And General24688ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY35914BOY
EOY133742EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY35914BOY
EOY133742EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1122BOY
EOY2300EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1122BOY
EOY2300EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY34792BOY
EOY131442EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34792BOY
EOY131442EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY35914BOY
EOY133742EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses96650ReconcilationRevenueExpenses
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years97350CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years133877CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years131500CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year97400CurrentTaxYearMinus1Year
Current Tax Year207805CurrentTaxYear
Total667932Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years104526CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years151001CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years98632CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year127814CurrentTaxYearMinus1Year
Current Tax Year195561CurrentTaxYear
Total677534Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years201876CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years284878CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years230132CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year225214CurrentTaxYearMinus1Year
Current Tax Year403366CurrentTaxYear
Total1345466Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years99526CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years146001CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years93632CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year122814CurrentTaxYearMinus1Year
Current Tax Year190561CurrentTaxYear
Total652534Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years99526CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years146001CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years93632CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year122814CurrentTaxYearMinus1Year
Current Tax Year190561CurrentTaxYear
Total652534Total
FieldValueIRS element (for citing)
Public Support Total509692932PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years155CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years266CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years215CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year71CurrentTaxYearMinus1Year
Current Tax Year98CurrentTaxYear
Total805Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years155CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years266CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years215CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year71CurrentTaxYearMinus1Year
Current Tax Year98CurrentTaxYear
Total805Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years202031CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years285144CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years230347CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year225285CurrentTaxYearMinus1Year
Current Tax Year403464CurrentTaxYear
Total1346271Total
FieldValueIRS element (for citing)
Public Support Percentage5090.51470PublicSupportPercentage509
Prior Year Support Percentage0.51680PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

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$2,300Amount
FieldValueIRS element (for citing)
Total Of Amounts2300TotalOfAmounts

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1990PTVIII1CNameOfEvent1
Gross Receipts Event1105250GrossReceiptsEvent1
Charitable Contributions Event1105250CharitableContributionsEvent1
Gross Receipts Total105250GrossReceiptsTotal
Charitable Contributions Total105250CharitableContributionsTotal

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ALL OTHER ACHIEVEMENTS 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.
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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